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Fashion’s Back to School Blues

As Pierpaolo Piccioli, Jonathan Anderson, and other designers who figured in last year’s epochal game of fashion industry musical chairs settle into their roles, a new reality has beckoned: They have their work cut out for them.

Pierpaolo Piccioli
Last week’s deference to Piccioli might result from the fact that he is something of an underdog, and people want to give him room to work, at least at the start. Photo: Vittorio Zunino Celotto/Getty Images
Lauren Sherman
January 19, 2026

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On January 15, I woke up to a textless WhatsApp message from a friend in Paris, featuring images screenshotted from Business of Fashion’s Instagram page—most notably, a maroon bodysuit cut out in the style of Julia Roberts’s Hunza hooker dress in Pretty Woman. The captions were cut off and I had no idea what I was looking at, and I wondered if the account had been hacked.