Les Wexner
Lauren Sherman March 21, 2024
News and notes about all the Les Wexner protégés, and private equity behemoths, quietly angling to resuscitate Victoria’s Secret.
Meghan Markle
Rachel Strugatz March 20, 2024
News and notes on the former royal’s attempt to create her own “edible oils, fats, preserves, spreads and butters” empire. What could possibly go wrong?
Antoine Arnault, Bernard Arnault, Barneys
Lauren Sherman March 18, 2024
The macro convulsions in luxury—consolidation, tremendous profit generation, preparation for an inevitable decline—are all wrapped up in what’s happening uptown right now with the old Barneys New York building.
ashley merrill
Lauren Sherman March 14, 2024
A financial postmortem on the implosion, bailout, and sudden demise of the indie millennial athleisure brand.


emily weiss kyle leahy glossier
Rachel Strugatz March 13, 2024
Glossier, perhaps the most iconic consumer beauty brand of its generation, felt all the feels of startup life: boffo fundraising, a market correction, and recalibrated post-wunderkind success. Now it may finally be ready for its exit.
mike ashley
Lauren Sherman March 11, 2024
Notes on the dreadful Matches bankruptcy, announced just three months after the Frasers Group acquisition, and what it means for the broader Matches–Farfetch–Net-a-Porter Axis of Incompetence.
emma stone
Lauren Sherman March 7, 2024
The movie business may be in decline, but the celebrity dressing business is only getting bigger, more professionalized, and more complex. And the brands have never been thirstier for influence or market share.
Summer Fridays Marianna Hewitt Lauren Ireland
Rachel Strugatz March 6, 2024
News and notes on the drama du jour in the beauty salt mines: Summer Fridays’ new banker and Sephora’s new set of “darlings.”


Balenciaga Paris Fashion Week
Lauren Sherman March 4, 2024
More news from my Paris romp—Balenciaga, Loewe, McQueen, and more; the front-row drama, and the behind-the-scenes chatter.
meghan markle jamie mizrahi
Lauren Sherman February 29, 2024
Some news: Meghan Markle is teaming up with Jamie Mizrahi to revamp her look, and probably her reputation, and presumably create some new optionality around her post-Spotify future.
paris fashion week undercover show
Lauren Sherman February 29, 2024
News and notes on the Paris swirl: the Dior of it all, Saint Laurent feedback, Courrèges, Undercover, the Americans, and more.
Hailey Bieber rhode
Rachel Strugatz February 28, 2024
The simple, and yet perfectly executed, paradigm that turned Hailey Bieber into a bona fide beauty macher.


donatella versace Milan Fashion Week
Lauren Sherman February 26, 2024
Show notes and deal chatter from the sidelines of Milan Fashion Week: the return of Bally, Estée’s “vanilla” challenge, Donatella’s M&A headache, and the triumph of the Simons-Mulier-Blazy triumvirate.
Miuccia Prada Raf Simons
Lauren Sherman February 22, 2024
Thoughts, observations, gossip, and news on the Milano shows and rumor mill.
Cassandra Grey
Rachel Strugatz February 21, 2024
The latest plot twist in the Farfetch unwinding coalesces around Violet Grey, a once hot brand, and its innovative founder—and whether she has the will and ambition and cash to reclaim her old company.