Viktor Horsting and Rolf Snoeren will soon have the accessories market in the bag — literally. Already known for fab shoes, the dynamic Viktor & Rolf duo is launching a collection of handbags this spring with Italian manufacturing company Gibò.

They worked closely together to create the inaugural collection, which boasts five styles in lacquered calf (patent leather), silk satin, lizard, textured kidskin and finely woven raffia. Each was named in the quirky style typical of the designers: Good Evening, Just A Moment, What's Up and I'm Fine.

"Viktor and Rolf named the bags themselves," said Gibò accessories director Marina Pizzuto. "They wanted the names to have a conversation." That they do.

The bags themselves, which come in black, white, brown and pink, each have varying signature Viktor & Rolf touches. What's Up, a rounded-frame piece, is stamped with the Viktor & Rolf seal. The I'm Fine drawstring bucket bag is pulled together by a chain linked with the designer's classic bows. One of the three evening styles, Just A Moment, is a framed number that snaps together with two metal "flowerbombs" from the designers' perfume.

The collection will wholesale from about $600 to $1,000. This is Gibò's first handbag collection since the firm bought Tuscany-based Frassinetti, a factory that has been working with Prada for more than 20 years. The designers have not yet decided whether the bags will appear on their spring runway.

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