Inside the Marni for H&M Party

(L-R) Actress Milla Jovovich, Consuelo Castiglioni and actress Drew Barrymore attend the Marni at H&M Collection Launch at Lloyd Wright?s Sowden House on February 17, 2012 in Los Angeles, California. (Getty Images)more pics » Drew Barrymore and Jessica Chastain at the Marni for H&M party. (Getty Images)
Tinseltown's most fashionable flocked to Marni for H&M's LA launch party on Friday. Guests like Winona Ryder, Milla Jovovich and Felicity Jones smiled and posed in head-to-toe Marni for H&M ensembles, and Drew Barrymore gushed about the affordability of the new line.

“I love that it’s accessible and affordable," Drew told reporters. “I mean, bottom line, I want to get a bag of clothes for the price of one garment. That’s what shopping is all about for me."

It's also comforting to know that high-power fashionistas like Freida Pinto shop like us mere mortals. The Slumdog Millionaire actress said, “I wouldn’t go out always and buy a designer dress. But I do shop at H&M, so it’s nice for me to know that I can have an H&M Marni, and not just a Marni—which would burn a hole in my pocket!”

Every piece in the collection is priced under $129. The line hits H&M stores on March 8.

Check out the pictures from the Marni for H&M party:

See Drew Barrymore's lookbook: