Fashion News: Katy Perry dating hunky male model, maybe

It doesn't take much to start romantic rumors. And this one comes from Paris Fashion Week, where Katy Perry and Baptiste Giacobini -- reportedly the highest-paid male model in the world -- were seated together at the Chanel show. Though he seems to be having a better time at the show than she does in this picture, later they had dinner and held hands. sources said. [New York Post]

Madonna is teaming with Aldo on a line of footwear that will be available at Macy's and Nordstrom starting in August. [Fashionista]

WWD is reporting that Derek Lam has left his position at Tod's, where he has been creative director since 2006. [WWD] (Subscription required.)

"Fashion Star" debuts on NBC Tuesday night, merging a fashion design competition with the opportunity for viewers to actually buy the goods. [Los Angeles Times]

Billionaire George Soros reportedly is backing a firm that's in talks to extend a credit line to shore up L.A.-based American Apparel. [New York Post]

You never know where fashion designers will pop up these days. Jean Paul Gaultier, for instance, is serving as creative director for Diet Coke -- and appearing in some of its ads doing things such as designing clothes for marionettes. [The Cut]

What would Katniss wear? InStyle reinterprets "The Hunger Games" heroine's style into looks you could wear to, say, work or a dinner date. [InStyle]

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-- Susan Denley

Photo: From left, French model Baptiste Giacobini, Katy Perry, Italian actress Elisa Sednaoui and British actress Kaya Scodelario attend Chanel's presentation of its women's fall-winter ready-to-wear collection during Paris Fashion Week. Credit: Thibault Camus / Associated Press