The Fashion Bomb News Breakdown: Karl Lagerfeld Apologizes for Calling Adele ‘Fat’, Beyonce and Jay-Z Want to Trademark ‘Blue Ivy,’ And Watch The Music Video for ‘N***as in Paris’

• It’s the second day of Mercedes-Benz Fashion Week in New York City. As usual, you can follow @thefashionbomb for updates from the tents. Here’s what’s on the schedule at the tents for today: 10AM ParkChoonMoo, 10:30AM Greenshows presents Fall 2012 Designer Collection Previews, 11AM Concept Korea, 1PM General Idea, 2PM Rebecca Taylor, 2:30PM Brandon Sun, 3PM Rebecca Minkoff 5:30PM Tommy Hilfiger Men’s, 6PM Nicole Miller, 6:30PM Katya Leonovich, 7PM Charlotte Ronson, 8PM Academy of Art University, 9PM Popluxe (MBFW)

• After describing singer Adele as “a bit too fat” in a very special fashion week edition of Metro, Karl Lagerfeld is apologizing. The Chanel Creative Director told the newspaper, “I’d like to say to Adele that I am your biggest admirer. Sometimes when you take a sentence out of the article it changes the meaning of the thought,” Lagerfeld told Metro. “I lost over 30 kilos over 10 years ago and have kept it off. I know how it feels when the press is mean to you in regards to your appearance. Adele is a beautiful girl. She is the best. And I can’t wait for her next CD.” I don’t know how the phrase “she’s a bit too fat” could have been taken out of context unless he was taking about a female house cat, but we’re all entitled to our own excuses. (Metro)

• The UK Telegraph reported last week that First Lady Michelle Obama had gone on a lavish $50,000 shopping spree at Agent Provocateur with Her Royal Highness Sheikha Moza of Qatar. Today, the publication is redacting the statements they made, admitting that the shopping trip in question never actually happened. “…we would like to make clear that the “shopping spree” involving Her Highness Sheikha Moza and Michelle Obama that we referred to in fact never occurred, and that Her Highness has never been shopping with Mrs Obama, at Agent Provocateur or otherwise, and has never sought to have any part of New York closed off to enable her to shop undisturbed. We apologise for the distress and embarrassment this article caused.” (UK Telegraph)

• Before anyone has a chance capitalize off their daughter’s name, Beyoncé and Jay-Z have filed a request to trademark the name Blue Ivy. If you remember, a man named Joseph Mbeh recently filed for rights to the name, hoping to use it for his children’s clothing company. I think it’s safe to say he can consider that request denied. (LA Times)

• For the first time in its 33-year history, drugstore makeup brand Wet ‘n’ Wild is using a celebrity to front its ad campaign. Fergie of the Black Eyed Peas is the lucky lady, and will be featured in the bargain beauty brand’s ads come late summer. At first glance, Fergie might seem like a random choice, but might actually be the perfect face for the brand, as she grew up in Hacienda Heights– the same Los Angeles neighborhood as Eric Chen, owner of Wet ‘n’ Wild parent company Markwins Beauty Products. (WWD)

Jay-Z and Kanye West have finally released the music video for their über-popular “N**gas in Paris.” But watch at your own risk– the video could trigger seizures in those who suffer from epilepsy. (Kanye West Youtube)