Kate Bosworth bundled up in a chunky scarf and oversized beige winter coat, trying to stays warm as she strolls around New York City’s SoHo neighborhood over the weekend. Her whole outfit to me isn’t really anything to praise, but that bag, oh my gosh, her bag is just incredibly fabulous.

That gorgeous piece of arm candy, dangling from Kate’s shoulder, is the Diego by Alexander Wang. Wang is one of fashion newest rising stars. He only recently launched his line in 2004 and is already a household name.