Fashion News: Mary-Kate and Ashley Olsen win CFDA Award

Mary-Kate and Ashley Olsen won the coveted Womenswear Designer of the Year Award at the Council of Fashion Designers of America Awards. Queen Elizabeth II took to the stage at the end of her Diamond Jubilee Buckingham Palace concert Monday night, joining Sir Paul McCartney, Sir Elton John and others onstage. Glenn Beck went on a rant about Anna Wintour and her support for President Obama. And Amar'e Stoudemire popped the question with a $1 million ring.

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