Must Read: Saks Exits Bankruptcy, Louis Vuitton Faces Backlash Over Waterfall Runway Show

Must Read: Saks Exits Bankruptcy, Louis Vuitton Faces Backlash Over Waterfall Runway Show

These are the stories making headlines in fashion on Monday.Saks Exits BankruptcyOn Friday, Saks Global successfully emerged from Chapter 11 bankruptcy, marking the completion of its restructuring process. The company now has significantly reduced debt, the full backing of investors and a stronger financial plan. {Saks Global}Louis Vuitton Faces Backlash Over Waterfall Runway ShowParisian locals are bashing Louis Vuitton’s Spring 2027 show during Paris Fashion Week for wasting water with the giant artificial waterfall used as the backdrop, especially as the French capital is experiencing an extreme heatwave. Louis Vuitton’s parent, LVMH, responded to the criticism, stating that no water was wasted, as it was drawn directly from Paris’ water supply and then entirely redirected back into the city’s sewer via a closed-loop system. {Reuters}Bethenny Frankel Invests In and Joins DpHueBethenny Frankel has acquired an ownership stake in hair-care brand dpHue. She also joined its executive team as Chief Brand Officer. In this newly created role, she will help with product innovation and consumer education. {PR Newswire}Off-White Introduces Lower-Priced LabelOff-White is launching L/AB c/o Off-White, a lower-priced option for younger consumers who can’t afford the main label’s luxury offerings. The new line is a reimagined concept of the now-retired Off-White For All label. L/AB c/o Off-White’s core merchandise will be sportswear-centered, such as T-shirts, hoodies, tracksuits, sneakers and underwear, with pricing ranging from $45 to $220. {Fashionista inbox}ERL Parts Ways from Dover Street Market IncubatorERL is exiting Dover Street Market’s incubator, which fully developed and operated the brand since its…

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