I have a feeling I know where Santa will be shopping this year… Early this morning news broke that Target and Neiman Marcus, two retailers that share a commitment to incredible design and innovative retail experiences, but at (often) vastly different price points are joining forces this holiday season to create a collection of limited-edition gift items. The two retailers have recruited a total of 24 notable American designers (see list above and below) to collaborate on this unprecedented shopping partnership.

All 50-plus items will become available for sale on December 1, at Neiman Marcus stores, Target stores, NeimanMarcus.com and Target.com. The entire collection, including items for women, men, children and home (including sporting goods, pet accessories, and accessories for electronics), will be housed within a dedicated space in every store. And each item will be offered at the same price point at both retailers. Prices range from $7.99 to $499.99, with most items under $60. No matter where you’re holiday shopping takes you’ll, I predict many of us will have a little bit of Target/Neiman Marcus under our tree this year!

The list of designers includes:

Alice + Olivia
Altuzarra
Band of Outsiders
Brian Atwood
Carolina Herrera
Derek Lam
Diane von Furstenberg
Eddie Borgo
Jason Wu
Judith Leiber
Lela Rose
Marchesa
Marc Jacobs
Oscar de la Renta
Philip Crangi
Prabal Gurung
Proenza Schouler
Rag & Bone
Robert Rodriguez
Rodarte
Skaist- Taylor
Thom Browne
Tory Burch
Tracy Reese