If you just invested in a statement accessory — say, for example, Olivia Palermo's Fendi Peekaboo bag [1] — you'll likely want to show it off right away. We don't blame you, we only suggest you take a few notes from the style icon [2] and form the perfect look. Olivia stepped out in New York City in a very simple foundation: a black sweater, denim skinnies, and simple flats [3].

While her tortoise mirrored sunglasses and engagement ring made for a quick flash, it was the candy-like strap on her designer handbag, along with the much-coveted furry Fendi bug, that kept things playful and light. Of course, you can embellish your own black satchel with any of these add-ons, then follow suit when you're out on the town. Read on to get inspired, then shop for the season's new essentials.

Related:

• Olivia Palermo Can't Tuck Away This Style Secret — We've Got It All Figured Out [4]
• 15 Times Olivia Palermo and Blair Waldorf Basically Wore the Same Thing [5]
• 18 Times Olivia Palermo Was Our Style Soul Sister [6]