Watts and the commercial were presented Monday to a Manhattan penthouse full of editors from the U.S. and Europe as part of an effort designed to coincide with Mugler's participation in the "Superheroes" exhibition at the Costume Institute. As part of the program, Palix interviewed Watts, whose next movie, "The International" with Clive Owen, will be released next year. Asked what personal memories she had of the filming of the Angel ad, which was done in Los Angeles, Watts noted that Mugler's design philosophy "is about celebrating a woman's hourglass figure, and my body isn't so hourglass." Watts said she remembers "a lot of people roping me in."

Meanwhile, Chanel said Monday that it signed French actress Audrey Tautou as the newest face for Chanel No.5, confirming a report in WWD on April 16. A TV campaign, which will begin running next year, will be directed by Jean-Pierre Jeunet, who directed Tautou in "Amélie" and "The Long Engagement." This isn't the first time Chanel has tapped a leading lady and her favorite director to create a campaign: Nicole Kidman and Baz Luhrmann teamed up in 2003 for a commercial and print effort starring Kidman, who, incidentally, attended the same acting school in Australia as Watts. — Peter Born

HEADING SOUTH: Grazia is coming to Australia in a joint venture between Hearst Magazines International and ACP Magazines. This partnership is also behind the Australian editions of Cosmopolitan, Harper's Bazaar and Madison. Grazia will launch later this year, with Alison Veness-McGourty as editor in chief. She formerly had the same title at Harper's Bazaar in Australia. — Amy Wicks