For its latest show, the house of Calvin Klein took us to an art foundation in East Village, which back in the founder’s glory days of purist minimalism was the neighborhood that gave birth to punk rock.
A look from the Calvin Klein spring/summer 2026 show in New York – Courtesy
The change in setting mirrored the change in direction under new designer Veronica Leoni, whose initial inspiration for this collection came from watching New Yorkers en route to work early morning. The whole collection riffed on work wear and workerist details, and the collection – especially the women’s element in a co-ed show – looked ideal for the thrusting ambitious women that populate New York.
Opening with a certain irony with aprons that morphed into curvy cocktails with pockets and no back – one in beige another in black.
Leoni cut superb voluminous coats – from slate-hued boiled chiffon great coats with horseshoe necklines, to a mannish double-breasted jacket worn open over satin top and shorts. Best of all, a hyper oversized sand-hued trench falling off the shoulders.
“This past year I really wanted to get close to the brand, close to its DNA and the traditions. To try to own it in my own way,” explained the Rome-born Leoni post show.
Backed up by a great soundtrack by Kid Harpoon including snippets of the immortal Caetano Veloso singing “Cucurrucucu Paloma”, Leoni broke new ground with bold theatrical looks: a divine dove grey plissé gown dissected like many ensembles by a leather string belt, or a massive enveloping battleship grey lambskin trench – again held taught with string leather.
A look from the Calvin Klein spring/summer 2026 show in New York – Courtesy
She even featured a couple of great dressing gowns in bold stripes, the model clutching office and apartment keys attached to leather lariats.
“Magnifying normality but bringing it to its next level. A sense of the raw beauty that one sees on the street here,” said Leoni, adding that an obsession she shared with her mother with the TV series “Dynasty” led to several power looks. “Part of the transatlantic DNA we are trying to build up here,” she smiled.
The cast appearing down an industrial stairway before touring around inside the Brant Foundation, a converted Con Edison substation that was formerly the studio of the legendary land artist Walter De Maria.
The show also include lots of insider puns: from the soundtrack that lifted a line about Calvin Klein in the movie “Back to the Future”, to the plays on possibly Calvin’s most famous signifier – underwear.
Playfully with a combo of floral Victorian bloomers with matching vest, or saucily with sports-bras that peaked above a crepe top with a sweetheart neckline or a fine wool deep gorge jacket.
A look from the Calvin Klein spring/summer 2026 show in New York – Courtesy
Before sending out a female model in logo long johns or completing a pair of sporty visors in the underwear trim. All the way to a brilliant tweed column made in fabric lattice of elasticated yarn and underwear trim.
Many of a splendidly fresh new cast – courtesy of the astute eye of Ashley Brokaw – sported workerist scarves on their head – like post-war Italian field workers.
For men, her slate grey denim suit with hunting jacket or a fantastic, crushed linen and hyper gathered muddy grey coat worn over long johns were great eye catching.
Adding more humor with a riff on cheerleaders, with pompons attached by string to the hem of several lingerie dresses.
All told, a very impressive display by Leoni in her second collection for the house. Greeted with sustained applause by an audience that included Lily Collins, Iris Law, Emily Ratajkowski, Naomi Watts and singer, Rosalia.
Outlet destinations have been among the most buoyant retail centres in recent years and on Wednesday, retail property giant Landsec provided yet more evidence of that trend.
Gunwharf Quays
It said it recorded 8.1% year-on-year sales growth across its outlets during Black Friday week, continuing a year of sustained growth across its outlet portfolio, which also reported a record-breaking year in 2024.
Its outlet trio, Gunwharf Quays, Braintree Village and Clarks Village, generated a combined spend of £16.3 million across the week, with footfall up 8.6% year on year, “demonstrating the continued strength of in-person retail during key calendar moments”. But it also demonstrated just how much consumers are focused on discounts given that they visited destinations already offering discounts for the even greater markdowns available during that week.
Landsec said this “builds on a consistently strong trading performance across the outlet portfolio and follows a record-breaking year for spend across major Landsec retail destinations during the last financial year”.
Braintree Village enjoyed a record-breaking week, with Saturday seeing its highest single day of footfall since the pandemic. Clarks Village recorded its highest-ever sales day. And Gunwharf Quays saw its biggest-ever sales week, building on last year’s record. The outlet also recorded its highest-ever single-day revenue and footfall up 9.8% year on year.
The landlord added that individual store success was strong, with 25 brands achieving record sales weeks at Gunwharf Quays alone, while a further nine brands set new records on Saturday.
And what were consumers buying? Across the outlet portfolio, shoppers spent the most on health & beauty (+46% week on week), gifts, cards, toys and books (+43%), and accessories (+40%). These categories have continued to show strong momentum in 2025 across Landsec’s outlet destinations.
Ann Summers has filed its accounts to the end of June 2025 and it’s certainly encouraging to see that the lingerie specialist — which has struggled in recent periods — looks to be heading towards a recovery despite still posting losses.
Knickerbox.com
The company said that its 2024/25 financial year was one of “resilience and strategic adaptation”.
Turnover was “stable”, although it actually increased slightly but not enough to make up for the impact of inflation. It rose to £93.4 million from £93 million, although the cost of sales also edged up slightly.
The business remained loss-making, as mentioned, but the operating loss before tax and exceptional expenses narrowed to £5 million from £9.8 million a year earlier. The loss on ordinary activities before tax, as well as the net loss, showed an even greater decline at £3 million compared to £13 million12 months before.
So what happened in the 12-month period? Against the backdrop of persistent economic uncertainty, rising inflation and the ongoing cost of living crisis, Ann Summers said it managed to overcome major retail headwinds.
Trading conditions stayed tough with discretionary spend under pressure but it optimised its store estate while maintaining a strong presence physically with 75 locations. It also continued its expansion through third-party partnerships including its collaboration with LIWA, which has opened new opportunities in the Middle East
Its web channel remained a key part of its omnichannel strategy for both the UK and abroad. But during the year it made the strategic decision to close Connect, its direct selling channel. That ceased trading after the financial year ended, in October 2025.
A milestone was the launch of knickerbox.com in July 2024, so that came right at the start of the financial year in question. That brand is well known so should be a source of future growth.
Alongside the launch it also introduced KBX, its new in-house brand that claims to offer “stylish, effortlessly sexy, everyday lingerie”. The company said this strategic move allows it to connect with the border audience and strengthen its digital presence.
The company hasn’t posted a profit since the year to June 2021 and its losses have added up to £40 million since then. But this latest set of numbers, along with the new developments and strategic closures, suggests that the picture could change soon.
Target Corporation has opened a new concept store in New York’s SoHo district, introducing an experiential retail format.
Target opens new concept store in SoHo, New York. – Target
The location at 600 Broadway marks the debut of Target SoHo, a format the company describes as a “living, breathing style experience.”
It features curated zones built for product discovery. “Curated By”, a seasonal edit created in partnership with New York tastemakers, launches with actress and comedian Megan Stalter highlighting her Target picks across fashion, beauty and home. Meanwhile, “The Drop @ Target SoHo”, located on the first floor, will serve as a rotating showcase for monthly style collections.
The store also opens with the Broadway Beauty Bar, where celebrity makeup artist Katie Jane Hughes is curating her must-have Target beauty picks, and offering a social-driven space where guests can test products and create content.
Timed for the holiday season, Target is also introducing the “Gifting Gondola”, a photo-ready installation featuring exclusive merchandise, and a “Selfie Checkout” moment designed for social sharing.
“Style and design are part of Target’s DNA, and there’s no better place for us to showcase what’s next for our brand than in one of the style capitals of the world,” said Cara Sylvester, executive vice president and chief guest experience officer, Target.
“With Target SoHo, we’re bringing together the best of Target and the best of New York — elevated products, immersive storytelling and an experience that invites guests to explore, express and get inspired. This store is a bold reflection of our commitment to style, and it’s just one part of our larger investment in Target’s design-driven future that grows our roots even deeper in New York City.”
The company plans to continue evolving the location over the next year as part of a phased rollout. Target said the store will add new experiential zones, seasonal activations, and café and event programming through 2026.
The SoHo opening comes as Target increases its investment in New York, including a new headquarters space, partnerships tied to New York Fashion Week and now Target SoHo.