Milly designer Michelle Smith is taking her flirtatious aesthetic to a whole new level come January with a new handbag collection and revised jewelry line. "I set out . . . with the same philosophy and aesthetic as my ready-to-wear collection: smart, sexy and glamorous . . . a modern sensibility with a vintage vibe," said Smith. The nautical-inspired handbag line, retailing from $250 to $525, will include every bag shape imaginable — totes, clutches, hobos, cross-body, satchels, and framed styles made out of leather and canvas.We're especially excited about Milly's fresh jewelry line, composed of cool navy rope bracelets, seashell-inspired necklaces, and twisted earrings. Prices aren't bad either, ranging from $85 to $275. We're loving it, are you?