Update: Check out the latest Oprah's Favorite Things - Holiday Gifts edition here.

Ladies & Gentlemen, from world's #1 trendsetter - here is Oprah's list of the hottest products for this summer season, revealed today on her show. there is a reason her audience had tears of happiness today on the show, when she revealed to them the list:

Swimsuit: Marimekko at H&M, $14.90/piece

Swimsuit: Old Navy, $24.50/piece

 Norma Kamali "Bill" swimsuit. At $350, it's pricey—but Oprah says she's had hers for 10 years.

  Yummie Tummies come in 10 colors and, unlike other body shapers, are meant to be seen.  Available at Bloomingdales and Neiman Marcus; approximate value $62; 888-YUMMIET; YummieTummie.com

FitFlops (FitFlop WalkStar) $49

BALBOA ROLLING DUFFEL by TOSS DESIGN  $ 180.00