Celebrity stylists Estee Stanley and Cristina Ehrlich - whose client includes stylish Nicole Richie, Jessica Biel, Penelope Cruz, Jennifer Morrison - announced their collaboration with Coach handbag produser (Coach chairman Reed Krakoff). The private lunch was held in Italian bistro Ago on Friday where Sophia Bush, Mandy Moore, Maria Menounos,  among other Coach toting VIPs showed up in honor of the Coach handbag and Miss Davenport cooperation. The new line of limited edition designer Coach handbag will have two styles: a small evening bag and a large hobo. There are limited Coach handbag are available and the sale are exclusive.