Fashion Face-Off! Leonardo DiCaprio Outbids Paris Hilton for Chanel Purse at Cannes Charity Auction (PHOTO)

The Cannes film festival brings the dress drama (as usual) with looks from Karlie Kloss, Cate Blanchett and Emily Blunt. Subscribe now for instant access to over 60 can t-miss looks, only in PEOPLE!

Leonardo DiCaprio: One. Paris Hilton: Zero.

Met Gala 2015: Gisele Bündchen Skips the Gala for Chanel

We’re eagerly awaiting tonight’s parade of gowns at the Metropolitan Museum of Art Costume Institute Gala, but there’s one Met Gala mainstay who won’t be joining this year: supermodel Gisele Bündchen.

From Rihanna's Sporty New Gig to Sexy Supermodel Action Heroes, Here Are the Latest Fashion Ads You Need to See

What We're Buying: Countess Luann de Lesseps’s Sizzling Python Purse

We’re finding it hard to get out of shopping mode after a month of buying amazing gifts, and apparently celebs feel the same way. See the sexy bag Countess Luann de Lesseps recently treated herself to, then see what we ourselves can’t resist right now and share your own top finds in the comments!

What We're Buying: Janelle Monáe's Killer Purse

Watch Cara Delevingne and Pharrell in New Chanel Film Reincarnation (VIDEO)

Cara Delevingne and Pharrell Star in New Chanel Film ... and They Sing Together!

Cara Delevingne and Pharrell star in the latest ad from Chanel and share a duet

Marion Cotillard For Dior, Pharrell Williams Teams Up With Karl Lagerfeld and More of the Buzziest Fashion News You Need to Know

Justin Bieber and Karl Lagerfeld Are Collaborating! Let's Speculate On Their Upcoming Project

Rosie, Gisele and Cara All Have New High-Fashion Gigs: Check 'Em Out!