Today's Fashion Headlines: Coty Acquires Chanel Beauty, Alexa Chung for Tommy Hilfiger, Neiman Marcus Christmas Book

Coty to Acquire Chanel Beauty In a surprising move, Coty Inc. has announced plans to acquire Chanel Beauty from Bourjois in a deal worth an estimated $239 million. The move gives the French luxury house a 4.2 percent stake in Coty. “I’m not surprised that Coty made an acquisition, as it’s always on the hunt for …

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Today's Fashion Headlines: Tommy Hilfiger Taps Naomi Watts, Kelly Cutrone's New Firm, LVMH & Hermès Agreement

Tommy Hilfiger Partners With Naomi Watts Actress Naomi Watts is the latest global ambassador for Tommy Hilfiger’s limited-edition handbag for Breast Health International. Priced at $299, the bag will be available at tommy.com starting September 25th and in Tommy Hilfiger stores October 1st. $100 from each handbag sold will benefit BHI’s Fund for Living program. …

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Audemars Piguet Sues Tommy Hilfiger

Tommy Hilfiger could be headed to the courthouse soon, because Audemars Piguet is suing the brand on its watch designs. The watch line is accusing the notable label and its licensing partner, Movado Group, of “imitating” its Royal Oak watch. It filed a lawsuit last Tuesday, citing trade dress and trademark infringement. Noting Hilfiger’s Eton watch …

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