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Yesterday we announced that the rumored new designer Swedish fast fashion retailer, H&M, would be working with was none other than Maison Martin Margiela. At that point, H&M had declined to comment on the whispers, saying quite frankly that they “never comment on rumors.” 

STORY: RUMOR ALERT: Margiela Is The Next Brand To Work With H&M

There’s always some truth when rumors get that big and sure enough, the very next day H&M released a video announcement of their upcoming collaboration with Margiela.

The collection will be for the Holiday 2012 collection and distributed to 230 H&M stores around the world. The official launch will be on November 15th, 2012, so you have plenty of time to start saving to get a piece or three from the collection.

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For now, we don’t have any pictures from the actual collection, however we do have a sketch of one of the pieces that will be included in the collection in the video above. Check it out!