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Rumor Patrol: No Cheaper Line in the Works for Betsey Johnson

12/19/2008 at 03:34 PM ET

She may not be showing at the tents this fashion week, but the dress designer is not hitting main street yet. Despite internet reports that Betsey Johnson is the next designer in line to create a lower-priced line for Target or H&M, a rep for Betsey Johnson tells PEOPLE, “the rumors are false.” We would have loved to see Betsey’s wacky party dresses for the masses, but now we will just have to shop them on sale to fit in our budget.

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