Must Read: Remembering Diane Keaton's Style, How Paul Smith's Foundation Strengthens Emerging Brands

These are the stories making headlines in fashion on Tuesday.

Remembering Diane Keaton’s style

Diane Keaton, who died at 79 this weekend, shaped fashion with her own aesthetic. She loved men’s suiting, layers, turtlenecks and bowler hats, which she brought to her breakout role in “Annie Hall.” The Keaton aesthetic was initially sourced from Goodwill stores, and the actor zeroed in on Cary Grant as a role model. All of Keaton’s layers, ironically, gave her freedom because they gave her security, The New York Times‘ Vanessa Friedman writes. {The New York Times/paywalled}

How Paul Smith’s Foundation strengthens emerging brands

Paul Smith’s Foundation teaches emerging designers how to build a viable business. The foundation announced the second group of designers taking part in its Fashion Residency at Studio Smithfield in East London: Masha Popova, Harri, Petra Fagerström, Joyce Bao, Renata Brenha and Eden Tan. Those taking part in the Paul Smith Fashion Residency receive free studio space in central London for 18 months, and more than 60 hours of tailored business mentoring, covering everything from legal and finance to communications and production. {Vogue Business/paywalled}

Ulta launches UB Marketplace

Ulta Beauty launched a digital marketplace called the UB Marketplace. Ulta’s team hopes to boost its online business by offering thousands of new products from emerging brands and categories without the consumer recognizing any difference in the online or app shopping experiences. For the consumer, the only differentiator for marketplace items is a line of copy on the product page that reads “Fulfilled by a trusted brand on UB Marketplace.” Brands can apply to sell their own products on the UB Marketplace online for 18% commission plus shipping. {Glossy/paywalled}

Target collaborates with Woolrich

Target is partnering with Woolrich on a limited-time collection of more than 100 items spanning men’s and women’s apparel and accessories, home, outdoor gear, food and beverage. The collection leans into the growing urban adventure trend. Prices start at $2, and most items are priced under $40. The collaboration will be available on Oct. 18 on target.com and in most Target stores. See the collection’s lookbook, above. {Fashionista inbox}

Fashionphile acquires Luxe Collective

Fashionphile has acquired Luxe Collective, marking its official entry into the U.K. and European markets. Financial terms of the deal were not disclosed, but it includes Luxe Collective’s intellectual property, customer data and social media accounts. “This acquisition allows us to combine Luxe Collective’s cultural relevance and strong community with Fashionphile’s scale, technology and authentication expertise,” Fashionphile’s co-founder and CEO Ben Hemminger told WWD. {WWD/paywalled}

BNTO secures $15 million in funding

After securing $15 million in series A funding earlier this year, BNTO has debuted an AI styling agent. BNTO allows subscribers to select six styles to curate their own BNTO box starting at $98 each month. The aim is to avoid fast-fashion waste, conserve closet space and reduce laundry. BNTO’s new AI styling agent, “Maya,” offers subscribers the option to purchase their favorite styles at dynamically priced discounts. Knowing many shoppers enjoy thrifting and hauls, the platform is meant to offer affordability and sustainability. {WWD/paywalled}

EU antitrust watchdog fines Gucci, Chloé and Loewe

Gucci, Chloé and Loewe have been fined a total of €157 million ($182 million) by the European Union’s antitrust watchdog for fixing the resale prices of their retail partners. Gucci was fined €119.7 million, Chloé €19.7 million and Loewe €18 million. “The three fashion companies interfered with their retailers’ commercial strategies by imposing restrictions on them, such as requiring them to not deviate from recommended retail prices; maximum discounts rates; and specific periods for sales,” the European Commission said in a statement on Tuesday. {Reuters}

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Source: Fashionista.com