Maison Martin Margiela will create a one-off collection for H&M.
The French fashion house has teamed up with the Swedish high street store to design a special range, which will compromise men's and women's ready-to-wear as well as accessories.
H&M creative advisor Margareta van den Bosch said: "Maison Martin Margiela is one of the most important and influential fashion houses of the past three decades. I am so excited by this radical collaboration which will give fashion lovers around the world the chance to wear special pieces by Maison Martin Margiela. This collaboration will be a great and memorable fashion moment."
A statement from Maison Martin Margiela added: "The democracy of our fashion has always been at the centre of our creativity, and the collaboration with H&M allows us to push this instinct further. We will bring together the contrasting universes of the two houses in ways that will surprise all."
The collection will launch in 230 stores worldwide and online on November 15.
Other labels to have teamed up with H&M include Versace, Marni, Lanvin, Karl Lagerfeld and Stella McCartney.