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In the past year, Demi Moore has put the spotlight on designers like Prabal Gurung and Andrew Gn just by stepping onto red carpets wearing their designs. So when we spotted her at an L.A. book party last night, we had to ask whether she’s made any new designer discoveries lately. “Actually, this was my latest surprise. I had seen the shoes and bags, but I had no idea that Jimmy Choo was doing clothing for H&M,” Moore said of the gray asymmetrical suede dress from the Jimmy Choo for H&M collection (which won’t hit stores until November 14th) she wore for the occasion. “I loved the color and the material. I feel very privileged to get to wear it first.” Whether it’s an emerging talent or an iconic brand, what does Moore look for in a label? “I tend to go towards something that’s more classic with a little bit of an edge,” she explained.

—Bronwyn Barnes and Lindzi Scharf

Jean Paul Gaultier, the edgy British designer who is Creative Director of Hermes and his own namesake collection, is bringing punk-chic to the masses with a line for Target. The third in line to design for Target’s Designer Collaborations series, following in the footsteps of fellow Brit Alexander McQueen and Anna Sui, his collection will be a nod to the “American Women,” according to WWD. And with stylish pop stars like Katy Perry and Rihanna as fans, we’re already predicting some major cheap and chic red carpet moments! JPG for Target debuts March 7, 2010 in 250 stores nationwide, as well as online.

Unless you’ve been living under a rock, red lipstick and recession are R words you’ve been hearing an awful lot. And thanks to Lipstick Queen’s new Fired Up Power Gloss ($14, lipstickqueen.com), there’s a worthy connection between the two. 100% of the profits from the sale of Fired Up (which was inspired by Rosie the Riveter’s signature red lips during World War II) go to Count Me In, a charity devoted to helping women create new jobs. Still need convincing? Nicole Kidman wore another Lipstick Queen product, Red Sinner Matte Lipstick, to the Oscars this year (left)—and clearly, girl knows her red lips.

Reese Witherspoon knows how lucky she is: two healthy children, check, hot boyfriend, check, superstar career, check and check! InStyle‘s November cover girl can’t complain about much, but says the secret to happiness starts with confidence. “As long as you’re comfortable, the best parts of yourself come through no matter what,” she said. For more exclusive secrets behind Reese’s happy glow, check out the November issue of InStyle, on newsstands this week.

MORE! Reese rates her red-carpet looks through the years.

What’s on Hilary Swank‘s agenda, besides learning how to fly for her upcoming role as Amelia Earhart? Saving homeless puppies and kitties! The Oscar-winning actress partnered with Iams Home 4 The Holidays to raise awareness for pet adoption and find loving families for 1.5 million homeless animals this holiday season. And Swank practices what she preaches—her dogs Karoo (a Jack Russell/Corgi mix) and Rumi (a Golden Retriever mix) are both rescues. “I know they’re thankful I’ve adopted them into my family, and I’m just as thankful they’ve adopted me,” said Swank.