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Must Read: Paris Hilton Goes High-Fashion for 'Paper,' Beyoncé for Topshop Gets Release Date

Plus, Swatch is planning to launch payment watches with Visa.
Photo: Paper magazine

Photo: Paper magazine

These are the stories making headlines in fashion this Monday.

Paris Hilton, Chloë Sevigny cover Paper
Paris Hilton is one of four cover star of Paper's new "Fandemonium" issue, looking more high-fashion than we've ever seen her in Hood by Air, Rick Owens and more. Sevigny, who stars in Tara Subkoff's directorial debut "#Horror," goes full 1976 "Carrie" with her cover, blood-soaked gown and all. The other cover stars: Lucy Hale and Neville Jacobs, dog of Marc. {Paper Magazine}

Gigi Hadid graces the cover of Numéro 
Gigi Hadid fronts Numéro in a sheer lattice bodysuit by Balmain. The 20-year-old was also photographed with Balmain's Olivier Rousteing, who told the magazine, among other things, what kind of child he was: "I was adorable. Ah no, now I think about it, I was fat. But I lost it very quickly." {Numéro}

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Beyoncé and Topshop announce launch date for sportswear-inspired line
About a year ago, Beyoncé and Topshop announced that they were teaming up on a new venture called Parkwood Topshop Atheltic Ltd. And now we know that the sportswear-inspired line will be released in April 2016. Regarding the 50-50 partnership (you go, Bey), Arcadia owner Sir Philip Green stated: "Creating a partnership with Beyoncé, one of the most hardworking and talented people in the world, who spends many hours of her life dancing, rehearsing and training is a unique opportunity to develop this category." {Huffington Post UK}

Susannah Frankel is appointed EIC of AnOther Magazine
Susannah Frankel will begin her new role as editor-in-chief of AnOther Magazine in January. Frankel has been the magazine's fashion features director since its launch in 2001, and most recently also held the role of fashion director at Grazia UK. {WWD}

Swatch will launch contactless payment watches
On Monday, Swatch Group AG announced that it will be rolling out a new "pay-by-the-wrist" watch in partnership with Visa Inc. and Visa Europe in the U.S., Switzerland and Brazil starting in early January 2016. Called the Swatch Bellamy, it will allow Visa cardholders from those countries to pay for transactions anywhere contactless, NFC-based Visa payments are accepted. (The payments won't affect the battery life of the watches.) Otherwise, it functions as a traditional watch — meaning it won't have the attributes or the capabilities of, say, an Apple Watch. [Swatch]