Karl Lagerfeld fans will be thrilled to hear that he's designing a capsule collection for Macy's beginning at the end of August. According to WWD, Lagerfeld has reportedly incorporated his signature style into his one-off collection for Macy's, including some high-collared pieces as well as edgier, rock 'n' roll looks. All the items will be at Macy's price points, in the moderate to better range. Chanel-inspired looks at Macy's price points? We couldn't be more excited.Also planned is a capsule collection by Giambattista Valli in November.