Fashion & Style: We all know the scene- you have that killer holiday party to attend and the thought of wearing your trusty LBD one more time makes you want to OD on eggnog. Well, consider this an early Christmas present... H&M just announced Lanvin will design a fall/holiday collection this year!

An esteemed Parisian design house that is a favorite among Hollywood darlings who love fashion, Lanvin is known for its edgy cuts and modern designs. "I have said in the past that I would never do a mass-market collection," Lanvin's creative director Alber Elbaz said in a statement, "but what intrigued me was the idea of H&M going luxury rather than Lanvin going public."

Lanvin is in good company; Karl Lagerfield, Stella McCartney, Roberto Cavalli and Commes des Garcons have all collaborated with H&M and the results have been fabulous- with some collections selling out in just hours! Mark your calendars fashionistas- The collection will hit stores in November 20.