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Must Read: Ariana Grande Covers 'Elle,' Kylie Jenner Named One of America's Richest Self-Made Women

Plus, Ashley Graham will host the second season of "American Beauty Star."
Ariana Grande on the August cover of "Elle." Photo: Alexi Lubomirski/"Elle"

Ariana Grande on the August cover of "Elle." Photo: Alexi Lubomirski/"Elle"

These are the stories making headlines in fashion on Wednesday.

Ariana Grande covers Elle
Ariana Grande graces Elle's August cover in a billowy white Chloé top and a soft layer of rose-tinted makeup. In the Alexi Lubomirski-lensed shot, the pop star's platinum blonde hair is gently windswept, and she rests her hand on her hips while giving a doe-eyed expression. Inside the issue, Grande opens up about life after the Manchester attack. {Elle

Kylie Jenner named one of America's richest self-made women
Kylie Jenner and her now-filler-free lips made Forbes' annual list of America's Richest Self-Made Women. The 20-year-old beauty entrepreneur came in at number 27, with an estimated net worth of $900 million. Kylie Cosmetics launched two years ago with no employees or capital, and has since made more than $630 million in makeup sales. Jenner, who owns 100 percent of the company, is the youngest person to ever make the list. {WWD

Ashley Graham will host the second season of "American Beauty Star"
Ashley Graham is slated to host the second season of Lifetime's "American Beauty Star," a talent-driven reality competition series for makeup artists. "Ashley embodies modern beauty that is not only inspiring but empowering," said Lifetime's Executive Vice President Gena McCarthy in a press statement. "We know the Lifetime audience will really connect with her and couldn't be more thrilled to have Ashley as part of the family." {Fashionista inbox} 

Luxury re-commerce sites face challenges as resale market booms 
The luxury resale market is one of the largest growing consumer segments, on track to hit $6 billion globally this year. But despite a promising future, high-end re-commerce sites like The RealReal and Vestiaire Collective will face challenges dealing with inventory and authentication, as they continue to chase scale and profitability. {Business of Fashion

Saoirse Ronan on the August cover of "Vogue." Photo: Jamie Hawkesworth/"Vogue" 

Saoirse Ronan on the August cover of "Vogue." Photo: Jamie Hawkesworth/"Vogue" 

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Saoirse Ronan stars in the August issue of Vogue 
Vogue's August issue stars 24-year-old critically acclaimed actress Saoirse Ronan. Jamie Hawkesworth shot the Ireland-bred leading lady in an autumnally-hued Prada dress for the cover, see above. The magazine also played its favorite game of "73 Questions" with her, which you can watch in the video below. {Vogue

Reebok to partner with the CFDA 
Reebok announced Wednesday it will partner with the CFDA to sponsor the next four seasons of NYFW: Men's, as well as work with the organization's 2018 and 2019 Fashion Future Graduate Showcase, which spotlights young talents from eight fashion colleges nationwide. Steven Kolb, president and CEO of the CFDA, said the partnership with Reebok will "put the spotlight on emerging talent and secure the future of American fashion and creativity." {Fashionista inbox} 

Revolve adds layaway payment option
On Wednesday, Revolve launched Afterpay, a digital platform that allows shoppers to receive products from Revolve immediately and pay for them in four interest-free installments, with no requirement to enter into a traditional loan or pay any upfront fees or interest. In other words, you can buy all the lace-y, cropped and cutout things your heart desires, even if your wallet doesn't currently have the funds. {Fashionista inbox} 

Revolve to host 75 influencers in Bermuda 
In other Revolve news, instead of taking over the Hamptons this summer, the retailer is flying 75 notable influencers, models and celebrities to Bermuda. Over a two-week period, it will host a series of Instagrammable pool parties, beach bonfires, yacht days, brunches and tours of the island, as well as performances by Saint JHN, BlocBoy JB ​and more. Select brands from the Revolve portfolio will also hold exclusive events throughout the trip. {Fashionista inbox} 

Burberry sees 3 percent sales rise ahead of Riccardo Tisci's debut
While Burberry's (and the fashion industry's) main focus seems to be on new creative director Riccardo Tisci's September debut, the British heritage brand still had to report its first-quarter sales on Wednesday — and considering that the company is in the midst of a turnaround, they weren't too bad. Comparable sales were up 3 percent, thanks to improvements in Chinese tourism, more store traffic in the Americas and strong digital growth. Other than that, all eyes are on Tisci and his plans to shake up the company's delivery schedule this fall. Stay tuned. {Burberry}

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