In a fitting buy, The Weinstein Co. has acquired U.S. rights to French director Jalil Lespert's biopic of famed designer Yves Saint Laurent, The Hollywood Reporter said.

The Wy Productions film stars Pierre Niney as Saint Laurent and Guillaume Gallienne as his longtime business and personal partner Pierre Berge and was co-written by Lespert and Marie Pierre Huster. Lespert's film will be shot in part at the designer’s atelier in Paris.

TWC, which owns Project Runway, is a natural home for the biopic, considering fashion is a favorite subject for Harvey Weinstein. In 2007, he purchased and attempted a revival of Halston, the famed clothing label started by late American designer Roy Halston Frowick in 1968. Weinstein also is married to British designer Georgiana Chapman.

It's not the only Saint Laurent biopic in the works. Director Bertrand Bonello is preparing his own film starring Gaspard Ulliel and Jeremie Renier and produced by Mandarin Cinema. The two projects are not connected.

In January 1958, a 21-year-old Saint Laurent was unexpectedly called upon to oversee the great Paris fashion house established by the recently deceased Christian Dior. All eyes turned to this very young assistant as he presented his first haute couture collection for Dior.

During the highly successful and groundbreaking show, Saint Laurent met Berge, patron of the arts, future love of his life and lifelong business partner. Several years later, they launched the Yves Saint Laurent Co., which became one of the most famous brands in fashion and luxury. Despite his own doubts and demons, Saint Laurent, fostered by Berge, managed to turn the sleepy world of fashion upside down.

Flush from the box-office success of Django Unchained, Silver Linings Playbook and Escape From Planet Earth, the Weinstein Co. has acquired several prominent projects in recent weeks, including the Nicole Kidman starrer Grace of Monaco.