Last year, punk-meets-girlie British designer Luella Bartley was the first to design a collection for Target's GO International campaign, in which high-end designers create lower-priced clothing that sells in stores and online for 90 days.

Since Luella's hit collection, designers Tara Jarmon, Paul & Joe and Behnaz Sarafpour have all taken turns creating equally successful lines.

Next on the list is Proenza Schouler, a male duo of 20-something New York designers. They began their Target reign Feb. 1 with Crayola-colored, city-inspired looks, including red bomber jackets, purple pencil skirts and patterned oxford shirts.

And their bold T-shirts are perfect for layering.

But there's plenty of items for people who tend to wear more neutral colors. Try the blue and white striped miniskirt, the navy blue and black silk empire-waist sleeveless dress or the minimalist, simple gray pencil skirt.

The best part of the whole deal? While Proenza Schouler's high-priced line soars into the hundreds and beyond, these just-as-adorable pieces range from about $15 to $45.

While we're on the subject of collaborations, here's a heads-up of one that's coming this spring — Kate Moss designing for British cheap and chic store Topshop. While this trendy chain hasn't hit the United States yet, it recently made its way online and now is only a click of a button away. So keep your eyes peeled.