Jennifer Lopez may wear the fab fashions of her designer pals, but pretty soon she'll have her own line of clothes -- and they'll be a lot more affordable than the designs she wears!

J.Lo and husband Marc Anthony both announced deals with Kohl's department stores at a press conference today in Los Angeles-- with Jennifer's collection including sportswear, dresses, handbags, jewelry, shoes and sleepwear. (Jennifer, meanwhile, was decked out in Gucci: She wore a Gucci albino side wrap dress with a white leather and gold belt, Gucci python high-heeled sandals, and an assortment of vintage Gucci yellow gold bracelets.)

Marc's collection will include sportswear, dress shirts, neckwear, accessories, suit separates, sportcoats and shoes. Eventually both lines will likely evolve into home goods as well.

"These are really exciting times for us and our family and we are looking forward to collaborating with Kohl's in the creation of a lifestyle brand that represents our true style and the essence of who we are and what we have come to represent as artists," says the couple.

The lines are set to debut Fall 2011.

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