Everything old is new again. In 2008, Proenza Schouler’s PS1 bag was photographed on Mary-Kate Olsen, Leighton Meester, Kirsten Dunst, Jessica Alba, Dakota Fanning, Reese Witherspoon, Mandy Moore, Emma Roberts, and scores of other stylish women. Now, for Rachel Scott’s second runway show as creative director of the American brand, the PS1 bag is getting a revamp. Introducing: the PS1 Walker, named after Proenza Schouler’s original studio on Walker Street and designed in collaboration with Reed Krakoff.

“The PS1 changed the game, but Walker is for her now,” Scott said in a press release. “As I shape this next chapter for the house, finding the right collaborator mattered as much as the design itself. Reed instinctively knew what to leave alone, which mattered far more to me than reinventing it all. Walker is utilitarian, fluid, tactile, and perfectly restrained.” Mark your calendars: It will be available for pre-order beginning September 19, 2026, on Proenza Schouler’s website, and will arrive in stores and online in January 2027.