Topshop has just launched its fourth and final fall 2012 collection and we have to admit that we think this one—dubbed the Sensationalist collection—is our favorite. Unlike the first three collections—Scandi Girl, Factory Girl, and Pennsylvania—this one is all about what you should wear when you are heading out at night and it is definitely not for the faint of heart. Classic black mini dresses are embellished with knee-length fringe, sheer tank tops are decorated with gold studs, maxi skirts are made from a barely-there sheer fabric, cropped trousers come in metallic gold, and party dresses are finished in smatterings of gold and silver sequins. Luckily, party season is just around the corner, so you’ll have plenty of time to make use of the collection. To check it out in full, head over to Topshop.com, or click inside for more images.