Hot Headlines: Blake Lively's Chanel Ad Revealed

Today's top buzz in the world of fashion, beauty and entertainment

Blake Lively’s much-anticipated Très Belle Chanel Mademoiselle ad has been revealed —People StyleWatch

Luxury mega-corp LVMH has acquired Bulgari for $2.6 billion —The Cut

Laure de Sade, previously of Isabel Marant, has been named new designer of See by Chloé WWD

Ugg to release a luxury shoe and handbag line —Racked

Fresh off the Lanvin runway, Norwegian model, Siri Tollerod, announces plans to launch her own makeup line —Elle

Kanye West has applied to Central Saint Martins College in London in hopes of gaining a Masters degree in Fashion —MTV UK

Giambattista Valli is now designing ready-to-wear for Longchamp —Fashionologie