Raf Simons showcases his first collection for Christian Dior in an outstanding Haute Couture show in Paris this week. The former Jil Sander designer managed to attract nine heavyweight designers to watch his show, including top names Marc Jacobs, Alber Elbaz, Donatella Versace, Pierre Cardin and several more. (The Hollywood Reporter)

Tight dresses and bold colors were the dominant styles on the red carpet at the 2012 BET Awards. Beyonce Knowles, who is an inspiring example for the look, walked the carpet wearing a bright yellow satin gown by Stephane Rolland. Beyonce was also one of the big winners of the night, voted Best Female R&B Artist as well as Video Director of the Year. (CBS News)

Carine Roitfeld, the former chief editor of French Vogue, styled three covers for V Magazine’s “Youth Quake Issue” featuring up and coming models such as Kati Nescher and Ava Smith. The issue, due out July 5, will also include a bonus preview of Roitfeld CR Fashion Book magazine which will launch this September. (Styleite)

Following a Mad Men collection, Banana Republic has declared to launch an Anna Karenina inspired Fall collection. Tolstoy’s classic book will be released as a film this November, starring Keira Knightley and Jude Law. (WWD)

Rihanna covers Harper’s Bazaar August issue in a dramatic golden Tom Ford gown from his Fall 2012 collection. This will be the 24-year-old’s first ever cover for the US magazine and by the looks of things, it will probably turn out more successful than her last “big and blonde” US cover for Elle. (The Fash Pack)

Closing our list of fashion highlights for this week, 29-year-old Anja Rubik is launching a new fashion magazine named “25”. The first issue will focus entirely on erotica from a woman’s point of view. For the launch of the new magazine, photographer Barnaby Roper has teamed up with Kanye West to create an interesting artistic short video. Take a look: