Chanel has a new girl in town!

There's a new girl in town & she's replacing Keira Knightly as the new face of Chanel Coco Mademmoiselle. She's 18 year old Emma Watson also know as Hermione Granger from the Harry Potter films. She signed a two-year contract with Chanel valued at $6 milllion US.

Watson has already developed a close association over recent months with the luxury fashion brand, which has dressed her for film premieres and parties. Chanel is expected to officially announce the Coco Mademoiselle deal next month. Guardian.co.uk, Monday June 16 2008-Mark Sweney

Also, another replacement will be of Nicole Kidman with the actress Audrey Tautou, known from films such as Amelie & The Da Vinci Code. Tautou will become the new face of Chanel no.5 in 2009.