H&M Party Essentials Holiday 2012 Lookbook. Get ready to party this Holiday season with H&M’s latest holiday essentials. Many of us are gearing up for the holidays, and that usually means a new outfit or two, or maybe even three if we’re lucky….and if you’re in need of a few new items to introduce to last year’s favorites H&M is here to help. Their latest holiday lookbook features everything you’ll need for the holidays, handbags, tons of accessories to our favorite holiday hue of red, to spicy peplum silhouettes, tons of lace, to even fuzzy adorable sweaters. Look below to see what H&M has in store for us this holiday season.