Matsu

What's the use of having disposable income if you go and blow it on disposable style? For accoutrements with staying power—and that won't show up on Bluefly three weeks later—look to Matsu, where owner Dava Muramatsu has been growing and refining her accessories collection for years. In a season of understated dressing, her look-at-me handbags, jewelry, and hats make everything around them pop. Leather and embellished totes by Jamin Puech and M0851 are works of art, while mixed-metal jewelry by Heather Moore, Chan Luu, and Ten Thousand Things are far sounder investments than a statement necklace with an expiration date. RUNNERS-UP: Barneys New York, Stil LAST YEAR: Barneys New York