Givenchy has unveiled the recording of actress Liv Tyler singing her own rendition of INXS’s “Need You Tonight” ahead of the launch of new fragrance Very Irrésistible Givenchy Electric Rose.

The track reveals Tyler’s modern take on the 1987 hit by Australian rock band INXS. The accompanying music video will be unleashed prior to the release of Electric Rose — due to reach stores this April.

As well as representing beauty brands including Pantene haircare, Tyler — whose father is Aerosmith frontman Steven Tyler — has modeled for Givenchy since 2003.

French luxury brand Louis Vuitton will open a boutique and jewellery studio on Paris’ Place Vendome this spring and is preparing its first perfume.

“In April we will have our own jewellery workshop and in May will will open our boutique in the same building,” the label’s head Yves Carcelle said.

The project, unveiled in an area of Paris synonymous with luxury, will allow Louis Vuitton to “rejoin the exclusive club of the few jewellers who have their own workshops on the Place” and make the coveted adornments in situ, he said.

Louis Vuitton has confirmed its entrance into the realm of fragrance, with master perfumer Jacques Cavallier-Belletrud heading up the scent development.

The news is significant considering the French fashion house has not marketed any perfumes since the 1920s and ’30s.

It signals another expansion following the brand’s ventures into watches in 2002, fine jewelry in 2004 and eyewear in 2005.

Fendi have released two limited edition versions of their fragrance Fan di Fendi. The first, priced at £120, is a 50ml bottle placed in a leather case with a zipper.

The second luxurious, limited edition is available in a leather coffret. Fan di Fendi is found in a 1 liter size, in a flacon shaped like the classic edition, composed of glass and gold-colored metal forming the logo of the brand.

The holiday edition in a leather coffret, size 1 liter can be obtained at a price of £1,485. An indulgent collector’s piece to please every Fendi aficionado!

Stella McCartney has announced the launch of her latest fragrance, which unusually features truffle as a top note.

Entitled L.I.L.Y, the perfume will launch exclusively in the UK at department store Selfridges January 26 before reaching other retailers February 15.

L.I.L.Y stands for ‘Linda I Love You’, which was the nickname given by Stella McCartney’s father, Sir Paul McCartney, to his late wife Linda.

Repetto is the latest footwear brand to venture into the realm of fragrance, following in the footsteps of Jimmy Choo and Nine West.

Launched in 1947, the French ballet shoe company’s signature ballerina pumps have become eponymous with Parisian chic across the globe, and its more recent developments into handbags and high-end accessories have proven successful.

As the label continues to expand with 22 new stores set to open internationally in 2012, a partnership with fragrance company Inter Parfums, whose other perfume licenses include Burberry, Van Cleef & Arpels and Paul Smith, has been announced.