26/10/2011 09:13 BST | Updated 22/05/2015 10:12 BST

Confirmed: H&Amp;M To Collaborate With Versace

donatella-versace Donatella Versace at her men's spring/summer 2012 catwalk show in Milan yesterday. Photo: PA

We don't usually get so excited about things this early in the morning in the MyDaily office, but this latest piece of fashion news has put smiles on all our faces.

H&M have announced that they are set to collaborate with Versace this autumn. Following on from the sell-out success of previous collaborations with the likes of Lanvin, Jimmy Choo and Stella McCartney, Donatella Versace will design an exclusive collection for both the men's and women's ranges, as well as home wear (we want the dinner plate set in every colour).

Donatella herself is excited about her new project too. She said, "I am thrilled to be collaborating with H&M and to have the opportunity of reaching their wide audience. The collection will be quintessential Versace, perfect for H&M and Versace fans everywhere".

The collection will be available in 300 H&M stores from 17 November this year and we've heard there will be plenty of studded leather dresses and killer heels to match. We can't wait. Take a look at the video below to hear more about the news and see the first pictures of the collection!