Breaking Engagement News: Diesel posterboy Pete Wentz & J Brand postergirl Ashlee Simpson!

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Pete Wentz is our Diesel posterboy around the DenimBlog since he’s spotted in them so often, so we thought it appropriate to bring you the exclusive photos of Pete Wentz and Ashlee Simpson at the Ritz Carlton yesterday, and Ashlee is wearing her new ring. Yep – they got engaged. Ashlee denies rumors that she is pregnant. Check out the rock on her hand! It’s hard to look away from the ring, but she is also wearing J Brand 941 Jeans in Jett.

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Photos courtesy WireImage.

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