Inside Kering’s disappointing Q1, Vanity Fair’s E.I.C. shortlist, Saks Global’s new headache, and an intriguing potential Met Gala appearance…
From @laurensherman.bsky.social
The late, great New York department store Barneys lives on—well, sort of, and in name only, really, inside a few Saks stores, a gated community in Tulum, and a 2010s zombieland in Tokyo.
@laurensherman.bsky.social chronicles the efforts to resurrect the brand:
An examination of Oscar de la Renta’s strategic—if slightly risqué—approach to sponsoring this year’s Save Venice ball at the Plaza, in light of Louis Vuitton underwriting the Met Gala.
Read @laurensherman.bsky.social's dispatch here: puck.news/more-saks-gl...
The tariffs are just one of many concurrent challenges facing LVMH, and the luxury industry at large, which is in a legitimate crisis—one that’s not as easily navigable as the micro-recessions of the past…
From @laurensherman.bsky.social
Inside Celine’s partnership with the world’s most expensive group Pilates class, how LVMH is bracing for a potential 200% Trump alcohol tariff, and why Macy’s acquired the “exclusive option” to adapt Julie Satow’s book.
From @laurensherman.bsky.social & Rachel Strugatz
What precipitated the messy departure of Pat McGrath Lab’s “C.E.O.”? Will the Prada Group acquire Versace? And how did Nordstrom poach Neiman Marcus’s “most powerful personal shopper”?
@laurensherman.bsky.social and Rachel Strugatz explore:
“Everyone is pissed, and Metrick’s plan will only work if he and his team can convince the majority of brands to comply. I’ve already heard rumors of side deals…”
@laurensherman.bsky.social breaks down that Saks memo:
NEW: A Nike x Skims collab is happening. Will it lead to an acquisition?
Puck’s @laurensherman.bsky.social has details:
Fashionworld intel on the dissolution of Condé Nast’s relationship with its longtime Middle Eastern publishing partner, how GLP-1s are changing the plus-size modeling profession, and more.
From @laurensherman.bsky.social and @sarah-shapiro.bsky.social
Until now, New York magazine’s union members have never threatened a work stoppage. And while their demands seem reasonable, structural challenges of the parentco might preclude a tidy ending…
@laurensherman.bsky.social reports:
From ‘selling hope’ to outdated fantasies, Victoria’s Secret’s rise + fall reveals how lingerie + gender politics are intertwined. Can the brand rebuild in an era of actual authenticity? We ask @laurensherman.bsky.social + Chantal Fernandez about #SellingSexy www.theglobeandmail.com/podcasts/lat...
Everything you want in life in this issue of Line Sheet @puck.news puck.news/newsletter_c...
Puck fashion correspondent @laurensherman.bsky.social makes 7 predictions for the luxury fashion business in 2025, following its toughest year in recent memory:
The latest revival of Calvin Klein may represent a reversal back toward high fashion and relevance, but it’s also probably a last-ditch effort for PVH executives to determine whether it has any influence left beyond its advertising.
From @laurensherman.bsky.social
Capri C.E.O. John Idol is in a pickle after his failed attempted merger with Tapestry, and now he’s looking to sell off assets like Versace. But who will buy it? And at what price? And what will happen to Donatella?
@laurensherman.bsky.social explores:
Why is an American LVMH so difficult to achieve? Will Glossier finally be acquired in 2025? And what’s really going on with the Blake Lively haircare sitch?
Line Sheet’s @laurensherman.bsky.social , Rachel Strugatz, and @sarah-shapiro.bsky.social answer burning reader questions:
Puck’s @laurensherman.bsky.social has behind-the-scenes details on new Chanel designer Matthieu Blazy’s exit from Bottega Veneta, plus the unexpected leading candidate to replace him.
🎙️ Part 2 on Selling Sexy with Chantal Fernandez &
@laurensherman.bsky.social on the Remarkable Retail podcast is here! Dive into the rise of supermodels, Victorias Secret's fall, Lex Wexner's genius, & retail lessons.
ICYMI: P1 explores VS's origins, mall dominance, & the Angels.
loom.ly/p6YWh0s
WE RECOMMEND: Selling Sexy: by Lauren Sherman and Chantal Fernandez
"Selling Sexy memorializes the life cycle of a phenomenon gone zombie, the writers coming to the subject with the benefit of both lived experience and a cultural anthropologist’s critical eye."
@laurensherman.bsky.social
“The thing about the so-called mall brands is that, after years of bad headlines and doomsday scenarios, the ones that survived are mostly faring relatively well,” @laurensherman.bsky.social writes. “The question, for me, is about their ceiling.”
Read Lauren’s dispatch:
great day @pucknews.bsky.social Subscribe! puck.news/newsletter_c...
Puck is proud to welcome retail expert @sarah-shapiro.bsky.social aboard as our newest writer, contributing to @laurensherman.bsky.social’s “Line Sheet” fashion newsletter.
Sign up to receive Line Sheet directly in your inbox: puck.news/newsletters/...
Meditations on the new (and, in many ways, overdue) partnership between Gwyneth Paltrow and Cassandra Grey—and the “fixer” at the center of it all: former Jenni Kayne C.E.O. Julia Hunter.
From Puck's Rachel Strugatz.
ty!
🤣❤️❤️
Thankful for a job where we get to cover LVMH, Goop, Violet Grey, Gap, Old Navy, J.Crew, and French spies all in one day!
puck.news/newsletter_c...
Watch Puck’s @laurensherman.bsky.social moderate a panel discussion with the costume designers behind some of the biggest movies of the year: Emilia Pérez, Gladiator II, Beetlejuice Beetlejuice, Challengers, and Queer.
Stories of the Season is presented by Polestar.
Puck’s @laurensherman.bsky.social digs into the Sabato De Sarno sitch at Gucci, Kering’s executive shuffle, and where Matthieu Blazy might land:
