To celebrate their soon to release collaborative collection, Versace and H&M hosted a runway show in New York City last night.

Outfits showcased on the catwalk were of course from the Versace for H&M collection, which brings together different styles from the Versace archive. The long-awaited collection for H&M features such iconic pieces for women as draped metal mesh dresses, silk-crêpe dresses with gold buttons, multi-coloured panel print dresses and the classic Versace studded leather jacket, while for men there are sharp suits, printed sweaters and print shirts, and studded leather jackets and trousers. For women the collection is certainly more interesting, because we do not see a lot of men being able to wear the colorful all over print styles.

Obviously the event was packed with celebrities and Prince actually performed. The collection will go on sale on November 17th, 2011, at about 300 H&M stores. More images from the runway show follow after the jump.