Forget the tote, crossbody, backpack, AND fanny pack: There鈥檚 a new trendy bag in town 鈥 at least if Olivia Palermo鈥檚 newest collab with London designer meli melo is any indicator.

Say hello to the Severine Bucket Bag ($755), the architecturally inspired silhouette from the fashionista and designer Melissa del Bono. Not only is the bag itself structured, with a cylinder shape and a tubed handle, but the gold accents also give a nod to the 鈥渁rchitectural jewelry trend.鈥 What鈥檚 more, the Italian-made calf leather pieces come in six different hues, two of which (Bianca White and Cardinal Burgundy) Palermo created.

鈥淐raftsmanship has always been important to me, and Melissa understands that, which is why working together is seamless,鈥 Palermo said of the collection. According to the brand鈥檚 website, each bag takes about 135 minutes to make, with no less than 28 different components, including the leather, lining, and metal hardware.

The 31-year-old also showed off her new wares on Instagram, writing, 鈥淪o excited to finally share the launch of my two hues for the Severine collection with @melimelobags!鈥

Which color is your fave? Tell us over @BritandCo.

(Photo via Pascal le Segretain/Getty)