Coachella has been a weekend of surprises so far but, from a fashion standpoint, none of them have been as exciting as the announcement that Alexander Wang is teaming up with H&M. Last night, Wang broke the news on his new Instagram account right before H&M's Coachella party, which featured sets by Major Lazer and Diplo and Iggy Azalea, with a video that showed a basketball game clock flickering 11:06. Given that the last designer capsule collection for H&M by Isabel Marant dropped in November, we're guessing that 11:06 is the release date. The real question is will Wang's capsule collection be basketball-themed? He's done basketball shorts before. Stay tuned here for more Wang x H&M news.