In order to celebrating the new Gucci’s flagship boutique, newly designed on Londons Sloane street, the company created a funny handbag.

Gucci’s creative director Frida Giannini designed the Gucci bag featuring a Union Jack with a new funkier make-over.

Maserati has launched the limited edition Momaboma eco-bag, dedicated to all female car-mad fashionistas.

Momaboma is an Italian company that creates handbags and accessories exclusively out of vintage materials, such as old newspapers, magazines and clothes.

These bags are entirely hand-made in Italy, like Maserati cars. They are unique because they are made of old brochures recovered from the Maserati archives: 95-year of history come back to a new life.

Using the finest quality materials, from exotic skin to genuine 14K gold, Annie Diamantidis debuts her namesake collection of Luxury Handbags for 2009.

Each Annie Handbag design exudes luxury and glamour and is a timeless treasure that can be passed down for generations.

Inspired by the History and Mythology of Greece, these chic bags pay homage to Greek Goddesses: Athena, Clio, Selene, and Eris. Annie in fact incorporates classic and modern ideas into effortless glamour.

For its fourth annual campaign to benefit UNICEF, Gucci has launched a special white version of its Tattoo Heart Collection.

All handbags in the range feature Gucci’s iconic heart and rose design, a colorful print which contrasts with the purses’ stark white backgrounds.

“I love the idea of a heart being tattooed onto the handbags,” explained Gucci’s creative director Frida Giannini, who has been involved in Gucci’s annual charity line since 2005. “It’s a permanent mark that you can wear with pride that stays with you.

Coach have released this library case with Assouline. The case is made by Coach whilst the books are supplied by Assouline. The case features forty books from Assouline’s Memoire collection of reference books on art, fashion, design and architecture.

The distinctive saddle-stitched white leather library case, lined with red suede, tastefully displays Assouline’s logo on a small metal plaque in front.

The case measures forty nine centimeters by eighteen centimeters and is available at Assouline stores worldwide. Price : $2500

According to fashion blog nitro:licious, classic Chanel handbags will be experiencing a 20% increase in price. The new & improved price mark-ups will take effect come November 1.