Stussy Deluxe and master-piece already worked together last season, and we have to admit that we were not the biggest fans of the all-over print used at the time. The happier we are to present today a first look at their new Spring/Summer 2012 Capsule Collection, featuring some great looking bags. Next to two backpacks, there is also a shoulder bag and there will also be some smaller accessories as part of the collection. Each piece comes in a series of colors, featuring nice premium leather details.

The Stussy Deluxe x master-piece Collection releases on February 25th, so we should be able to give you a more complete preview of the line very soon. (Via honeyee)

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