Grace Kelly's granddaughter to be the face of Gucci cosmetics

Grace Kelly's granddaughter to be the face of Gucci cosmetics
Charlotte Casiraghi, shown arriving at a charity event in Monaco, has been chosen as the face of a new Gucci cosmetics line launching in September 2014. (Valery Hache / AFP / Getty Images)

Monaco seems to be having a fashion moment. Over the weekend Louis Vuitton staged its 2015 cruise collection runway show in front of the Prince’s Palace, and Tuesday comes word that Charlotte Casiraghi, the 27-year-old granddaughter of Grace Kelly and princess fifth in line to the throne of Monaco, will be the face of a new Gucci cosmetics collection.

According to the Italian fashion brand's May 20 announcement, the campaign and collection will both launch in  September 2014. It also noted that the print campaign was photographed by Mert Alas and Marcus Piggot and the campaigning includes a digital film directed by Fabien Baron that "capture[s] Casiraghi in a series of stolen moments which bring the spirit of the Gucci Cosmetics collection to life via Casiraghi's mesmerizing beauty and modern allure."

This is not the first time the fashion house and the princess have worked together. Gucci creative director Frida Giannini designed an exclusive equestrian wardrobe for Casiraghi in 2010 to compete in the Global Champions Tour show jumping event, and Casiraghi has appeared in the label's "Forever Now" advertising campaign.

Break out the fine china -- Vogue Editor Anna Wintour is set to host a DNC fundraiser at her New York City townhouse on June 17 with President Obama as the guest of honor, according to Page Six, which says invitations sent to prominent donors put the cost of breaking bread with the duo as high as $32,000. [Page Six] 

Decades' worth of Anjelica Huston's glamorous gowns are up for grabs -- at local luxury vintage boutique Decades. Co-owner Cameron Silver put us on notice that as of May 17 the store had some 150 pieces of clothing and accessories from Huston's closet available for purchase, ranging from $140 pairs of earrings to a $3,800 Valentino Couture sequin ballgown. 

Other designers in the mix include Versace, Giorgio Armani, Michael Kors and Zac Posen. What makes this collection even more interesting is the fact that Huston has worn -- and been photographed wearing many of the pieces at various Oscar and Golden Globe ceremonies over the years. The collection ranges from current pieces all the way back to a Mollie Parnis gown she wore to the Cannes Film Festival in 1974. Jack Nicholson as arm candy not included. [Decades] 

Times fashion critic Booth Moore contributed to this report.