Mickey Drexler thrives on connection, and still talks regularly with people who worked for him 30 years ago—even people who he fired, or who left in a huff.
Lauren Sherman August 31, 2023
Mickey Drexler, the legendary merchant and former impresario of Gap, J. Crew, Ann Taylor, and more, is now the chairman of Alex Mill, which operates off of his own personal investment. We chatted while Mickey was on vacation—because you’re never really on vacation when it’s your money on the line.
Kloss appears to be doing the i-D deal solo.
Lauren Sherman August 28, 2023
The supermodel is in talks to buy the cultishly beloved ‘i-D’ magazine.
Tyler Haney was ousted as Outdoor Voices’ C.E.O. in early 2020.
Lauren Sherman August 24, 2023
I’ve learned that another potential deal has emerged to revive the back-from-the-dead (again) O.G. athleisure brand. Why?
Lauren Sherman August 17, 2023
Herewith, Line Sheet’s first reader mailbag.


Michael Kors successfully moved further upmarket over the past few years, but not enough to stave off a 14 percent sales decline in the most recent fiscal quarter.
Lauren Sherman August 14, 2023
An $8.5 billion union of near-luxury brands—Versace, Kate Spade, Michael Kors, Jimmy Choo, etcetera—promises to be good for shareholders. But can it produce great fashion?
The entertainment industry only realized about 15 years ago, maybe ten years ago, how much money there actually is in fashion.
Lauren Sherman August 10, 2023
Todd Shemarya essentially created what we now know as the Hollywood-fashion industrial complex—matching celebrities like Jennifer Aniston with brands, and eventually helping them take equity stakes in businesses and then even build their own companies. Herewith, a candid conversation on his view from the glamourous salt mines…
Bernard Arnault’s interest in multi-brand retail—what we used to just call department stores—dates back at least to his acquisition of Paris’s Le Bon Marché.
Lauren Sherman August 7, 2023
Conversations between LVMH and Neiman Marcus Group may be heating up again as the French billionaire plots his conquest of Fifth Avenue. But can the Goodman family give Arnault what he actually wants?
Lauren Sherman August 3, 2023
Paltrow has put all of her eggs in the Goop mogul basket, but what’s the endgame for a newsletter-turned-lifestyle brand that doesn’t turn a profit? Dave Portnoy’s Barstool may provide a comp…


François-Henri Pinault is not traditionally a micromanager, but has become much more involved in day-to-day decision-making at individual brands in recent months.
Lauren Sherman July 31, 2023
Activist investor Bluebell Capital is pushing for major moves at Kering, and François-Henri Pinault seems to be listening. Will this financial love tap compel him to make more changes at the group? And is the dream of a Richemont-Kering merger finally closer to reality?
Kylie’s new brand remains in stealth mode, but the Gredes’ team have begun interviewing candidates for certain positions without telling them anything about the project.
Lauren Sherman July 27, 2023
Kylie will be fronting a line developed by Jens and Emma Grede, the geniuses behind Skims and other Kardashianwear.
Former W magazine editor-in-chief Stefano Tonchi will edit TheWrapBOOK, a coffee table-style biannual.
Lauren Sherman July 24, 2023
A surprise and retro move in the Hollywood trade wars. Look out, Penske!
Designer and founder of the New York label Bode, Emily Adams Bode Aujla.
Lauren Sherman July 24, 2023
Is Bode raising money from LVMH? Does Bode need the money? Is Bode really the next Ralph Lauren? Wait, is she actually a descendent of Mayflower lineage? Was she on the actual Mayflower?!? The mysteries behind a potential fashion power couple.


Rag & Bone co-founder Marcus Wainwright is stepping down from his operational role at the business, where he was most recently chief brand officer.
Lauren Sherman July 20, 2023
Marcus Wainwright’s departure from day-to-day activities at Rag & Bone is the end of an era—and it’s an era that ended a long time ago.
Francesca Bellettini has been elevated from Saint Laurent C.E.O. to Kering’s deputy C.E.O., with all the brand C.E.O.s reporting to her.
Lauren Sherman July 20, 2023
A C.E.O. switcheroo at Gucci, coupled with Maureen Chiquet’s new Kering board seat, has everyone in Paris reading the succession tea leaves.
Alexander Wang, the former fashion wunderkind, has spent the last two-and-a-half years rebuilding his life.
Lauren Sherman July 17, 2023
In his first major interview since his very public scandal, Wang offers a candid history of his career, what went wrong, his view of the business, his Ye ties, and his unspoken yearning to become relevant once again.