FASHION
Loro Piana’s Bay Area Confab & Stylist Drama at the Carlyle
News and notes on Loro Piana’s annual tribute to merino wool perfection in the Bay Area, and the chatter surrounding O.G. celebrity stylist Jessica Paster’s altercation outside of the Carlyle.
I Wanna Saks You Up
As Saks Global’s June interest payment closes in, I spoke with former M&A banker Bill Cohan about the red flags flying on Wall Street, whether Saks should pay their creditors on time, and if a restructuring is inevitable.
Lauren Sherman
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May 28, 2025
The Arnault Grand Prix & Condé Nostalgia Overload
A tidy bundle of pressing fashion intel: The chatter surrounding Maria Grazia Chiuri’s final Dior show in Rome, whether LVMH’s billion-dollar partnership with F1 was ill-advised, and the latest entry in the bloated canon of peak-Condé-era postmortems.
Rachel Strugatz
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May 28, 2025
Hailey’s Rhode to Riches
E.l.f. Cosmetics, a staple of the Target beauty aisle, is buying Hailey Bieber’s booming beauty brand, Rhode, in a $1 billion deal.
Lauren Sherman & Sarah Shapiro
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May 27, 2025
Dior’s Black Tuesday & Gap’s Q2 Green Shoots
News and notes from the fashion frontlines: The not-so-subtle dress code for Maria Grazia Chiuri’s final show as Dior’s head of womenswear, a close look at Gap brands’ recent foot traffic patterns, and a timely development for a teenage retail obsession.
Sarah Shapiro
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May 27, 2025
Everybody Wants This?
The Foster sisters, the celebrity duo behind the hit Netflix show “Nobody Wants This,” built their clothing brand Favorite Daughter on the shoulders of their growing media empire. But the real secret to their success might be much simpler: Selling clothes that women actually want.
Lauren Sherman
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May 26, 2025
We Don’t Talk About Bruno
News and notes on the subtle transformation at Chanel under Leena Nair and, now, Matthieu Blazy, as the Pavlovsky era appears to be fading.
Sarah Shapiro
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May 23, 2025
The Dockers-Levi’s Divorce & Everlane’s “Clean Luxury” Headfake
All the retail news fit to print: Authentic Brand Group’s $311 million acquisition of Dockers, Everlane’s attempt to brand itself as a “clean luxury” product, and the latest collaborations worth tracking.
Sarah Shapiro
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May 23, 2025
The Week in Shopping: Splurging in Montecito & Google’s Smart Glasses FOMO
News and notes on the latest shopping and retail developments worth your time: vintage sales from Liz Goldwyn, the Montecito D.T.C. rush, Google’s Warby Parker collab, and much more.
LVMH Futurecasting & Another Brand Payment Scandal
News and notes on the whereabouts of executive Marco Gobbetti, LVMH’s Q2 warning, Luisaviaroma’s emerging brand payment issues, and a System magazine co-founder’s next project.
The Vanity Fair Diaries
The scroll of contenders for the VF job is becoming endless—a bizarre, if unsurprising, phenomenon for a career-defining-ish role that the right people want to ignore and the wrong people covet, and that will be handed out by an inscrutable duo who won’t be in their chairs forever.
Lauren Sherman & Rachel Strugatz
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May 21, 2025
Estée’s New Makeup Lead & Fifth Avenue Mall Madness
Revealing the new hire to lead The Estée Lauder Companies' all-important makeup cluster, plus whether NYC’s $400 million investment in Fifth Avenue can make the stretch feel more like the Champs-Élysées.
Rachel Strugatz
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May 21, 2025
The Blake-Taylor Beauty Catastrophe
Blake Lively’s haircare line was leveled by Baldonigate—and now, a bizarre legal contretemps involving Taylor Swift. Blake Brown has become “a non-conversation” at Target, according to a person familiar with its plunging sales. “It went from a $100 million brand to a $15 million brand.”
Lauren Sherman & Sarah Shapiro
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May 20, 2025
The Chanel Dip & Nordstrom’s $6.3B Take-Private
A close look at how Quince mastered the dark art of marketing the just-good-enough dupe, Nordstrom’s fate now that its $6.3B take-private is complete, and what to make of Chanel’s relatively disappointing 2024 results.
Sarah Shapiro
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May 20, 2025
The Away Game
Steph and Jen’s direct-to-consumer luggage brand Away had competitors reaching for beta blockers when it first entered the space with built-in phone chargers and a unicorn valuation. Now, after surviving a travel-crushing pandemic, a new C.E.O. (yes, another one) is answering the call to re-differentiate the brand in a much more saturated market.
Lauren Sherman
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May 19, 2025
Pierpaolo Pressure
With the appointment of Pierpaolo Piccioli to succeed Demna at Balenciaga, Kering appears to be choosing stability—taking a second chance on a proven operator, rather than betting it all on an untested genius. It’s indicative of the risk-averse state of luxury these days, but also the growing pressures on the Pinault family, itself.
Lauren Sherman
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May 19, 2025
Chanel Shrinkage & Gobbetti’s Next Act
News and notes on Chanel and Richemont’s ’24 performance, how major brands are commandeering the hard-luxury supply chain, and a scoop on the next destination for fashion executive Marco Gobbetti.