Kendall Jenner, Olivier Rousteing, and Jourdan Dunn in Balmain x H&M (Photo: Instagram)

Kendall Jenner, Jourdan Dunn, and Balmain designer Olivier Rousteing hit the red carpet at the Billboard Music Awards together on Sunday night and delivered some big news while speaking with Giuliana Rancic from E! News: Balmain will be the next designer collaboration with H&M.

The fashion brand, known for its bold designs and “Balmain Army” that includes everyone from Gigi Hadid to Blake Lively, is the latest to partner with the fast-fashion retailer, following in the footsteps of Alexander Wang, Isabel Marant, and Marni.

If you’re a fan of the brand but not quite ready to shell out over $1,000 for a skirt, this is one collaboration you won’t want to miss. The collection is slated to be released November 5, 2015.

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