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Marni for H&M on a $200 Budget: Here's What Racked Editors Are Snagging From Today's Launch

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After what has felt like an interminable wait, the Marni for H&M collaboration launches today—which means we can stop with all the lusting, and finally get to the actual shopping. But here's the thing about high-low designer collabs: While the pieces are way less expensive than regular designer garments, they're not exactly dirt cheap, either. If you're not careful, you can end up with a pile of clothes that adds up to a sizable chunk of change. We're speaking from personal experience here. So this time around, we gave ourselves a reasonably generous budget of $200 to stick to. Here's what your Racked editors are hoping to score with it, after the jump.

Our LA Editor is after the brocade top ($79.95). "I saw Sophia Coppola wearing this with the matching pants at the Marni for H&M party in LA and she looked amazing. I mean, she looked like she was wearing pajamas—but fabulous, gold brocade pajamas. I'd wear it with a black skirt or distressed jeans," she told us. On the heels ($99)? "These are amazing. Not too over the top, but with a subtle pop of color. That heel height might kill me though." And the necklace ($49.95): "Okay, this isn't the type of thing you could wear every day but it's really fun. It'd look great with a very simple outfit." (Note to our LA editor: You're $30 over budget, girl friend.)

Our National Editor (that would be me) is seriously into this leather shirt ($149). Personally, I'd rather spend $150 on one big item that I really love and will wear the hell out of than multiple smaller items. With the left over $50, I'm going for the bracelets ($19.95–$29.95) and scarves ($19.95). Any of them—they're all great.

Our Associate Editor, who is actually at the NYC flagship right this very moment, has her eye on the color-block dress ($79.95) and accessories to go with. "The sandals ($59.95) look like actual Marni sandals, and the bracelet ($19.95) is just the right amount of gaudy to complete the look," she said.

Want to play along at home? Create your own Polyvore set with the items you've got your eye on and share it with us. We're dying to see 'em.

· Behold: 50 Printspirational Looks from Marni for H&M [Racked]
· All Marni for H&M coverage [Racked]
· Racked/Polyvore [Official]