Now that Balmain has installed a new head designer (Olivier Rousteing replaced Christophe Decarnin last month), the French fashion house, known for its absurdly expensive clothing, is launching a secondary ready-to-wear collection called Pierre Balmain, says WWD.

The line, funded by Italy’s Ittierre SpA, will be designed by a different team than the runway collection, but will have to be OKed by Rousteing and his cohorts. The best news for Balmain fans is that it’s unlikely you’ll see a $1,625 t-shirt in this collection, since Ittierre probably wants to actually sell more than a few outfits. What’s more, there are rumblings that the launch will take place this September in New York. Woohoo! We’ll keep you updated.