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Must Read: Kris Jenner on Growing Kylie Cosmetics, What Terry Richardson's Ban Means for Fashion

Plus, inside fashion's favorite Instagram account, Diet Prada.
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These are the stories making headlines in fashion on Wednesday.

Kris Jenner on growing Kylie Cosmetics 
At this point, we might as well assume Kris Jenner has a magic womb: her offspring have combined social media followings of, uh, practically the world and her daughters bring in big bucks thanks to their respective mega-businesses. Currently, the youngest of the Kardashian-Jenners is making a killing with Kylie Cosmetics, which is valued at $1 billion and is projected to do $386 million in retail sales this year. Momma Jenner serves as the chief financial officer and says the company's success is largely due to her daughter's marketing strategy that relies mostly on social media. {WWD}

What Terry Richardson's ban means for fashion
The fashion industry has known about Terry Richardson's sleazy practices for years, but it's taken the Harvey Weinstein exposé for media companies and brands to call it quits on further projects. Nevertheless, The Washington Post's Robin Givhan said he's only a small part of a bigger problem: "It's inhumane model bookers, self-indulgent designers, greedy stage parents and other creative types who treat women as something other than sentient, thoughtful, individuals," she said. {The Washington Post}

Inside fashion's favorite Instagram account, Diet Prada
Whether or not you like artificially sweetened goods, we guarantee you'll like the Instagram account Diet Prada. The account started in 2014, and is really a grand theft fashion series with all eyes focused on who's ripping of who in the industry. And in an industry rife with copycats and knockoffs, the Instagram account has generated important conversations about the fine line between plagiarism and inspiration. {HighSnobiety}

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Terry Richardson is "disappointed" about Condé Nast's decision 
Both international and domestic legs of Condé Nast have issued separate statements removing photographer Terry Richardson from further projects, and he's not too happy about it. In response to the statements, a representative for Richardson told WWD: "Terry is disappointed to hear about this e-mail, especially because he has previously addressed these old stories. He is an artist who has been known for his sexually explicit work, so many of his professional interactions with subjects were sexual and explicit in nature, but all of the subjects of his work participated consensually." {WWD}

WeWork HQ is moving into the iconic Lord & Taylor building 
Lord & Taylor has held a special spot on Fifth Avenue for over a century, but it will no longer boast the 676,000-square-feet it once did. On Tuesday, the company that owns the department store chain announced that is selling off the flagship store to WeWork, an office-sharing start-up. Come Christmas 2018, WeWork will house its global headquarters in the building, while Lord & Taylor will rent out about a quarter of the space where it will operate a smaller department store. {The New York Times}

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