King Felipe VI, Queen Letizia ascend to Spanish throne
King Juan Carlos of Spain handed over the monarchy to his son on Thursday in a low-key “proclamation ceremony,” followed by a procession through Madrid and an appearance by the new King Felipe VI, Queen Letizia and their two daughters on a balcony at the royal palace and a reception. The new queen wore a cream dress and coat ensemble by one of her favorite Spanish designers, Felipe Varela. [People]
The event was more subdued than, say, the kind of coronation we can imagine when England’s Prince William eventually becomes king, due to circumstances. Juan Carlos abdicated after falling out of favor in Spain and the country has also suffered from a depressed economy. [Daily Beast]
American Apparel’s board of directors suspended President and CEO Dov Charney on Wednesday, the first step in terminating his employment. The board said the action “grew out of an ongoing investigation into alleged misconduct” by Charney, who has faced multiple allegations of sexual harassment over the years. On Thursday, the retailer warned that Charney’s ouster could pitch the company into bankruptcy by triggering defaults on two outstanding loans. [Los Angeles Times]
Kendall Jenner, who has made a splash on designer runways the last couple of seasons, is appearing in her first advertising campaign, for Givenchy. [Cut]
Lupita Nyong’o is on the cover of the July issue of Vogue. It’s the first Vogue cover for the Oscar-winning actress and red-carpet darling. [Vogue]
Japan-based retailer Uniqlo has signed on to be the title sponsor of the International Tennis Federation’s wheelchair tournaments for three years. [WWD]
The Metropolitan Museum of Art announced it will have a retrospective next year on Icelandic singer/musician/artist Bjork. [Wall Street Journal]
Men’s Wearhouse has completed its acquisition of Jos. A. Bank. [WWD]
