Meryl Streep devil wears prada 2
Lauren Sherman & Rachel Strugatz July 23, 2025
A punchy dispatch on the fashion world’s latest micro-developments: the identity of the costume designer for the ‘Devil Wears Prada’ sequel, notes on TSG Consumer Partners' mega-deal for Sephora-favorite fragrance brand Phlur, and what Moncler’s earnings report signals about the state of luxury.
Rachel Strugatz July 23, 2025
The beloved makeup brand Ami Colé is shutting down despite its nearly four-year partnership with Sephora. The development resurfaced one of the most pressing questions in the beauty business: Is a deal with Sephora still the best way to get ahead in the industry?
Anne Hathaway Devil Wears Prada 2
Sarah Shapiro July 22, 2025
News and notes from the fashion front lines: How Ralph Lauren scored big at Wimbledon this summer without dressing a single player; fresh details about the ‘Devil Wears Prada’ sequel; and a close look at the travel brand Paravel, which quietly filed for Chapter 7 bankruptcy in May.
Meredith Melling, Molly Howard, Valerie Boster Macaulay
Sarah Shapiro July 22, 2025
A wide-ranging conversation with La Ligne’s Molly Howard about how she and her partners turned the French girl aesthetic into a legit business.


antoine frederic arnault
Lauren Sherman & William D. Cohan July 21, 2025
News and notes from the fashion front lines: the micro-scandal swirling around Loro Piana and the implications for the Arnault heirs in charge; the chatter inside Kering as the company prepares for incoming C.E.O. Luca de Meo’s debut in September; the early signs that Burberry C.E.O. Joshua Schulman’s turnaround strategy is working; and more.
Ralph Lauren runway american flag sweater
Sarah Shapiro July 18, 2025
A bundle of fashion retail intel: The revival of the great American “flag sweater” phenomenon, a look at Net-a-Porter’s bestselling items from its 25 years in business, and a new survey revealing U.S. consumers’ tariff resilience (at least when it comes to clothes).
miami vice
Sarah Shapiro July 18, 2025
The South Florida shopping scene contains multitudes—and Miami’s various shopping districts somehow manage to coexist without cannibalization.
Zoë Kravitz
A packet of fashion and beauty-industry intel: The launch of Sephora’s new top-secret fragrance, and what it portends for category competitors; details on Barneys’ long-rumored resuscitation plan; and some notes on Zoë Kravitz’s new celebrity stylist.


Rami Atallah
For the no-counter-culture generation, the Canadian retailer established itself as a place to discover new brands, and rode high during the pandemic e-commerce boom: The company was valued at $4 billion, growing in China, and seemingly flirting with an I.P.O. Four years later, though, the market has changed, and tariffs aren’t going anywhere. At some point, something has to give.
Ben Gorham
Rachel Strugatz July 16, 2025
When you pay a billion dollars for a niche, founder-led fragrance brand, as Puig did with Ben Gorham’s Byredo in 2022, you kind of want the founder to stick around. In this case, however, are the enigmatic Swede and the Spanish conglomerate better off apart?
celine
Sarah Shapiro July 15, 2025
News and notes on JCPenney’s surprisingly active life after bankruptcy, the internet’s ferocious appetite for Celine following Michael Rider’s debut, and the sticker shock from Ssense customers who didn’t expect to get hit with tariff charges.
Michael Grynbaum July 15, 2025
In this exclusive excerpt from “Empire of the Elite: Inside Condé Nast, the Media Dynasty That Reshaped America,” Michael Grynbaum explores how Anna Wintour redefined fashion as a pillar of American influence—and transformed the Met Gala into her stage.


devil wears prada emily blunt
Lauren Sherman July 14, 2025
News and notes on the expanding retail strategy for Phoebe Philo’s LVMH-backed namesake brand, fresh details out of the ‘Devil Wears Prada 2’ production, and a close reading of Saks’s latest multibillion-dollar financing deal.
Bernard Arnault
Lauren Sherman July 14, 2025
Amid LVMH’s significant challenges (tariffs, China, the post-Covid correction, bored consumers, a depressed stock), Bernard Arnault is quickly adjusting course for his luxury conglomerate, and shuffling around prized executives. Will these be enough to combat the luxury recession, or are they the first strategic moves in a larger vision?
original birkin bag auction
Lauren Sherman, Rachel Strugatz & Julie Brener Davich July 11, 2025
News and notes on the Japanese online luxury resale conglomerate that won the auction for the original Hermès Birkin bag; Ulta’s acquisition of the high-end beauty retailer Space NK; the brain-dead Bezos-Vogue speculation; and much more.