Hi, and welcome back to Line Sheet. Whoa, buds, we had an 83 percent open rate on Monday. I’m flattered. Thank you for reading!!!

Today’s edition is all about the ascent of Will Welch, changes at Byredo and Net-a-Porter, another chapter in the Something Navy saga, and a little thought starter on a brand we haven’t heard about in a long time: Marchesa. It’s back. And yes, I will also address Pharrell.

I can’t even tell you how many things I had to hold for Monday because there is so much going on. It’s one of the many reasons I’m psyched that Rachel Strugatz is joining Puck as contributing beauty correspondent in February!

For the 17 percent of you who didn’t read Monday’s issue, we’re launching a Wednesday edition to house her brilliance and industrial expertise. (Names will be named!) If you’re a beauty brand (or conglomerate) executive and prefer not to be repeatedly shamed for forwarding this email to your colleagues, why not follow the rules like a good little child and hit up [email protected] to organize a group membership? What a time. Anyway, let’s get started.

Mentioned in this issue: Nicolas Cordier, Michael Burke, Byredo, Santal 33, Ben Gorham, YNAP, a Penske update, Anna Wintour, Will Welch, Jenny Lewis, Bethany Cosentino, Pitchfork, Bob Lefsetz, Georgina Chapman, Marchesa, Harvey Weinstein, Arielle Charnas, Matt Scanlan (how excited are you), Pharrell Williams, Sabato De Sarno, Phi, Robert Geller, Emily Oster, Gregg Renfrew, and many more.

• Changes at Puig’s coolest brand: People don’t write enough about Puig, the Spanish beauty conglomerate that does fashion, too, and may go public this year. There’s a lot going on there. For instance...