These are the stories making headlines in fashion on Thursday.Mango and Eckhaus Latta to CollabMango and Eckhaus Latta are teaming up to create an exclusive capsule collection as part of the Mango Collective concept. The collaboration will bring Eckhaus Latta’s experimental and conceptual style to Mango’s commercial audience. Eckhaus Latta x Mango will be available to shop starting June 4. {Fashionista Inbox}Prada Group Delivers Slow Q1 GrowthPrada Group’s Q1 2026 report revealed modest growth, with net revenue rising 3% to €1.43 billion (approximately $1.67 billion) and net sales up by 1%. The recently acquired Versace contributed to the quarter with a net revenue of €143 million (approximately $167 million). The group’s performance comes against a shaky environment, including an ongoing luxury slowdown and geopolitical conflicts. {Prada Group}’The Devil Wears Prada 2′ Reviews Are InEarly viewers of “The Devil Wears Prada 2” have deemed the sequel as an accurate portrayal of the current media landscape. It tackles relevant industry shifts, including fashion journalists pivoting to work in-house brands, the decline of print media, dwindling job opportunities and the power of billionaire investors. “Anyone who describes ‘The Devil Wears Prada 2’as ‘heartwarming’ has either never been made redundant, has never had to consider redundancy, or simply, has a lot of money. It’s a bleak and unnecessary reminder of the state of today’s fashion industry,” wrote Dazed’s Isobel Van Dyke. {Dazed}Estée Lauder Cos. Invests in 111SkinThe Estée Lauder Companies invested a minority stake in 111Skin, a luxury clinical skin-care brand. The investment allows ELC to continue focusing on backing science-driven innovation, while 111Skin can advance its product development and expand its consumer reach. {Estée Lauder Companies}Priyanka Chopra’s Hair-Care Brand Gets AcquiredIndian fashion and beauty conglomerate Reliance Retail has acquired Anomaly, Priyanka Chopra’s hair-care brand. The financial terms were not disclosed. Chopra will continue to work at Anamoly in a newly created creative director role. Reliance Retail plans to scale Anomaly in India and grow the brand’s global presence. {Business of Fashion/paywalled}Depop Partners With Kacey MusgravesKacey Musgraves is releasing an exclusive Depop Shop. The shop will feature 20 pieces from Musgraves’ personal wardrobe, including pieces from music videos, tours, special appearances and her everyday life, all priced under $100. She will also star in a digital campaign that takes fans behind the scenes and into her closet. Kacey Musgraves x Depop will be available to shop starting May 4. {Fashionista inbox}Bobbi Brown to Cut Back Its Retail PresenceBobbi Brown is leaving every U.S. department store — Dillard’s, Macy’s, Bloomingdale’s, Saks Fifth Avenue, among others — except Nordstrom. The Estée Lauder Companies-owned brand has struggled with its brand identity and relevance over the past few years, resulting in a significant sales decline. An anonymous source told Puck that the plan is to focus on Ulta Beauty and Amazon. {Puck/paywalled}The Cécred x BeyGood Fund ReturnsCécred and the BeyGood Foundation have brought back their annual fund for the third year. The fund supports the next generation of hair-care professionals through student scholarships and salon business grants. This year, the fund will also award 10 cosmetology institutions grants of $25,000 each to support beauty education. {Fashionista inbox}Do you have an emerging brand you want to share with Fashionista readers? Jumpstart your business with our affordable digital offerings.
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