SW1 Collection Stiletto and Handbag Photo source: Lucky Mag

We are living in tough economic times, but that’s not stopping Stuart Weitzman, the famed fashion designer known for his signature stilettos, from launching a new collection for Fall 2012.

Clothing lines like Missoni and Versace have molded with the recession by collaborating with chains like Target and H&M.  But there is a demand for higher end shoes, and Weitzman plans to answer that call with the SW1 collection.  The SW1 features handbags as well as his trademark stilettos.

SW1 Collection Stiletto and Handbag Photo Source: Racked

Typically a Weitzman stiletto goes for $300, but his new collection will up the ante with $595 for satin or suede dress shoes, $795 for booties and $995 for boots.  All in all, the collection will feature 50 shoes in leather, satin, suede, metal, natural shells even Swarovski diamonds- so haute.

The handbags in the collection go under three themes.  First theirs a neutral category with light tones, another is exotic python bags and finally day-to-day totes.

Weitzman made headlines with his “million dollar shoe,” a diamond encrusted stiletto reminiscent of something Cinderella would wear.

Source: Racked and The Washington Post