A headband assembly includes a lower band element and an upper band element. The lower band element has upstanding flanges that define a cavity to provide for storage of personal items such as eyeglasses, lipstick, lip balm, etc., and the flanges include a plurality of reliefs or notches therein for making the lower band flexible. The upper band element pivots with respect to the lower element and includes a lock mechanism. The lower band element also includes a plurality of coupling members in the form of rows of rod-shaped bar members for receiving and coupling with a clip. The clip member may be coupled to a hair accessory which may include any known or appropriate accessory. The coupling members are integrated in the lower band on the front and back sides of the upstanding flanges as well as on the bottom surface of the lower band to provide greater flexibility and accessorizing options. The ornamental designs of the headband, eyeglass frame, and clips are also disclosed.