Must Read: British Prime Minister to Appear in 'Vogue,' Luxottica Merges With Essilor in $48 Billion Deal

Plus, things aren't looking good at Lanvin.
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Photo: Carl Court/Getty Images

Photo: Carl Court/Getty Images

These are the stories making headlines in fashion on Monday.

British Prime Minister Theresa May to appear in American Vogue
May was photographed at her country retreat by Annie Leibovitz, and a spokesperson for 10 Downing Street has confirmed that the images were taken for the April edition of Vogue U.S(though they have not confirmed that the images are for a cover, as some have reported). The politician has been outspoken about her love for both Vogue and fashion in the past, remarking at a summit in 2015, "I like clothes and I like shoes. I say you can be clever and like clothes." {WWD}

Luxottica and Essilor agree to $48.7 billion merger
Luxottica, the owner of eyewear licenses for Prada, Chanel, Ray Ban and Oakley, is teaming up with Essilor, the leading maker of lenses worldwide, to become an eyewear behemoth with combined annual sales of more than $15.9 billion. The newly formed EssilorLuxottica will have more than 140,000 employees. {WWD}

Morale is low and more cuts are expected at Lanvin
France's oldest fashion brand is in a slump as controlling shareholder Shaw-Lan Wang — the person responsible for sacking beloved designer Alber Elbaz in 2015 — refuses to invest in the brand. With 2016 representing its first year of net loss in a decade, employees are being laid off and an audit is underway to find where the brand could cut even more costs. "Since Mrs Wang simply refuses to sell or (let the capital) be diluted, there is nothing we can do about it," commented one source close to the matter. "It is so sad for the brand and its staff." {Business of Fashion}

BAPE's spring kids' collection is here (and really cute)
Japanese streetwear brand A Bathing Ape released a very cute kids' collection for spring 2017. Full of camo, bold graphics and bright colors, the collection will have the tots who wear it looking very street-style ready. {Highsnobiety}

@fuckjerry just walked the runway at men's Fashion Week in Milan
Elliot Tebele, the man behind the uber-popular Instagram meme account, represented Ermenegildo Zegna during its fall 2017 presentation at in Milan over the weekend. Looks like the trend of fashion brands casting the internet famous won't slow down anytime soon. {iD}

Hugo Boss sales improved for Q4
The menswear retailer had been struggling in 2016, but reported better-than-expected sales in the fourth quarter. CEO Mark Langer claims that these results mean Boss is "on the right track" and cites growth in the U.K. The company will publish final results and the outlook for 2017 at the beginning of March. {WWD}

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