Carlos Falchi for Target bags. Faux snakeskin cross-body collage bag, $24.99 (left); Large faux snakeskin shoulder bag, $49.99 (right). Photo: LaForce + Stevens

If you want to snag a handbag from the Carlos Falchi for Target collection, you better mark your calendars for Nov. 1 at 12:01 am. And set your cell phone's alarm while your at it -- these bags are gonna fly!

Known for his exotic skins, vibrant colors and signature collage detailing, Carlos Falchi has translated his luxury line -- which retails for as much at $4,000 a bag -- for the masses with this limited edition collaboration with Target.

The collection, which is crafted from faux snakeskin, ranges from $19.99 for a small collage hobo to $49.99 for a large collage shoulder bag and will be available in Target stores and online.

Other silhouettes, also done in Falchi's python-inspired, tone-on-tone patchwork technique, include flap hobos, messenger bags and a drawstring satchel. The dark and rich palette consists of plum, teal, brown, black and grey.

For other designer collaborations with mass retailers, check out this pairing.