We've always been fans of Coach's iconic Heritage bags, so you can imagine our excitement when we laid eyes on its new Legacy collection at a preview yesterday. The line features the classic satchel, saddle, and tote shapes we know and love, but this time, they're injected with modern twist thanks to bright color combos and chic details like oversize tassels. The Coach Legacy collection also features a covetable array of shoes, clothing, tech accessories — think sleek iPad and phone cases — wallets, and mini camera bags perfect for toting around to your next Summer music festival. Prices are a little more than what you expect from the brand, with smaller bags retailing from $178 to over $1,000, for ones featuring more exotic textiles, but once you take a close look at the supple leather and fine details you'll know why. The Coach Legacy collection, which also includes a men's collection (we spied a couple of backpacks we'd love to "borrow" from the boys), will launch in stores and online on Aug. 12. For now, get a sneak peek of the collection in the slideshow.