Must Read: The Met Museum Announces Gala Dress Code, U.S. Businesses Demand Tariff Refunds

Photo: Taylor Hill/WireImage
These are the stories making headlines in fashion on Monday.The Met Museum announces Gala dress codeThe Metropolitan Museum of Art announced its 2026 gala dress code, “Fashion is Art,” inspired by the Costume Institute’s spring exhibition, “Costume Art.” The red carpet theme encourages guests to explore how fashion is an embodied art form. The 2026 Met Gala will take place on Monday, May 4. {Met Museum}U.S. businesses demand tariff refundsFollowing the Supreme Court’s recent ruling that President Trump’s sweeping global tariffs are illegal, U.S. retailers and manufacturers are demanding refunds of approximately $133 billion in collected tariffs. Business analysts state that these repayments could help companies regrow, pay off the loans many businesses were forced to take out and serve as an economic boost. However, experts are not optimistic that this money will be returned. {The Guardian/paywalled}An ex-Saks employee speaks outA former Saks Global employee has spoken anonymously to Modern Retail, detailing their time at the company and layoff. They said the retailer gave no notice of the mass layoffs, immediately locked them out of their work computer and email account after letting them go and denied them severance pay. “I’m looking for a job, but it’s been really difficult. […] With all of the news about Saks, I can’t tell if having Saks on my resume looks good or bad,” they said. {Modern Retail/paywalled}Ssense’s path forwardAs Ssense sustains its operations, the retailer must figure out how to keep its growth attainable. Experts state that its first priority should be rebuilding brand and vendor trust by paying off overdue invoices. Ssense must also regain its consumer trust, especially as global shoppers deal with price hikes thanks to the still-too-high Canadian tariffs. {Vogue Business/paywalled}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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