Fashion news: Britney Spears, Elsa Peretti and Louis Vuitton

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Britney Spears showed up in Austin, Texas, this week for ‘The X Factor’ auditions. Her dress was notable... and was noted..... by, well, many.

The Elsa Peretti heart necklace for Tiffany & Co. is a classic symbol of a relationship that started in 1974. But the designer is rumored to be retiring. [WWD, subscription required]

Some folks have all the fun. Earlier this week, shoppers helped raise $200,000 for P.S. Arts, an organization that brings arts education to under-served public schools. What kind of merchandise was sold? More than 200 designer handbags. And the setting wasn’t bad either--the Beverly Hills home of Shanna and Jon Brooks, which was once owned (and redesigned) by Brad Pitt and Jennifer Anniston. [Society News LA]

Think tiaras are the stuff of a little girl’s childhood? Think again. When the Duchess of Cambridge married her prince last year, she wore one--and her choice inspired replicas. Her grandmother-in-law, the Queen of England, marks her diamond jubilee this year, and diamonds are about to be on display again. And that’s not all. Some of the richest of the rich are ordering ‘bespoke’ tiaras. [WSJ]

And, finally, Louis Vuitton has been named the world’s most valuable luxury brand. [Vogue UK]

--Alice Short

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