If the shoe fits: Tamara Mellon of Jimmy Choo fame and H&M's Margareta van den Bosch have a model try on the new Jimmy Choo for H&M shoes. Excuse us while we wipe the drool. Photo courtesy of H&M.

It sounds too good to be true, but thank god, it's not. Joking about affordable Jimmy Choos isn't funny!

Jimmy Choo for H&M shoes and bags will land at 250 H&M stores worldwide starting November 14! Yes, our calendars are already marked.

And from previous turnouts for the fast fashion chain's designer collaborations, an all out frenzy will no doubt ensue. Whatever it takes, get there early! As in days...

In addition to the fabulous accessories Jimmy Choo is famous for, a line of women's apparel for the retailer will also debut. And guys can get in on the action too -- the luxury brand will be launching men's shoes, bags, and accessories as well. This is insane!

Tamara Mellon, founder and president of Jimmy Choo, states: "We are privileged to be among the fashion greats who have been affiliated with H&M, to be designing a collection that will appeal to fashion-savvy, street-smart women and to be including some great pieces for men, too," calling the collection "sophisticated, fashion forward, accessible, [and] glamorous."

H&M echoed the excitement, with its creative advisor, Margareta van den Bosch saying, "We adore Jimmy Choo's shoes and bags. They are glamorous and sexy and add instant style to the simplest of outfits. I like the way we have worked with clothes to accessorize the shoes and bags rather than the other way around."

This is the first time H&M has worked with an accessories brand, and we're betting it won't be the last. Could Manolo Blahnik and Christian Louboutin be far behind?