Back in October, I reported that Mary Kate and Ashley Olsen are starting another venture called Olsenboye, a teen clothing line for JC Penney. According to WWD, Steve Madden Ltd has signed on to create a footwear and accessories collection for the Olsenboye line which will launch November 6th. The Olsenboye footwear line will feature colorful suede flats and canvas sneakers both very casual. The accessories line will include handbags just like this slouched shape, plaid print and acid wash bag above. The collection will soon be available this holiday season at JC Penney and on jcp.com.