Actress Olivia Wilde stars in the new ad for Escada’s Desire Me fragrance.

Via nstperfume

Taking hold this week, a new financial plan for Escada is supposed to help the company out of the dumps; The debt reconstruction plan is the last attempt to save the company from bankruptcy. If the alternative doesn’t work many think the company won’t last past August.

LINKAGE: Fashionista

Looking a little frail but mad elegant (and tall!), Katie Holmes hit the red carpet Tuesday for the German premiere of Valkyrie.

Katie cleaned up in a Morticia Adams-like black jersey v-neck Escada gown — and I’m not a fan of her short hair, but it looks pretty cute here!

Image from Just Jared.