Fashion News Roundup: Eddie Borgo's New Collection, Martin+Osa Shuts Down & You Can Smell Like Jennifer Aniston

Precious Cargo: We've spotted more than one leather envelope under an editor's arm in lieu of a bag this season. If Celine and Goyard are too much, or
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Precious Cargo: We've spotted more than one leather envelope under an editor's arm in lieu of a bag this season. If Celine and Goyard are too much, or
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Precious Cargo: We've spotted more than one leather envelope under an editor's arm in lieu of a bag this season. If Celine and Goyard are too much, or too thin, for you, we've recently discovered Phillip Lim's Berry Bag. It's tiny, but looks like it could actually hold your life, and we want one. {3.1 Phillip Lim}

Borgo Borgo Borgo: Diane Pernet chats with Eddie Borgo about his fall collection. The jewelry designer walks us through his showroom and shows off his latest pieces, which were inspired by Beetlejuice and The Nightmare Before Christmas. Ugh, we want every single one! {ASVOF}

Care to Share?: Tommy Ton tweeted something very mysterious last night. We're dying to know what he knows and hope the news lives up to the hype. We've been disappointed too much lately with promises of "earth-shaking" news. {Twitter}

Another One Bites The Dust: American Eagle Outfitters Inc. will close its Martin+Osa brand, shutting down online and all retail operations. The retailer will instead focus its energies on AE, aerie and 77kids. {Market Watch}

Smell Like Jen: Jennifer Aniston might launch her own fragrance later this year. WWD reports that Aniston was shopping for a beauty deal last year. If the deal goes through, Aniston’s scent will be the second celeb fragrance for the Falic Group, which signed Eva Longoria Parker to a deal last year. {WWD}