The post-referendum drama continues: Former London mayor Boris Johnson, who had once been the favorite to succeed David Cameron, has dropped out of the race, stating that he can't be the one to bring the Conservative party together. The pound agrees — at the announcement, the British currency improved.

Newly minted creative director Justin O'Shea cast Metallica in his first campaign for the label. The images follow a similar trajectory from Marc Jacobs, who recently cast Marilyn Manson in his Fall 2016 campaign, and Saint Laurent, who tapped Kim Gordon and Courtney Love — as well as John Varvatos, who's been doing the heavy metal throwback thing for longer than any of them.

Fashion Fund, CFDA/Vogue
Nominees for the CFDA's other big fashion prize were announced Wednesday, and they include familiar names like Adam Selman and Brock Collection as well as lesser-known young designers.

Taking its show on the road. The Fendi Ape car will travel across North America, from Montauk to Toronto to Miami, distributing furry likenesses of Karl Lagerfeld all along the way.

Fimmel, Travis
From hot Calvin Klein model to (still hot) lumbersexual.

Frank, Lisa
Releasing an adult coloring book — that might be just a coloring book. Still with plenty of unicorns and dolphins.

Motion Picture Arts and Sciences, The Academy of The Oscars selection board could stand to get a whole lot more diverse. On Wednesday, Idris Elba, Brie Larson, Oscar Isaac, and 680 more actors and actresses were invited to join the Academy of Motion Picture Arts and Sciences, which has been criticized for its homogeneity. (#OscarsSoWhite, anyone?)

Slimane, Hedi
Saint Laurent's former creative director has won big. His former employer, the Kering group, will pay $13 million in compensation for the non-compete clause in his contract, which should keep him going for a little while.

See Saint Laurent's Spring 2013 show here: