Sir Phillip Green (who owns the london-based Topshop) and Beyoncé announced Monday the creation of a 50/50 joint venture company called Parkwood Topshop Athletic Ltd. that will sell athletic street-wear brand.

You know what this means (hopefully): Less Lululemon leggings on every woman in the city!

That last bit may actually be wishful thinking, but according to British Vogue, the activewear label will include clothing, footwear and accessories for those who dance, play sports and just workout. Women's Wear Daily reports the line will also have an "ath-leisure side." For example, this means it will be targeted to those women who love to do yoga and those who love to look like they love to do yoga—which is basically every young woman on Earth.

The line is currently unnamed, but we can expect to see it launched in Fall 2015, hopefully just in time for back to school so you ladies can have a new favorite go-to workout outfit to wear to class on those days where you want to put zero effort into your look. And trust and believe this: If Beyoncé's name is on this line, you WILL be looking #flawless in class no matter what.

[h/t Jezebel]