By InStyle Staff
Updated Jun 29, 2012 @ 1:05 pm
Credit: Courtesy Photo (2); Ramey Photo; WireImage; Sipa USA; Seth Poppel Yearbook Archives

1. Karl Lagerfeld sketched a young Coco for Chanel's fashion show invite. [Fashionista]

2. Ashley Greene worked a black DKNY gown for the brand's fall campaign. [People]

3. Kristen Stewart talked about being the face of Balenciaga's new fragrance. [WWD]

4. Lady Gaga was the highest bidder at the Daphne Guinness auction. [LA Times]

5. Oprah took a tour of Kendall and Kylie Jenner's closet. [OWN YouTube]

6. Happy graduation season! Check out these celebrity yearbook photos. [PopSugar]