Photo: Stefanie Keenan/Getty Images for goop
These are the stories making headlines in fashion on Friday.
Lawsuit against Thirteen Lune’s Nyakio Grieco withdrawn
Nyakio Grieco and Thirteen Lune are being dropped from the lawsuit filed March 4, plaintiff Relevance Ventures and legal representation for Grieco confirmed Wednesday. The suit alleged misappropriation of company funds, fraud and breach of fiduciary duty, among other allegations. “We are withdrawing our complaint against Nyakio Grieco and Thirteen Lune,” Dean Newton, chairman and general partner of Relevance Ventures, said in a statement. “After limited discovery, litigation with respect to Nyakio and the company was the result of an unfortunate misunderstanding related to information inadvertently not provided to us.” {WWD/paywalled}
Rachel Brosnahan to direct Kate Spade documentary
Rachel Brosnahan is making her feature directorial debut with a documentary exploring the life and legacy of her fashion icon aunt Kate Spade, Deadline reported. The documentary is being produced under a partnership between Brosnahan’s production banner Scrap Paper Pictures, Fisher Stevens’ Highly Flammable and Connor Schell’s Words + Pictures. Spade noticed a gap in the market for stylish yet practical handbags, leading her and her husband Andy to co-found the label Kate Spade New York in 1993, which made the designer a fashion legend. {Deadline}
Ralph Lauren sales rise 14% in Q2 2026
Ralph Lauren shared its second quarter fiscal 2026 results on Thursday, which showed revenues up by 14% in constant currency to $2 billion. Ralph Lauren saw a strong performance across markets, with North America revenue increasing by 13%, Europe revenue jumping 22% and Asia revenue rising 17%. The company raised its full-year outlook, now expecting revenues to increase 5% to 7% on a constant currency basis. {Ralph Lauren}
What everyone’s missing about Ami Colé Founder Diarrha N’Diaye’s Skims move
Ami Colé Founder Diarrha N’Diaye has been named the new EVP of beauty and fragrance at Skims. This move has sparked online discourse, with some users expressing disappointment that she’s aligning with Kim Kardashian and saying they can’t support a brand that’s profited off the same culture N’Diaye helped represent with integrity. As Essence Iman points out in an editorial for Beauty Independent, N’Diaye is taking an executive role that typically comes with stock options and equity compensation at a $4 billion company that’s gearing up to go public, in addition to a likely mid-six-figure salary, which further positions her for financial security. {Beauty Independent/paywalled}
Source: Fashionista.com
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