Hollywood beauty MEGAN FOX is reportedly set to replace BEYONCE KNOWLES as the face of Armani – starring in a new fragrance and fashion campaign.

Beyonce was signed up to promote the brand’s fragrance Emporio Armani Diamonds in 2007 and appeared in a major publicity drive for the scent.

But bosses at the fashion house have now lined up her replacement – Transformers star Fox – who will take over promotion of the perfume line and a new clothing collection, according to Fashionologie.com.