Rejoice: Diane Kruger has announced an upcoming collaboration with New York based designer Jason Wu.

The actress – who is often seen wowing on the red carpets in Wu's creations – confirmed to ELLE US that she will be releasing the Diane bag, which she has created in conjunction with her designer BFF, later this year. Nice work if you can get it, hey?This latest development puts her in the auspicious club of stars including Jane Birkin, Grace Kelly and Alex Chung who have had bags named in their honour.

No further details of the bag have been released yet, but we are sure it will be befitting of a style icon.

Diane Kruger face of Chanel Beauty.

Celebrity Style file: Diane Kruger.