Author: Joan Kennedy
The stock market now values Coach parent Tapestry almost as highly as Gucci owner Kering. The closing gap reflects a shifting fashion market as well as the state of their respective turnarounds.
The event declared “fashion is art” with an exhibition in a new, dedicated gallery space, a record-setting $42 million in funds raised and the return of Beyoncé. But much of the attention won because of backlash against donors Amazon founder Jeff Bezos and wife Lauren Sanchez Bezos.
The rollout of the movie has been one big promotion party for the fashion industry — with participation from everyone from Walmart to Dior — showing fashion and Hollywood’s appetite for partnership is only growing.
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