Fashion Scoop: Jennifer Hudson To Join Iggy Azalea In Music Video, Isaac Mizrahi Launching Color Cosmetics, and Tory Burch Is Worth More Than $3 Billion.

• This weekend, Iggy Azalea turned up in paparazzi shots while filming a video for her latest single, “Trouble.” Wearing a clearly 70s inspired look that could have had her walking off the set of American Hustle, the rapper is joined by Jennifer Hudson dolled up as a cop. And yes, if you were wondering, that waist is still snatched! (Page Six)

• After 15 years of building a brand that was instrumental in spawning the “athleisure” trend, Chip Wilson has relinquished all of his duties and roles at Lululemon Athletic in addition to selling his stock. The final move to complete the operation was Wilson’s resignation from his chairman seat on Lululemon’s board. Don’t expect him to disappear though. The founder is now focusing his attentions on Kit & Ace a “streweatwear” brand with amazing cashmere separates, founded by his wife and son. (Yahoo Style)

• Though his apparel business hasn’t always done the best, Isaac Mizrahi is somewhat of an industry darling. We really root for him you know? His latest project for us to rally behind: a color cosmetics and skincare line called True Isaac Mizrahi. Debuting on QVC, IsaacMizrahi.com, and Beauty brands, the line compass lip, eye and face products and obviously pulls on his strong color sense. (The Fashion Spot)

• If you still watch America’s Next Top Model, someone in the latest Diesel campaign may look familiar to you. Chantelle Brown-Young appears in the campaign, easy to point out because of her vitiligo, but inspiring of course because she’s still booking gigs! If you’re not a fan of the show, what may stick out to you is the fact that all the models are smiling. Definitely something sort of new for the brooding Diesel brand. (Style)

• While her former husband flounders, Tory Burch’s best form of revenge comes in making more and more little green pieces of paper. While last week it emerged that Chris Burch lost $70 million that he sunk into C. Wonder, Tory’s company is currently valued at $3.5 billion, up a full $1.5 from 2 years ago. And it looks like they are still headed on the up and up from here! (WWD)