The Emperor's New Clothes: The Graphic Novel — Stephanie True Peters

In a faraway kingdom, there lives an Emperor who prizes fancy clothes above all else. He buys suit after suit made of the most expensive materials instead of tending to his threadbare kingdom. Then, one day, two traveling merchants offer to make the Emperor a special suit that has magical powers. The merchants, however, are not who they claim to be, and the suit has one major flaw -- no one can see it!