Nicole Richie has created a handbag for Gwyneth Paltrow's GOOP Collection.

The fashion designer's House of Harlow 1960 have made the 'Addison' handbag, a classic snakeskin clutch in oxblood and teal with a jaguar closure on top for the actress' exclusive designer collaboration range, with the venture ''born out of a personal friendship between Nicole and Gwyneth''.

Nicole says working on the collaboration was a ''wonderful experience''.

She said: ''Creating an exclusive piece for GOOP was a wonderful experience.

''The Addison clutch is a staple in [my] collection and we felt it would be the perfect piece to complement everyone's wardrobe.''

The bag is available on GOOP.com now for $225, as well as items from MiH jeans and rag & bone.

News of the collaboration comes just a few weeks after Nicole launched a line in conjunction with Macy's and she recently said she believes the Macy's Impulse range - which features printed dresses, silky blouses, blazers and leather leggings - are unique pieces which will look great with the right accessories.

She said: ''I love to layer jewellery, so that is how I see it - tons of layered necklaces. In terms of shoes, any style goes! You can dress these pieces up with heels, go casual with boots.

''I design these pieces to be special, so however a woman chooses to wear her hair and make-up is just right.''