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Look who's landed the July '11 cover of British Vogue? Yes it's Chanel favourite Vanessa Paradis. The French model shows off her diamond engagement ring (so it seems she may be finally getting hitched to Johnny Depp - sorry girls!) despite wearing the ring on her finger for over a year now. The couple, who have been together for 12 years and have two children, made no mention of a wedding as they strolled the red carpet in Cannes recently.

For her cover spot on Vogue's "ageless style" issue, Vanessa dons a sequinned muslin jacket by Chanel which is priced at a whopping £23,800. Affordable fashion anyone?