What Is Fashion Week Worth?

New York Fashion Week 2023 tory burch
Once New York Fashion Week took things down to Spring Studios in Tribeca in 2018, interest waned, and not only because of the elevator situation and the unromantic views of the Holland Tunnel onramp. Photo: Taylor Hill/Getty Images
Lauren Sherman
September 5, 2024

In April, when the private equity firm Silver Lake announced that it would take Endeavor private at a $13 billion valuation, the not-so-subtle corporate messaging suggested that various assets were going to hit the block. After all, Ari Emanuel had spent years empire-building by accumulating various live-events businesses around WME, his core agency. Some acquisitions, like his $4 billion purchase of UFC, were masterstrokes. Others… (many others…) were not. Endeavor has already publicly announced its intention to shed OpenBet, a sports betting company, and IMG Arena, a sports data collector. (WME represents Puck.)