445: Wealth tourism
Plus Sweeney's lingerie, Credo's sale, and a Croissant app scoop.
Find a list of only-here discounts up to 25% off in the Magasin Code Index.
I went to a luncheon for The Winter Show at the Armory last week, where I sat at a table with panel host New York magazine’s Wendy Goodman and her panelists, Noz Nozawa, Ben Pentreath, and Giancarlo Valle. The show itself—a convention of New York, London, D.C., Zurich, Montreal, Paris, etc. etc. galleries—was a great little microcosm of nerdy interior obsessions. Painstaking collections of glass and Japanese ceramics, antique jewelry and horn cutlery. But what was really refreshing was hearing these design insiders balk at the prices exactly as I had done internally walking through the show: “$500,000—I know, what a steal!”
The gag is that this is exactly the kind of shopping they do for their clients, the few people on the planet with that kind of coin. While summits like The Winter Show are great for the rest of as wealth tourism, they’re also so valuable to us all for their forced recontextualization. I might not have paid much attention to an assortment of obviously expensive-yet-applicably fusty Tiffany lamps, say, had I not been buttered up by Rose Uniacke’s lusciously styled vintage Louis Poulsen lamps and Gio Ponti writing desk, but defenses weakened, I could see the vision. It’s important to lower the guardrails on inspiration in the company of those with impassioned and specific tastes.
With News Editor Maya Kotomori.
What’s new
Sézane, with its sensibly priced, natural-textile, feminine apparel and accessories of French origins, has found a fitting partner in a likeminded leader of sensibly priced, natural-textile, feminine apparel and accessories brand of American origins, Sea New York. The collaboration plays up the brands’ shared penchant for eyelet lace, military fatigues, patchwork, and ‘70s nostalgia (the Harper Hoof is identical to the platform clogs I’d have worn to my job at a Wasteland on Haight St in my 20s).
Sydney Sweeney’s lingerie line SYRN arrives with a point of view true to the gen-Z bombshell blonde’s public image. We’ve got all the merchandising bells and whistles: size-friendly from XS to 2X, one type of lace in limited colors deployed across a bra, bralette, some various panty silhouettes, basque, and bodysuit (with a couple fun extras like some thigh hold-ups, and a corset). The appeal is the lack of excess: Nothing really competes, it’s just one idea executed all the way through that is unfortunately rare for a celebrity line. Only hours into launch and things are already mostly sold out—guess that’s what a billion in funding can accomplish.
Alex Mill’s Spring Chapter 1 has landed, including conspiratorially wardrobe-subsuming cropped Chiltern Jacket, a fan-requested update to one of its best-selling pieces, ‘90s dad-coded Jo Shirt, and the roll-neck Taylor cardigan you know and love, now in cotton-cashmere. All three are under $300.
Beloved European resale platform Vinted is now available for customers within the U.S. Unfortunately, we Americans are still forbidden from snagging those deeply discounted vintage designer pieces that seem to exist only in the EU, but we can use the platform to buy and sell amongst each other. What will Vinted’s new place mean for an already heavily saturated market with competitors like TRR, Vestiare Collective, and eBay luxury, when you compare commission percentages, tiered membership perks, and the like? We shall soon see…
Phoebe Philo’s Collection D drop confirms several long-held trend predictions. Example one, the drop-waist is no longer theoretical: see the elasticated Kick coat for proof of market arrival. Accessories escalate accordingly: sliced Cruise sunglasses feel destined to eclipse the Mask era, while a salad-bowl-sized brooch priced like a good month’s rent announces that ornamentation is back, unapologetically so.
“Le Paysan,” the SS26 collection from Jacquemus, threads familiar brand codes (square peg, round hole) through a more grounded lens. The Tourni heels in ivory and black echo the zebra-adjacent footwear moment, while peacoats carry real presence. Do we go to Jacquemus for a coat as we do for napkin-like volumes and a geometric vacation sensibility? Not necessarily, but now we can.
Four houses, four new bag directions. Bottega Veneta’s Barbara tote introduces new creative director Louise Trotter’s tenure with a crisp carryall silhouette that lets the intrecciato geometry do all the talking. Then there’s the Givenchy Snatch designed by new creative director Sarah Burton, a hardware-driven top- handle bag, surprisingly austere for its rather slangy gynecological name. Gucci’s Borsetto reframes the classic horsebit in top-handle form with that Demna so-normal-it’s-fashion sensibility. And Prada’s new Wish pouch adds to its Re-Nylon project with a compact drawstring design rooted in circular production.
Several luxury brands mark the Year of the Horse for Lunar New Year with distinct approaches. Tory Burch leans charm-heavy, pairing unique sweaters with cabochon bag chains. Tod’s spotlights leathercraft via ambassadors Xiao Zhan and Zhang Jingyi, plus a horse-shaped leather bag pendant. And Miu Miu enters the chat centering the strength and utility associated with the horse, favoring hardworking bags from the Utilitaire nappa leather line and some exclusive red shades to honor the holiday in the edit.
Heaven Mayhem steps into fine jewelry with the Frame Collection, its first use of lab-grown diamonds and moissanite. The lineup includes sculptural drop earrings, a refined take on the tennis necklace, plus some stud earrings and chokers that skew delicate rather than dainty. It’s a measured expansion, recognizably Heaven Mayhem, now operating in a higher-stakes material category.
Two performance-driven shoes hit market this week. The tabi-toed NikeSKIMS Rift, an evolution of the observedly popular Air Rift, sold out immediately and are already listed on resale platforms at 150% markups. And Adidas and Humanrace’s EVOLUTION Pro sneaker widens the original EVO PRO 1 silhouette, pairing a tougher mesh upper with Pharrell’s signature Humanrace influence and Adidas’ elite running tech for a superior performance shoe. It costs a totally normal price of $1,000.
There’s also: The Row’s Mon Vintage edit, a price-upon-request archive curated by Marie Blanchet, featuring rare Yohji Yamamoto and Margiela pieces the Olsens have openly cited as design touchstones; Nour Hammour’s winter drop doubling down on cold-indulgent tactility via plush shearling, ponyhair, and more; the Eckhaus Latta SS26 drop taking denim to infinity and beyond the El jean and the rib-hugging long-sleeves; the glove-leather shoe wave—seen in The Row’s Liisa and Martiniano’s Party Heels—has hit mainstream via the foot-molding Madewell Dolli loafer; new Lemaire object pendants, including two new gua sha (!) varieties; Neous’s SS26 collection drop “Nostalgic Modernism,” a focused study in sensible slingback heels with (in some cases) matching East-West purses; new Maria La Rosa hosiery lands at La Garçonne; Le Sundial arrives at Moda Operandi with tassel accessories designed for necks, waists, stoles, and (probably) curtains too; and Another Tomorrow’s Spring 2026, leaning into full pastel monochrome, reads unabashedly 2016 in the most sincere trend-aware way.
Home releases
Design Within Reach launches an exclusive collection with ceramicist Devin Wilde, spanning side tables, plinths, and multifunctional vessels. The pieces in this collection are allowed to move fluidly between furniture and object, tables that work as art, vessels that work equally well as vases or oversized candle holders. The range emphasizes presence within a room, without sacrificing utility. Yes, you can put your drink there, as long as you use a coaster.
A jewelry brand and a furniture studio are collaborating on a lamp that looks like a tiny dining table wearing a skirt, and no, no one is having a transient ischemic attack. We’re talking about the Table Lamp 04, a collaboration piece between J. Hannah x TTMM.
Christofle’s Malmaison Riviera flatware arrives like it belongs in the kitchen on the SS Enterprise. Precious metal finishes—rose gold, silver, and gold—elevate the brand’s classic lines into something that feels almost sci-fi fine dining.
This collaborative collection from Morris & Co. and Zara Home revives cotton percale and unapologetically patterned bedding, think late-’90s catalog florals with a French boulangerie lean. Slightly aged motifs feel awkward solo but thrive when paired together, like this floral sateen bed linen and striped cushion cover.
House numbers aren’t usually treated as design moments and this collaboration argues otherwise. Mud Australia and Vince Frost introduce pastel ceramic numerals that make the front of the home feel intentional rather than default.
What’s on sale
EXCLUSIVE: Croissant, the guaranteed-buybacks shopping tool we helped introduce in 2024, has added yet another channel for users to save on purchases. To quickly recap: The platform’s app and browser extension allow shoppers to see in advance the resale value of an item before buying it—a figure that is upheld by Croissant, which pays the commission out directly if and when the time comes to let a piece go. (Last year, Croissant added its long-awaited Warehouse of gently used bought-back pieces for second-hand shoppers to pick up at excellent prices.) Today, new-in shoppers will also earn a 10% credit for any item bought through Croissant (20% on their first purchase!) to spend across the platform’s extensive store network that includes Nordstrom, Revolve, Altuzarra, FRWD, Saks, By Far, the Croissant Warehouse itself, and more...Say I buy this Saint Laurent “Sac de Jour” for $5,100, not only do I see immediately that I can sell it back for $1,071, I also get $510 in credit (or $1,020 for my first purchase) to spend where I like. I’m absolutely factoring that $2,091 offset—over 40% of the product’s price—into my decision-making for such a high-value purchase.
Credo Beauty’s sale covers skin, body, and home, making it more than a beauty clear-out. Highlights include Dedcool’s Taunt massage candle, which doubles as scent and self-care, and Le Paradis’ Tulum Face Oil. It’s a rare chance to stock essentials and ambient extras without the usual clean-beauty price resistance.
An extra 20% off at discount with FLASH20. This is the kind of sale Net-A-Porter does best. Gianvito Rossi patent Mary Janes drop from $895 to $358, Loewe’s bleached wide-leg jeans land at $475 with the extra discount, and the overall edit ultimately rewards patience for going through the scroll.
80% off across nearly 500 styles is no small thing for Miss Sandro! Sequined pieces drop from $340 to $68, though sizing roulette applies for matching items in a set. The sheer range is wide enough to justify a complete look-through (the highest discounts appear to be in the unofficial midi-dresses-for-work category), and the discounts are steep enough to forgive final-sale logistics.
Voo Store’s sale leans heavy, with much of the inventory sitting around 60% off. Highlights include Margiela 5AC mediums at half price and Simone Rocha ballerinas. The edit suggests a tough buy last season, but shoppers benefit, especially across contemporary designers like Nensi Dojaka, ERL, and Isa Boulder.
Staud’s sale spans textures and moods: snakeskin boots, sequined dresses, and daywear that can, when pieced together, moonlight as an evening look if you get creative. The Madeline dress and Nadia Mini see similar markdowns despite wildly different energies. It’s a strong sale geared toward variety shoppers, less about one look, more about experimenting across categories.
Outerwear dominates the top feed of Moda’s current sale edit, suggesting a strategic push to move serious stock. Standouts include an Oscar de la Renta mohair coat reduced from $9,290 to $2,787, plus lighter fantasy purchases like Flore Flore trousers, perfect for pre-spring mental styling, even if the weather disagrees.
There’s also: MyTheresa’s extra 20% off selected sale pieces, heavy on Valentino Garavani shoes and accessories and a few gowns in specific sizes—an elegant moment to honor the late couturier; Telfar’s end-of-season 50% off clear-out, essentially souvenir shopping for fashion people who know exactly what they’re signaling and want to rep their set; Theory’s private flash sale offering deep inventory on wool suiting that still does the office better than most; and (not a very Magasin’y brand, but people seem to love) Tuckernuck’s biggest sale of the year, positioning itself as a Reformation-adjacent one-stop shop for pastoral dresses with a healthy dose of Princess Diana sporty.
Home sales
Autumn Sonata opens its archive with a focused print offering drawn from past collections. Victorian-leaning paisley patterns like the Marianne return across tablecloths, placemats, and napkins. It’s a great opportunity to pick up the brand’s more ornate textiles at a reduced price, without sacrificing the drama that defines them.
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Giving Sydney Sweeney positive press — is this a conservative publication, or are you of the belief that fashion isn’t political?
Wasteland on Haight ♥️