THE FIRST PHOTO OF LANVIN FOR H&M, VIA VOGUE FRANCE.

We've been speculating about what a Lanvin for H&M diffusion line will look like ever since the collaboration was confirmed early last month—but H&M has been tight-lipped and frustratingly photo-shy about the collection ever since. Until now! French Vogue has premiered the first image, featuring models (l-r) Hannelore Knuts, Jane Schmitt, Tati Collitar, and Natasha Poly. Alber Elbaz's designs look, in a word, excellent—beautifully feminine, edgy without being too weird for mass-market, and not as cheap-looking as some designer collaborations we've seen. Some have rightly pointed out that all four of the designs recall recent Lanvin runway looks (pre-fall 2009, spring 2009, and fall 2008), which actually makes a lot of sense for a diffusion line: shoppers can be assured their choices will "look" Lanvin, while Elbaz can save his new ideas for next season's runway collection.