Must Read: Models Open Up About Racism and Abuse in the Industry, Kendall Jenner Addresses Pepsi Commercial on 'KUWTK'

Plus, Condé Nast will roll out another reorganization this week.
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These are the stories making headlines in fashion on Tuesday.

The New York Times gets real on the modeling industry 
As fashion month approaches and thousands of models brace for castings and runway shows, The New York Times rounded up a diverse crop of models — at all phases in their careers — and asked the typically voiceless group to share their stories of race discrimination, body shaming, sexual harassment and unfair working conditions. {The New York Times}

Kendall Jenner reacts to controversial Pepsi commercial in upcoming "KUWTK" season
"Keeping Up With The Kardashians" is coming back for its 10th season this fall, so E! Network has released a promo to get us excited about the return of T.V.'s most contoured family. In the season teaser, we are shown a quick exchange between Kim and Kendall, wherein Kendall announces that "her life is over" and Kim replies with a consolatory, "you made a mistake." And while the preview provides no context to this heated Kardashian convo, E! Network's news site confirmed that Kendall is indeed referring to her controversial Pepsi commercial. {W Magazine}

Condé Nast will roll out another reorganization this week 
Condé Nast is making another set of cuts — mainly on the editorial and business sides — in an effort to save money. The job slayings follow a company-wide restructuring plan ushered in earlier this year by the chief business officer and president of revenue Jim Norton. The media giant's unsettling environment has already sent some notable names packing, but who's to say who will be next to flee One World Trade. {WWD}

Jason Wu expands into lifestyle products
Just like your average four year old, Jason Wu has a deep appreciation for Sharpie pens. In fact, his love for the permanent writing tool has inspired him to create an entire lifestyle collection to include: Sharpie's, Moleskin notebooks, phone chargers and headphones. Wu's expansion into the lifestyle realm is also a move to make his brand more accessible to a wider range of consumers. You'll be able to grab your Wu-approved school supplies at the Cadillac House as a part of a two-week installation beginning Sept. 12. {Digiday}

Virgil Abloh directed Lil Uzi Vert's new music video 
Kanye's man, Versace myth and Off-White designing legend Virgil Abloh is yet again proving he has access to more hours in a day than anyone else. That's right: While we were enjoying the final moments of summer, Abloh was off directing a horror-inspired music video for Lil Uzi Vert's "XO Tour Llif3." You can watch the rapper as a zombie and Abloh as the camera man in the video below. {Dazed}

The winners and the losers in fashion and beauty startups 
Over the past decade, a number of beauty startups like Birchbox and fashion startups like Rent The Runway have risen in the ranks and become household names — known to industry insiders and outliers alike. Business of Fashion surveys these companies and uses their estimated revenue and funding, as well as the services they provide, to pinpoint the failures and predict the breakout stars. {Business of Fashion}

MatchesFashion sets sights on luxury e-commerce domination with new owner
Following a fierce bidding battle, Apax partners has snagged a majority stake in Matchesfashion.com. Now armed with new owners, the luxury e-tailer intends to become the number-one digital destination for luxury goods. In a statement released to WWD, Apax said that it wants the company to stand out in the marketplace for its "distinctive assortment, unique voice and unparalleled customer service." {WWD}

Adweek names Anna Wintour its 2017 Brand Visionary
Adweek's annual Brand Genius awards seeks to honor those who have brought innovation to the marketing field. This year, the publication has chosen to honor Editor-in-Chief of Vogue and Artistic Director of Condé Nast Anna Wintour as the "Brand Visionary," which is granted to those who have spent their careers creating a world-renowned brand. She'll accept the award at a gala on Oct. 18. {Fashionista Inbox} 

Allbirds announces $17.5 million in funding 
Allbirds is a San Francisco-based brand that uses premium natural materials to create sustainable footwear. Today, it announced a $17.5 million Series B funding round, led by Tiger Global Management. The fresh capital will allow the shoe label to amp up its research efforts in the development of new sustainable materials and will enable it to grow its retail footprint in the U.S. {Fashionista Inbox}

Business of Fashion's latest print edition is geared toward the next generation of consumers
Selena Gomez, Adwoa Aboah, Lily-Rose Depp and Kris Wu front BoF's latest print edition, which focuses on millennial and Gen-Z consumers. "There is perhaps no greater obsession for luxury and fashion executives right now than the millennial and Gen-Z consumers upon whom the industry's very future depends," said Imran Amed, founder and chief executive and editor-in-chief of BoF, in a press statement. "Generation Next are wired differently, Rather than stuff,  they want experiences. Rather than extravagance, they seek authenticity." You can scroll through the four magazine covers below. {Fashionista Inbox}

Homepage photo: Imaxtree

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