New "IT" Bag: Valentino 360

My new favorite bag this year is the Valentino 360! I saw it on Gossip Girl last week and instantly fell in love. The luxurious sequins are all embroidered and the loop bow detail is fab! This bag is nearly impossible to get on their waiting list's, so unless your a celebrity your out of luck. If you are one of the lucky people to purchase this gorgeous bag it will cost you $4,895.

Audrey Hepburn Auction

If you've ever dreamed of wearing one of her costumes in Breakfast at Tiffany's? Well now is your chance, close friend of Hepburn is auctioning off some of the late actress' wardrobe, which the friend received from Audrey. Including over 30 outfits designed by Valentino and Givenchy. It starts December at the Royal Opera Arcade in London.

Red Hot

Heading out to lunch at The Ivy Katherine Heigl looks fab in this Red Valentino Maison bag for $1795. She definitly got her money's worth out of this bag she's been wearing it everywhere.