The right handbag can dress up any outfit. Just ask Nicky Hilton! Paris' little sister was snapped at The Grove restaurant in Los Angeles today with two great accessories. She's got her man of the moment, David Katzenberg and one of her favorite purses, the Balenciaga Motorcycle handbag. Who could ask for anything more?

Nicky played it cool ...

They might have more money than the rest of us, but even Hollywood style icons are tightening their designer belts in the financial crisis. Some of my favorite starlets shared their budget style tips at the recent New York Fashion Week.

Michelle Trachtenberg keeps her quirky style image ...