Jason Wu for Target launch party

Actress Blake Lively attends the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Actress Blake Lively, designer Jason Wu and actress Chloe Moretz attend Jason Wu For Target Private Launch Event at Skylight SOHO on Jan. 26, 2012, in New York.

From left, actresses Chloe Moretz and Blake Lively attend the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Designer Jason Wu attends Jason Wu For Target Private Launch Event at Skylight SOHO on Jan. 26, 2012, in New York.

Actress Emmy Rossum attends the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Actress Jaime King attends the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Actress Jamie King and designer Jason Wu attend the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Musician Yelle attends the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Actress Chloe Moretz attends the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Actress Blake Lively and designer Jason Wu attend the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Designer Jason Wu and Chloe Moretz attend Jason Wu For Target Private Launch Event at Skylight SOHO on Jan. 26, 2012, in New York.

Model Shanina Shaik attends the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Gail Simmons attends the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Kelly Bensimon attends the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Sabrina Soto attends the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Harley Newton attends the Jason Wu For Target launch at Skylight SOHO on Jan. 26, 2012, in New York.

Stylist Kate Schelter attends the Jason Wu For Target Private Launch Event at Skylight SOHO on Jan. 26, 2012, in New York.

Target Vice President of Communications Dustee Jenkins, Target Director of Fashion & Design Partnership Brian Robinson, and Target Senior Vice President of Apparel & Accessories Trish Adams attend Jason Wu For Target Private Launch Event at Skylight SOHO on Jan. 26, 2012, in New York.