Tuesday, 26 May 2026
Monday, 25 May 2026
The devil owns Amazon: big tech has infiltrated the fashion world - will we see a revolt?
The devil
owns Amazon: big tech has infiltrated the fashion world - will we see a revolt?
Anna
Wintour has welcomed the Bezoses – and their patronage – with open arms. But
after a controversial Met Gala, industry insiders are less enthusiastic
Hannah
Marriott
Sun 24
May 2026 14.00 CEST
https://www.theguardian.com/fashion/2026/may/24/met-gala-jeff-bezos-anna-wintour
The press
conference for the Met Costume Institute’s spring exhibition is always a
stately affair, but this year it was giving “feudal lady addresses her serfs”
or perhaps “Marie Antoinette during the last days of Versailles”. Here, among
the spectacular marble sculptures of the art museum’s American wing, was a
beaming Lauren Sánchez Bezos, who Anna Wintour introduced as a “force for joy”,
before adding that “she and her husband, Jeff, have shown with this event that
they genuinely, genuinely care about giving back”. Meanwhile, in the outside
world, protests against the Bezoses’ involvement had been raging for days. The
discrepancy between the word on the street and the deference within the
glass-ceilinged room was head-spinning.
The Met
Gala has recently become a magnet for anti-excess protests, but this was its
most controversial yet, owing to the $10m patronage of its honorary co-chairs,
centibillionaires Jeff Bezos and Lauren Sánchez Bezos. It was not the first
time Jeff Bezos bankrolled the gala – Amazon was its lead sponsor in 2012. But
this year’s event came at a moment of soaring inequality, as Bezos’s personal
wealth has mushroomed and his Donald Trump-appeasing decisions have made him
less popular than ever with New York City’s left-leaning fashion and arts
crowd.
In
protest of the gala, the group Everyone Hates Elon projected interviews with
disgruntled Amazon workers on to the side of Bezos’s Manhattan penthouse and
circulated 300 containers of fake urine within the museum, to highlight Amazon
drivers’ reports of having to work so relentlessly they must pee in bottles.
Some of the pushback came from fashion insiders themselves: former US Vogue
editor Gabriella Karefa-Johnson co-hosted a rival Ball Without Billionaires,
putting Amazon workers on the catwalk, and turned down work with a dream client
to boycott the event. “Fashion has always had a talent for laundering. In these
moments, it wraps the most sinister individuals in silk, under the warm glow of
flashing lights, and manages to convince us it’s culture. This is not new. But
I have my limits,” Karefa-Johnson wrote on her Substack.
A further
strand of criticism came from a very unlikely source: The Devil Wears Prada 2,
a movie whose iconic editrix, Miranda Priestly, was inspired by Wintour
herself. Released a few days before the gala, its spookily on-the-nose plot
centred on tech baron Benji Barnes’s attempts to buy the depleted Runway
magazine for his girlfriend, Emily. While Barnes is a fictional character, he
has certain Bezos-like qualities, including his post-divorce makeover (in the
movie it is fueled by Sculptra, Ozempic and testosterone shots), and the
storyline echoes unsubstantiated rumors that Bezos wants to buy Vogue for his
wife. Barnes delivers a chilling monologue about AI, anticipating a world where
the magazine will publish without human involvement. “The future just comes
rushing at us like the lava of Pompeii,” he says, with a shrug, while Priestly
– the villain of the first movie – heroically pushes back. She slams Emily’s
efforts to muscle her way into Runway using her partner’s cash with the very
Priestly burn: “You’re not a visionary, you’re a vendor.”
According
to screenwriter Aline Brosh McKenna, the plot’s similarity to real-world
rumours is a coincidence – but casting a rapacious Silicon Valley oligarch as
tyrant to the fashion class in one of the year’s biggest popcorn movies is also
a reflection of the zeitgeist. The cultural backlash has been such that you
have to wonder whether fashion’s burgeoning relationship with the barons of
tech will rupture.
The Met
Gala plays a unique role in fashion culture, as the only major annual red
carpet that enables designers to pursue their wildest, most creative instincts
– which is why the frocks are so much riskier, and at times hilarious, than
those at the Oscars. The gala also funds the Met’s Costume Institute, one of
the world’s biggest and most comprehensive collections of historical clothing,
and its exhibitions, the most recent of which, Costume Art, saw Sánchez Bezos
(and her cash) playing a particularly prominent role. This year, the gala
raised $42m. Tickets were a chilling $100,000, up from $35,000 in 2022, an
inflation coinciding with an increasingly tech-oriented guestlist, which
included Google co-founder Sergey Brin, Mark Zuckerberg and staff from OpenAI.
Any suggestion that Bezos, Brin and Zuckerberg, who have buddied up to Trump as
his administration has defunded the arts, attended the Met Gala because they
care about the preservation of archival garments feels slightly ridiculous.
What the
tech barons do want from fashion, seemingly, is cultural cachet. For the
Bezoses, the event is just the latest in an ongoing campaign to win fashion
kudos, much of it facilitated by US Vogue. The magazine ran a glowing Sánchez
Bezos profile in 2023, then doubled down on that endorsement with a digital
wedding cover in 2025. In the past six months, the couple has sat front row at
Paris fashion week shows, and announced donations of tens of millions of
dollars in grants and scholarships devoted to sustainable fabrics. Wintour, who
stepped down from her role as editor of US Vogue in 2025 to take on a bigger
role at publisher Condé Nast, continues to oversee the Met Gala. She has a
history of bringing people she deems culturally and commercially potent into
the fashion fold – Kim Kardashian, for example – even when the peanut gallery
argues they have not earned the prestige. The industry usually sees things
Wintour’s way. Indeed, many top designers have worked with Sánchez Bezos,
including “image architect” Law Roach and Schiaparelli, who dressed her for the
Met Gala in her preferred cleavage-centric, hourglass aesthetic (though,
tellingly, on Instagram, neither appears to have put an image of their work on
the grid).
As the
dust settled on the gala, the fashion insiders I spoke to expressed continued
discomfort about the Bezos sponsorship, which they felt was disappointingly
representative of the direction at Condé Nast, which recently closed its most
progressive outlet, Teen Vogue. They were disappointed too, that so many
otherwise politically vocal celebrities attended the gala despite the outcry.
(Those who glided down the red carpet included Anne Hathaway, Bad Bunny,
Rihanna, Margot Robbie, Beyoncé, Nicole Kidman and Venus Williams. Taraji P
Henson and Mark Ruffalo were among the few to post anti-Amazon videos; media
reports of boycotts from Meryl Streep and Zendaya were not confirmed.)
I think
fashion is going to continue to embrace [the Bezoses]. The question is whether
they become normalized
Amy Odell
But then,
the insiders I spoke to themselves did not feel able to speak out. One creative
in the fashion world told me that he had found the event “horrific” and “naff”.
“If it was up to me, it would be the end of the Met Gala,” he said, but he did
not want to slam good friends – designers and stylists – who had worked on red
carpet looks. Another emerging designer, whose work appeared in the Costume
Institute’s spring exhibition, told me she was not aware of the Bezoses’
involvement until long after she had started working on the show. She felt
deeply conflicted about the whole thing, concerned that she was being
tokenized, “because we know that the Jeff Bezoses of this world don’t care what
broke people have to say”. Ultimately, she decided she could not turn down the
exposure. “It’s so hard to try to fight it before you have any power to make
change.”
The
situation in fashion feels bleak, she said. One of the reasons that tech
billionaires are on trend is because so many luxury brands – the customary
sponsors of exhibitions like the Met’s – are struggling. Last year, Burberry
announced plans to cut 1,700 jobs while Kering, which owns Gucci, Saint Laurent
and Balenciaga, closed 133 stores. “It’s hard to watch: people who have been
working for years in the industry that should be protected and have given so
much of their creativity, are getting laid off, losing work,” the designer
said. “And, at the moment, people like the Bezoses are the only ones funding
this stuff.”
For all
the backlash, Amy Odell, fashion journalist and author of the Back Row
newsletter, doesn’t think the tech billionaires are going anywhere. She doesn’t
buy the rumours of Bezos acquiring Vogue, but there are so many other reasons
why he would want to be part of the fashion industry. Amazon has long sought to
get closer to luxury fashion, facing sometimes haughty rebuffs (LVMH chief
financial officer Jean-Jacques Guiony said in 2016 that “the business of Amazon
does not fit with LVMH full stop”).
And there
is the glamour, of course. Maybe the Bezoses are wooing fashion because “it’s
fun for them,” Odell speculated. “He’s having a midlife crisis, he’s getting
some new clothes. His wife wants to be photographed and in the spotlight.” In
an oligarch attention economy, she theorized, “the tech people you can name”
are becoming the Kardashians. “They bring publicity. I think fashion is going
to continue to embrace them. The question is whether they become normalized the
way the Kardashians did.”
There are
even more reasons those at the top of the fashion industry would be keen for
this to happen. For one thing, Sánchez Bezos is what Odell describes as “a
VIC”, or very important client, one of the “2% of luxury buyers who account for
40% of sales – that’s the bread and butter for luxury brands, not aspirational
customers”. Condé Nast, meanwhile, would view Bezos as an ally, whether for Met
Gala-style donations or for deals such as a recent agreement allowing Amazon to
pull content from Conde’s publications for AI-generated podcasts.
Whether
because the gala has become so complex and incendiary, or because Wintour, 76,
will one day retire, the Costume Institute does seem to be considering its next
move. Its lead curator, Andrew Bolton, told the New York Times that by 2028 or
2030 the institute will have saved enough money in a “quasi endowment” that it
will no longer need annual gala support. Bolton said: “The Met Gala is
extraordinary, but sometimes it dwarfs everything,” and added that the
department’s reliance on it felt precarious. “What if there was another global
disaster, and people were like, ‘I can’t come to a party?’” Each year, he said,
the gala has become bigger and more high profile, and “there will be a point
where that’s not sustainable”.
That
said, Odell points to a post-gala podcast interview with Condé Nast’s CEO,
Roger Lynch, in which he said that this year’s controversy was “good … the
intrigue around this event just seems to grow!” Perhaps, Odell said, “they
count on the internet’s memory being short. Perhaps they just don’t care,
because they don’t talk to normal people.”
If it’s
true that those at the top of the industry can’t hear the outcry from the
little people at all, it’s easy to imagine the gala – and the luxury industry
it represents – spinning ever further into oligarchland, with tech barons
playing all of the starring roles.
At which
point, the creatives whose ideas and elan have always driven the fashion
industry forward may not want to cheer them on. They may want to eat them.
Sunday, 24 May 2026
Son of Mango fashion chain founder arrested in Spain over death of father
Son of
Mango fashion chain founder arrested in Spain over death of father
Catalan
police questioning Jonathan Andic over father Isak Andic’s apparent fall down a
mountain ravine in 2024
Sam Jones
in Madrid
Tue 19
May 2026 13.35 BST
Police in
Catalonia have arrested the son of Isak Andic, the founder of the fashion chain
Mango, and are questioning him in connection with the death of his father in
the mountains near Barcelona almost 18 months ago.
Andic,
who was 71, died in December 2024 after apparently falling 100 metres down a
ravine while hiking in Montserrat with his son, Jonathan. His death prompted
tributes from politicians, journalists and the fashion world.
Although
an initial investigation by the Catalan police, the Mossos d’Esquadra, had
regarded it as an accident, officers and judicial sources told El País and La
Vanguardia last year that the case was being treated as a possible homicide.
On
Tuesday, the Mossos d’Esquadra said Jonathan Andic, who is now vice-chair of
the Mango board, had been arrested. A spokesperson for the family confirmed he
was being questioned over his father’s death.
“The
cooperation has been, and will remain, total,” the spokesperson said, adding
that the family was confident of Jonathan Andic’s innocence.
El País
reported last year that police had found no direct or definitive evidence to
explain what happened in the ravine, but had “come across a series of clues
which, when taken together, had led them to move away from the idea of a mere
accident and toward the possibility of a homicide”.
La
Vanguardia reported that the judge overseeing the case changed Jonathan Andic’s
official status from witness to possible suspect in September last year.
The Andic
family issued a statement to the media at the time, saying: “The Andic family
has not and will not comment on Isak Andic’s death in all these months.
“However,
they wish to show their respect for the ongoing investigations and will
continue to cooperate with the relevant authorities, as they have done so far.
They are also confident that this process will be concluded as soon as possible
and that Jonathan Andic’s innocence will be proved.”
Isak
Andic, who was born to a Sephardic Jewish family in Istanbul in 1953, emigrated
to Catalonia with his relatives in the late 1960s and started selling T-shirts
to fellow high school pupils.
He
progressed to running a wholesale business and sold clothes in street markets
before opening his first Mango store in 1984.
“He saw
that we needed colour, style,” Mango’s global retail director, César de
Vicente, told Agence France-Presse in March last year.
Andic
soon opened dozens more stores around Europe and “realised that having the same
name, having the same brand, in all the shops would make the concept much
stronger”, added De Vicente.
Saturday, 23 May 2026
Friday, 22 May 2026
The Astonishing Story of Harris Tweed
This
documentary produced by Sartorial Talks explores the astonishing world of one
the most famous fabrics in the world : the iconic Harris Tweed, produced on the
remote islands of the Outer Hebrides of Scotland by a community of people who
still weave by hand at home. Harris Tweed is the only fabric in the world which
is protected by an act of Parliament which defines exactly how to produce it in
order to print on it the famous Orb label. A fascinating story of people
working in harmony with their land and their traditions.
Thursday, 21 May 2026
Wednesday, 20 May 2026
Tuesday, 19 May 2026
Monday, 18 May 2026
Sunday, 17 May 2026
Saturday, 16 May 2026
Friday, 15 May 2026
Oldfield Outfitters
Joe
Oldfield - 07903 485246
You are
welcome to visit us, by appointment, at;
The Old
Rectory, Pinfold Lane, Hindolveston, Norfolk NR20 5BX
Our
Story...
https://www.oldfieldclothing.com/pages/about-us/
THE
INSPIRATION
Our story
starts with my grandfather, a man whose life was woven into the fabric of
Courtaulds Textile, where he worked for his entire career. He began as a tea
boy at 18 and remained with the company until his retirement. His service,
however, was interrupted by World War II, where he commanded a fleet of
minesweepers. A true “English Gentleman,” he had an impeccable sense of style,
always embracing the latest fashions. His love for fashion went hand in hand
with his other passion: motor cars. Many of our designs are inspired by the
wardrobe he wore, both in times of war and peace.
OUR STORY
BEGINS IN BORANUP, WESTERN AUSTRALIA
The spark
for our brand came in 2003 during a road trip through Western Australia. It was
then that I came up with the idea of asking a local knitting club to create
sweaters based on vintage knitting patterns. My aim was to recreate the
timeless, elegant designs of the 1920s-40s, an era when clothing was built to
last. With a deep appreciation for fashion and vintage luggage from this time,
I knew I had to bring this vision to life.
FAST
FORWARD
Eight
years later, now working as a golf professional in Brancaster, England, we had
our first sweaters knitted by an elderly lady named Dorothy. These initial samples were the starting point
of something much bigger. As we refined the designs, we realized the need for
trousers to complement the knitwear. Disappointed by the direction golf fashion
was taking, we continued to focus on the 1930s for inspiration. The result? A
high-waist, corduroy, and moleskin trouser that perfectly captured the era’s
style and sophistication.
OUR FIRST
ORDER
We placed
our first order with a factory in Yorkshire, and the excitement of receiving
our first “Oldfield Clothing” (as we were known then) products was a dream come
true. With a small display space in the golf shop at Brancaster, we launched
our first website later that year. The 1930s-style trouser sold out quickly,
prompting us to expand into shirts. Our Jersey cotton shirts, available in a
variety of collar styles, became an instant hit for their practicality and
timeless appeal. The sample knitwear that
was knitted became a reality and was added to the range.
MOVING
FORWARD
As the
years have passed, our range has grown including the introduction of ladies
clothing, each new addition carefully chosen to complement the others. We
continue to grow, always with passion for what we do and commitment to quality. We sell worldwide, demonstrating that it’s
not just us that appreciate fashion from these times!
We could
have easily taken the route of moving our manufacturing abroad for cost
savings, but we've remained committed to our core values. We believe in
creating high-quality, well-crafted clothing right here in the United Kingdom.
Our dedication to local production allows us to stay true to our principles and
avoid contributing to the cycle of fast fashion.
Made in
United Kingdom.
OLDFIELD
OUTFITTERS
We
started with the family name - "Oldfield" - because it was a great
fit for our vintage brand. At first, we were Oldfield Clothing, but in 2015 we
gave ourselves a refresh and rebranded to Oldfield Outfitters. We worked with a
brilliant branding and design company, specialists in early 1900s style, to
bring our vision to life. Every design is hand-drawn, giving each piece a
unique, one-of-a-kind quality that makes us stand out.
FINAL
WORDS
Our core
beliefs remain unchanged: we design stylish clothing inspired by what we
consider to be the “Golden Era of Fashion,” using only the finest British
fabrics and craftsmanship. All based on original archive pieces and
photographs. From golf enthusiasts to
motoring aficionados, hipsters to celebrities, our clothing is worn by people
of all ages and walks of life.
"Quality
& Style Never Go Out Of Fashion"
Thursday, 14 May 2026
The "New Preppy" style in 2026 blends traditional 1980s Ivy League aesthetics with modern, looser silhouettes, emphasizing sustainable, durable, and comfortable clothing.
The
"New Preppy" style in 2026 blends traditional 1980s Ivy League
aesthetics with modern, looser silhouettes, emphasizing sustainable, durable,
and comfortable clothing. Key trends include layering vests over T-shirts,
oversized fits, cricket jumpers, and mixing high-end pieces with vintage finds.
It's a return to classic, timeless prep.
Key Elements
of Modern Preppy Style
Silhouettes:
Moves away from "twee" and tight fits to more relaxed, 1990s-inspired
Polo and J.Crew styles.
Key Items:
Polo shirts, rugby shirts, cricket jumpers, blouson jackets, high-rise chinos,
and tailored, unstructured suits.
Colors &
Patterns: Traditional pastel colors (pink and green), alongside navy blue,
argyle prints, and classic madras.
Accessories:
Niche baseball caps (e.g., from resorts or tennis tournaments) and leather
loafers.
Brands:
Continued relevance of staples like Lacoste, J. Crew, and Ralph Lauren.
The
Evolution of the "Handbook"
While Lisa
Birnbach’s original Official Preppy Handbook (1980) defined the WASP elite, the
modern iteration is more inclusive, focusing on personal style rather than
status. The style is increasingly defined by a
"casual-yet-put-together" look. The "new" prep is
influenced by the "Ivy Style" movement, which emphasizes a timeless,
comfortable approach to fashion.
writing
in black and white
Sartorial
Snapshot: Issue 07.
Field
Notes From writing in black and white
Christine
Morrison
Apr 04,
2026
This
Week: The New Preppy Handbook
A few
nights ago, Paul Stuart — the 88-year-old brand known for its classic, high-end
Ivy Prep styles — hosted the launch party for Dozer Presents: The New Prep, a
preppy handbook project from Dozer Magazine founder Justinian Mason.
The New
Prep is a general issue featuring Preppy Pete, a NYC-based fashion influencer,
while The New Preppy Handbook is a more curated, NYC-focused edition,
reminiscent of 2nd, a Japanese magazine that created their own version in 2023.
Both sell for $35.
We all
rejoiced when prep made a huge showing on the Spring 2026 runways — from
higher-end designers: among them Thom Browne, Tory Burch, Miu Miu and Celine
(where it’s been said Michael Rider is “rewriting the Preppy Handbook”) to our
beloved heritage brands: all hail Ralph Lauren, J. Crew, Brooks Brothers and
the revitalized J. Press under the preppy tutelage of its new Creative
Director/President (formerly of Rowing Blazers), Jack Carlson.
As
someone who bought Lisa Birnbach’s original book in October 1980 and still
treasures the dog-eared copy, I was initially conflicted about the remaking of
the book. Prep is personal. Cultural. It’s more than nostalgia or recycled
trends.
But what
strikes a chord about modern-day prep — and this new iteration of the book— is
that it reinforces prep is not a uniform that requires a pedigree; it’s an even
broader vocabulary. Prep has always signaled identity, taste and values. How we
are interpreting it now, adapting the styles and weaving them into our chaotic
lives, is something quieter: how we see ourselves.
As Tommy Hilfiger, who has been redefining the preppy aesthetic for decades, has said:
“I think
preppy stands for optimism, confidence, energy and authenticity.”
Ralph
Lauren has echoed this sentiment:
“People
ask …does it have to do with class and money? It has to do with dreams.”
These
iconic designers point to the same idea: Prep isn’t about where we came from,
but about where we are going.
I believe
this so wholeheartedly, it’s the essence of my fashion essay collection: what
we wear shapes who we are—and who we’re becoming. Fashion is not about external
validation but rather our internal compass. True, often raw emotions —grief,
pride, fear, courage and more — are so often managed in what we choose to wear.
And in
this moment of social, political and economic uncertainty, Prep offers
something steady—structure, stability, a sense of order. But unlike retro
trends that merely recycle the past (the 90s might over-indexing currently
wouldn’t you say?), modern prep is more self-aware and more open. It honors
tradition while allowing for individuality, blending history with the realities
of how we actually live now.
So, pop
your collar. Or don’t. The point isn’t perfection (it’s taken me decades to say
this with conviction) but perspective. The best prep looks reflect how we move
through the world — and the optimism we hold onto.
Wednesday, 13 May 2026
REMEMBERING: 5/February 2013: Rugby Ralph Lauren is closing ... A salute to Lee Norwood, designer of Rugby ...
Rugby Ralph
Lauren was discontinued in early 2013 as part of a strategic corporate decision
by Ralph Lauren Corporation to phase out the sub-label, close its 14 stores,
and shut down its e-commerce site to focus on scalable
global opportunities. The brand aimed at younger, college-aged consumers
with a preppy, dark academia, and distressed
style.
Key
Reasons for the Disappearance:
- Strategic Realignment: The company wanted to focus
resources on its core, more profitable brands, specifically the main Ralph
Lauren label and Polo.
- Failed Market Position: The brand struggled to deeply
appeal to its target demographic compared to competitors, and the
"overstyled" preppy aesthetic was shifting in popularity.
- Economic Pressures: The closure occurred during a
period of economic uncertainty, which heavily impacted niche sub-brands.
- Overlap with Core Brands: Many of the unique elements of
the Rugby line were deemed better suited to be recycled into the core
Ralph Lauren offerings, rendering a separate brand redundant.
Rugby Ralph Lauren is an American clothing brand launched in 2004 under the management of parent company Polo Ralph Lauren. The brand specializes in Preppy/Rugby inspired lifestyle apparel for male and female clientele ages 16 through 25. Rugby also encompasses Rugby Food & Spirits, a small café modeled after the brand and offering dining inspired by the Rugby theme. Rugby merchandise is available at twelve stores throughout the United States and as of August, 2008, online at rugby.com.
In November 2012, it was announced that Ralph Lauren would be ending the Rugby line by February 2013. At that time, the Rugby stores will close permanently and the website will go down.
The brand consists of a line of rugby shirts, polos, jackets, suits, dresses, outerwear and accessories, all with a distressed or embellished flair, as well as RRL signature Rugby Football shirts that can be customized by buying patches in-store.
(…) “ Lee is one of many behind the scene designers that keeps the initials ‘RL’ polished across the globe. Lee’s natural humility is traced to growing up in North Carolina delivering newspapers, mowing lawns, bagging groceries, working on a farm, laying concrete, and painting houses. His southern upbringing and perspective on integrity came from a creative mother and an ordained father, principles Lee has shared with his wife, Betsy, and two daughters, Hattie (4), Jose (1). Lee carried these genuine values into his career and made his way up the ladder at RL from sales to design and learned that the Polo culture is about "Putting your life experiences into your work." Lee’s touch at RL is associated with functionality, durability, and timelessness. In Lee’s words, “I love the tradition of men's clothing, and how we pay more attention to fit and taste than to modernity or fashion. I like how in the past collections were created out of necessity, ... , people designed for a particular function.”
By By Shea Parton in http://www.apolisglobal.com/journal/people-lee-norwood-ralph-lauren-designer/
Tuesday, 12 May 2026
Monday, 11 May 2026
Sales Are Up. Celebrities Are In. Is Gap Officially Back?
Sales Are
Up. Celebrities Are In. Is Gap Officially Back?
Richard
Dickson has drawn inspiration from the clothing retailer’s early days as he
tries to regain its cultural cachet.
Jordyn
Holman
By Jordyn
Holman
Of all
the Gap brands, Old Navy is where Jordyn Holman shops the most.
https://www.nytimes.com/2026/05/10/business/richard-dickson-gap.html
May 10,
2026
At Gap’s
headquarters in San Francisco, an archive dedicated to the apparel company’s
57-year history features nearly 6,000 boxes of memorabilia documenting the
retailer’s brands, which also include Old Navy, Banana Republic and Athleta.
There are
prints from photographers like Annie Leibovitz and material related to many
celebrity ad campaigns, like Missy Elliott and Madonna for Gap and Cindy
Crawford for Old Navy. Those dated back to the retailer’s heyday, when malls
were full, celebrities wore the brand on red carpets and Gap stores were plot
points in sitcoms like “Seinfeld.”
When
Richard Dickson started as Gap’s chief executive nearly three years ago, he was
awed by those archives and set out to change the conversation about the
company.
Gap had
spent years closing hundreds of stores across the United States, as sales
flagged and profits were patchy. Its stock, which peaked in 2000, was
languishing. The company took more than a year to fill the C.E.O. position.
Mr.
Dickson, who spent nearly 20 years at Mattel, brought with him a playbook that
had helped revitalize the toymaker’s brands like Hot Wheels and Barbie. He got
Barbie to the big screen, with star power and a marketing machine that produced
blockbuster financial results.
The
native New Yorker speaks excitedly about the ways that fashion, entertainment
and music are intertwined. He went to Coachella last month and has been to the
Oscars in recent years. He often mentions how Gap’s first store, which opened
in 1969 in San Francisco, sold records, tapes and jeans.
Mr.
Dickson’s culture-focused strategy is taking root. For his creative director,
he hired Zac Posen, who dressed Kendall Jenner in a Gap gown for the recent Met
Gala. Gap has made toe-tapping ads featuring Katseye and Parker Posey. Mr.
Dickson even hired another C.E.O. — a chief entertainment officer — to oversee
the company’s push into content, licensing and Hollywood.
Gap’s
comparable sales have risen for eight straight quarters, and its market value
has increased to $8.5 billion, from $3.6 billion when Mr. Dickson started. Last
year, Gap, Old Navy and Banana Republic posted sales increases, with only
Athleta recording a decline. Gap’s namesake brand showed the strongest growth.
Mr.
Dickson, 58, credits the turnaround to “being aware of pop culture, content,
art, theater, music, entertainment.” If a brand makes sure that those themes
come through, “you become more relevant,” he said.
This
interview was edited and condensed.
As you
try to bring Gap back into the cultural conversation, how are you managing your
time? Are you spending more time in Hollywood?
As our
business evolves, my allocated time also changes.
When I
first got to the company, we were in “fix mode.” It’s no secret. My time was
100 percent spent on the operations, the financial rigor, setting up strategic
priorities and editing a lot of the noise in the system that can be very
distracting for a turnaround.
Over the
course of three years, we’ve emerged a better company. Now we move into the
next phase, which is to build momentum. My focus, while not taking my eye off
the operational discipline, moves more into how to accelerate our growth.
I have a
multitude of meetings and time spent with the entertainment community, which
I’m very familiar with from previous roles.
When you
were hired from Mattel, the chatter was that you would try to recreate the
Barbie magic. Is that true, or is there a different strategy for Gap?
It’s
actually the same playbook. It is not so much that the playbook is unique; it’s
the methodology and the execution that’s unique.
The
playbook is, first, identifying what’s our reason for being.
You could
put me on any brand in the world. Why do you exist? What is our purpose? What’s
our point of difference? Those simple questions have very complicated answers
when you’re in a turnaround. If you can’t answer it in a sentence or two, or
one or two words, you’ve got a problem.
Old Navy
is different from Gap. Gap is different from Banana. Banana is different from
Athleta.
So let’s
focus on Gap. What makes it distinctive?
When I
look at the history of every one of our brands — it wasn’t dissimilar to the
Barbie conversation — what was it that broke through? What was that single
thing that made it so incredibly relevant?
In our
case, it was a store that was all-inclusive before inclusivity became a word,
because we sold jeans for all races, all sizes, all sexes. We bridged the
generation gap in the experience through music. Music was the connective tissue
in the context of the store experience.
Let’s get
back into that music narrative with great product storytelling and amplify it
in a way that is relevant for today’s consumer. We started with Jungle with our
linen campaign. We moved to Troye Sivan with a great music video around the
baggy and loose trend. Then, of course, the blowout with Katseye.
These
aren’t ads. Yes, you see the fleece because it looks incredible. But nobody’s
saying, “Oh, my God, it’s a great deal with a great price.” They’re saying:
“Did you see this? Did you feel this?” That is when you get emotional
connection to a brand.
We had
become more about price than product. More about stuff, not storytelling.
If you’re
focusing on entertainment, how do you measure success?
We have
dashboards everywhere. I think we just turned one off when you walked in
because our business flashes on an hourly basis on my screens.
We have
dashboards that measure brand love, people searching more for our brand and
brand attributes that we test and roll out to see how consumers are feeling.
Does the
focus on entertainment hedge against all of the uncertainty in the world?
To some
extent, in the world that we live in, we should be that great distraction in
some cases, that pleasant place that you love to go to. That ultimately makes a
brand stronger, to essentially navigate more complex times. There’s always
something that we have to worry about.
How
worried are you about consumer spending? We’re in California right now. I
passed a gas station where it was about $6 per gallon.
That was
a good deal.
Most
retailers say that consumers remain resilient, but are you prepared for
spending levels to drop?
We have a
fantastic portfolio that addresses all income cohorts.
We have
quality products that should last, in some cases, for generations. You’re
buying it for the long haul. But we do recognize that we need frequency: We
need to stay fresh. We need to stay new.
There are
a lot of businesses that will start to pull back on quality, right? We’re not.
You’re
from New York City, right? Tell me about your upbringing.
My
parents were both in retail, real estate and fashion. My mom was more on the
creative side, and my dad was more on the financial and operations side.
My
grandparents were also in fashion and retail. They were Holocaust survivors. My
grandmother sewed and had her own line in department stores. My grandfather ran
the factory, so they had a small business that did very well. I remember
growing up and running around the factory floor.
What’s a
piece of advice that you received that you still reflect on today?
Retail is
detail. There’s not a single day where everything goes right, but at the end of
that day you could still say that it was a great day.
Ultimately
you’re firefighting on a minute-to-minute basis. You’re constantly in motion.
That sense of detail orientation is probably an attribute that’s carried with
me from my earliest days in the industry.
It’s time
for the lightning round. What’s on heavy rotation on your music playlist right
now?
Who I
really like right now is Sombr. I saw him at Coachella.
What’s
the last thing you asked A.I.?
To
decipher an object that somebody sent me from a museum and I wanted to know
which museum it was from.
How often
do you check Gap’s stock price?
I
probably check it twice a day. I do a morning check and at the end of the day.
When you
need to feel most confident, what are you wearing?
I love
our hoodies, and not only our fleece hoodies at Gap but Banana Republic’s
cashmere hoodie. Depending on the vibe, I would go with a fleece or cashmere
hoodie. Then I usually throw on a Banana Republic trucker jacket.
I wear
all of our brands. I have worn a few sweatshirts from Athleta.
If you
had to explain each of your brands in exactly one word, what would it be? Let’s
start with Old Navy.
Family.
Gap?
Individuality.
Banana
Republic?
Adventure.
Athleta?
I’m going
to go with empowerment.
Jordyn
Holman is a Times business reporter covering management and writing the Corner
Office column.
Sunday, 10 May 2026
Saturday, 9 May 2026
Why Nobody Wants the Chrysler Building
The Chrysler
Building is struggling to find a permanent owner because it is a "tough
asset" plagued by a massive ground lease, high vacancy rates,
and a backlog of expensive repairs. Despite its status as an Art Deco
icon, the building's value has plummeted from $800 million in 2008 to roughly
$150 million today.
1. The
Fatal Flaw: Ground Rent
The primary
reason nobody wants the Chrysler Building is that the building owner does
not own the land beneath it.
- The Landlord: The land is owned by Cooper
Union, a private college.
- Rising Costs: Annual ground rent skyrocketed
from $7.75 million in 2018 to $32.5 million currently. It is
scheduled to jump to $41 million in 2028 and $55 million by 2038.
- Financial Deadlock: Current income from office
tenants is often insufficient to cover these escalating lease payments,
leading past owners into default and even eviction.
2.
Deteriorating Conditions
Nearly a
century old, the building requires an estimated $150 to $200 million in
immediate renovations to meet modern standards. [1,
2]
- Plumbing & Infrastructure: Tenants have reported brown
tap water, frequent elevator outages, and outdated electrical systems.
- Exterior Issues: The iconic stainless-steel
spire is leaking, and the original masonry walls provide poor insulation.
- Legal Protections: As a landmarked building, any
major changes require strict approval from the Landmarks Preservation
Commission, making modern upgrades slower and more expensive.
3. Low
Demand for Historic Office Space
The shift
toward remote work has hit the Chrysler Building particularly hard.
- Inefficient Layouts: Modern "Class A"
office tenants prefer open layouts and high ceilings. The Chrysler
Building's thick column lines and fixed floor plates make it difficult to
create the competitive workspaces companies now want.
- High Vacancy: Recent reports place the
building's vacancy rate between 14% and 20%.
- New Competition: Newer skyscrapers nearby, like
One Vanderbilt, offer state-of-the-art amenities that the Chrysler
Building currently cannot match.



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