Lanvin anniversary porcelain dolls.

A Lanvin 120th anniversary porcelain figurine in honor of mothers and daughters. Photo:

Happy Birthday, Lanvin!

The French luxury house is celebrating its impressive 120-years in business and has launched a limited-edition line of porcelain figurines.

Since first teaming with Taiwanese ceramics company Franz a couple years ago, designer Alber Elbaz's porcelain pieces have become something of a collector's item.

Now on its third collaboration, this year's special anniversary designs are an ode to mothers and daughters in honor of the luxury brand's founder, Jeanne Lanvin.

Jeanne dedicated all her collections to her daughter Marguerite. (And here we thought Katie Holmes and Suri Cruise were a close-knit sartorial duo.)

With only 800 editions of each porcelain figurine available worldwide, expect some stiff holiday shopping competition.

But if dropping $531 on a ceramic keepsake isn't figuring into your holiday budget, there are always the more affordable, yet equally stylish (and collectible) Lanvin stamps.