Jil Sander for $40

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Last week, WWD reported that Jil Sander was spotted at a fabric fair, sparking rumors that the German designer was readying for a comeback after exiting her semi-eponymous label (her real name is Heidemarie Jiline Sander) in 2004.

But those hoping for a return to the runway should instead focus their attention to the racks: Jil Sander's just signed on as a "design consultant" for Uniqlo, the Japanese high street brand known for bright basics and a steady stream of capsule collections from designers like Phillip Lim, Alexander Wang, and now from Jil herself, who'll release her own designs for the company as part of the long-term deal.

No word on exactly when these designs will materialize, but if other megabrands follow in Uniqlo's lead and add value and originality to their own designs, too, we can't wait to see the amazing clothes that'll end up in the hands of everyone.

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