These are the stories making headlines in fashion on Monday.GDA Luma Invests in Pat McGrath Labs Pat McGrath Labs is emerging from Chapter 11 protection after GDA Luma provided more than $65 million of financing through the restructuring process. The company has invested further in its supply chain and commercial organization to improve inventory levels, strengthen execution and better serve customer demand. GDA Luma will hold a controlling equity interest, while founder Pat McGrath will continue her role as chief creative officer. {Fashionista inbox}Primark to Open NYC FlagshipFashion retailer Primark is opening a flagship Herald Square store on May 8. Located at 150 W. 34th St., this new Manhattan store marks Primark’s 11th store in New York and its 40th in the U.S. The space spans more than 54,000 square feet and is positioned directly across from Penn Station. {PR Newswire}Lululemon’s Founder Is Starting a New BusinessLululemon Founder Chip Wilson is building a business of small athletic-focused brands, Bloomberg reported. The venture will include new brands as well as existing small brands. Wilson has hired an operating partner to be part of the new Vancouver-based business. {Bloomberg/paywalled}Why Is Fashion Now Embracing Older Women?The fashion industry is seemingly embracing older women now more than ever, as seen in the expanded age diversity on the runways and even on the cover of Vogue (two 76-year-olds, Anna Wintour and Meryl Streep, fronted the publication’s May 2026 issue). Brands are increasingly tapping models (and even front-row guests) with visible signs of age. Older women have the…
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