25/10/2011 14:07 BST | Updated 22/05/2015 10:12 BST

Karl Lagerfeld To Launch Affordable Womenswear Label With Net-A-Porter

Karl Lagerfeld to launch Karl collection with Net-a-porter Intoducing Karl by Karl Lagerfeld. Photo:PA

Greetings, fashion fans. We bring you great news. Always resented that Karl Lagerfeld's high street collection for Macy's was only available to buy across the pond? Well now the Kaiser of cool is set to launch a new affordable womenswear collection that WE can snap up - in collaboration with online emporium, Net-A-Porter.

The new label - simply titled 'Karl' - is set to hit the digital rails in January, with prices starting at a purse-pleasing £52, and peaking at a not-completely-outside-the-realms-of-affordable £391. (Yessssssssss!)

"It's my today's taste and style and a reflection of how I think a great number of people would like to be dressed now," Karl told WWD.

"I just want not too expensive clothes that people may like and perhaps want to wear. That was my concept for a long time."

And unsurprisingly, the lovely folk at Net-a-porter are over the moon to be partnering with Natalie Massenet told Vogue. "From the moment we saw the collection we were hooked, and we can't wait to introduce this to a global fashion consumer for whom Karl Lagerfeld is an icon in his own right."

"The collection will speak to every woman who wants a bit of the inimitable fabulous street chic that