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We've long been super-obsessed with Giles Deacon's funny bags—he shows them on the runway with his eponymous collection—which hav previously come in the shape of dinosaurs and fuzzy bug-eyed ball-things. So we were excited to see on Fashionista that the British designer is launching a lower-priced collaboration, which will arrive in stores this August. Sadly, there will be no stuffed-monster/animal-shaped handbags, but at these prices ($99 to $149) we'll take a Giles Deacon cartoon graphic. Cute, no? [Fashionista]