Credit: Ian Gavan/Getty

Yipee! After the success of his capsule collection with H&M last summer, the talented designer is finally bringing his brilliant designs to a more affordable level. reports that Williamson is creating a diffusion line as part of a new licensing deal with Mariella Burani Fashion Group. The collection is tentatively being called "Muse by Matthew Williamson" and will debut in fall 2011. No word yet on where the clothes will be available for purchase—check back and we'll keep you posted!