The Prodigal Olsens

Mary-Kate Olsen and Ashley Olsen
The Olsens have burnished their upper-echelon status in Paris by relocating their runway show and a significant chunk of their operations there. Photo: Matt Winkelmeyer/MG19/Getty Images for The Met Museum/Vogue
Lauren Sherman
September 16, 2024

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In the fashion business, every company is always for sale, or looking for new capital, at least for the right price. But rarely has that felt more true than at the end of last week, when The Row raised a new round of financing at a valuation just north of $1 billion, allowing for the remunerative evacuation of one financial investor and the arrival of four name-brand strategics.