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On the verge of staging her first New York Fashion Week presentation, Katie Holmes has been named the new face of Bobbi Brown cosmetics. WWD has a lengthy interview with the actress and designer, who will not only be the face of the brand but will also act as "muse and a full-blown collaborator." John Demsey, the pres of Estée Lauder, said that the press that surrounds Holmes because of her divorce with Tom Cruise provides "a significant opportunity" for exposure for Bobbi Brown. [WWD]