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WATCH: Phillip Lim For Target Coming To A Store Near You!

Get ready for another designer collaboration that's sure to cause in-store frenzies: Phillip Lim for Target.

That's right, the New York-based designer is set to release a collection for both men and women this September. As far as these things go, Lim's 100+ offerings seem to up the ante for high-low shopping: He'll be shilling dresses and separates for $20 to $75, bags for under $60 and his trademark leather jackets for -- wait for it -- $250 to $300.

Sound a little pricey for a Target collection? Well, a leather jacket from Lim's 3.1 line could set you back $1850 (if that's any solace). Plus, the mass retailer might just be able to recapture the excitement that surrounded its Prabal Gurung and Missoni collabs with this one -- Lim's New York Fashion Week shows always attract young, buzz-worthy folks like Leigh Lezark and Rashida Jones.

And since Michelle Obama famously stepped out in a Jason Wu for Target frock, perhaps Lim will finally catch the first lady's eye on the discount store's racks. FLOTUS does top his fashion show attendee wish list, after all.

The Phillip Lim for Target collaboration won't hit stores until September 15th, but check out a sneak preview of the collection in the video below. Are you excited? Or is this just another design partnership to add to an ever-growing list?

WATCH:

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