Chinese New Year falls on Thursday February 19 and, this year, it’s the year of the sheep – or goat, depending on your attitude. According to our expert, the difference lies in the Chinese characters for the two animals – the goat’s symbol looks slightly fiercer, while the sheep is friendly. But, essentially, they are the same.

Any excuse to celebrate and give presents, as far as we’re concerned.

In Chinese culture, the colour red symbolises good fortune and joy, so it’s everywhere during Chinese New Year and other celebrations. Plus, it looks great in stylish bags from Kate Spade or Chanel, or to add a pop of colour via a Hackett belt or Maje coat.

Here are our picks of the best gifts for this Chinese New Year.

FOR WOMEN

Choi Time Flowering Tea, £19.95 at Harvey Nichols

Chanel Leather Clutch, £630 at Chanel

DKNY T-shirt, £115 at Harvey Nichols

Lipstick Clutch, £245 at Lulu Guinness

Chelsea Square Hayden Bag, £370 at Kate Spade

Gaspar Coat, £345 at Maje

FOR MEN

Christian Louboutin Cardholder, £265 at Harvey Nichols

Red Suede Belt, £75 at Hackett

Raf Simons X Stan Smith Trainer, £240 at Browns

Epping Spot ‘Self Tie’ Bow Tie, £59 at Thomas Pink

Leather Crocodile Key Ring, £335 at Fendi