It’s Oscar weekend, so the style focus will be firmly directed on Hollywood to see who’s wearing what and how they look wearing it. We have news that the gentlemen will be bringing the classic tuxedo style back to the Oscars, leaving behind some of the more non-conformist fashion choices of the past few years. We also have GQ’s pick for best new menswear designer and a famous soccer player is chosen as the new face of a popular fashion line.

Check below for all the latest style news.

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Don’t look now, but the 2011 Academy Awards are but a few days away. So what better time for the Esquire fashion editors to unveil their Style Oscar Winners. And as much as the team were drawn to the sartorial style of a Vincent Cassel or Ryan Gosling, there was no denying their love for the dashing Colin Firth and the exquisitely tailored suits he wore in the critically praised  The King’s Speech.

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Manhattan, New York-based Phillips-Van Heusen, the apparel company that owns brands such as Calvin Klein, Kenneth Cole and Izod, announced Monday that it would acquire Tommy Hilfiger from private-equity firm Apax Partners in a $3 billion buyout deal. Apax acquired Hilfiger in 2006 for $1.6 billion.

The Tommy Hilfiger brand – preppy, lots of color – debuted in 1985 with a clothing line for men, then expanded into shoes, accessories, fragrance and home products for men, women and kids. The Hilfiger brand really shot through the roof in the ’90s, but by the later part of the decade consumer tastes were shifting and Hilfiger was no longer the ‘it’ fashion brand.

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Mercedes Benz Fashion Week 2010 Kicks Off in New York – Fashion week officially launched today in New York, with a full week of new releases by the biggest names in mens style and womens wear.  Each day next week, we’ll be covering the latest news and releases in mens style that matter most to you.  Hit the jump for the full schedule from Fashion Week 2010.  In the mean time, let us know if there’s anything you’d like us to focus on during the week long event.  We’ve got our eyes on a few mens fashion trendsetters, but want to be sure we cover your favorite styles as well.

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There’s light at the end of the tunnel for those who wouldn’t get a flu shot because they hate needles. Dr. Scott Hanlon has found an interesting way to fight the anxiety of getting a vaccine by pairing it with a session of wine tasting. On September 17th from 7 to 9 pm the physician will be the host of the “vaccine and vino” event at the South Loop Wine Cellar on 1442 S. Michigan Ave, where a $40 shot also allows you to taste five different wines — about two glasses. For those who’d worry about the effects, Dr. Julie Morita, medical director for the immunization program at the Chicago Department of Public Health, said that “there’s no medical reason not to have a glass of wine and receive a vaccine”. Sounds like fun, eh? [via ChicagoTribune]

Happy Labor Day, StyleCrave readers.  You’ve earned this Monday off, we hope you spend it happily with friends, family, good food and plenty of fun.  If you’re outside the US and don’t celebrate this one, we wish you were here to enjoy a beer with us.  We’ll be back in action tomorrow, rocking out the great men’s fashion and luxury lifestyle gear that is our staple.  Enjoy your day off, we’ll do our best to do the same!

(image courtesy: voxphoto, via flickr)

American Apparel Ad Banned in the UK – The Advertising Standards Authority in the UK has banned an American Apparel ad due to the depiction of a partially nude underage model.  The American Apparel ad, which ran in Vice Magazine UK, showed the model above in poses with an undone top and partially exposed breasts.  American Apparel countered, however, that the model in the shoot is 23 years of age.

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Can you imagine the feeling of loosing something that dates back to the 18th century? South Korean violinist Hahn-Bin definitely knows. The fellow was riding in a New York cab from the Lincoln Center for the Performing Arts to his Chinatown apartment in lower Manhattan, and somehow managed to forget his Giovanni Francesco Pressenda violin — which is worth a mere $500,000. The instrument was later found through the cab’s GPS tracking device and Hahn-Bin is said to have cried “my baby” when he got his hands on it, again. The 22-year-old violinist is preparing to make his debut at Carnegie Hall in October, so we wonder what safety measures he’ll take for his next taxi ride. [via Luxuo]

Mad Men Emmy Madness – Here at StyleCrave, we love Mad Men.  Apparently, so do the Emmys, who have honored the hit AMC show with 16 nominations.  Actor Jon Hamm has been nominated for Lead Actor in a Drama, and appears to be a shoe in for the award against decent competition from the likes of Hugh Laurie of House and Michael C. Hall of Dexter.  The show Mad Men is especially relevant in the world of mens style, as it’s Madison Avenue throwback fashion has inspired a new sartorial sensibility.  We’re happy to see the show’s continued success, if only for the fact that smoking hot redhead Christina Hendricks will continue to grace the small screen…