Those of us who have always loved Helmut Lang's soft, drapey jersey but can't bring ourselves to pay $500 for a cotton dress — rejoice! The label just sent out a press release announcing their new diffusion line, HELMUT, which hits stores in May and will continue from season to season. The collection will consist of the label's most popular silhouettes (like those wispy layered maxi skirts, asymmetrical tanks, roomy tees, and leggings), all rendered in machine-washable cotton jersey and ranging in price from $95 to $210. See a sampling of pieces in our slideshow. We'll keep you posted on the exact drop date as soon as more details are announced.