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Hi, and welcome back to Line Sheet. Thanks to everyone who came out to The Apartment at
Bicester Village tonight for my conversation with Alex Eagle. The chat will run on the Fashion People feed sooner than later. Thanks to Alex, the team from Bicster Village, the legend Jess Christie, and of course to our very own Eric Van Gelder and the rest of the Puck team
for making it all happen.
In today’s Inner Circle issue, Malique “Malique@puck.news” Morris has the story on the challenges facing Jerry Lorenzo’s Los Angeles brand, Fear of God, as it attempts to gain ground in luxury. Lorenzo is hugely respected, and the brand’s B.U.M. Equipment–style Essentials line could buoy them for decades. But
to play on the luxury stage, Fear of God will need to improve its operational capacity… and finally find an external investor. Malique explains what’s happening behind the scenes. Be sure to join the Inner Circle for this one—and for eternal salvation, of course.
Up top, I’ve got a minor T magazine update, some scuttlebutt regarding the Bergdorf men’s store lease, and news regarding how
people inside Condé Nast are feeling about the union’s win against Stan Duncan. And as an F.Y.I., tomorrow on Fashion People, my guests are David and Kavi Ahuja Moltz, co-founders of D.S. & Durga. We discuss entrepreneurial couplehood, what it means to be a “nose,” and plenty more. Listen here and here.
And there’s more! Last week at the Air Mail newsstand, Malique sat down with Bandit co-founder and C.E.O. Nick West and Swap C.M.O. Juan Pellerano-Rendón to chat about how A.I. is dramatically transforming commerce. (We all know it’s happening, but now we know how.) You can peruse the
conversation here.
Also mentioned in this issue: Stella Bugbee, Dean Baquet, Nick Haramis, Jo Ellison, Barbara Werschine, Complex, Peter Copping, Pattie Gonia, Elizabeth Herbst-Brady, the National Labor Relations
Board, Derek Guy, Sam Dolnick, PacSun, Kathleen Maloney Ritz, and more.
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Three Things
You Should Know…
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A non-update update from the T search: Things are progressing, but how far, and how fast, is unclear. The chatter inside the Times is that top candidates are being...
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A MESSAGE FROM OUR SPONSOR
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The sui generis luxury basics founder recently eliminated his C.E.O. and took over
strategic and operational direction of the business himself. Profits are up, but can a creative director with aspirations to be the next Armani actually will himself to become a C.E.O., too?
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Jerry Lorenzo has never run Fear of God like a typical fashion brand.
In 2023, he told The Wall Street Journal that “most companies run on cash; we run on faith.” In April, after he eliminated the C.E.O. role at his company—booting Bastien Daguzan, who joined from Jacquemus in September 2024—the company’s announcement was comically self-serious for a brand that mostly sells $150 hoodies to suburban teens (my 16-year-old brother included). “Our responsibility extends beyond the successes and failures of the tangible,” it read. “We
are committed to an eternal vision guided by alignment, intention, and consideration. We are grateful for everyone who has contributed to moving Fear of God closer to the vision and purpose of the organization.”
Still, there’s no doubt that Lorenzo, the handsome and, yes, pious, son of former MLB player and manager Jerry Manuel, has...
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A MESSAGE FROM OUR SPONSOR
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The industry’s go-to source for unflinching reporting on the trillion-dollar business of artificial intelligence -
perhaps the single most important technology of our time. Ian Krietzberg, the powerhouse journalist behind The Deep View, delivers twice-weekly insights into the latest dealmaking and breakthroughs in A.I., and how the intersecting worlds of finance, entertainment, media, and politics are being transformed in its wake.
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Puck founding partner Matt Belloni takes you inside the business of Hollywood, using exclusive reporting and insight
to explain the backstories on everything from Marvel movies to the streaming wars.
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