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Everyone keeps asking me how it’s going with Jonathan Anderson at Dior. And I keep answering that it’s hard to tell thus far. It’s been six months. Very little of the product is in stores, and very early indicators suggest that Q4 luxury retail results will be soft in the U.S., where it seems like everyone is buying Gap pajamas and skincare. Then there are Anderson’s natural growing pains as he ascends from Loewe, which he transformed into a platform for his own unique talent, to a truly historic and code-driven brand—not to mention decidedly commercial—like Dior.