Mary-Kate & Ashley Olsen: Elizabeth and James InStyle Handbag Launch!

Mary-Kate and Ashley Olsen are dressed to the nines at a cocktail party for the launch of their Elizabeth and James Fall 2013 Handbag Collection, also hosted by InStyle, held at the Chateau Marmont on Wednesday (June 19) in West Hollywood, Calif.

The 27-year-old fashion designers were joined at the event by InStyle editor Ariel Foxman and actress Kate Walsh, 45.

Ashley rocked an Elizabeth and James dress with an Elizabeth and James bag, while Mary-Kate chose an Elizabeth and James top and jeans with an Elizabeth and James bag.