Let’s hope for Lindsay Lohan’s sake she has better luck than Jon Gosselin working with the folks over at Ed Hardy.

A source exclusively reveals to us that Linds is in talks with the L.A.-based clothing company to launch a new line of handbags…

“Lindsay and the design team at Ed Hardy have mutual friends, and they knew she was interested in looking for a handbag license and partner,” our source says. “They thought she’d be a good fit and so did she.”

So far, it sounds like the collaboration is running smoothly. “As of last week, there are three collections in development and numerous more are expected,” our source says. “Lindsay is very directly involved with the project, and she’s always pulling things online and from magazines for ideas.”

This isn’t Lohan’s first involvement in the handbag business. In 2007, she was the celeb face of Jill Stuart handbags, and in 2004, she did the same for Dooney & Bourke.

She currently has her own line of leggings, labeled 6126, and self-tanning products called Sevin Nyne. In a less successful venture, she was canned earlier this month by Emanuel Ungaro after serving as its artistic director for just one horribly received collection.

No word yet on when the Lohan-Ed Hardy collaboration will be released.

Source, Fame Pictures

Katherine Heigl is praying for forgiveness! – DListed

Jesse James’ ex-wife calls him a chronic cheater – Pop Eater

Grace Park in a bikini – The Superficial

Reese prepares to join Rob Pattinson at the Circus – Pop Sugar

Corey Monteith scores with Taylor Swift at the bowling alley – ASL

Bar Refaeli’s booty profile – Hollywood Tuna

Jessica Alba gives us shoe envy! – Lainey Gossip

Johnny Depp: No more Mr. Nice guy? – Betty Confidential

Matt Damon leaves a $400 tip! – INO

5 Ways to feel confident & make closer connections!!
Hop into Easter with Lush bath bombs!

Angelina Jolie’s balcony babes – Celebrity Baby Scoop

Dennis Hopper is nearly broke, nearly dead – Celebitchy

Glee is Like A Prayer! – Popbytes

Miley Cyrus is quitting music for movies – Allie Is Wired

Shannen Doherty was emotional on DWTS – Celebrity Smack

Legal woes for Lady Gaga – Hollywire

Hugh Hefner supports Pamela Anderson on DWTS – Amy Grindhouse

GET THE LOOK! Olivia Palermo at Fashion Week – Frugal Fashionistas

How unflattering is this outfit on America Ferrara?!?? – Go Fug Yourself

Brad Pitt’s facial hair finally explained! – SOW

Jennifer Love Hewitt attends the Esprit flagship store opening at Esprit on March 23, 2010 in New York City, NY on March 23, 2010.

Fame Pictures

Fame Pictures

Fame Pictures

Fame Pictures

Fame Pictures