The sultry Megan Fox has been named the new face and body of Emporio Armani Underwear and Armani Jeans. The "Jennifer's Body" star replaces Victoria Beckham as the new model for the Italian fashion brand.

Actress Demi Moore and husband Ashton Kutcher were among many of the celebrities who stepped out to help stop slavery forever at the 2009 Freedom Awards to benefit charity Free the Slaves.

U.K. fashion brand French Connection is closing its Japan stores. FCUK bosses will be closing down all 21 of its Japanese stores over the next six to nine months.

The French edition of Vogue magazine has provoked racist controversy after painting a white model black for its photo spread in its October issue.

Pint-sized moguls Mary-Kate and Ashley Olsen are set to launch an eyewear collection. The duo are adding vintage-inspired shades to their luxury label The Row.

Kanye West's fashion line has folded before it was hung. The controversial artist's Pastelle brand has been canceled after he worked on the label for over a year.

Fashion retailers Forever 21 and Trovata have settled their copyright infringement lawsuit, just before their second trial was about to begin.

Alicia Keys has announced the creation of AK Worldwide, which will handle her non-musical and philanthropic works. The R&B songstress will also release a jewelry line as her first venture with the company.

Warner Bros. has partnered with department store Bloomingdale's to celebrate the upcoming 75th anniversary of DC Comics. The retailer will debut brand new shops featuring DC Comics-inspired clothes and accessories this holiday season.

Model Iman looked stunning as she attended The American Ballet Gala in New York on Wednesday. The stars came out in full force to support the arts.

Like daughter, like mother, Lindsay Lohan's equally infamous mother is also getting into fashion. Plans are underway for Dina Lohan to release a range of an inexpensive shoe collection with the company I Love My Shoes.

Multiple Grammy Award winner Gloria Estefans' pendant has been confiscated in a London airport. The "Turn The Beat Around" hitmaker's "Bullets 4 Peace" pendant was taken for safekeeping by the pilot during her flight from London to Milan.