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American luxury-goods companies have long wanted to build a multibrand rival to take on the European giants that dominate the industry. Tapestry and Capri said the deal could lower their costs by $200 million over the next three years. Tapestry is taking on a lot of debt via an $8 billion bridge loan — the largest M.&A. And Capri depends heavily on Michael Kors, which generates 70 percent of its revenue. By comparison, Versace, Capri’s only real luxury brand, accounts for just a fifth of sales.

Persons: Kate Spade, Michael Kors, Versace, Tapestry, Salvatore Ferragamo, They’ve, Capri, Capri’s Organizations: Burberry, Street

☆ Retailers take center stage in the week ahead, as Wall Street turns to the consumer for a much-needed boost
▼ + stars: | 2023-08-11 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

A raft of economic data and big retail earnings reports next week will give traders insight into the strength of the consumer after a mixed batch of inflation data. "Next week is all about the consumer," said Shannon Saccocia, investment chief at NB Private Wealth. The Nasdaq Composite fell for a second straight week for the first time in 2023 after mixed inflation data this week, as well as Moody's downgrading several regional banks. July's consumer price index came in weaker than expected, but continued to show some underlying stickiness. Housing data expected to show strength Investors will also watch data on what has been a strong housing market.

Persons: Shannon Saccocia, Saccocia, —, we've, John Porter, it's, Wealth's Saccocia, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo, Michael Kors, That's, Sam Stovall, Stovall, CFRA's Stovall, Estee Organizations: Home Depot, Walmart, Federal Reserve, Nasdaq, Dow Jones, Newton Investment Management, FactSet, . Discount, TJX Companies, Ross, Homeowners, Price, Retail, Health, Home, Agilent Technologies, Housing, Manufacturing, TJX, Target, Cisco Systems, Philadelphia Fed, Applied, Deere, Co, Companies, Palo Alto Locations: U.S, NAHB, Housing States

☆ Coach owner's Michael Kors deal creates US giant to take on European luxury rivals
▼ + stars: | 2023-08-10 | by ( Aishwarya Venugopal | ) www.reuters.com time to read: +3 min

Aug 10 (Reuters) - Coach parent Tapestry (TPR.N) will buy Michael Kors owner Capri Holdings (CPRI.N) in a deal valued at $8.5 billion, creating a U.S. fashion powerhouse to challenge larger European rivals for a bigger share of the global luxury market. Thursday's deal will also bring under one roof Tapestry's more affordable luxury brands Kate Spade, Stuart Weitzman and Capri's Jimmy Choo and Versace labels. That compares with about $87 billion for LVMH last year and roughly $23 billion for another European rival Kering (PRTP.PA). The deal will help Capri revive its Michael Kors brand under "better management" at Tapestry after weak sales in the past few quarters, analysts said. In the same year, Capri, formerly known as Michael Kors, acquired British shoemaker Jimmy Choo for $1.2 billion.

Persons: Michael Kors, Tiffany, Louis Vuitton, Thursday's, Kate Spade, Stuart Weitzman, Jimmy Choo, Versace, Morningstar, Jelena Sokolova, Tapestry, Neil Saunders, Capri, Joanne Crevoiserat, Kering, Valentino, LVMH, Aishwarya Venugopal, Savyata Mishra, Deborah Sophia, Chandni Shah, Sonia Cheema Organizations: Capri Holdings, Dior, Capri, Thomson Locations: Paris, U.S, Capri, Bengaluru

☆ Coach Owner Strikes $8.5 Billion Deal for Parent of Michael Kors, Versace
▼ + stars: | 2023-08-10 | by ( Lauren Thomas | Cara Lombardo | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, michael, 91912d7

☆ Coach owner creates US luxury giant with $8.5 bln deal for Michael Kors parent
▼ + stars: | 2023-08-10 | by ( Aishwarya Venugopal | ) www.reuters.com time to read: +2 min

Aug 10 (Reuters) - Coach parent Tapestry (TPR.N) will buy Michael Kors owner Capri Holdings (CPRI.N) in a deal valued at $8.5 billion, creating a top U.S. fashion house that can better compete with larger European rivals in the global luxury market. Tapestry will pay Capri shareholders $57 per share in cash, or $6.69 billion, representing a premium of nearly 65%. In the same year, Capri, formerly known as Michael Kors, acquired British shoemaker Jimmy Choo for $1.2 billion. LVMH, the world's largest luxury group, closed its $15.8 billion acquisition of Tiffany in early 2021. The Wall Street Journal first reported about a potential deal between Capri and Tapestry late on Wednesday.

Persons: Michael Kors, Tapestry's, Kate Spade, Stuart Weitzman, Jimmy Choo, Versace, Tiffany, Louis Vuitton, Neil Saunders, John Idol, Capri, Gucci, Valentino, LVMH, Chandni Shah, Aishwarya Venugopal, Sonia Cheema Organizations: Capri Holdings, Capri, Dior, Inc, Street Journal, Thomson Locations: U.S, Capri, Bengaluru

☆ Stocks making the biggest moves premarket: Capri, Tapestry, AppLovin, Disney and more
▼ + stars: | 2023-08-10 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines before the bell:Capri , Tapestry — Capri soared more than 57%, while Tapestry slid 3.2% in premarket trading. AppLovin — AppLovin shares popped 25.8% in early morning trading after the company posted strong second-quarter results and optimistic third-quarter revenue guidance. The game developer said it expects $780 million to $800 million in revenue for the third quarter, exceeding the $741 million expected by analysts. AppLovin reported earnings of 22 cents per share for the second quarter, while analysts expected 7 cents, according to Refinitiv. The amusement park company reported earnings of 25 cents per share on revenue of $444.0 million.

Persons: Kate Spade, Versace, Jimmy Choo, Michael Kors, AppLovin, Sonos, Refinitiv, Walt Disney, — Illumina, Yun Li, Jesse Pound, Pia Singh Organizations: Capri Holdings, Capri, Wynn, Wynn Resorts, Walt Disney —, Disney, Six Locations: Alibaba, China

☆ Coach Owner to Buy Parent of Versace in Luxury Mega Merger
▼ + stars: | 2023-08-10 | by ( Jordyn Holman | More About Jordyn Holman | ) www.nytimes.com time to read: +1 min

The companies said the merger also presented an opportunity to increase their direct-to-consumer business and save them $200 million in operating and supply-chain costs within three years. Tapestry’s stock was down 3 percent before the market open on Thursday. On Wednesday, before the news was announced, Capri’s stock closed at just under $35. “This has put pressure on Tapestry and Capri, both of which are now looking to international markets to bolster growth. There is more security in embarking on bold international plans as a larger entity.”

Persons: ” Joanne Crevoiserat, ” John D, ” Neil Saunders Organizations: Capri

Tapestry , the fashion conglomerate behind Coach and Kate Spade, will acquire competitor Capri Holdings in a $8.5 billion deal announced on Thursday. It brings together six fashion brands: Tapestry's Coach, Kate Spade and Stuart Weitzman and Capri's Versace, Jimmy Choo and Michael Kors. Shares of Capri surged 58% in premarket trading to just under the per-share deal price, while shares of Tapestry roughly 4%. It's started to run a similar playbook with Kate Spade. Tapestry has also looked other parts of the world to drive growth, such as chasing higher sales in China.

Persons: Kate Spade, Stuart Weitzman, Capri's Versace, Jimmy Choo, Michael Kors, Kirsten Dunst, It's, We've, Joanne Crevoiserat, John Idol, Morgan Stanley Organizations: Capri Holdings, Capri, Disney, Bank of America Locations: American, China

☆ Tapestry and Capri are combining in an $8.5 billion deal
▼ + stars: | 2023-08-10 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

Tapestry Inc., which owns Kate Spade and Coach, announced Thursday that it’s acquiring Capri Holdings, the parent company of Michael Kors and Versace. The $8.5 billion deal could help them better compete against their higher-end European rivals. Under terms of the deal, Capri shareholders will get $57 per share. Coach changed its parent name to Tapestry in 2017 and Michael Kors switched to Capri after it bought Versace in 2018. Those warning signs have “put pressure on Tapestry and Capri, both of which are now looking to international markets to bolster growth,” Saunders said.

Persons: New York CNN — Michael Kors, Kate Spade, Michael Kors, Versace, Stuart Weitzman, Jimmy Choo, Neil Saunders, ”, Jean, Jacques Guiony, ” Saunders Organizations: New, New York CNN, Tapestry Inc, Capri Holdings, ”, Capri Locations: New York, United States

☆ Coach owner Tapestry acquires rival Capri Holdings for $8.5 billion adding Michael Kors and Versace to its offering to create a US fashion giant
▼ + stars: | 2023-08-10 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +2 min

Coach owner Tapestry is buying Capri Holdings, the parent company of Michael Kors, for $8.5 billion. The new deal gives Tapestry greater influence in the luxury market and could bolster growth internationally. Capri is the parent company of well-known fashion brands Michael Kors, Versace, and Jimmy Choo. And it could give Tapestry greater influence in the luxury market to take on European powerhouses LVMH and Kering, which own a string of luxury brands including Louis Vuitton, Tiffany's, and Gucci. By acquiring Capri, Tapestry will add three well-known luxury brands to its roster.

Persons: Tapestry, Michael Kors, Kate Spade, Versace, Jimmy Choo, Louis Vuitton, Gucci, Neil Saunders, it's Organizations: Capri Holdings, Service, GlobalData Locations: Wall, Silicon, Tiffany's

☆ Stocks making the biggest moves midday: AppLovin, Roblox, Tapestry, Alibaba and more
▼ + stars: | 2023-08-10 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

AppLovin said it anticipates revenue to range between $780 million and $800 million, ahead of the $741 million expected by analysts, per Refinitiv. Alibaba — U.S.-traded shares rose 4.3% Thursday after the Chinese company beat analysts' expectations and posted its biggest year-over-year revenue growth since 2021. In the June quarter, the company posted revenue of 234.16 billion yuan versus 224.92 billion yuan expected, per Refinitiv. Earlier this week, Fleetcor posted adjusted earnings of $4.19 per share on revenue of $948.2 million. Analysts polled by FactSet called for earnings of $4.17 per share on revenue of $945 million.

Persons: Kate Spade, AppLovin, Alibaba, Versace, Jimmy Choo, Michael Kors, Wynn, Refinitiv, Jefferies, Truist, Nick McKay, Fleetcor, FactSet, — CNBC's Brian Evans, Hakyung Kim, Samantha Subin, Jesse Pound, Yun Li, Alex Harring Organizations: Disney —, Disney, Capri Holdings, Capri, Wynn, —, Penn Entertainment, Disney's ESPN, Wedbush Locations: Marina, Sands, Singapore, Alibaba —, Wednesday's

☆ Coach is the new 'cool girl' brand for Gen Z
▼ + stars: | 2023-08-10 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

After years of sluggish sales, Coach is seeing regained interest from Gen Z consumers. Gen Z increased its spending on Coach by 10% so far this year, according to a new report. According to a consumer spending report from Earnest Analytics, consumers under the age of 25 increased their spending on the Coach brand by 10% from January through June of this year. Once self-touted as "accessible luxury," Coach has since updated that message and its offerings to reinvent itself. In doing so, it hoped to tap into Gen Z and Millennial shoppers' values and re-elevate its luxury status.

Persons: Gen, Lil Nas, Earnest, Camila Mendes, Joon Silverstein, Coach's, Silverstein, Z, Todd Kahn, Nas X, Kate Spade, Stuart Weitzman, Michael Kors, Jimmy Choo, Versace Organizations: Service, Vogue Business, Business, Fashion, Capri Holdings, Capri Locations: Wall, Silicon, Riverdale, American, York

☆ Coach Owner Near Deal to Take Over Parent of Michael Kors, Versace
▼ + stars: | 2023-08-09 | by ( Lauren Thomas | Cara Lombardo | ) www.wsj.com time to read: 1 min

Persons: Dow Jones, michael, 91912d7

☆ Fall’s Sinuous New Silhouettes
▼ + stars: | 2023-08-09 | by ( Bharat Sikka | Raphael Hirsch | ) www.nytimes.com time to read: 1 min

From left:dress, price on request, versace.com earrings, $1,200, balenciaga.com shoes, $640, guirosa.com ; and stylist’s own bracelets and tights.top, $6,500, and skirt, $5,500;shoes, $840;earrings; model’s own nose ring (worn throughout); and stylist’s own bracelets and tights.dress, $3,800, ferragamo.com shoes, $840; and stylist’s own bracelets and tights. From left: Versace dress, price on request, versace.com; Balenciaga earrings, $1,200, balenciaga.com; Gui Rosa shoes, $640, guirosa.com; and stylist’s own bracelets and tights. Versace top, $6,500, and skirt, $5,500; Gui Rosa shoes, $840; Balenciaga earrings; model’s own nose ring (worn throughout); and stylist’s own bracelets and tights. Ferragamo dress, $3,800, ferragamo.com; Gui Rosa shoes, $840; and stylist’s own bracelets and tights.Credit...Photograph by Bharat Sikka. Styled by Raphael Hirsch

Persons: Gui Rosa, Versace, Bharat Sikka, Raphael Hirsch

☆ This Barbie Is Now on Strike
▼ + stars: | 2023-07-17 | by ( The Styles Desk | ) www.nytimes.com time to read: +1 min

The actors’ strike has hit the brakes on the hot pink convertible that is the “Barbie” film’s press tour. That means the parade of neon fashion led by Ms. Robbie has probably come to an end. But several of the actress’s best looks took inspiration from Barbie’s clothing archive, including a black-and-white-striped swimsuit the doll wore when it was introduced in 1959, a prim skirt suit from the ’80s and a swirly minidress Barbie wore in the ’90s. Those outfits, seen here alongside the Barbie clothes that inspired them, struck the exact right balance between kitschy and chic. “It’s not subtle,” Ms. Robbie said in an interview with People, “but it’s very fun!”

Persons: ”, Margot Robbie, Ryan Gosling, Greta Gerwig’s, Robbie, Andrew Mukamal, Versace, Vivienne Westwood, prim, Barbie, Ms Organizations: SAG

☆ Jeweller Bulgari apologises after Taiwan listing sparks fury in China
▼ + stars: | 2023-07-11 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +1 min

SHANGHAI, July 11 (Reuters) - High-end jeweller Bulgari has apologised after allegedly listing Taiwan as independent from China on an overseas website, sparking a furious response on Chinese social media. The company and its Chinese celebrity ambassadors became trending topics on China's Twitter-like Weibo platform after users spotted the country drop down menu on Bulgari's website. The controversy prompted state media outlet Global Times to post on social media that: "Taiwan is an inalienable part of China's territory and cannot be listed as a country". It's not the first foreign brand to face the wrath of Chinese social media users aggrieved about a perceived territorial slight. Reporting by Casey Hall Editing by Ed Osmond and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Bulgari, It's, Versace, Casey Hall, Ed Osmond, Mark Potter Organizations: Twitter, Times, Givenchy, Thomson Locations: SHANGHAI, Taiwan, China, Hong Kong, Macau

☆ See Margot Robbie’s best outfits from the ‘Barbie’ press tour
▼ + stars: | 2023-07-06 | by ( Jacquelyn Palumbo | Jacqui Palumbo | ) edition.cnn.com time to read: +2 min

CNN —She may be a Barbie girl in a Barbie world, but the boundaries between Barbieland and real life are blurring as Margot Robbie undertakes her whirlwind international press tour for the Greta Gerwig-directed movie, out later this month. Han Myung-Gu/WireImage/Getty ImagesIn Sydney, Robbie wore a shimmering Versace mini dress. Richard Milnes/ShutterstockRyan Gosling and Robbie at a press event in Los Angeles, where Robbie wore Valentino. Jon Kopaloff/Getty ImagesRobbie's polkadot Valentino dress was a nod to the 'Pink and Fabulous' Barbie doll from 2015. Mattel; Jon Kopaloff/Getty Images NorthRobbie in Versace at a "Barbie" fan event on July 1.

Persons: Margot Robbie, Greta Gerwig, Robbie, Andrew Mukamal, Mukamal, Herve Leger, ’ Barbie, Versace, Chung Sung, Zendaya, ” Jenna, ”, Jeremy Scott, Barbie, Han Myung, Richard Milnes, Shutterstock Ryan Gosling, Valentino, Jon Kopaloff, polkadot Valentino, James Gourley Organizations: CNN, Mattel, ”, Halle Bailey’s, Warner Bros . Pictures, Warner Bros . Locations: Seoul, Moschino, Sydney, Los Angeles

☆ Remember when Paris Hilton channeled ‘Barbiecore’ to a Britney Spears’ 2001 concert?
▼ + stars: | 2023-06-22 | by ( Faye Bradley | ) edition.cnn.com time to read: +5 min

And in November 2001, the hotel heiress made a fashion statement that etched itself in the annals of noughties style. To top it off, she wore a tiara, applied a glossy pink lip and pink eyeshadow and clutched onto a furry Barbie-branded handbag. At just 20 years old, Paris Hilton — pictured here with Nicole Richie as the pair attended a Britney Spears concert in Las Vegas — was already being dubbed a culture-defining noughties "It Girl." In a playful mauve take on the label's classic tweed separates, Naomi Campbell walks the runway during Chanel's Spring-Summer 1994 show. Paris Hilton walks the runway during Versace's Spring-Summer 2023 show on September 23, 2022 in Milan.

Persons: CNN —, Paris Hilton, Greta Gerwig, Margot Robbie, July’s, Barbie, Hilton, bestie Nicole Richie —, Britney Spears, Nicole Richie, Las Vegas —, ”, —, Paris, Oscar de la, Christian Dior, Ralph Lauren, Barbiecore, supermodels Naomi Campbell, Claudia Schiffer, Carla Bruni, Naomi Campbell, Michel Arnaud, Corbis, Thierry Mugler’s, Herve Leger, Cindy Crawford, Karen Mulder, Eva Herzigova, Moschinos’s, Mattel’s plaything, Vittorio Zunino Celotto, Barbie dreamhouse, Mary Jane heels, She’s Organizations: CNN, Paris, New, Hollywood Locations: ”, Las Vegas, Paris, New York, Los Angeles, tweed, Couture, Milan, Bahamas

☆ The Best Men’s Bathing Suits for Swimming and Sunning
▼ + stars: | 2023-06-11 | by ( ) www.wsj.com time to read: +6 min

There’s no shortage of options out there—that’s why we polled a handful of style pros on the best suits to shop. Stretch swim trunksKeep it classic with another favorite of Singh’s: These 6-inch inseam shorts from J.Crew. He considers these Banana Republic swim shorts worthy of water and land, given their zip fly and fade-proof fabric. Fun and flashyLet’s say you’re in the market for a playful bathing suit, something that feels as liberating as a summer Friday. And at $50 a pair, there’s no harm if you want to get a second suit that’s a little less leggy.

Persons: Erika Veurink, Steve Cole, Arjan Singh, Jolie, Singh, ”, “, Leo Chan, Chan, Chris Xaviar, Xavier, Carrie Birdwell Mann, Cole Habersham, Vilebrequin, Cole, Xaviar, Habersham Organizations: XXL, Banana, Newport, Abercrombie, Nike Locations: New York City, Los Angeles, oxford, Newport Beach, Calif, California, Toronto

☆ Barbiecore? Mermaidcore? A Grown-Up’s Guide to Summer’s Viral Trends
▼ + stars: | 2023-06-10 | by ( Faran Krentcil | ) www.wsj.com time to read: 1 min

Barbiecore “ignites my soul,” makeup artist Victoria Lyn recently told her 5.3 million TikTok followers from her Pensacola, Fla., studio. For the uninitiated, Barbiecore is a pink-drenched fashion craze that pranced into the zeitgeist last year after hot-pink collections from Valentino and Versace appeared on celebrities and on-set images from Greta Gerwig’s “Barbie” film (out July 21) emerged online. Lyn claimed the trend “is here to slay for the summer.” Considering #Barbiecore currently has over 350 million views on TikTok, her prediction might well come to pass.

Persons: Victoria Lyn, Valentino, Versace, Greta Gerwig’s “ Barbie, Lyn Locations: Pensacola, Fla, TikTok

☆ Adidas to donate Yeezy proceeds to Anti-Defamation League and other NGOs
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +3 min

[1/4] Rapper Kanye West talks on the phone before attending the Versace presentation in New York, U.S. December 2, 2018. Adidas cut ties with West, who goes by Ye, in October after he made a string of antisemitic comments in interviews and on social media. The German sportswear maker was left with Yeezy shoes worth 1.2 billion euros ($1.3 billion). The value of Yeezy shoes in the resale market has rocketed since then, with some models more than doubling in price. Adidas said there could be further releases of Yeezy stock but no decisions have been made on timing.

☆ Adidas to start selling Yeezy shoes at the end of May
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +2 min

[1/4] Rapper Kanye West talks on the phone before attending the Versace presentation in New York, U.S. December 2, 2018. REUTERS/Allison JoyceFRANKFURT, May 19 (Reuters) - Adidas will start selling some of the shoes from its defunct Yeezy partnership with rapper Kanye West at the end of May, the company said on Friday, and plans to donate the proceeds to selected organisations combating racism and hate. The news fleshes out plans initially outlined last week and follows Adidas' move to cut ties with West over anti-Semitic comments made last year, leaving the German sporting goods maker with Yeezy brand shoes worth 1.2 billion euros ($1.3 billion). The initial sale of some of the shoes marks the first time the products have been available to customers since Adidas (ADSGn.DE) terminated the partnership in October 2022. Among others, planned recipients of the proceeds include the Anti-Defamation League (ADL) and the Philonise & Keeta Floyd Institute for Social Change, Adidas said.

☆ How to Wear a Sari? A New Exhibition Counts the Ways.
▼ + stars: | 2023-05-19 | by ( Phyllida Jay | ) www.nytimes.com time to read: +1 min

The sari, in essence, is a six- to nine-yard cloth draped freely around the body. In April, Zendaya wore a sparkling deep-blue sari by Rahul Mishra on a red carpet in Mumbai, India. At the 2022 Cannes Film Festival, the Indian actress Deepika Padukone wore a shimmering gold-and-black sari by Sabyasachi Mukherjee that Vogue France called “the star piece” of the festival. Ms. Poonawalla’s Met Gala sari is among the pieces featured in a new exhibition, “The Offbeat Sari,” opening on Friday at the Design Museum in London. The show, which runs through September, explores how the sari is being newly defined, said Priya Khanchandani, the head of curatorial at the museum.

☆ Avedon at 100: Celebrities select the famed photographer’s best works
▼ + stars: | 2023-05-15 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +9 min

courtesy Richard Avedon/The Richard Avedon FoundationWhen Hillary Clinton, then a US Senator, arrived for a shoot with Avedon in 2003, she recalled him looking at her and saying, "I've seen this image before." courtesy Richard Avedon/The Richard Avedon FoundationFashion designer Miuccia Prada selected this image of Boyd Fortin, a teenaged rattlesnake skinner from Texas, taken in 1979. courtesy Richard Avedon/The Richard Avedon FoundationFashion designer Calvin Klein selected this infamous campaign image from his label's archives. courtesy Richard Avedon/The Richard Avedon FoundationFilmmaker Sofia Coppola chose this iconic 1958 photograph of model China Machado. courtesy Richard Avedon/The Richard Avedon Foundation“Avedon 100” is on view at Gagosian in New York through June 24.

☆ Yes, Sophisticated Going-Out Tops Exist—and They Look Nothing Like What You Wore in the 2000s
▼ + stars: | 2023-04-29 | by ( Emilia Petrarca | ) www.wsj.com time to read: 1 min

IT WAS BOUND to happen at some point. Along with low-rise jeans, the recent Y2K-style renaissance has resurrected going-out tops. If you’re over 30, you no doubt remember them—those sexy, strappy, sometimes bedazzled and always bordering-on-bad-taste camisoles that Paris Hilton and her ilk wore while cavorting at night clubs. Now they’ve reappeared, most notably at Celine’s recent Los Angeles show (in shimmering gold) and on Versace’s spring runway (in sheer, beaded violet). But as Gen Z and the TikTok set embrace this dubious early-2000s look, women who wore it the first time are wondering what to sport for a stylish night out that doesn’t channel Tara Reid circa 2003.

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