Not long ago, a friend who works for a major fashion brand asked me, out of the blue, which handbags designers I thought sold the best at department stores. For some reason, it was a question I had never quite thought about in those terms before; so many of the most sought-after accessories labels don’t retail through third parties that it’s hard to gauge where the rest of the pack ranks without solid facts and figures in front of me.

We hate to be the bearers of bad news, but this morning, that’s exactly what we have to be. This is the kind of news you want to know as soon as possible, though, so that you have enough time to adjust, make your plans and complete any purchases that you were contemplating.

Anyone who’s opened a high-end fashion magazine in the recent past knows, those types of publications are focused on aesthetics to the near-complete exclusion of practical concerns. Style.com may be known as a website first and a magazine second (check out the print edition, though, it’s pretty fun), but it still follows that same fashion mag edict – form first, function second, if at all.

Yesterday I had the pleasure to tour the newly renovated Salvatore Ferragamo flagship store on Fifth Avenue prior to its official unveiling earlier today. Crafty workers were still busy putting finishing touches on the new decor to have it perfectly presentable for the next morning, but all chaotic last minute touches aside, it was easy to see that the redesign was worthy of a true Fifth Ave flagship.

There is always a heavy dose of absurdity in the world of designer luxury goods. We are talking about materialistic accessories, and what $1,000 is to one person, $1,000,000 is to the next. If you are one of the few people in this world who finds $11,000,000 to be a suitable price tag for the perfect laptop sleeve, then I have quite the treat for you.

Sure, we’ve all joked about snatching a gorgeous, outrageously expensive handbag and running for the hills, but who among us would actually steal something that wasn’t ours? Whether it’s your sense of morality or merely your pragmatic fear of being caught and imprisoned that keeps you from swiping handbags doesn’t really matter; the point is, handbags that cost as much as a car just don’t go missing that often, particularly from stores that employ large, suit-wearing guards who will tackle you into traffic in the middle of the Upper East Side.

The Council of Fashion Designers of America is a great organization – not only does it nurture young American design talent through grants and other programs, but it unites the American fashion industry behind the cause of fabulousness. Every year, the CFDA comes together to honor the creme de la creme américain, and it reserves one CFDA Award in particular for excellence in accessories.

An ad from one of Target’s previous designer collaborations

The fashion industry is always finding new ways to surprise, delight and confuse me (sometimes all at the same time, which might be the case today), but yesterday’s news from Women’s Wear Daily that Target, the suburban bastion of cheap leggings and toilet paper that we all know and love, would soon be moving into the high-end boutique business caught me particularly off guard.

Images via Target

These are the images we’ve been waiting to see for what seems like years (but has actually only been months) – the Jason Wu x Target lookbook is here! And for once, at long last, the handbags that have resulted from this collection aren’t utter crap.

Image via Gawker

We know that Louis Vuitton is willing to sue anyone and everyone in order to make sure that its logo or name isn’t used in any ways of which it doesn’t approve; after all, the company sued Hyundai last year over the brief appearance of a monogrammed basketball in one of its commercials.