The 3.1 Philip Lim collection for Target is barely off store shelves, and the cheap-and cheerful retailer has already selected its next design partner: Peter Pilotto.

The celebrity favourite, who counts Miranda Kerr, Kristen Stewart and Emma Watson as fans, has been tapped to create nearly 70 items all to sell for under $80. 

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“By working with Target, we’re able to broaden our reach and bring our design aesthetic to an entirely new audience,” said Peter Pilotto in the official press release. “This is a pivotal moment for our brand. Our collection for Target embodies the elegance and spirit of our own line, but makes it accessible to everyone,” added partner Christopher De Vos. 

And that's not the best part. Pilotto patrons who aren't close to a Target store (or who don't want to fight the crowds) can shop from their living rooms courtesy of net-a-porter.com, the exclusive online retailer of the capsule collection. 

The Peter Pilotto for Target collection launches on Feb. 9, 2014.