The 10 Biggest Stories In Fashion This Week

5 syllables: Derek Zoolander.
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5 syllables: Derek Zoolander.
Blue Steel, Ferrari, Le Tigre, Magnum? Photo: Valentino

Blue Steel, Ferrari, Le Tigre, Magnum? Photo: Valentino

News

It's A Walk-Off: The world stopped for a moment when Ben Stiller and Owen Wilson closed the Valentino show in Paris as Derek Zoolander and Hansel. Excited for "Zoolander 2" yet?

Temporary Suspension: Reed Krakoff has halted all its design and future production while it meets with potential investors and business partners. The question is: will the company remain intact?

Scaling Back: Women's Wear Daily announced that it will go from a daily to weekly format starting April 29. Although the publication will reduce its print frequency, it will still provide around-the-clock news via its online edition.

It's Alive: Following quarter after quarter of dropping sales, Urban Outfitters finally seems to be seeing some improvement in its business as it figures out how to cater to the youngs once again.

A Very Fashionable Lunch: At Paris Fashion Week, Chanel transformed its runway into a brasserie to showcase its fall 2015 collection. The clothes, as well as the layout, were very chic.

Further Reading

Magic: Yes, there's New York, London and Milan, but none of these cities will ever be as magical as Paris during fashion month. Here's why.

How It Works: IMG's "We Love Your Genes" model search on Instagram sounds relatively simple on the surface: sort through the #WLYG hashtag, sign beautiful person. But here's how the process of scouting girls on the app actually goes down.

High School Memories: Lord & Taylor had a prom-themed runway show at its Fifth Avenue flagship, so we sent Fawnia back to her high school days to hang out with teenage model Sailor Brinkley Cook for the glittery affair.

Label to Watch: Minimalist sensibility, but slightly off kilter. That's basically what you're going to get with the contemporary brand C.F. Goldman, launched by an alum of Central Saint Martins and Céline.

Business Lessons: Emily Current and Meritt Elliott left Current/Elliot in 2012 — reportedly over disagreements with the brand's owner — but now they're back with a new label. Meet "The Great."

Homepage Photo: Valentino