FIRST LOOK: PROENZA SCHOULER

Here's a simple fashion equation for you. Jack McCollough + Lazaro Hernandez = Proenza Schouler = effortlessly cool fashion that we fawn over, season after season.

Whether it's spring 2011's mussed-up ladylike chic, or goth-rock from the Fall (including those awesome graffitied jeans), let's just say we're a little bit obsessed. And this time around, the duo has taken their wares south of the border.

The Pre-Fall accessories collection includes a modern take on their signature pieces, like gorgeous PS1 bags in burnt orange shades, caged booties in luxe black leather, along with satchels in rich southwestern-inspired prints with silver hardware. And because it's Proenza, all the items have their trademark downtown vibe.

It's only a matter of time before cool girls like Chloe, Alexa, and Zoe get their hands on these statement pieces. Until then, check out the collection below... and start making your wishlist.