The Super Bowl isn’t the only big thing happening today.  Target released their latest high-end-goes-affordable collection, Jason Wu. The 60-item line, full of sheer tops and pleated skirts, is causing the expected amount of chaos.  Garments have already hit eBay with heavily jacked up prices.  So act fast and act smart. 

Did you hear? Jason Wu is the next designer scheduled to collaborate with Target, and his collection will hit stores February 5, 2012. The '60s-inspired range will include apparel, scarves, and handbags, and prices will vary from $20 to $60 a pop. Since "great designs always start with a sketch," as Wu says in this teaser video, here's a peek at the first look.

● Starting today, Alexander Wang will contribute 10% of all sales made at his new store and online to the Japanese Red Cross for one month. [Hint] ● The Proenza Schouler boys are not happy with Target's PS1 knock-off (above). [NYT] ● Dakota Fanning may be the face of Marc Jacob's new fragrance, "Oh Lola." [Fashionista]

● Thierry Mugler's creative director Nicola Formichetti decked out his muse, Rick "Zombie Boy" Genest in Mugler and pearls for Vogue Homme. [Nicola's Blog] ● Emmanuelle Alt's first Vogue cover is here, with Gisele Bündchen looking fresh and spring-ready in Dolce & Gabbana. [Modelina]

Good news: Target is bringing back 34 looks from their GO International Designer Collection, meaning collaborations with the likes of Rodarte, Zac Posen, and Proenza Schouler! Bad News: Although it features 17 designer collaborations, and yes, some from our favorites, we can't help but feel there's still something to be desired. For one, they're all dresses, which means we'll have to stick to eBay for that Jean Paul Gaultier moto jacket, Mulberry crossbody, and McQ Alexander McQueen anything.

The William Rast for Target collection is set to hit stores on December 19, and if the turnout is anything like last weekend's private shopping event, items will go fast. All styles of the leather jackets were snatched up within a few hours and the WR signature denim was also a big crowd-pleaser. In anticipation of the launch, co-founder Trace Ayala gives BlackBook the scoop on his and Justin Timberlake's big move into "rebelliously priced" retail.

Rachel Pally, most famous for her “caftan” dress, is having a blog raffle! Follow her blog and be entered in a drawing to win a piece from her collection. You can also view the event on Facebook. She’ll keep you posted on upcoming shows, sales, fashion tips, and designs. Such as her newly released exclusive Target dress (pictured), priced at just $79.99. It’s made with her signature jersey fabric and can be worn in four different ways!

Kate Bosworth arrives at Seoul's Incheon International Airport in a Proenza Schouler wool coat with leather elbow patches, paired with a flow-y black dress and lace-up boots. We’re guessing at $2,620, this gorgeous Proenza jacquard coat may be a tad out of your price range. So let’s work a little magic and get Kate’s look while flying clear of the quadruple-digit zone.

Yesterday, images of the full William Rast for Target collection surfaced, and the majority agree that it’s an easy collaboration to swallow. Each piece offers the country vibe that designers Justin Timberlake and Trace Ayala have promoted since the brand's inception, without being too literal. In fact, there really are no risks in this collection, making it even more accessible to fast-fashion consumers looking for brand-name items without compromising their own tastes. For women, the line offers street basics that we already own or are on the hunt for, like leather shorts and jackets, chambray shirts, and silk blouses. Men have some straightforward choices too, like jeans, nylon jackets, and relaxed button-downs.

Whether you're an animal activist of the red-paint-throwing stripe, or just skeezed out by the idea of wearing the latest in chic bunny outerwear, faux fur has become a stylish and ethical way to sport the season's fluffiest trend. Not to mention faux's main selling point: the affordable prices that accompany it.