These are the stories making headlines in fashion on Thursday.
How the Blue Wave Could Impact Fashion
The Democratic Party flipped control of both the Senate and the House this midterm election cycle, leading the Dow to rise 2.8%, or by more than 1,500 points. Vogue Business interviewed CFDA Interim CEO Hildy Kuryk on what this could mean for fashion. “I think that consumers are cautious, more optimistic and a little calmer,” Kuryk said. “They’re excited, but I think it’s a wait-and-see approach.” She also added the she thinks global allies are hoping for more stability and consumers remain focused on affordability. {Vogue Business/paywalled}
Hair-Care Mogul John Frieda Dies at 75
British hair-care mogul John Frieda died at 75 from cancer on Tuesday. He opened his first salon in 1976 in London’s West End, and served A-list clientele like Jackie Kennedy, Mick Jagger, Princess Diana and Diana Ross. Frieda launched his namesake hair-care line after getting a call from Boots about creating a brand in 1988. Since then, the hairstylist created beloved products including Frizz Ease, a silicone-based serum to tame frizz. {The New York Times/paywalled}
Tapestry Inc. Reports 11% Revenue Spike in Q1 2027
Tapestry Inc. shared its Q1 2027 results on Thursday, reporting an 11% jump in revenue to $1.9 billion. This spike was fueled by a 16% rise at Coach to $1.66 billion. Kate Spade New York brought in $233 million, marking a 10% decline. Tapestry is raising its fiscal 2027 outlook, now projecting revenue of approximately $8.5 billion to $8.6 billion, up from its prior guidance of $8.4 billion to $8.5 billion. {Tapestry Inc.}
Veronica Etro Is Back With a New Fashion Brand
Following Veronica Etro’s exit as Etro’s creative director in 2022, the designer is now returning to fashion with a new label called Off the Menu. The brand will consist of edited collections of special pieces, conceived almost as collectibles. The name Off the Menu references creative appetizers served at fine dining spots. Etro plans to drop two collections a year, with the first lineup for Fall 2027 including 35 timeless pieces that make “the ordinary extraordinary,” Etro told WWD. {WWD/paywalled}
E.l.f. Beauty Delivers Whopping 51% Growth in Q2 2027
E.l.f. Beauty announced its results for Q2 2027, which showed an impressive 51% spike in net sales growth to $520.8 million. For the six months ended Sept. 30, 2026, the company’s net sales grew 43% to $1 billion. The company raised its full-year net sales guidance to 22%-24%, compared to a previously expected 18-20% increase. {E.l.f. Beauty}
Andrew Fitzsimons Closes His Hair-Care Line
Celebrity hairstylist Andrew Fitzsimons has closed his namesake hair-care brand. Andrew Fitzsimons Hair originally debuted in 2022 in partnership with Maesa, but the hairstylist later bought it from the incubator in 2024. The brand officially wound down in February this year. {WWD/paywalled}
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