I can't think of a better way to celebrate Chinese New Year this weekend than sharing the fabulous Chanel Paris-Shanghai collection with you!  My grandmother grew up in Shanghai during the height of its glory in the 1920's and 1930's, or as she calls it-- the chicest city on earth (other than Paris, she will admit).  Boy does she have great stories of her life as a young Shanghainese socialite (but I'm saving that for my book)!  I'm certain she'd approve of Chanel's beautiful homage to her glorious hometown (great excuse for me to pick up several bags so I can show them to her!)-- starting with the adorable plexi and enamel Chinese doll clutch above.  It's so exquisite and beautifully made that I will most likely have a glass case made to display it, taking it out for only the most special of occasions.  The sparkling sequined classic flap bags below are also very Chinese, we love anything shiny and anything red-- especially for Chinese New Year (I wear red underwear during the entire 2 weeks of celebrations-- sorry, is that too much info?).  The Paris-Shanghai collection is coming soon to a CHANEL boutique near you! This is a special sneak preview for Bag Snob readers, I will have more info for you soon!  Happy "Hu" Year everyone!

If you're looking to make a statement, Jewel Snob has the perfect limited-edition necklace for you!

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This bag registers so high on the style meter, it is redefining the word "chic"--literally. While on my myriad of Pre-Fall 2010 appointments (translation: the clothes that come out in July and August), I stopped in my tracks at YSL, whose accessories bowled me over. The divine chunky wedges aside, I was drawn to this vintage-inspired handbag. Stefano Pilati went military for pre-fall this year and this bag is the perfect complement to epaulettes, wide leg pants and belted jackets. Doesn't this bag look like something your mom carried when she was young? Who else is having a "Brady Bunch" moment? I love the saddle bag-esque shape of this bag and the antiquated hardware. Inside are roomy compartments that expand to accommodate your belongings. The "Y" insignia closure is also incorporated in a way that it's not garish whatsoever. While this bag also comes in suede, I love it in this leather version; it's rigid, durable and completely Marsha, Marsha, Marsha.

Price on request, available at YSL stores in mid-summer, www.ysl.com.

I can't remember the last time I was this excited about a Marc Jacobs bag, by either the diffusion line or the main one! Actually, I've never been excited by a Marc by Marc Jacobs bag. This Leola Hobo is the perfect mix of trendy playfulness and polished design. The zipper has undeniably replaced the studs this season but instead of randomly throwing zippers for the sake of the trend, this design incorporates it in an elegant asymmetrical style. $495 at Neiman Marcus.

Are you heading to Miami for the Superbowl this weekend? Many of my besties are going and I recommended them all to pick up DVF's Nancy totes while they're there (DVF has boutiques in Coral Gables 305-446-4003 and Bal Harbour 305-865-1850)!  Love this tote, it's a chic beachy weekender that can take the beating of sun, surf and sand plus the occasional spilled cocktail yet will still look fresh and chic!   Made of coated canvas with brown leather trim, all you need to finish the look is a hot bikini (also at DVF, it's a one stop shop for me these days!)  Happy weekend everyone!   Diane von Furstenberg Nancy large shopper bag $275

Gerard Darel Flat Jack Santa Fe Messanger Bag $416.50