Mary-Kate Olsen and Ashley Olsen have been named the most stylish sisters by Vogue and they will be on the cover of the special Best Dressed issue! Strangely enough, Mary-Kate and Ashley have never been on the cover of Vogue, so it’s about time!

The twins beat out other celebrity sisters like: Dakota and Elle Fanning, Kate and Pippa Middleton, Beyonce and Solange Knowles, and Rooney and Kate Mara. We think they deserved to win! While they’ve always been famous, they gained notice for their boho-chic style back in 2004, “We were called eccentric and eclectic…but we were just two California girls trying to dress for the New York winter.” Congrats to Mary-Kate and Ashley!

Via Vogue/posh24.com

Mary Kate and Ashley Olsen pose with French footwear designer Christian Louboutin at Parisian shop Montaigne Market where they launched their new handbags for “The Row” line in Paris, France on September 29, 2011.

The Row has been doing quite well and demand for their alligator backpack has been huge. Sure it has a $39,000 price tag, but that doesn’t seem to stop people. Ashley told reporters, “It was the first thing that sold off the shelf.” MK and Ashley spent a lot of the night hanging with Christian Louboutin, who considers the girls his godchildren

Images via wwd.com

Mary-Kate Olsen and Ashley Olsen attend the Metropolitan Opera’s gala premiere of Rossini’s Le Comte Oryv sponsored by Yves Saint Laurent on Thursday (March 24) in New York City.

The two were dressed head to toe by Yves Saint Laurent for the occasion and are both carrying the Yves Saint Laurent Minaudiere satin clutch.

Image – TheVogueDiaries.com

It’s official. Ashley and Mary-Kate Olsen are real fashion designers. Not only are they nominated for a CFDA award this year, they’re also featured in the April issue of Vogue. If Anna Wintour likes you, you’re definitely in! Of course, that also means you have to do everything she says—including stripping off your eyeliner and going au naturel for a photoshoot.

The Olsen’s spread looks like return to the good old days, when they were still making VHS movies and designing for Walmart. It’s delightfully cheesy, lighthearted and quite refreshing, full of sisterly bonding and smiles. Not that we don’t love the current incarnation of our favorite style twins, but giggles have been in short supply these past few years. Oh, the power of Anna Wintour.

Check out the full spread at Vogue.com.

Mary Kate Olsen looking amazing as usual as she strolled her way on over to the Burberry Prorsum LFW Autumn/Winter 2010 Womenswear show that took place yesterday at the Parade Ground, Chelsea College of Art.

Wondering what gorgeous bag that is she’s toting around? It’s the PS1 Clutch by Proenza Schouler – a special ordered beauty in deep midnight blue Crocodile! I’m not sure of the price of MKO’s version, but I can image in would cost a big chunk of change.

Image: olsensobsessive.net

Mary-Kate Olsen leaves her apartment in the East Village NYC wearing a stunning red coat from Lanvin and carrying the Balenciaga pony hair Weekender in Rouille as she grabbed coffee earlier this week.

Mary-Kate Olsen going somewhere in New York City. I don’t have any info on where she is going or what she is doing, but my goodness, does she have enough bags with her? And not just bags, but expensive, gorgeous and head-turning bags. On her shoulder, an over-sized Chanel Tote and in her hand a Hermes Kelly Bag. I would appreciate said bags even more if Mary-Kate didn’t look like a blond version of the Sesame Street character, Elmo, but MK is apparently a fashionista, so I’ll let her go… while I judge from the comfort of my couch.

What would a Tim Burton tribute be without the Olsen twins? Er…don’t answer that. Nonetheless, the dynamic duo hit up a party celebrating the eccentric director’s MoMA exhibit with twin Hermes handbags – a Birkin and a Kelly (cause the girls are so different, you know). If I were a twin I would avoid carrying the same handbag as my sister, but that’s just me. What do you think?

image: JustJared.buzznet.com

JCPenney has sent out invitations to preview Olsenboye, a new juniors’ collection designed by Mary-Kate and Ashley Olsen for the affordable department store.

Say what you will about the Olsens, but those two are extremely smart businesswomen. The move to a cheaper market seems more strategic than out of necessity; both of the girls’ lines are doing remarkably well. So well, in fact, that they also recently announced their plans to design eyewear as an extension of their high-end line, The Row. In a time when many designers are struggling to even stay afloat, branching out with $390 sunglasses is a sure sign of confidence and financial stability.

While no details have been given regarding the new JCPenney line, it goes without saying that Olsenboye will be affordable and geared toward a less luxurious demographic than that of The Row or Elizabeth & James.

We have no doubt that the collection will be a huge success; the twins are no strangers to budget-friendly teen garb. Remember their WalMart line of yesteryear? The collaboration made the girls – and WalMart – millions and millions of dollars, and that was long before the Olsens had honed their craft.

Now, the new CFDA members have established themselves as designers whose work is sophisticated and stylish. So stylish, in fact, that Bergdorf Goodman CE Jim Gold said of The Row, “I think the way to think about The Row is that it offers the perfect blank — the perfect schoolboy blazer, the perfect leather leggings, the perfect peacoat. So many designers are intent on the next great trend that some of the basics are neglected.”

That’s high praise from an important source!

What’s more, he notes that “to enter the designer apparel arena and build something, that’s significant.” If they can do that, we’re certain they will absolutely KILL it at JCPenney.

We cannot wait to see what they’ve whipped up!!

Article: CocoPerez.com

Whoa, MK! That’s a lot of prints to handle for one outfit, my dear. Mary-Kate Olsen boldly paired her Cobsy-esque Topshop sweater dress with a funky striped Marni purse (note the round handle) and I for one am not feeling it. The handbag isn’t one of Marni’s best, and would really only work with a solid frock. The busy-ness of the sweater dress is just way too much. But hey, to each her own.

Photo from People.com