“Katie Holmes joins the ever-expanding living history of Miu Miu inspirations, vital and modern individuals that shape and alter their surroundings through powerful grace,” said the company’s rep.

Katie’s strong bone structure always photographs well and the sepia tone of the ad delivers a cool, vintage feel. Shot by Mert Alas and Marcus Piggott in New York last November, the ads were inspired by Italian director Fellini, and hoped Katie would appear to be a “luminous icon radiating a sense of mystery and theatricality.”

So which dress did the new First lady choose?
Michelle Obama opted for one-of-a-kind,  one shoulder, white Jason Wu gown in ivory silk chiffon with silk organza flowers, Swarovski crystal rhinestones and silver thread embroidery.

The 26 year old, Taiwan-born, New York based Wu has now – overnight — become nothing short of a household name.

The First Lady previously donned one of the designer’s outfits when she appeared on the Barbara Walters’ Special on the year’s most intriguing people episode along with her husband.

The First Lady will also appear on the cover of the March issue of Vogue.

For the upcoming inauguration ceremony on Jan. 20, 2009, fashion designers created amazing sketches of a gown for Michelle Obama. Check out the gowns designed by Betsey Johnson, Badgley Mischka, Monique Lhuillier, Isaac Mizrahi, Carolina Herrera, Karl Lagerfeld (for Chanel), Diane Von Furstenberg, Christian Lacroix, Peter Som and a lot more. So step aside and give it up for Michelle Obama.

My favorite? The stunning black and white gown designed by Oscar de la Renta, but based upon her fashion history, I’m betting she goes with the amethyst Isaac Mizrahi.

Target has just announced that Tracy Feith will be the next designer to have a limited-edition Target GO International line. The GO program, which is designed to offer shoppers reasonably priced fashions created by world-renowned designers, will launch the Feith collaboration at most Target stores nationwide on May 17th. The collection is slated to be available through June 27th.

Feith is Target’s 15th guest designer for Go International (recent designers include Jonathan Saunders, Richard Chai, and Rogan Gregory), and his collection will have about 60 styles — shorts, swimsuits, tops, jackets, pants and dresses ranging in price from $14.99 to $44.99.

One of Feith’s dresses was also worn by Carrie Bradshaw on a Sex and the City episode.

Scarlett Johansson has reportedly signed a deal to be the faces of a Dolce & Gabbana beauty campaign, and according to rumors, images for the campaign have already been shot by Mert Alas and Marcus Piggott.

No one is sure if it’s a campaign for a fragrance or another project but we do know she will join the likes of the sexy Gisele Bundchen and Matthew McConaughey as a face of their beauty products.

Despite this being the designers’ first foray into the world of beauty and make-up, they already have several successful fragrances to their name.

If you’re aiming for a bag in every colors of the rainbow, add this beauty to your wishlist this season: the Medium Suede PS1 bag from Proenza Shouler. Available only in mustard, it’s the perfect bag for the inter season with a suede flap and metal foldover closure in that perfect eye-popping yellow. The bag also features leather straps, handle and removable shoulder strap. At $1,995.00, it may not be a deal, but it is to die for.

If you’re looking for something a little less expensive, try the designer’s PS1 Leather Pouchette in midnight. At $895, the price is much more manageable with the same amount of flair. A leather flap front clutch with metal foldover closure and leather straps is this stunningly deep hue is the perfect addition to any fashion diva’s wishlist.

Check out this ultra-casual and super comfy ribbed shrug sweater from Banana Republic. Made from 100% extra fine merino wool, it promises to be the ultimate in warmth and comfort.

The rounded hemline is flattering on any figure, and the elbow-length sleeves give this cardigan an updated look and a lot of flexibility. Dress it down on the weekends with jeans and boots, or pair it with a frilly blouse for uptown sophistication.

Victoria’s Secret supermodel Karolina Kurkova has been voted the World’s Sexiest Woman by E! television, a mere five months after being bashed as “too fat” to walk the runway. Kurkova, 24, beat out fellow Victoria’s Secret supermodels Adriana Lima, Heidi Klum, Gisele Bündchen, as well as Oscar winner Angelina Jolie.

Kurkova, a leggy 5′11″ Czech supermodel, was recently ranked by Forbes magazine as one of the world’s highest paid models, raking in an estimated $5 million in 2007. Bündchen, 28, topped that list, with estimated 2007 earnings of $35 million.

Supermodel Carol Alt has long been crediting her gorgeous figure to a raw food diet. The 48-year-old Celebrity Apprentice star is set to launch Raw Essentials, a beauty line that she created exclusively for HSN that will make its debut on Dec. 11.

“This diet has reversed my [prognosis] and all I did was be careful about what I put in and on my body. I couldn’t find anything that was clean to apply on my skin so I decided to come out with my own line. Everything I use in the products are in the same form they were in when found in nature, and haven’t been heated to the point where the molecular structure has been changed.”