COUTURE COLLABORATIONS: After cocreating an elaborate jeweled dress to benefit amfAR during the Cannes Film Festival, designer Alberta Ferretti and Caroline Gruosi-Scheufele, Chopard’s co-president and creative director, have joined forces again. This time, they have designed a white gold and diamond watch embellished with drop diamonds circling the case and a satin bracelet. The couture piece will be presented during the opening evening of the Venice Film Festival on Aug. 27 and will be worn by a celebrity whose identity is being kept under wraps. The watch will auctioned at the Golden Globes amfAR event on Jan. 11.

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