The Powers That Be: Daily

A Fashion Comeback Story & Trump’s Luxury Tariffs

Nov 15, 2024
Lauren Sherman, a fashion journalist and author of "Selling Sexy," joins to delve into the evolving landscape of the fashion industry. She discusses Gap's ambitious rebound plans and the Arnault family's intriguing ties to Donald Trump. The chat highlights how tariffs could reshape the luxury goods market. Sherman also touches on the ongoing struggles of brick-and-mortar stores amidst rising e-commerce, while revealing the close connection between fashion and political dynamics.
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ANECDOTE

Puck's Stories of the Season

  • Lauren Sherman and Peter Hamby will be at Puck's Stories of the Season event.
  • They will interview costume designers and actors.
INSIGHT

Early Start to Awards Season

  • Award season for fashion and film begins early, impacting stylists' choices.
  • Stylists begin selecting dresses after fashion weeks, considering pre-collections.
INSIGHT

Gap's Revitalization Efforts

  • Gap Inc. hired Zach Posen and Richard Dixon to revitalize the struggling brands.
  • Despite increased sales, Gap's challenge lies in regaining its iconic status and marketing effectively.
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