Remember the Parachute Hoodie made from recycled Swiss Army Parachutes? The concept behind the Killspencer Parachute Bag ($45) is pretty similar. Take some repurposed U.S. Air Force parachutes from airplanes’ ejection seats and you get a super light, tear resilient and collapsible bag that will work perfectly as a shoes bag, laundry bag or sports bag. This cool item is an affordable gift idea for a retired soldier or anyone enjoying creative recycling. Available in military khaki, orange, tan and white.