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Your Morning Fashion and Beauty Report: Kate Middleton’s wedding dress goes on display. Nikki Reed shows off engagement ring at MTV Movie Awards.

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The wedding gown Sarah Burton of Alexander McQueen designed for the Duchess of Cambridge (nee Kate Middleton) will be on display this summer at Buckingham Palace. Just one more reason to plan a vacation in Britain! [Telegraph]

‘Twilight: Breaking Dawn’ actress Nikki Reed showed off a brand new sparkler of an engagement ring at Sunday’s MTV Movie Awards. She and her beau, ‘American Idol’ alum Paul McDonald, were all smiles at this turn in their whirlwind romance. [People]

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Diane Von Furstenberg launched her new fragrance, ‘Diane,’ with a party aboard husband Barry Diller’s 300-foot-plus yacht. [Telegraph]

Josie Natori is designing a limited edition of lingerie and loungewear for Target. [WWD] (Subscription required.)

Donna Karan has created the Urban Zen Stephan Weiss Apple Awards to celebrate the life of her late husband, the artist and sculptor Stephan Weiss. The first honorees are President Clinton, Dr. Mehmet Oz and Courtney Ross. [WWD] (Subscription required.)

Serena Williams and OPI have added some new colors to their Grand Slam England nail polish collection. The metallic silver and metallic purple shades will each come packaged with a shimmery silver glitter coat. [StyleList]

Emma Stone, naturally a blond, is a redhead now, getting in on the fun of the hottest color around. [StyleList]

-- Susan Denley

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