One of Milan Fashion Week's most highly anticipated events took place Sunday night at the Bulgari Hotel. Beautiful! That’s the word we’re using to describe this collaboration. Oh and, classy. Bulgari has long been searching for a partner who can translate its strong feel of color, design and originality into a handbag collection. And now they’ve finally met their collaborator! The bags are marked with hexagons (very bulgariesque), kaleidoscope prints, maxi jeweled details and incandescent colors. "I wanted to create a particular kaleidoscope drawn from the rich Bulgari heritage in fine jewelry whilst also attaining a modern, contemporary feel," said Williamson. The collection will be available in stores in January 2011, and the prices range from $550 for wallets to $2,200 for the hobo bag.