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Your morning fashion and beauty report: Philip Treacy hats inspire ‘Project Runway.’ Miss Universe costume capers. Chrissie Hynde’s fruitful romance.

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We’ve been on the bandwagon about the return of hats for some time now, and on Thursday night, ‘Project Runway’ jumped on too with a challenge inspired by sublime Philip Treacy headwear. [EW]

The Miss Universe contest will be taped in Las Vegas next week, and maybe it’s the Vegas ultra-glitz, uber-tacky influence but the national costumes the contestants will parade in are causing some flaps back home. A British beefeater wearing wet-look leggings? Miss USA as the presidential seal? Miss Australia in a get-up described as ‘a dingo’s breakfast?’ It won’t be fashion, but at least it should be entertaining. [Telegraph]

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Tommy Hilfiger’s new fragrance brand, Loud, goes in a new direction, based on gritty Gen Y music. [WWD] (Subscription required.)

Rocker Chrissie Hynde’s romance with much, much younger Welsh singer JP Jones inspired songs, an album, a new band and now an eco-friendly clothing line, Fairground Luck, which the two are launching. [WWD]

Ann Taylor, in the midst of a reinvention that Times’ fashion critic Booth Moore explained on Sunday, swung to a profit for the second quarter of this year, with same-store sales up 6.1% after a big loss in the same period last year. The new strategy seems to be working. [Wall Street Journal]

When Mercedes-Benz Fashion Week gets underway in New York on Sept. 9, it will move from the familiar tents at Bryant Park to new digs in Damrosch Park and Lincoln Center. [Wall Street Journal]

Model Miranda Kerr, a.k.a. Mrs. Orlando Bloom, is expecting. What does this have to do with fashion (as opposed to my crush on all things Orlando)? Um, we can expect to see her wearing some cute maternity clothes in the next few months! [StyleList]

-- Susan Denley

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