NEW YORK - OCTOBER 24: Alber Elbaz and Chanel Iman attend a pre-party celebration for New York's Night of Stars' honorees Howard Socol and Alber Elbaz hosted by Iman and Barneys on October 24, 2007 in New York City. (Photo by Andrew H. Walker/Getty Images)

Update:

WWD confirmed the collaboration! The H&M + Lanvin collection is set to hit the stores Nov 23. Until then, on Nov. 2 we’ll get to see the collection via a film on H&M’s website.

Previously:

I am literally praying to collaboration gods right now. WWD reports this morning that H&M’s annual holiday designer collaboration is most likely Lanvin’s Alber Elbaz. Of course nothing is confirmed, but the announcement is expected to be made next week.