In general, I like Sofia Coppola's work. The Virgin Suicides was one of the first "art house" films I saw and made it really made me fall in love with the genre. Lost in Translation was undeniable awesome and while the last two were a little questionable, the woman has style in spades.
The Bling Ring is based on the true life story of a group or rich, privileged LA teenagers who are fame obsessed and track celebrity homes so they could break in and steal things. Side note: Paris Hilton was hit several times so maybe we should be thankful to them for that.
As for the movie, Emma Watson sheds her Harry Potter "good girl" image and becomes the bad girl that likes to shake her groove thing and steal. I'm not sure how I feel about the movie overall or really what audience it targets. With Watson involved, it makes me think they are trying to capture the younger crowd, but Coppola's movies are usually a little more edgy than that. The tone of it really reminds of a real life version of Skins. Which reminds me, when is Skins back?!