Target and H&M better look out - Banana Republic's collaboration with high end fashion designer L'Wren Scott is giving them a run for their money when it comes to diffusion lines.

The model-turned-designer recently teamed up with the Gap-owned retailer to put out a collection for next month, and oh how I'd like to get my hands on some of those pieces! From a ruffled, floral jumpsuit and lacy, blue little dress to patterned, deep green suit and the perfect New Year's Eve dress, Scott designed something for every woman (more photos after the jump) but yet with an added touch of her sophisticated, high fashion charm.

You can dust off your credit cards for December 5 (wisely launched during the holiday season!).