Exclusive: Target's Next Designer Collaboration is Calypso St. Barth!

[tiImage width=”623″ height=”400″ url=”http://img2.timeinc.net/instyle/images/2011/wrn/0104110-calypso-623.jpg” credit=”Christopher Peterson/BuzzFoto/FilmMagic; Courtesy of Calypso” align=”center” border=”0″ alt=”Calypso for Target”]

If the Target designer collaborations leave you reeling, than we’ve got good news! Calypso St. Barth, a favorite of celebrities like Jennifer Aniston (pictured above wearing Calypso) and Kate Beckinsale, is confirmed to create a limited-edition collection of fashion and home items for Target, set to launch May 1st in stores and online. “Calypso St. Barth is a renowned global brand with an incredibly loyal following and we think Target’s guests will love the no-fuss, sophisticated appeal of the collection,” Target’s senior vice president of merchandising Trish Adams told us exclusively. While no images are available yet, the collection will include clothing and accessories for women and children, plus home goods like candles, pillows and glassware. “The Calypso St. Barth for Target collection is timed perfectly for summer and offers our guests destination-chic style at incredible prices,” Adams said. While the core Calypso offerings (above) can reach upwards of $800, the label’s Target pieces will be $1.99 to $79.99. T-minus 116 days and counting…

Katy Perry’s Scented Concerts, Snow Damages Post-Holiday Shopping and More!

[tiImage width=”300″ height=”400″ url=”http://img2.timeinc.net/instyle/images/2010/wrn/123010-LTL-300.jpg” credit=”uhr/Agency People Image/SIPA; Stan Honda/AFP/Getty; Courtesy of Styleite.com; Bryan Bedder/Getty; courtesy of Target; Jamie McCarthy/WireImage” align=”right” border=”1″ alt=””]1. Katy Perry wants to create an aroma for the concerts on her upcoming tour. We don’t normally like how stadiums smell, but now, maybe! [CocoPerez]

2. The backlash of a winter wonderland: This week’s Northeast blizzard may have cost retailers touting post-holiday sales upwards of $1 billion. [WWD]

3. Lip art is getting fancy with floral and animal designs. Why let your nails have all the fun? [Styleite]

4. Mary-Kate and Ashley Olsen’s little sister Elizabeth is making her big screen debut at Sundance. Look out! [Elle]

5. Check out the new Splendid Littles collaboration line with Target. The label is loved by Jennifer Garner and Ben Affleck’s daughter Violet. [Racked]

6. Missed Nicki Minaj’s sold-out Pink Friday MAC lipstick? The singer tweeted that it might be re-issued. [Twitter/NickiMinaj]