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Must Read: Bottega Veneta Appoints Little-Known Daniel Lee as Creative Director, Inside Peter Brant's Latest Magic Trick

Plus, LA is becoming increasingly essential to the global fashion business.
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Looks from Bottega Veneta's Spring 2018 collection. Photo: Imaxtree

Looks from Bottega Veneta's Spring 2018 collection. Photo: Imaxtree

These are the stories making headlines in fashion on Monday.

Bottega Veneta appoints little-known Daniel Lee as creative director
Bottega Veneta bid farewell to its creative director of 17 years last week, but has already filled the position with Daniel Lee, a behind-the-scenes talent who hails from Cèline. Lee's appointment to the Kering-owned brand marks an effort to increase revenue growth, but also demonstrates a shift in the industry, whereby luxury houses are increasingly letting studio members — who are used to working in the shadow of a star designer — take the reins. {WWD}

Inside Peter Brant's latest magic trick 
Interview folded in May and then magically announced it would come back to life at the start of this month. To better understand the magazine's miraculous revival, The New York Times dug up some financial dirt on Peter Brant, the publication's owner, to find out what's been going on behind-the-scenes. {The New York Times

LA is becoming increasingly essential to the global fashion business
Business of Fashion's Lauren Sherman asserts that Los Angeles has officially become the fifth fashion capital, as numerous notable designers set up shop and show their collections in the sunny West Coast spot. This means that the city will become increasingly essential to the global fashion business. {Business of Fashion

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Virgil Abloh to host a Beats 1 Radio Show 
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Etsy celebrates its 13th birthday with a big sale
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