Happy New Year. Year of the Horse 🐎
Fitting, since it sounds like the year of prediction markets ... anyone remembers OTB? 😆
Anyone have the over/under on Saks Fifth Avenue filling for Bankruptcy?
Reading this Sears / Lampert article and getting Billions flashbacks.
Is this about Saks today…
or Billions doing a Sears cosplay?
Different cycle, same movie.
Retail as a balance sheet arc never dies.
Fashion Retail stops being a business the moment it becomes a balance sheet.
Saks future looks as tangle as this pic of an old Sears building in Bergen County.
https://www.nytimes.com/2025/12/26/business/sears-seritage-edward-lampert.html?unlocked_article_code=1._k8.YR_d.b3sGNaA9aOx7&smid=nytcore-android-share
Ralph Lauren went offensively hard on team USA’s Olympic gear. 🤌🏼
https://www.vogue.com/article/ralph-lauren-2026-team-usa-uniforms-winter-olympic-games
Hot combo, see-through organza floral lace dress, smokey grey sneakers, hot orange bag, accentuated make-up, and we are done ✅ .
I sometimes wish, it would be that easy 😆
Palais Bulles - the most fashionable
Construction of the villa was completed in 1989, and it was purchased that same year by Pierre Cardin. In the 1990s, the villa buzzed with glamorous social life and remains a venue for fashion shows to this day.
Photo from the Dior show in 2016, in the third picture the villa's owner - Pierre Cardin.
Photographer: Benoit Tessier
I truly believe we will not evolve beyond our current mental ceilings as a species if we all keep on wearing the same "normal" clothes we've worn since the 1960s.