She’s been a favourite of luxury lingerie label Victoria’s Secret for a while now, but finally, British model Rosie Huntington-Whiteley has been made an official Victoria’s Secret Angel.

Following in the footsteps of Gisele Bundchen, Tyra Banks and Heidi Klum – who will be back on the Victoria’s Secret catwalk to presenting its annual fashion show next Thursday – Rosie joins Chanel Iman, Candice Swanepoel, Emanuela DiPaula and Lindsay Ellingson in this years Angel intake as the only British Angel.

“I’m very happy and proud to have been flying the flag for Britain at Victoria’s Secret for nearly four years now,” Rosie – who scooped best model at this year’s Elle Style awards – told Vogue UK.

The Angel wings have shot models to a new level of success in the past, so we’re expecting Rosie to be flying high for a while.

Forget knights in shining armour, the daughter-in-law of billionaire steel tycoon Lakshmi Mittal has won the bid for Escada for an undisclosed sum.

We reported earlier in the week that a bidding battle had broken out for the falling fashion house, and that Sven Ley, son of Escada founder Wolfgang Ley, had confirmed a bid to bring Escada back from the deep.

But Ley and co. were outbid by the shrewd 33-year-old Megha Mittal, who has been looking to invest in the fashion industry for the last year and had previously shown an interest in Gianfranco Ferre.

Escada’s management and the new owner “have agreed to cooperate on the basis of the business strategy launched in mid-2008 securing continuity of the operative business,” fashionologie reports.

Mittal will apparently support Escada CEO Bruno Saelzer in bringing Escada away from its eveningwear legacy of the past to a more accessible ready-to-wear collection.

Good news, at last! We’re looking forward to Escada’s future offerings.

After rumours circulated this week as to whether Georgia May Jagger will model for Versace, it’s just been confirmed that the young model will be the face of the Italian fashion house’s S/S10 campaign.

The 17-year-old daughter of rock legend Mick Jagger and world-renowned model Jerry Hall will replace Gisele Bundchen – who can currently be seen in Versace adverts alongside Paul Sculfor – as the face of the luxury label.

Georgia May, who bears a resounding resemblance to her famous folks, is currently the face of Hudson Jeans and Rimmel London. Modelling for Versace must run in the family – her mum, Jerry Hall, also modelled for the Italian fashion house more than 20 years ago.

“We are delighted that Georgia is following in the footsteps of her mother, who did Versace with Avedon,” Georgia’s agent told Grazia this morning saying. “She was thrilled to be working with Donatella and Mario and to be bringing it through to a new generation.”

And she’s only 17? We said this girl would be one to watch.

David Koma’s been the talk of the town this week after Cheryl Cole debuted his designs on Saturday night’s X Factor, and now tongues are set to wag even more: Beyonce has been spotted wearing the same dress.

At last night’s MTV Europe Music Awards in Berlin, Beyonce wore a David Koma number which was remarkably similar to the one Ms. Cole was wearing last week, featuring the new designer’s signature metal piping snaking around the bodice.

The reaction was a bit of a mixed bag – apparently a few comments were made after the show that it looked like rubbish bin lids, and others said the piping looked like hubcaps, the Daily Mail reported.

Our verdict? Sorry Cheryl, we think the dress looks better on Beyonce, what with the the fierce armoured Thierry Mugler designs she wore for her latest tour and all.

David Koma must be pretty excited with all the recent buzz over his designs – the Georgian-born designer has only just graduated from London’s legendary Central Saint Martin’s – and with Cheryl and Beyonce both supporting the young talent, we’re predicting a bright future ahead.

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Get a load of this: it’s just been announced that fashion designer Isaac Mizrahi is set to host his own show on QVC called Isaac Mizrahi LIVE, which, coincidently is the name of his new range that he will be selling.

The outlandish designer will premiere his new collection, which ranges from handbags to cheesecakes, and, er, even kettles, on 4th December.

Apparently the show will step away from the conventions of traditional shopping channels, as Isaac Mizrahi LIVE gives us an insight into the weird and wacky lifestyle of Mizrahi himself, with a little bit of pitching thrown in for good measure, of course. Well, he’s already taught us how to have style.

The Brooklyn born designer is involved in his products from start to finish and has made it clear he doesn’t want to be only known as Isaac Mizrahi the ‘fashion designer’.

He told WWD, “I love my product. I believe in my product. If I do plates, if I do bedding, which I did, if I render cookies, I do it in the same way that I think about a couture dress.”

Hmm, cookies and couture…has someone been nosing in on our dreams?

We’d forgive you for thinking we have a bit of a crush on V magazine at the moment – we do.

Its November issue is jam packed with exclusive interviews and fashion shoots of some seriously stylish girls – and now, well now we’ve seen the cover.

As if Dree Hemingway, Alexa Chung, Miranda Kerr and Charlotte Gainsbourg isn’t enough, November’s issue stars the amazingly beautiful actress Natalie Portman, who is also the cover girl of this month’s issue.

We’ve always had a soft spot for the Hollywood actress.

Shot in London by legendary fashion photographer Mario Testino, Natalie – who is starring in this season’s war blockbuster ‘Brothers’ – looks seriously sexy wearing Calvin Klein and customised crystallised Swarovski shoulder pads by Keko Halnswheeler, among many other gorgeous pieces.

We wish we could pull of the androgynous styling and pompadour hair like the 28-year-old. Not that we’re jealous, or anything…

See the full feature with Natalie Portman in this month’s V magazine, which hit the shelves Tuesday, or visit www.vmagazine.com

We’ve always got our eye on what Michelle Obama’s wearing, and she hasn’t disappointed us with this one.

Visiting the Veteteran’s Administration Medical Center in New York, Michelle was spotted in none other than up and coming London based designer Peter Pilotto.

Wearing his Tiger red tie top from the A/W09 collection, Ms. Obama’s certainly stamping her fashion credentials all over the shop (as if we didn’t know she had any already). Earlier in the year she was praised by the CFDA for her “meteoric rise as a fashion icon.”

Peter Pilotto, who is known for his avant-garde womenswear with elegant draping, wrapping and vibrant prints, is a great choice for the First Lady – sleek, stylish and fashion forward without being try-hard.

We think she looks great, as always. We wonder what Peter Pilotto makes of all this, it’s a pretty big step up for the relatively new designer – and now Michelle Obama’s been spotted in his designs, we predict he’ll have a bit of a following…