Reese Witherspoon Is Engaged

[tiImage width=”300″ height=”400″ url=”http://img2.timeinc.net/instyle/images/2010/wrn/122910-reese-witherspoon-300.jpg” credit=”Flynet” align=”right” border=”1″ alt=””]Congrats are in order for Reese Witherspoon, who announced her engagement to Hollywood agent Jim Toth today. Toth, her boyfriend of one year, proposed with a 4-carat diamond ring, People reports. The pair join a growing group of celebrities to become engaged this fall, so there’s bound to be quite a few beautiful brides come 2011! Click through the gallery to see more recently engaged star couples. Plus: Tell us who you’re most excited to see walk down the aisle in the comments.

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Jessica Simpson's Lines Are Close to Hitting $1 Billion Mark

[tiImage width=”300″ height=”400″ url=”http://img2.timeinc.net/instyle/images/2010/wrn/120610-jessica-300.jpg” credit=”Courtesy Photo” align=”left” border=”1″ alt=””]Newly engaged Jessica Simpson has recently been spotted celebrating on both coasts and no wonder—in addition to an upcoming wedding to Eric Johnson, Simpson’s clothing lines have earned an estimated $750+ million this year. Her Jessica Simpson collection line includes jeans, shoes, swimwear, watches and perfume and is expanding to include sportswear in the fall. Experts predict sales will hit a whopping $1 billion next year! The multi-talented star and businesswoman’s album, Happy Christmas, is in stores now.

MORE! Love a bargain? Check out the December Deals and Steals.