...and Kristen Stewart has weird orange hair.

Plus, much more Cara Delevingne news -- happy Friday!

TGIF, fashion bunnies! Let's finish up another work week with a little fashion news, shall we? Proceed.

This Friday, Naomi Watts will hit the big screen as Diana, Princess of Wales in Oliver Hirschbiegel's biopic Diana. And in it, she wears some pretty eye-catching, and perhaps familiar, dresses.

We really can't blame Victoria Beckham for gawking at husband David Beckham's perfectly toned derrière while he sprinted across a London rooftop in briefs and a tank-top for his new H&M campaign--10 minutes have passed and we're still staring. {Look UK} Taylor Swift managed to stay super upbeat during her 10 hour shoot for Diet Coke. Maybe it's because she listened to her own music? {Bernstein & Andriulli} Banana Republic is parting ways with the brand's Executive Vice President of Design and Creative Director, Simon Kneen. {WWD subscription required}

Sixteen years after her tragic death, Prince George's grandmother, Princess Diana, is still making headlines. Here she is covering Vanity Fair's September issue. {Vanity Fair} Heidi Klum actually gets to say more in her native tongue than auf wiedersehen! in her new ad for a German mascara. {HuffPo} Penelope Cruz is making her directorial debut in a short film for L'Agent, the Agent Provocateur line she designed with her sister Mónica, starring both her super-pregnant sister and husband. {WWD} Victoria Beckham says she has a new Victoria, Victoria Beckham girl. Is she anything like the Victoria Beckham girl? Has Victoria Beckham become the Victoria, Victoria Beckham girl? Is anyone confused? {Grazia}

82-year-old Carmen Dell'Orefice graces the cover of You magazine. In the accompanying story Dell'Orefice says she's scored more covers in the last 15 years than she had "in all the years before that." YES. {Design Scene} Karl Lagerfeld designed rooms (not furniture) for fast-furniture company, which is apparently like an IKEA-Best Buy hybrid. Is there any industry Karl hasn't touched? {WWD} New York Knick Amar’e Stoudemire blazed through his wedding reception in a custom red Lanvin suit to give his wedding a regal feel. We think he succeeded. {T Magazine}

Gisele shows us why she doesn't need retouching on the June 2013 cover of Vogue Brazil, lensed by longtime friend Mario Testino. {Fashion Gone Rogue} Coco Rocha is now a contributing editor at not-so-fashion glossy PC Magazine. Wait, what? {Coco Rocha's Tumblr} This year's CFDA Awards celebrity presenters have been announced! Among them are Linda Evangelista, Jessica Chastain, Ralph Lauren and maybe Hillary Clinton and Michelle Obama. {WWD}

Emma Watson really is all grown up, as evidenced in her June 2013 W cover shoot, lensed by Michael Thompson. {W} We're not sure who got luckier--Prince Harry or Karolina Kurkova. The two shared a chaste smooch at a polo match on the last day of the prince's US tour. {US Weekly} Here's the 16-piece Kate Bosworth-inspired collection by Topshop, which the actress herself wore at Coachella in April. {Vogue UK} Rita Ora--who is kind of Madonna's doppelganger--is the new face of Madonna's clothing line, Material Girl. {The Sun}

Ready, set, plié. Givenchy couturier Riccardo Tisci will be designing costumes for the 17-minute ballet production "Bolero" at the Opéra de Paris this Spring. {WWD} So those rumors about Katie Holmes planning to be an attorney might actually be true. The actress tells all as she gets beachy on the cover of Allure's April issue. {US Weekly} Cara Delevingne goes S&M for Karl Lagerfeld in a photo shoot for Plastic Dreams, the in-house magazine of Brazilian shoe company Melissa. Adorable little 14-second teaser included. {Grazia}

Want to own a piece of fashion history--and history history? Ten of Princess Diana's most iconic dresses are going up for auction on March 19. {Vogue UK} Watch the great Karlie Kloss in action on the set of her seductive spring 2013 Muse Magazine cover shoot. {Fashion Gone Rogue} This poor girl's YouTube hair tutorial is legitimately the stuff of nightmares. Ergo you must watch it. {HuffPo} Cara Delevingne was the top model at London Fashion Week, but who's surprised? See who else did pretty well for themselves. {The Cut}

The royal palace announced that Kate Middleton's due date is in July, but there's still no word on the baby's gender. {HuffPo} It sounds like Justin Timberlake is already kicking off a stylish new comeback: "Suit and Tie," the first single from his upcoming album The 20/20 Experience, was released at midnight and includes a verse from Jay-Z about tuxes and Alexander Wang. {US Weekly} A 28-year-old Harvard grad has started a new web site for "our mothers" called Halsbrook.com, with an aim to make women over 40 "chic but not intimidating." {NY Times}

There are few things in pop culture that capture attention quite like a celebrity wedding.

Apparently, those flowers are hilarious.

The 65th Annual Cannes International Film Festival kicks off tomorrow, and of course we're super excited to see what everyone will wear. Not only does the festival offer a perfect blend of Hollywood glamour and French insouciance, but whether it's the heat or the proximity to nude beaches, people tend to get pretty daring with their fashion choices. And it's made for some pretty iconic red carpet moments over the years.