THE LATEST ARTICLES
NEWSLETTERS
Richard Baker
Lauren Sherman January 5, 2026
A timely report on the Saks Global saga following former C.E.O. Marc Metrick’s departure, chairman Richard Baker’s assumption of the role, and the $100 million-plus interest payment debacle. Plus: Is Dior resetting its prices?
Marc Metrick
Lauren Sherman December 28, 2025
The expected departure comes amid growing speculation that Saks Global, the parentco of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, is contemplating a potential bankruptcy filing.
Marc Metrick
Lauren Sherman December 26, 2025
Preliminary notes on the $100 million-plus transaction.
Moynat Labubu
Lauren Sherman December 26, 2025
With 2025 all but a wrap, we field reader questions on whether anyone’s going to get really rich on the secondhand market, what the hell is next for Flamingo Estate, and when/if our national Labubu nightmare will ever end.


Richard Baker
Lauren Sherman & Sarah Shapiro December 26, 2025
A primer from fashion’s front lines: Saks Global C.E.O. Marc Metrick’s curious disengagement and chairman Richard Baker’s recent memo to employees; the holiday season resale boom; and fur’s quiet revival.
Tadashi Yanai
Lauren Sherman December 23, 2025
The Japanese retail giant has become the fashion staple seller of choice for a large swath of the discerning, clothes-buying global populace. Now, after a slow start in North America, its ambition to become the biggest fashion seller in the world appears within reach.
Oscar de la Renta dominican republic
Lauren Sherman December 22, 2025
News and notes on Vogue’s end-of-year personnel changes, Oscar de la Renta’s Dominican Republic show, and the latest chapter in the never-ending Saks Global debt crisis.
Hayley Sullivan Cannes Film Festival Party
Lauren Sherman December 22, 2025
The demanding, annoying, and increasingly necessary “client”—from the desperate poseur buying the Louis Vuitton money clip to the oil heiress dropping $500,000 on a custom couture look. Like entertainment, politics, and media, the fashion industry has been laid low by the depths of post-monoculture influencer economics.


Stella McCartney
A couple of fashion world updates: Stella McCartney’s significant losses and the latest in the Saks Global vendor mess.
Leena Nair
Despite some initial skepticism (she’s from H.R.—and Unilever?!), Chanel C.E.O. Leena Nair has shrewdly solidified her power base in a family-owned company dominated by lifers, and established a financial model that has become the envy of the industry.
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