Balmain is known for its crazy expensive clothes — think $1,400 t-shirts — so we were stoked to hear that the Parisian brand is set to launch a more affordable collection. Price points are still under wraps, but we do know that the collection, dubbed Pierre Balmain, will be created by a second design team and overseen by Balmain's new head designer, Olivier Rousteing. The official Spring 2012 presentation is expected to show in September, presumably during New York Fashion Week. We're excited, are you?
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