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Hi, and welcome to Line Sheet. I’m on the last leg of my Tokyo holiday. Today, we visited Loewe’s
Crafted World exhibit in Harajuku, which runs through May 11. (Reserve a spot here.) It was… fantastic. I’m not one for branded fashion exhibitions, but this was enriching, from the fascinating pre-LVMH ownership ephemera—including advertisements and window illustrations—to the 3-D documentation of the Jonathan Anderson years. (There was a room full of runway pieces.) My kid
didn’t want to leave the wild, immersive spaces inspired by the brand’s Studio Ghibli collaboration.

More than anything, though, the exhibition offered a framework to think of Loewe apart from Anderson. The brand is bigger than him, even if it’s hard to imagine it without him. And yes, it made me want to buy something. I may finally succumb to the Flamenco bag, which was first introduced in… the
80s.

I’m returning to Los Angeles tomorrow, just in time for a big announcement out of Europe. Remember that Kering releases its earnings on Wednesday (a great moment to announce a new Balenciaga designer, I reckon). That same day, the YNAP-Mytheresa merger will be finalized. Let’s go, LUXE.

In this very special mailbag edition, I answer your most provocative questions: What happens to the Brooklyn Museum’s relationship with Dior once Maria Grazia
is gone? Why does Olivier Rousteing still work at Balmain? What’s the best thing to wear on a long flight? It was fun.

🚨 Programming note: Tomorrow on Fashion People, I’m talking with BMO analyst Simeon Siegel about Nike’s attempt to escape its fugue state. (Members of Puck’s Inner Circle got a preview
of this conversation last week.) We discuss everything from the potential of NikeSkims to the importance of selling $50 kids’ sneakers at DSW. Listen here and here.

🛍️ Also, here are all the products we discussed:
Air Force 1s, Jordans, Nike Dunks, Nike Epic React, Nike Zoom Fly 6, Nike Pegasus Premium, Nike Vomero 18, and Adidas Ultra Boost.

Mentioned in this issue: Olivier Rousteing, Balmain,
Casey Cadwallader, Tory Burch, Target, Donna Karan, LVMH, Delphine Arnault, Gucci, Jonathan Anderson, Dior, Maria Grazia Chiuri, Saks Global, Kendrick Lamar, Chanel, and many more…

An essential, insider-friendly Hollywood tip sheet from Matthew Belloni, who spent 14 years in the trenches at The
Hollywood Reporter and five before that practicing entertainment law. What I’m Hearing also features veteran Hollywood journalist Kim Masters, as well as a special companion email from Eriq Gardner, focused on entertainment law, and weekly box office analysis from Scott Mendelson.

Finally, a media podcast about what’s actually happening in the media—not the oversanitized,
legal-and-standards-approved version you read online. Join Dylan Byers, Puck’s veteran media reporter, as he sits down with TV personalities, moguls, pundits, and industry executives for raw, honest, sometimes salacious conversations about the business of media and its biggest egos. New episodes publish every Tuesday and Friday.