Nicola Formichetti has recently launched a luxury handbag collection for Mugler. “Say hi to Naboo ! My first bag collection for Mugler. @muglerlive #mugler” tweeted Nicola Formichetti. The line ranges in price from $1,050 to $18,000 and will be available at Barneys New York, Opening Ceremony, and other select stores starting February. What do you think of?