Bags

Courtesy of Chanel

For anyone who wondered why fashion icon Karl Lagerfeld picked British pop star Lily Allen to be the new face of Chanel’s Coco Cocoon collection, he cleared it up for Elle.com. The Kaiser explained that he “loves Lily’s humor, her cheekiness, her talent.” And the fact that she’s cute doesn’t hurt either, with Karl citing “her little upturned nose, and her perfect décolletage.” The British starlet, a regular at Chanel’s fashion shows in Paris, has also launched a jewelry line and is slated to star in Neil LaBute’s new West End production of Reasons to Be Pretty in 2010. Read more about Lily Allen and Chanel at Elle.com.

Courtesy H&M

When we first learned that Jimmy Choo was set to create a lower-priced line for H&M, we couldn’t wait to see the results. And now, we finally have a closer look at what will be hitting stores this November. The luxury shoe brand has expanded into clothing for its H&M collaboration, and one key piece will be this black sequined cardigan, $129. But don’t think they forget the accessories! We are especially loving the rocker-chic Claire black bag with diamond star, $99, and the bright pink plastic Kase bag, $60 — the perfect way to add a pop to your fall wardrobe. We can hardly wait to see the rest of the collection, prices ranging from $30-$299, which will hit H&M stores on Saturday, November 14.Tell us: Will you wait in line for the Jimmy Choo for H&M collection?

CLICK HERE TO SEE ANOTHER BAG FROM JIMMY CHOO FOR H&M!
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Harper’s Bazaar, inset: Karwai Tang/Landov

The fashion world is about to be dazzled by a new Versace It-bag — but this time it’s all in the name of a good cause. In the October issue of Harper’s Bazaar, Donatella Versace shares her newest charity venture: a bag created by children, to benefit children. “When you are successful in your life,” she explains of the impetus behind the new project, “you want to give back.” And when you’re Donatella, you do it with style. This past summer, the designer teamed up with the Art Unites program at the Whitney Museum of American Art in N.Y.C., where she met with dozens of youngsters who created pictures with a friendship theme on squares of canvas. Each of the resulting works of art (along with other submissions around the world) will be made into one-of-a-kind Versace totes and sold for $250 each, with proceeds benefitting Starlight Children’s Foundation and the Jet Li One Foundation. And of the over-1000 canvases that were submitted, two budding artists will have their works featured on the Versace runway this month! Click through for a sneak preview of the October cover, starring Janet Jackson, and enter to win $5,000 in Harper’s Bazaar’s Fabulous at Every Age contest by clicking here.

CLICK THROUGH TO SEE THE OCTOBER COVER!
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Courtesy of Chanel

When we first learned that Lily Allen would be fronting Chanel’s next handbag campaign, we could hardly wait to see the images. Karl Lagerfeld’s edgy couture combined with Lily’s girly pop-star style was a fashion dream come true. The outcome? These playful images of an Audrey Hepburn-esque Lily sporting a bouffant updo, diamond tiara and a ruffled collar mixed with a plunging leather blazer, fingerless motorcycle gloves, wire-rimmed aviator shades, and of course, Chanel’s newest line of accessories “Coco Cocoon”. The line of luxury sporswear bags and accessories is the latest addition to the French label’s coveted handbag lines. Lily’s ads will hit fashion magazines in coordination with the launch of the Coco Cocoon line on October 3rd. Tell us: What do you think of Lily’s ads for Chanel?

CLICK THROUGH TO SEE ANOTHER IMAGE OF LILY!
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H&M

On the heels of Matthew Williamson’s boldly printed summer line, H&M has announced its next high-end collaboration with star-favorite accessories brand Jimmy Choo. The luxury shoe line, which is a red carpet favorite of stars like Kate Hudson, Vanessa Hudgens, Jessica Alba, Beyonce and more, will not only be creating a women’s and men’s collection of shoes, bags and accessories, but will be extending its range to a women’s clothing line. This marks the first designer accessory collaboration for H&M. Jimmy Choo for H&M will hit stores November 14, 2009 with shoe styles ranging from $60-$200– a steal compared to Jimmy Choo’s $500+ prices. So far, we love what we see. Tell us: Are you excited to see more of the Jimmy Choo for H&M line?

Courtesy of Ferragamo, inset: Jim Spellman/WireIma

Italian luxury designer Salvatore Ferragamo and stars like Jennifer Aniston, Madonna, Demi Moore, Gywneth Paltrow, Eva Longoria Parker, Marisa Tomei, Dita Von Teese, Lucy Liu and Debi Mazar are coming to the aid of the Italian town L’ Aquila that lost almost 300 people in a tragic earthquake in early April. The A-list stars are auctioning off autographed Ferragamo handbags to benefit GlobalGiving’s Italy Earthquake Relief and Recovery Fund. Bags on the eBay auction block include Aniston’s eco-friendly hobo, with her signature in hot pink ink on the inside natural hemp lining and a handwritten note from the actress herself. Bid on Jen’s bag and other personal Ferragamo bags from your favorite star at eBay.com until June 12th. You can also donate directly to the cause at globalgiving.com.

ANG/Fame

Chanel designer Karl Lagerfeld is as known for his signature white ponytail as he is for his innovative designs for the famous French fashion house. Oscar-winning actresses like Nicole Kidman and Keira Knightley have starred in Chanel’s sensual perfume ads, but when it comes to his celebrity pals he counts Mary- Kate and Ashley Olsen and Rihanna as his front row regulars. And his taste for quirky fashionistas is finally about cross over into print ads. A rep for Chanel confirms to PEOPLE.com that Karl has cast none other than Lily Allen as the star of his next handbag campaign! What made him pick the British pop star? “She’s fun,” WWD quotes Lagerfeld as saying. We can’t wait to see what these two have in store for the Chanel ads. Tell us: Are you excited to see Lily Allen star in Chanel’s handbag ads?