We can see the stampeding herd now!
Target has announced its latest designer collaboration — it's Phillip Lim!
Hot on the heels of the super successful Prabal Gurung collection, Lim's collab with the retail giant will feature dresses and separates for $20 to $75, handbags for under $60, and of course the designer's renowned leather jackets for $250 to $300.
That's a helluva lot cheaper than the standard $1,850 the jackets usually go for.
The bullseye retailer hasn't released a lookbook yet, but for now you can check out a sneak peek of the collection in the clip (above)!
Will U be lining up for the Phillip Lim collection when it drops September 15th???

Demi Moore was looking damn fine at AFI's Night at the Movies presented by Target in West Hollywood on Wednesday.
The 50-year-old's sheer Valentino jumpsuit gave us a good look at her lace bra, but still managed to be chic and age-appropriate.
Brian Atwood heels, Roger Vivier bag, and Alexandra More and Sorellina jewels completed the seksily sophisticated ensem.
We do have one gripe though — the actress should get a new hairdo!
She's been rocking those boob-length tresses for a very long time now!
A change will do you good, Demi!
[Image via Adriana M. Barraza/WENN.]

Michelle Williams wanted to be formal, but her hair was clearly there to party at the Kate Young for Target launch in New York City Tuesday night.
The actress donned a sheer polka dot top, navy blue sateen shorts and a white blazer with black trim all from the Hollywood stylist's collection.
The outfit was cute, but we're pretty sure everyone was too busy staring at Michelle's Kate Gosselin 'do to notice.
Are U feelin' Michelle's grown out look? Or is it too Jon & Kate Plus 8 for your liking???
[Image via C. Smith/WENN.]

Well this is just all kinds of unfortunate!
Target isn’t usually one to offend their customers, but that’s what happened when they named the color of a plus-sized dress Manatee Gray.
The standard sizing had the exact same dress color, only it was listed as Dark Heather Gray.
One offended customer posted a pic of the dress, pointing out the injustice, and it started making the Internet rounds.
Target's spokeswoman stated:
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Victoria Justice looked like a first grader's work of art on Wednesday — and we love it!
The 20 year old swung by the set of Extra to promote her upcoming summer tour wearing a Prabal Gurung for Target collection top, black rolled up skinnies and black heels.
It's always fun to see celebs wearing some more affordable and accessible pieces, isn't it?
A sleek blowout, clean makeup and neutral accessories kept the rest of her look from competing with her loud print.
Exceptional styling, Victoria!
[Image via RHS/WENN.]
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Carrie lives!
Sarah Jessica Parker is none too thrilled with AnnaSophia Robb's portrayal of a younger Carrie Bradshaw on The Carrie Diaries, which may explain why she donned a signature Carrie outfit on Wednesday night.
To remind us that she will always be the original Sex and the City columnist!
The actress attended the Target in Canada launch in Toronto looking casual but trendy in white jeans, dotted sheer top, and black blazer.
Frothy pink and red flowers on her lapel were unmistakably a nod to Miz Bradshaw.
Remember how much she loved giant floral accents?
Don't worry, SJP — your version of Carrie will always have a special place in our heart!
[Image via Getty Images.]
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We don't know about you, but we are LOVING Blake Lively's newlywed style!
Even more covered up than usual, she's still incredibly gorgeous and seksi!
The actress showed up at the Target in Canada launch in Toronto on Wednesday looking like a bouquet of flowers in her print Roland Mouret dress and beaded Christian Louboutin pumps.
And her joyous smile clearly sent the message that she's truly enjoying her first year of marriage.
Here's to many, many more!
[Image via Getty Images.]