Mary Kate and Ashley design luxury handbag range.

Fashionista twins Mary Kate and Ashley Olsen are set to release their new range in luxury handbags.

The collection will be under their already successful fashion label The Row and will consist of nine designs. They will include a day tote, backpack, doctor bag and a shoulder bag made from python and alligator.

The bags will go on sale in August in Barney's department store in New York.

Drawing inspiration from a a whole manner of times and places, Ashley admits to being influenced by changing times and Mary Kate, the repetition with which trends are often back in style.

Some fashion commentators have called these bags timeless. The designs and their designers are able to stand the competative eb and flow of the industry as they carry appeal across the generations - something undervalued by some today.

The girls have high hopes for themselves and want to achieve even more than they have already in their show-biz packed lives.

Recently they fulfilled one of their ambitions to dress Michelle Obama - so the sky is the limit for this talented pair.

FemaleFirst Jenna Fordie

twitter: @Jenna_FAM