AZZARO has appointed Mathilde Castello Branco as its new creative director. The designer, who previously worked with Alber Elbaz at Lanvin, will unveil her first designs for the French label in January for pre-autumn/winter 2012-13."I don't want fashion to be only for women or only to please men. I want them both to be happy," she told WWD, hinting at her future work for the brand.Branco takes over from Vanessa Seward, an assistant to house founder Loris Azzaro. In addition to Lanvin, the designer also worked at Hermès under Martin Margiela. Azzaro, founded in 1967, has been worn by Raquel Welch, Sophia Loren, Penelope Cruz and Nicole Kidman.French fashion has made the headlines for another reason this morning, as Paris' Champs-Elysées is named Europe's most expensive shopping location - knocking London off the top position. Rent on the iconic street averages at £611.90 per day, compared to £573.75 on London's Bond Street. New York is still the most expensive spot for retailers worldwide.