This Event? Totally Precious

Olsens Go Mass-Market; Mary J. Blige Opens Charity Center With Gucci

• The Olsen twins are launching a new juniors' collection for JC Penney, home of the brands Kimora Lee Simmons, Bisou Bisou, and Charlotte Ronson. It'll be called Olsenboye and is expected in stores this spring. [The Cut]

Emma Watson Has A Clothing Line; Courtney Says "Rodarte Bitches" Are Awesome

• Emma Watson is doing a clothing line with ethical fashion company People Tree. We're still waiting for Mischa Barton's collection, Tree People. [Guardian]

Michael's Moonwalk Glove Under The Hammer; Jil's Uniqlo Line Costs $21

• A rare, left-handed Michael Jackson glove — the one the star wore when he unveiled his moonwalk at Motown's 25th anniversary in 1983 — is to be auctioned in November at the Hard Rock Café in Times Square. [CTV]

Charlize Sits For Vogue; Corinne Day Seriously Ill

• Charlize Theron has nabbed the September cover of a slimmed-down Vogue. The issue counts only 584 pages, compared with the 840 pages of Sienna Miller's 2007 issue. Theron last made the cover in October 2007. [TFS]

Karl Thinks Feminists Are "Ugly"; Posh Spice Gives Up On Armani

• For the September issue of Harper's Bazaar, the magazine interviewed Karl Lagerfeld, speaking as Coco Chanel. In character, the Grand Teuton shared such idiotic reflections as: "I was never a feminist because I was never ugly enough for that." [FWD]

Jackson Family Fashioned In Versace; Kaiser Karl Disses Audrey Tautou

• Michael Jackson's entire family — including the kids — reportedly wore Versace to his memorial service yesterday. The singer was a longtime admirer of Gianni Versace's work, and LaToya Jackson contacted Donatella Versace to arrange for the custom outfits. [InStyle]