There’s always something exciting about seeing an item from a hotly anticipated collection worn by a celebrity for the first time. After obsessively studying the Peter Pilotto for Target lookbook for the last few weeks, actually watching the pieces in motion at last night’s launch party was almost like the fashion equivalent of a unicorn sighting. As in: did that really happen? We assure you, the fête’s red carpet featured some pretty noteworthy It girls wearing the collaboration’s designs. And while Diane Kruger and Alexa Chung could both make a trash bag pass as Chanel couture, it was still pretty awesome seeing the looks on "real" people. Click through above now to see a handful of the launch party’s red carpet shots, including ones of Diane, Alexa, Taylor Schilling and more.