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Alexander Wang Hilary Large ToteThe studded line from Alexander Wang is the most anticipated line of handbags that I can remember since the heyday of the It Bag several years back. Mary-Kate (or was it Ashley?) Olsen showed up around town wearing the line’s satchel a few months ago, and fahionistas everywhere clammered to know who made it and where they could get it. Well, the answer was that they couldn’t get it, and that they’d all have to wait. The line has since inspired wait lists and hype that we haven’t seen in a while, and it makes this bag veteran smile to see it again.

And while we haven’t been able to locate online the satchel that the Olsens made famous, we DO have the Alexander Wang Hilary Large Tote, which I like even better. The widely spaced, nontraditional studs give this bag a totally different, industrial look when compared to your average studded bag by a lesser designer, and Wang continues his tradition of making oddly fabulous purses that I like despite not totally understanding why. He’s one of the most exciting new designers out there, and I can’t wait to see more from his fall line. Buy through ShopBop for $890.