Versace for H&M Launch Party, a Tropical Wonderland of Glitz and Glamor [PHOTOS]

Donatella Versace sure knows how to throw a party.

For the launch of her Versace for H&M collection, Donatella brought stars out in droves to join her in a tropical wonderland of her own creation.

Celebrities including Blake Lively (who was said to be the main attraction of the night), Ke$ha, Jessica Alba, Emma Roberts, and Selma Blair joined Donatella in New York to celebrate her luxe-for-less line at the Swedish high street chain.

Women's Wear Daily, Fashionista.com, Nylon, and Harper's Bazaar editor Derek Blasberg were some of the fashion editors and bloggers who tweeted live from the event, rife with excitement and dizzy on color.

Derek Blasberg posted: Favorite people at Versace for H+M show: @iamMarkRonson in a pink suit off the runway and Linda Evangelista. Because its Linda Evangelista.

First, stars posed on the palm tree-lined black carpet. Then everyone sat down for the show, which displayed the entire collection to debut in H&M stores Nov. 19.

The line is a throwback to the over-the-top, iconic Versace of the monied-1990s, with loud colors and even louder prints.

Some favorites from the collection? A studded leather sheath dress and a candy apple red men's suit.

After the runway fete, Nicki Minaj and Prince performed at the after party.

Nicki Minaj wore a palm tree in her hair and Prince played some of his biggest hits, like Purple Rain, in the midst of a neon light show.

Nylon magazine posted: At the end of @nickiminaj concert we are screaming!!! Next PRINCE!

Finally, after Prince's set finished, attendees were able to start shopping. Prince finished his set at 1213am, and the Versace for H+M sale is finally on. Drunk ladies, get your credit cards out! posted Blasberg.

The night was not only a celebration of Versace, but also a celebration of the fashion capital of the world -- New York.

It was the perfect evening, so glamorous and special, said Donatella Vesace.

I loved celebrating the launch of Versace for H&M here in New York, an iconic city in which to showcase this iconic collection. Now I cannot wait for it to finally reach stores and be available to the world.