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PREVIEW VERSION
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Hi, and welcome back to Line Sheet. How are you?
Today’s
Inner Circle exclusive issue (sign up or trade up here) is efficiently packed. I’ve got an analysis of the official launch of Zac Posen’s GapStudio (I guess that Vogue article was two months too early), a note on the Gredes-Kardashians choreography, and a
proverbial brown paper bag for you to scream into as you panic over the consequences of Liberation Day. And yes, I get into Radhika Jones’s oddly timed but ultimately unsurprising Vanity Fair exit. For the main event, I dig into the executive strategy and crisis management at both LVMH and Kering. Links will be back tomorrow!
Mentioned in this issue: Schmatta Black Wednesday, Bernard Arnault, LVMH, Jonathan
Anderson, Demna, Pieter Mulier, Damien Bertrand, Stella Bugbee, Mark Guiducci, Radhika Jones, Vanity Fair, Zac Posen, GapStudio, Mario Sorrenti, Skims, Mel’s Diner, Kris Jenner, the Gredes, Kristin Juszczyk, Emmanuel Macron, and many more…
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Four Things You
Should Know…
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Someone has to say it: GapStudio, designed by Zac Posen, launched in earnest today. The campaign, shot by Mario Sorrenti and Line Sheet A-lister Alastair McKimm, is gorgeous. The clothes, however, are…
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While the luxury industry processes Trump’s multibillion-dollar assault on global trade,
LVMH and Kering are confronting the consequences of their own success: greater exposure to macroeconomic trends, creative exhaustion, and consumer fatigue… at least until a new wave of designers arrives.
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I don’t want to dismiss the fretting over Schmatta Black Wednesday, as a friend of mine referred
to Liberation Day, the hard launch of Trump’s trade war. The tariffs that go into effect next week will cost most fashion brands a fortune—likely forcing entire supply chain reconfigurations, and driving down already sluggish sales. “Small and scaling brands cannot catch a break,” one longtime operator told me. “This completely challenges their operating income.” Said another, “The whole industry is in a...
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Puck fashion correspondent Lauren Sherman and a rotating cast of industry insiders take you deep behind the scenes of this
multitrillion-dollar biz, from creative director switcheroos to M&A drama, D.T.C. downfalls, and magazine mishaps. Fashion People is an extension of Line Sheet, Lauren’s private email for Puck, where she tracks what’s happening beyond the press releases in fashion, beauty, and media. New episodes publish every Tuesday and Friday.
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Puck’s daily art market email, anchored by industry expert Marion Maneker, offers unparalleled access to the mega-auctions and
galleries, elite buyers and sellers, and the power players who run this opaque world. Wall Power also features Julie Brener Davich, a veteran of Christie’s and Sotheby’s, who provides unique insights into how the business really works.
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