Laura Kim and Fernando Garcia are stepping down as creative directors of Oscar de la Renta.
Laura Kim and Fernando Garcia will leave their posts as co-creative directors of Oscar de la Renta after nearly a decade leading the brand. They plan to devote their full attention to Monse, the ready-to-wear label they launched in 2015, but will retain a board seat at ODLR as part of the transition. Their final runway presentation for the house will be Autumn/Winter 2026, with an additional Pre-Fall collection marking Oscar de la Renta’s 60th anniversary this December. Chief executive Alex Bolen has not yet announced a successor but emphasized that the current design team will keep the business on track as the search unfolds.
A San Francisco judge has thrown out an antitrust case against Hermès.
A San Francisco judge has dismissed a class-action lawsuit accusing Hermès of violating U.S. antitrust law by restricting access to its Birkin handbags. The plaintiffs argued that buyers had to spend heavily on other Hermès products to qualify for a chance to purchase a Birkin, but the court ruled that such practices do not constitute an antitrust violation. Judge James Donato dismissed the case with prejudice, preventing it from being refiled. Hermès successfully defended its approach to limiting supply to select customers, emphasizing the competitive nature of the luxury market.
Gold artifacts worth more than $710,000 were stolen from the French Museum of Natural History.
Thieves stole raw gold valued at roughly $710,000 from the National Museum of Natural History in Paris, targeting the Gallery of Geology and Mineralogy early Tuesday. Museum officials described the theft as a significant loss for research and public heritage, noting that the stolen items also hold inestimable historical value. Authorities said the break-in appeared highly professional, with the perpetrators knowing exactly where to strike. The gallery remains closed while security is increased and the investigation continues.
Auction house Lucien Paris has unveiled a Picasso painting of Dora Maar, unseen for 80 years.
Auction house Lucien Paris has unveiled a previously unseen Pablo Picasso painting of Dora Maar, completed in Paris in 1943 during the German occupation. Titled Bust of a Woman in a Flowery Hat (Dora Maar), the work captures Maar with fragmented features in bright colors, reflecting both anguish and the personal turmoil of her relationship with Picasso. The painting remained in a private collection since its 1944 purchase and had only been known from a black-and-white photograph. Lucien Paris will display the piece for three days before auctioning it on October 24, with an estimated value of $9.4 million.
Nvidia has moved to acquire a $5 billion stake in Intel, with plans to collaborate on chip development.
Nvidia announced a $5 billion investment in Intel, acquiring roughly a 4 percent stake in the company. The move aims to strengthen collaboration on chip development for personal computers and data centers, particularly to advance artificial intelligence technology. The deal comes as Intel faces challenges keeping pace with shifts toward mobile and A.I.-driven computing, while Nvidia continues to dominate the A.I. chip market. Following the announcement, Intel’s shares rose sharply in premarket trading, reflecting investor confidence in the partnership.
Today’s attractive distractions:
20 striking images comprise the winning photos of Paris’ Prix de la Photographie.
Philip Johnson’s Hudson Valley Wolf House has hit the market for $1.8 million.
Google’s Gemini 2.5 model is solving problems that are leaving programmers stumped.
An editor from across the pond looks and longs for novelty at New York Fashion Week.
