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Milly will launch handbags and jewelry in January

Milly, the preppy sportswear brand best known for its fun dresses and bright colors, will launch a collection of nautical-inspired handbags and jewelry in January, according to WWD. The bag collection will be mostly leather in shades of coral, navy, green and white with gold hardware, including a signature dangling M charm. Although some of the pieces are fun resort-esque looks, there are also some basic black and brown leather styles, like a tote and a front-flap bag. A 19-piece line in total, expect to find a diverse range of silhouettes and price tags between $250 and $525.

Although Milly has already done small amounts of jewelry before, this new theme features more products than before. Expect to find similar color schemes as the handbags in beads, ropes and charms with gold accents. Prices here range from $85 to $275.

The full line will be debuted in September during Spring 2011 Fashion Week in New York.

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