Here I will write up the summary for this episode, so Winxfan1 can check it out later.
Misty and Jessie both declare the Princess Festival to be officially opened, and state that their companions must do as they say. The narrator explains that the Princess Festival is a prestigious event in which women are given exclusive discounts for various items. Misty collects a large variety of items, which Ash, Brock and Pikachu are forced to carry.
Misty is then seen enjoying an array of desserts, before bringing to Ash's attention a discount sale advertising 75-90% off their stock. Whilst Jessie is trying on different sets of clothing, James and Meowth shower her with confetti. After purchasing a variety of clothes from the store, James complains to Jessie that he is bored. Jessie then reveals that she is also buying gifts for Giovanni to make up for their failure to capture Pikachu.
Suddenly, a Lickitung crosses their path. After devouring the gifts for Giovanni, Jessie captures the Pokémon as punishment, before leaving to go on a spending spree. Misty and Jessie then fight over a piece of clothing, only for it to be taken by another customer while they are distracted. Both Misty and Jessie ignore it when the Queen of the Princess Festival contest is announced over the store speakers.
Once the prize for winning the contest is revealed to be a collection of Pokémon Princess Dolls and a picture with Fiorello Cappuccino, Misty and Jessie sign up. At the start of the competition, Fiorello and the MC unveil the contestants to the audience, whom are all dressed in a vibrant variety of kimonos. The MC then reveals the prized Pokémon dolls, telling each contestant to release their Pokémon. This comes as a shock to Misty and Jessie, as the MC explains the rules behind the tournament.
He states that each contestant can only use four Pokémon each, as Misty persuades Ash and Brock to lend her their Pokémon. Misty reveals her reason for entering the contest to Ash; in which she wants to own her own set of Pokémon dolls like her sisters. As the tournament commences, Misty and Jessie progress through several rounds. When the tournament reaches the finals, Misty and Jessie face off against one another. Like Misty, Jessie is shown to have always wanted her own set of Pokémon dolls.
James and Meowth extend their support for Jessie, as the battle commences. Pikachu is able to easily defeat Jessie's first three Pokémon, before Jessie summons the Lickitung she captured earlier. After Lickitung is able to defeat Misty's first three Pokémon with Lick, she attempts to summon her Starmie but Psyduck inexplicably emerges from its Pokéball. When Psyduck faces off against Lickitung, its Lick gives Psyduck a headache.
This in turn results in Psyduck's Psychic abilities being enhanced, and Lickitung is defeated by Psyduck's Confusion. After Misty is presented with the set of Pokémon dolls, she gives them to her sisters in Cerulean City, in order to incite jealousy in them. Meanwhile, in an attempt to console Jessie for her defeat, James, Meowth and the other Pokémon dress up as Pokémon dolls.