• Washington
  • Wall Street
  • A.I.
  • Hollywood
  • Media
  • Fashion
  • Sports
  • Art
  • Join Puck Newsletters What is puck? Authors Podcasts Gift Puck Careers Events
  • Join Puck

    Directly Supporting Authors

    A new economic model in which writers are also partners in the business.

    Personalized Subscriptions

    Customize your settings to receive the newsletters you want from the authors you follow.

    Stay in the Know

    Connect directly with Puck talent through email and exclusive events.

  • What is puck? Newsletters Authors Podcasts Events Gift Puck Careers
Line Sheet
BMW
Lauren Sherman Lauren Sherman
Hi, and welcome back to Line Sheet. It’s cold in Paris, but I was happy to be here for a few days post–Fashion Week to properly catch up with people, and also get an on-the-ground read on the Demna-Gucci news. (My précis, exclusive to Inner Circle members, is here.) Most people remain stunned and confused. There are others who know Demna and believe he is more than capable of expanding his purview. Also, frankly, Kering had no other choice. (An unproven designer was too big of a risk, and there were no other proven creative directors available—or interested.) Investors, who may be less understanding of the curious machinations of the luxury industry, reacted poorly, with Kering shares down about 10 percent on the news. The company’s market cap is now just over $27 billion, down from $115 billion in August 2021. The sizable loss of shareholder value is concerning, and it’s going to take time to turn things around. Much more time, in fact. While the classic Gucci product (carryover, as they call it in the biz) is improving, the big, new idea won’t materialize for another year. Remember, Demna will be working at Balenciaga until July. You can read more about how Kering came to the Demna decision in yesterday’s issue of Line Sheet. Today, I’ve included some of your comments on Gucci and the other big announcements of the week. Luckily, Sarah “SShapiro@puck.news” Shapiro is here to distract us with the week in shopping and trends, including notes on the return of real fur, the Marant hat phenomenon, and what’s up with Shopify’s curious decision to leave the Yeezy-swastika merch up as long as they did. My micro-retail report from Paris: The city is overrun with vintage shops, the Bode store is gorgeous and a necessary stop (the nicest of the three so far), and Galeries Lafayette’s renovated women’s building on Haussmann is giving Le Bon Marché a serious run for its money. (Visit Floor 1.) Mentioned in this issue: The Row, Ashlyn, Stella McCartney, Givenchy, Sarah Spellings, ’80s power coats, Fendi, Alaïa, Miu Miu, Rickie De Sole, Isabel Marant, Khloé Kardashian, Good American, Emma Grede, Kanye West, Shopify, Harley Finkelstein, boom boom aesthetic, and many more…
A MESSAGE FROM OUR SPONSOR
BMW The i7
BMW The i7
Get ready for a new era of glamour. The 100% electric BMW i7 is always show-stopping. Learn more at BMWUSA.com.

Three Things You Should Know...

  • Making Good American… something again: Khloé Kardashian’s denim brand, Good American, which began its journey in the world as a premium brand at Nordstrom, is now expanding into 36 Macy’s locations, en route to almost 80 by the end of the year. This isn’t necessarily good news, of course. The pivot to mid-market is part of a larger upheaval: Layoffs affecting around 20 percent of the workforce; 30 percent sitewide sales on the company’s D.T.C. channel; and its lost distribution within Nordstrom’s vendor matrix. Good American needs to move a lot more inventory and open more wholesale accounts. (A spokesperson for the company didn’t respond to a request for comment.) Sources familiar with the business acknowledged the headwinds, but insisted the brand might be turning a corner under C.E.O. Emma Grede, the data-driven executive who helped mastermind Skims’s success and is likely recalibrating product mix and inventory levels to align with current denim preferences and sales trends. That said, given G.A.’s struggle to capitalize on key trends last season like barrel and wide leg styles (the brand is primarily known for skinny and stretch denim), she certainly has her work cut out for her. —Sarah Shapiro
  • Sperry gets decked out: The last time the humble boat shoe—with its combination of old-school preppy and hint of nerdy cool—enjoyed a major trend cycle was in 2007. But the boat shoe is once again on everyone’s mind, with the most popular iterations coming from Bally and Miu Miu. Perhaps this was all foreshadowed last July, when the U.S. Olympic team in Paris donned Ralph Lauren’s patriotic red, white, and blue boat shoes. Unsurprisingly, Sperry, the heritage boat shoe brand, is going all in on the trend. Its collab with Canadian retailer Aritzia sold out in five hours, prompting Sperry to push up their D.T.C. launch by two weeks. (It dropped today.) Sperry’s success follows its acquisition, last year, by Authentic Brands Group, which brought in the Aldo Group as operating partner. Part of their plan has coalesced around monthly high-profile collabs with Nordstrom, and, coming soon, the trendy L.E.S. shop Colbo and Todd Snyder, which may help nudge Sperry’s preppy staple into a must-have fashion item. This summer, the yacht club aesthetic will also be turning up in Sperry’s classic CVO Keds-style sneakers. —Sarah Shapiro
  • Shopify vs. Yeezy: I’m still hearing some frustrated chatter from Shopify partners over the platform’s sluggish response to Kanye West promoting swastika-adorned t-shirts on his Yeezy store back in February. Shopify waited some 48 hours before taking down the store, a response that was perceived by some as delayed and dismissive compared to similar incidents in the past. After the Capitol riot on January 6, for example, the platform removed certain insurrectionist-affiliated stores within 24 hours. Back then, according to a source present at a corporate town hall, Shopify president Harley Finkelstein was vocally furious about a Capitol rioter wearing a “Camp Auschwitz” t-shirt. When questioned about the Yeezy incident on CNBC, Finkelstein justified Shopify’s delayed removal by repeating, “Good process creates good outcomes.” But it’s unclear why so much process would have been necessary—as CNBC’s Sara Eisen pointed out, Shopify’s terms of service allow them to pull a website for any reason on the spot. The Yeezy store would presumably have had a dedicated account manager, who should have been tracking the situation in real time. Anyway, the disappointed partners have yet to receive a response from Shopify, I’m told. This is all a notable departure from co-founder and C.E.O. Tobi Lütke’s statement in 2018, that “neutrality is not a possibility” when establishing guidelines against harmful products. (Shopify didn’t respond to requests for comment.) —Sarah Shapiro
And now, the main event…
The Week in Shopping: Fur Returns & Other Boom Boom Chronicles

The Week in Shopping: Fur Returns & Other Boom Boom Chronicles

News and notes on the latest fashion pendulum swings, plus a Paris Fashion Week retrospective and some notable micro-trends.
Sarah Shapiro Sarah Shapiro
I can’t stop thinking about how fashion keeps recycling itself, sometimes in the least expected ways. The runway collections in Paris, for example, left me simultaneously nostalgic and intrigued by their gestures toward a return to 1980s opulence. It wasn’t just an aesthetic recycling, but rather a deliberate reinterpretation that feels oddly relevant. Designers seem to be extracting the essence of power dressing from the ’80s, updating the look and provoking the question: What are the possibilities for power dressing in 2025? Take, for example, the revival of 1980s power coats, part of the “boom boom aesthetic,” a term Emilia Petrarca and Sean Monahan have used to describe fashion’s new frontier of Gordon Gekko–style, greed-is-good chic. The thick wool statement outerwear, with oversize shoulders and lapels (perfect canvases for brooches and/or belts), has appeared at The Row, Ashlyn, Stella McCartney, and Givenchy, as well as on the street (see The Cut E.I.C. Lindsay Peoples). And while this back-to-the-’80s moment resonates with current cultural and political shifts—Donald Trump, of course, remains the most emblematic expression of that decade—participation doesn’t signal political alignment. Even the one percent has its ideological diversity, after all.
Photos: Courtesy of Ashlyn, The Row, and Givenchy
Outerwear, moreover, is one of the few fashion investments that consumers still consider worthwhile, giving brands an opening to inch up their price points. The vintage inspiration creates ample resale shopping opportunities, too—don’t forget to check out the men’s section.

Up Fur Debate

When WSJ’s Sarah Spellings documented Gen Z’s growing appetite for fur in the vintage market, one furrier made the bold prediction that the look would make its runway return within two years. That prophecy actually materialized within two weeks—fur saw a 280 percent increase from the year before in runway looks for the Fall/Winter 2025 season.
A MESSAGE FROM OUR SPONSOR
BMW The i7
BMW The i7
Get ready for a new era of glamour. The 100% electric BMW i7 is always show-stopping. Learn more at BMWUSA.com.
Paris Fashion Week delivered the proof with a mix of real and faux fur: Fendi, The Row, Alaïa, Miu Miu, and, most surprisingly, sustainability-minded Gabriela Hearst all showcased fur in their collections. Hearst’s version is already available for preorder on her site for $32,000. As designers often do with special pieces—and, in this case, it’s made from actual vintage stock—preorder allows the brand to manage inventory, and not make a size that won’t eventually sell. Fendi, of course, began as a fur and leather shop in 1925, and has maintained a consistent presence ever since. But fur’s growing appearance elsewhere signals a dramatic cultural pivot after a seismic shift away from the material in recent years. Between 2017 and 2021, we witnessed a domino effect of antifur commitments across luxury fashion, coinciding with #MeToo and D.E.I. initiatives. PETA declared victory after Gucci banned fur in 2017, which triggered Burberry, Prada, Versace, and major retailers like Saks, Nordstrom, and Macy’s/Bloomingdale’s to follow suit. Department stores shuttered their once-thriving fur salons as global production plummeted. According to the Fur Free Alliance, fur production dropped 85 percent over the past decade, from 140 million animals in 2014 to roughly 20 million in 2023. When I reached out to multiple department stores that had previously closed their fur departments, none would comment on whether they plan to reverse course. This seemed like a display of strategic indecision—or careful calculation of customer sentiment. Rickie De Sole, Nordstrom’s fashion director, told me that the retailer plans to buy the trend for outerwear (citing “fuzzy textures,” shearling, and faux fur) and accessories (expect Miu Miu stoles to be replicated by many high-street brands come fall). De Sole also cited fur as an indicator of “maximalist opulence” trends gaining ground over luxury minimalism. Boom boom, indeed. There’s a compelling economic calculus for luxury brands here, too. Fur’s premium price points are potential revenue buffers against ongoing economic uncertainty. It’s too early to say whether all of this represents a genuine longer-term shift, or just another swing of the fashion pendulum. There’s also ongoing debate over whether faux or real fur is “better” (environmentally, or otherwise) given that the faux version contains microplastics.

Micro-Trends of Note

Halfway into her Paris trip, Lauren messaged me about the remarkable proliferation of Marant hats from the quintessentially Parisian brand’s still relatively new menswear line. The guys in Paris are wearing these the way they wear Alo Yoga baseball caps in L.A.: constantly, with an almost unhinged zeal. It’s interesting that Isabel Marant would be the brand to benefit from late-stage merch consumption: Her wares, which never waver from her core bohemian-rock-star competency, don’t read as thirsty. Of course, the Marant logo is big stateside, too, at least with East Coast Gen Zers out to redefine the meaning of preppy. If you are confused by my use of preppy here, don’t worry—at first, I was too. But my tween daughter has helped me understand that the ’80s Greenwich-style prep has been replaced by vibrant colors, maximalist accessories, and status-signaling logos—less old school Ralph, more TikTok-friendly brightness. Marant’s boho chic aesthetic, with its playful patterns and French girl insouciance, hits that sweet spot. (There is also this TikTok moment…) According to one observant Gen Z watcher, university students are very into the Marant sweatshirts, too.
BMW The i7
BMW The i7
For Isabel Marant, ubiquity is a good thing. (Montefiore Investment acquired a controlling 51 percent position in the business, in 2016, and ran an unsuccessful sale process a few years back.) The line went from being an IYKYK cool French girl brand to an It-label best known for a curious wedge sneaker. In the past decade, they’ve spent time increasing global distribution, and ensuring that they sell far more than that shoe. Now, the kids want it. And, wouldn’t you know, the wedge sneaker is getting hot again. When nostalgia hits the runway, the ripple effects in the resale market are immediate and intense. Case in point: Following Chloé’s Fall/Winter 2025 show, an insider from The RealReal shared with me that Paddington bag sales surged 48 percent week over week, and that searches are up 6x over a year ago. Demand is up (if you have one and are looking to sell, now would be the time) as the average selling price has doubled since last year. In fact, searches for all Chloé bags have risen 14 percent. Finally, a super-rounded heel is making a comeback. Perhaps the Phoebe Philo influence is strong, or a high heel is needed to go with the ladylike pencil-skirt-and-oversize-coat look. Lauren spotted this heel from Courrèges, and, of course, there are now countless versions of this Loewe toy stiletto, as well as Amina Muaddi’s version and Alaïa’s patent slingback. Post-pandemic, consumers are reluctant to return to anything that isn’t a comfortable shoe, and the wider toe box of a round toe gives you some wiggle room there.
 

The Week in Feedback: Vitale, Saks, & The Row

Re: Dario Vitale at Versace: “He’s been at Miu Miu for 10 years. But Miu Miu really took off in the past three, after Miuccia brought in [stylist] Lotta Volkova. It’s just something to think about.” —An executive Re: The Saks Global PFW push: “[Chairman] Richard Baker and his wife going to fashion shows in Paris… not a good look, given the situation.” —A vendor Re: The Gucci employee reaction: “Half are disgusted. Half liked it.” —An insider-insider Re: The recent episode of Fashion People on The Row: “As a European, I would never spend money on The Row… if I had the money. Way too basic, as you say. Phoebe Philo, on the other hand, is sexy. I think you are right about the impact of art/humanities.” —A listener Re: The Rent the Runway stock decline: “The stock was so low the Nasdaq made them do a combo (the opposite of the split). It was 10:1. So the stock is actually trading at $0.40, which is 0.1 percent of the I.P.O. It’s down 99.9 percent, not 99 percent.” —A concerned investor
 
Have a great weekend, Lauren P.S.: We are using affiliate links because we are a business. We may make a couple bucks off them.
Puck
Facebook Twitter Instagram LinkedIn
Need help? Review our FAQ page or contact us for assistance. For brand partnerships, email ads@puck.news. You received this email because you signed up to receive emails from Puck, or as part of your Puck account associated with . To stop receiving this newsletter and/or manage all your email preferences, click here.
 
Puck is published by Heat Media LLC. 107 Greenwich St, New York, NY 10006

SEE THE ARCHIVES

SHARE
Try Puck for free

Sign up today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.

Already a member? Log In


  • Daily articles and breaking news
  • Personal emails directly from our authors
  • Gift subscriber-only stories to friends & family
  • Unlimited access to archives

  • Exclusive bonus days of select newsletters
  • Exclusive access to Puck merch
  • Early bird access to new editorial and product features
  • Invitations to private conference calls with Puck authors

Exclusive to Inner Circle only



Latest Articles from Fashion

Rachna Shah and Renee Barletta met gala
Lauren Sherman • March 14, 2025
A Met Gala P.R. Switcheroo & LVMH’s Watch Week
News and notes on a Met Gala P.R. shake-up, Tamara Mellon’s bid to buy back Jimmy Choo, and the state of LVMH’s watch business.
Adam Baidawi
Lauren Sherman • March 14, 2025
GQ’s Man of the Year
The chatter inside Condé Nast is that Adam Baidawi is winning the horse race to helm GQ’s global operations. But is it actually sealed up?
Jonathan Anderson dior 2026
Lauren Sherman & Rachel Strugatz • March 14, 2025
Paris Men’s FW26 Trends & Harry’s Le Labo Dupe
News and notes on the biggest trends out of Paris Menswear Fashion Week; former i-D editor Alastair McKimm’s new magazine venture; and Harry’s new TikTok-exclusive, scent-dupe body wash series.


Pat McGrath
Rachel Strugatz • March 14, 2025
Pat McGrath Going Once, Going Twice…
It wasn’t so long ago that the namesake beauty line of the fashion industry’s go-to makeup artist was a market leader, with a frothy valuation to match. Next week, it will hit the auction block. What went wrong? And can it be resurrected?
Melanie Ward
Lauren Sherman • March 14, 2025
Milano Menswear Reflections & A Melanie Ward Tribute
News and notes on a thoughtful tribute to the late stylist Melanie Ward, the sudden omnipresence of peptides, and a somewhat emaciated men’s fashion week in Milan.
Bartolomeo Rongone
Lauren Sherman & Sarah Shapiro • March 14, 2025
Moncler’s New Boss & Chanel’s Golden Globes Halo
News and notes on Bartolomeo Rongone’s new assignment as the C.E.O. of Moncler Group, the renewed fanfare around a beloved Valentino documentary following the great designer’s passing, and Chanel’s Golden Globes brand-awareness bump.


Amber Venz Box
Sarah Shapiro • March 14, 2025
How to Win Influencers and Friend People
With a $2 billion valuation and first-mover advantage, LTK has long been the gold standard in influencer affiliate marketing. But as competition from ShopMy and others heats up, the O.G. company has had to do more to attract and retain users—like sharing some of its previously well-guarded data.


Get access to this story

Enter your email for a free preview of Puck’s full offering, including exclusive articles, private emails from authors, and more.

Verify your email and sign in by clicking the link we just sent.

Already a member? Log In


Start 14 Day Free Trial for Unlimited Access Instead →



Latest Articles from Fashion

Pierpaolo Piccioli
Lauren Sherman • March 14, 2025
Fashion’s Back to School Blues
As Pierpaolo Piccioli, Jonathan Anderson, and other designers who figured in last year’s epochal game of fashion industry musical chairs settle into their roles, a new reality has beckoned: They have their work cut out for them.
Geoffroy van Raemdonck
Lauren Sherman & William D. Cohan • March 14, 2025
Inside the Saks Bankruptcy Battle Royale
Frank discussions with a former M&A banker about the Saks Global mess, whether Arnault should buy Bergdorf, the future of department stores, and if Geoffroy van Raemdonck will spin off Neiman Marcus.
Heated Rivalry Connor Storrie as Ilya Rozanov and Hudson Williams as Shane Hollander
Sarah Shapiro • March 14, 2025
Adidas’s ‘Heated Rivalry’ Boost & A Bloomingdale’s Revival
News and notes on HBO Max’s ‘Heated Rivalry’ giving Adidas a lift in the post-Samba era, Bloomingdale’s flagship revival under C.E.O. Olivier Bron, and Dôen’s 2026 retail expansion plans.


sarah ball
Lauren Sherman & Rachel Strugatz • March 14, 2025
The WSJ Shake-Up & Saks Collateral Damage
News and notes on Sarah Ball’s expanded role at The Wall Street Journal, the potential suitors circling Jimmy Choo, and the fallout for beauty brands after Saks Global’s bankruptcy filing.
Giambattista Valli
Lauren Sherman • March 14, 2025
Trouble in the Valli
Giambattista Valli’s singular focus on dresses was already anachronistic when the brand was founded in 2005. Amid reports this week that the Pinault family office has pulled its backing, the model may be effectively over.
Geoffroy van Raemdonck
Lauren Sherman • March 14, 2025
Sorting Through the Saks Bankruptcy
With the filing finally official and creditors lining up, the retailer and its vendors can start facing down their futures.


Mario Dedivanovic makeup by mario
Rachel Strugatz • March 14, 2025
Makeup by Mario’s $1 Billion Question
Mario Dedivanovic created one of the most successful beauty brands in recent years—reportedly profitable, a consistent top performer at Sephora, adored by consumers, etcetera. So why hasn’t that projected $1 billion exit happened yet?
Get access to this story

Enter your email to get access to one article and free previews of our private emails from Puck authors and editors.

OR

Already a Member? Sign in



Latest Articles from Fashion

Geoffroy van Raemdonck
Lauren Sherman & Sarah Shapiro • March 14, 2025
Saks in Bankruptcy & Gucci’s Demna Glow-Up
News and notes on Saks’ now-confirmed Chapter 11 filing, Abercrombie’s significant stock drop, and the Demna-fueled Gucci revival.
Libby Wadle
Sarah Shapiro • March 14, 2025
Re-Checking the Vibes at Madewell
With a series of departures and more product inconsistency, the once-mighty J.Crew sister brand continues its search for a narrative that will stick. Might it be time for its parentco to explore other opportunities?
Ayo Edebiri 2026 golden gloves
Lauren Sherman • March 14, 2025
The Globes’ Best Dressed & A Dover Street Departure
News and notes on the Golden Globes’ best dressed, the quiet exit of Dover Street Market’s V.P., and an indie publishing scandalette.


Richard Baker
Lauren Sherman • March 14, 2025
Saks 3:16
This traumatic leg of the Saks Global journey is ending with a bankruptcy filing in Houston and the almost-guaranteed departure of Richard Baker. But accountability should be spread far and wide as whispers emerge about the next management team.
Aritzia store nyc
Lauren Sherman & Sarah Shapiro • March 14, 2025
Saks Bankruptcy Watch & Aritzia’s U.S. Resilience
News and notes on Saks Global’s potential Chapter 11 filing, Saint Laurent’s buzzy footwear moment, and the enduring U.S. staying power of Aritzia and Uniqlo.
elizabeth taylor
Sarah Shapiro • March 14, 2025
This Week in Shopping: Diamonds Aren’t Forever?
The latest holiday sales data from ShopMy highlights the rise of lab-grown gems, $325 pants, and the return of fur.


Charlotte Holman Ros
Lauren Sherman & Rachel Strugatz • March 14, 2025
Dior’s Executive Shuffle & GQ’s E.I.C. Search
News and notes on the exit of Makeup by Mario’s longtime global president and the departure of Dior Americas’ president; the sale of creative talent agency supergroup Great Bowery; and a crowdsourced longlist of potential candidates to take the top job at GQ.2 replies


  • Terms
  • Privacy
  • Contact
  • FAQ
  • Careers
© 2026 Heat Media All rights reserved.
Create an account

Already a member? Log In

CREATE AN ACCOUNT with Google
CREATE AN ACCOUNT with Google
OR YOUR EMAIL

OR

Use Email & Password Instead

USE EMAIL & PASSWORD
Password strength:

OR

Use Another Sign-Up Method

Become a member

All of the insider knowledge from our top tier authors, in your inbox.

Create an account

Already a member? Log In

Verify your email!

You should receive a link to log in at .

I DID NOT RECEIVE A LINK

Didn't get an email? Check your spam folder and confirm the spelling of your email, and try again. If you continue to have trouble, reach out to fritz@puck.news.

CREATE AN ACCOUNT with Google
CREATE AN ACCOUNT with Google
CREATE AN ACCOUNT with Apple
CREATE AN ACCOUNT with Apple
OR USE EMAIL & PASSWORD
Password strength:

OR
Log In

Not a member yet? Sign up today

Log in with Google
Log in with Google
Log in with Apple
Log in with Apple
OR USE EMAIL & PASSWORD
Don't have a password or need to reset it?

OR
Verify Account

Verify your email!

You should receive a link to log in at .

I DID NOT RECEIVE A LINK

Didn't get an email? Check your spam folder and confirm the spelling of your email, and try again. If you continue to have trouble, reach out to fritz@puck.news.

YOUR EMAIL

Use a different sign in option instead

Member Exclusive

Get access to this story

Create a free account to preview Puck’s full offering, including exclusive articles, private emails from authors, and more.

Already a member? Sign in

Free article unlocked!

You are logged into a free account as unknown@example.com

ENJOY 1 FREE ARTICLE EACH MONTH

Subscribe today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.

START 14-DAY FREE TRIAL

  • Daily articles and breaking news
  • Personal emails directly from our authors
  • Gift subscriber-only stories to friends & family
  • Unlimited access to archives
  • Bookmark articles to create a Reading List
  • Quarterly calls with industry experts from the power corners we cover