Category: Fashion Week

LOS ANGELES — Busy day? Same. Here’s everything the runway, the beauty counter and the group chat did in the last 24 hours, with receipts.

1. Dua Lipa went to the opera in next season

Monday night at the Met Opera premiere of Lincoln in the Bardo, Dua Lipa skipped the archive and went straight to the future: one of the final looks from Maximilian Davis’s spring 2027 Ferragamo collection, a black off-the-shoulder gown in shimmering paillettes with a theatrical train, worn with the runway’s own black pumps. She is not the only one shopping that collection early. Sarah Paulson wore Davis’s bronze finale look to the 2026 Academy Museum Gala over the weekend (Vogue).

The plot twist: the red carpet is loving Ferragamo more than the spreadsheet is. The house reported nine-month sales of €675 million, down 2.8%, with third-quarter revenue down 6.2% (Modaes). Gowns are a hot ticket; the earnings call is a cooler one.

2. The Victoria’s Secret show will not leave the group chat

Two days later, it’s still everywhere. JADE’s debut single “Angel of My Dreams,” which played while Kylie Jenner walked in the $50 million Fantasy Bra, saw a reported 2,049% spike in streams. JADE posted a video joking that nobody on her Tube carriage knew (The Celeb Post).

TikTok hasn’t moved on either. On Tokchart’s fastest-growing hashtags list, comparing this week with last week:

• #victoriassecretfashionshow: 661 videos, up from 74 (+793%), about 73 million views this week.
• #vsfashionshow, the official tag: 588 videos (+561%), about 120 million views.
• #vsfs2026: 104 videos, up from 7 (+1,386%).
• #housewifetatemcrae: 79 videos, up from 2 (+3,850%). Tate McRae performed “Housewife” at the show.
• #barbarapalvin: 147 videos (+765%), about 41 million views.
• And for the other big LA night of the weekend, #academymuseumgala: 155 videos, up from 1 (+15,400%), about 25 million views.

Trackers only count the videos they index, so read these as direction, not a census.

3. The backstage receipts

The beauty credits are in, and they’re very glam. Hair lead Guido Palau built the bouncy blowouts with sky-high rollers, extensions, L’Oréal Paris Elnett and two Color Wow products. Dame Pat McGrath, back for a second year as makeup lead, went for luminous layered skin, shimmer and big lashes, with a soft liner smudged out under the shadow and glossy lips (Harper’s Bazaar).

Nails had two moods. Megan Moroney’s manicurist Zola Ganzorigt painted a “VS Angel Mani” in OPI: a pink base, the brand’s signature stripes and hand-painted chrome angel wings (Byrdie). On the runway, long, rounded “cashmere” nails, a blush nude with a pearly sheen, showed up on Anok Yai, Iris Law and Ashley Graham (Women.com). Short nails, we’ll call you.

And the skin was prepped like it was going to war. WWD reported Tuesday that facialists Mimi Luzon, Keren Bartov and LA-based Shani Darden worked the VS cast and the Academy Museum Gala crowd with radiofrequency devices, LED, microcurrent and, for most of Luzon’s clients, a 24-karat gold mask. “It’s really important that we don’t have any downtime,” Luzon told WWD.

4. The after-party went to Chateau Marmont

The official VS after-party was at Chateau Marmont, and Bella Hadid arrived in an all-black lace mini, sleek shades and pointed pumps. Vogue read it as a nod to Britney Spears at the 2001 MTV VMAs and, with Halloween coming, a reminder that iconic red carpet looks make excellent costumes. We’re not saying go as the Björk swan. Vogue is.

5. Musical chairs, luxury edition

Three big design jobs are open at once. In the last fortnight Anthony Vaccarello ended his 10-year run at Saint Laurent, Veronica Leoni left Calvin Klein Collection after four seasons, and Seán McGirr left McQueen after three years. Kering says Saint Laurent and McQueen will “soon announce” new creative leadership; no successors have been named (Drapers). Start your fantasy drafts.

6. Luxury is on high alert in Europe

Not gossip, but you should know: hundreds of stores have been looted in Paris and other French cities on the sidelines of protests, including Saint Laurent, Celine, Dior and Louis Vuitton. On Tuesday the Fédération de la Haute Couture et de la Mode, which runs Paris Fashion Week, said it “expresses its full support for its members.” Some Milan stores have shuttered ahead of planned protests there (Vogue).

7. Gap x Victoria Beckham, round two

Gap and Victoria Beckham dropped their second collection Tuesday: 37 pieces of cashmere, merino and Gap’s CashSoft knits, statement outerwear, tailoring and new Gap denim (WWD). Posh, but make it the mall.

8. New on the beauty shelf

• Dose (Of) Derm. Dermatologist Sheila Farhang, who practices in Tucson and Beverly Hills, launched a rare dermatologist-founded makeup brand Tuesday, starting with one product: a $68 All-in-One Clinical Foundation in six shades with mineral SPF 45 (Beauty Independent).
• Haeze. Brand incubator Very Great is entering beauty with a fragrance line codeveloped with Target, launching Nov. 1: five layerable scents, a $49 eau de parfum and a $20 solid that doubles as a bag charm. Its creative director, Andy Anderson, is based in Los Angeles (WWD).

9. Around the world in one scroll

• Melbourne. Melbourne Fashion Week opened Monday at the National Gallery of Victoria with the all-Indigenous ganbu marra runway, styled by Lindyn Rowland, with designers including Van Ermel Scherer, Rowland Vision and Saretta The Label (National Indigenous Times).
• Seoul. EXO’s Kai turned up at YSL Beauty’s Holiday Show pop-up at The Hyundai Seoul on Tuesday. The pop-up runs through Oct. 25 (CBC Globe).
• The receipts on fashion month. Onclusive’s final SS27 report, out Tuesday, counted 30 million mentions: Paris alone drew 21.2 million social mentions, Dior took 21.5% of brand social share of voice, and Thai star Lingling Kwong led celebrity conversation with 18.75% (Onclusive).
• Throwback of the day. A clip of Naomi Campbell walking Esteban Cortazar’s fall 2003 show was trending on X (X).

The products and brands in today’s stories

Everything that got a name-check in the stories above, linked to the brand and to the outlet that reported it. None of these links are paid or affiliate links.

• Jacob & Co.: the $50 million Fantasy Bra: 4,410 natural diamonds around a 75.54-carat Fancy Vivid yellow diamond (Vogue)
• Pat McGrath Labs: PermaGel Ultra Glide Eye Pencil, smudged under the shimmer at Victoria’s Secret (Harper’s Bazaar)
• L’Oréal Paris: Elnett hairspray, Guido Palau’s backstage staple (Harper’s Bazaar)
• Color Wow: Dream Coat Supernatural spray and Xtra Large Bombshell Volumizer (Harper’s Bazaar)
• OPI: GelColor in Bubble Bath and Mod About You, plus Chrome Effects in Chrome to Mama, for Megan Moroney’s “VS Angel Mani” (Byrdie)
• Olive & June: Long Lasting Nail Polish in Cookie Swap, suggested for the cashmere-nail look (Women.com)
• Londontown: Starry Chrome Glaze, suggested as a cashmere-nail topper (Women.com)
• Shani Darden Skin Care: Triple Acid Signature Peel, from the LA facialist who prepped Rosie Huntington-Whiteley, Irina Shayk and Ashley Graham (WWD)
• Mimi Luzon: 24-karat gold mask and the new Exogold formula (WWD)
• Keren Bartov: Booster Peel & Glow Serum (WWD)
• Ferragamo: Maximilian Davis’s spring 2027 paillette gowns (Dua Lipa, Sarah Paulson) (Vogue)
• Gap x Victoria Beckham: the 37-piece fall 2026 collection (WWD)
• Dose (Of) Derm: All-in-One Clinical Foundation, $68, six shades, mineral SPF 45 (Beauty Independent)
• Haeze: five layerable scents: $49 eau de parfum, $25 mist, $20 solid, $10 candle (Target, Nov. 1) (WWD)
• YSL Beauty: the Holiday 2026 collection, launched with a Seoul pop-up (CBC Globe)

Our take

The fun stuff and the serious stuff landed on the same day: gowns from a season that doesn’t exist yet, a song that went viral two years after release, and real stores boarded up in Paris and Milan. That’s fashion in 2026. We’ll keep watching LA. Catch up on our own runway coverage in the full Bureau Fashion Week LA archive, and on our Victoria’s Secret week: the Fantasy Bra and the stock bump and the TikTok tags.

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Which of today’s stories are you actually talking about at dinner? Discuss this on the forum.

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LOS ANGELES — The most expensive Fantasy Bra in Victoria’s Secret history was made by Jacob & Co., Vogue and National Jeweler both reported. Bulgari had nothing to do with it. We looked for any Bulgari or LVMH statement about Victoria’s Secret, the 2026 show or the Fantasy Bra, and as of Tuesday, Oct. 20, we found none. So we won’t invent one. Here is what both sides have actually put on the record.

The Fantasy Bra side

Victoria’s Secret’s own Fantasy Bra page presents the 2026 piece. Vogue reported 4,410 natural diamonds around a 75.54-carat yellow diamond and a $50 million price. Jacob Arabo told Vogue the goal was “a piece of high jewelry that could be worn as a bra. No fabric, only gold and diamonds.”

National Jeweler listed earlier Fantasy Bra jewelers, including Harry Winston, Mouawad and London Jewelers. It noted that the brand sells a $398 Fantasy Bra-inspired top, and that Jacob & Co. didn’t say what happens to the bra after the show.

The Bulgari side: high jewelry as an asset

In February, Vogue Business published “Age of Asset: The State of Jewelry in 2026” by Milena Martins-Alexandre. It defined high jewelry as unique pieces priced from $100,000 and quoted Jean-Christophe Babin, whom it identified as Bvlgari chair:

“Clients are comforted by purchasing a product whose value increases over time. … It has reinforced the investment dimension of jewelry.”

— Jean-Christophe Babin, to Vogue Business

Babin also told the outlet that “the client overlap between maisons can reach 60% to 80%”, and put the math of luxury plainly: “If you spend €5,000 for one night in a hotel, however, you can probably spend €50,000 for a watch, or €500,000 for a necklace.”

In a Luxury Society interview, Babin said Bulgari had its best year ever in 2025. He argued the brand would grow “because we’ll gain market share” and described the price range: “You can find a beautiful ring at 3500 euros and you have beautiful one-of-a-kind Serpenti necklaces at 2 million euros.” The outlet reported that Babin was moving from CEO to chairman in July 2026, handing operations to Laura Burdese.

What Bulgari did this season

Instead of a runway bra, Bulgari’s 2026 headline was Eclettica: 128 new High Jewelry designs, which LVMH announced with Babin saying “being eclectic is part of our DNA.” In its third-quarter results, LVMH said Eclettica generated “record-breaking revenue,” as National Jeweler reported.

Next month, Christie’s Geneva will offer “The Bulgari Pink,” a 24.00-carat Fancy Intense Pink diamond ring by Bulgari. The auction is Nov. 10, with an estimate of CHF 10–15 million (US$12–18 million).

The comparison, without the spin

On the numbers alone, the Victoria’s Secret bra’s reported $50 million price is well above the top of Christie’s estimate for the Bulgari Pink. They are different things: one is a showpiece made for a televised runway, and the other is a stone a family has held for more than 70 years and is now selling at auction. Bulgari hasn’t commented on Victoria’s Secret. If that changes, we’ll update this story.

More on the show: how the Fantasy Bra split fans and moved the stock and what Vogue said about the show.

Discuss this on the forum

$50 million for a runway bra or $18 million for a 24-carat pink diamond: which is the real fantasy? Discuss this on the forum.

Sources

• Vogue: Kylie Jenner Debuts on the Victoria’s Secret Runway in its $50 Million Fantasy Bra (Oct 18, 2026)
• National Jeweler: The $50M Victoria’s Secret ‘Fantasy Bra’ By The Numbers (Oct 20, 2026)
• Victoria’s Secret: 2026 Fantasy Bra (official page)
• Vogue Business: Age of Asset: The State of Jewelry in 2026 (Milena Martins-Alexandre, Feb 12, 2026)
• Luxury Society: Market Share Over Market Size: Jean-Christophe Babin on Bulgari’s Record Year (May 19, 2026)
• LVMH: Maison Bvlgari unveils Eclettica
• National Jeweler: LVMH’s Jewelry Brands Turn in ‘Very Good’ Performance in Q3
• Christie’s: Christie’s Presents The Bulgari Pink (Oct 9, 2026)

Photo: Anthony Perlas / @lillithmagic, from Nightlife Report’s Bureau Fashion Week LA coverage. Not from the Victoria’s Secret show. No AI-generated images were used.

LOS ANGELES — Vogue covered the Victoria’s Secret Fashion Show of Sunday, Oct. 18, from several angles: the Fantasy Bra, an exclusive backstage look, the red carpet and, at British Vogue, the beauty. We read all of it. Below is what the magazine reported, with short quotes and a link to each piece.

The bra: “a truly excessive piece of jewelry”

In Vogue’s report on the Fantasy Bra, Max Berlinger wrote that the piece features 4,410 natural diamonds surrounding a 75.54-carat radiant-cut Fancy Vivid yellow diamond, that 15 craftspeople spent more than 1,000 hours building it, and that at $50 million it carried “the highest price (by some $35 million) for a Fantasy Bra to date.”

“A big idea for the show was fandomonium. … a truly excessive piece of jewelry and artistry. It’s almost museum quality.”

— Adam Selman, chief creative officer of Victoria’s Secret, to Vogue

Vogue also quoted the bra’s maker, Jacob Arabo of Jacob & Co., who said his vision “was to create a piece of high jewelry that could be worn as a bra. No fabric, only gold and diamonds.” The same story ran at British Vogue.

Backstage: “divisive” and a “great fashion export”

Vogue’s behind-the-scenes look, also by Berlinger, argued that “there’s a case to be made for Victoria’s Secret being one of America’s great fashion exports”. It cited about $6.5 billion in revenue last year and an estimated 2.9 million viewers for last year’s show. It didn’t pretend everyone agrees:

“It’s no big secret that Victoria’s Secret is divisive—misogynistic to some, old-fashioned fun to others.”

— Vogue, backstage at the 2026 show

Selman told the magazine, “I don’t want to dress women up like dolls or in costumes”, and described the brand as “the American dream, and certainly the American fantasy.”

The red carpet and the beauty

Vogue’s Christian Allaire rounded up the stars at the show, with Nicole Kidman and Law Roach named in the headline. At British Vogue, Violet Hayward wrote about the beauty: Pat McGrath “masterminding the baby winged eyeliner and glitter”, Guido Palau on the blowouts, and the “cashmere nails” that she said “sparked manicure inspiration.”

A year ago, Vogue Business asked the harder question

For context: before the 2025 show, Vogue Business ran “Can Victoria’s Secret crack the fashion show formula?” by Madeleine Schulz. Selman told the outlet, “It’s the spectacle. It’s supposed to be big”. Brand strategist Ana Andjelic was blunter about the brand’s confidence messaging: “This is so 2010 — we know that, we’ve been there.”

Our read

Read together, Vogue treats the show as two things at once: a spectacle built for fans and a big American business. The Fantasy Bra is the clearest example of both. We’ve covered the fan and market reaction in Kylie Jenner’s $50 million bra, the TikTok numbers and the AI runway trend.

Discuss this on the forum

Vogue calls Victoria’s Secret divisive and a great fashion export in the same breath. Which is it? Discuss this on the forum.

Sources

• Vogue: Kylie Jenner Debuts on the Victoria’s Secret Runway in its $50 Million Fantasy Bra (Max Berlinger, Oct 18, 2026)
• Vogue: An Exclusive Behind-the-Scenes Look at the 2026 Victoria’s Secret Fashion Show (Max Berlinger, Oct 18, 2026)
• Vogue: All the Stars at the 2026 Victoria’s Secret Fashion Show (Christian Allaire, Oct 18, 2026)
• British Vogue: Kylie Jenner Debuts On The Victoria’s Secret Runway (Oct 19, 2026)
• British Vogue: Victoria’s Secret Fashion Show Was All About Cashmere Nails (Violet Hayward, Oct 19, 2026)
• Vogue Business: Can Victoria’s Secret crack the fashion show formula? (Madeleine Schulz, Oct 15, 2025)

Photo: Anthony Perlas / @lillithmagic, from Nightlife Report’s Bureau Fashion Week LA coverage. Not from the Victoria’s Secret show. No AI-generated images were used.

LOS ANGELES — Almost nobody gets cast in the Victoria’s Secret show. Nobody’s dog does. So TikTok found a workaround: upload one photo, and an AI video template sends you (or the dog) down a glossy runway in giant feathered wings, waving, strutting and blowing a kiss at the end. It runs 10 to 13 seconds, vertical, ready for the feed (MakeViral; Starrd; Media.io).

How fast it moved

The timeline below comes from MakeViral, one of the template sellers, so treat it as the vendor’s account:

• Oct. 13: TikTok posts start showing a “Victoria’s Secret AI filter” made from one selfie.
• Oct. 17: the hashtag #vsecretai starts for AI runway posts. A creator, @fluffie_the_pom, posts an AI Pomeranian in pink crystal wings trotting down the runway with a slice of pizza; MakeViral counts 20,600 views by Oct. 20.
• Oct. 18: the real show streams live from Los Angeles.
• Oct. 19: three AI video sites add a ready-made runway template. By Oct. 20, MakeViral counts 42 videos under #vsecretai.

The price of a fake angel walk: about $7.50 in credits at Starrd, and 56 to 126 credits at MakeViral.

Not Victoria’s Secret, and they say so

The sellers are careful about the brand. MakeViral says it “is not linked to Victoria’s Secret.” Media.io calls its version “a fan-inspired effect, not an official Victoria’s Secret product.”

They’re careful about faces, too. The rules printed on their own pages:

• “Use your own photo, or one of a friend who said yes. Never a celebrity or a stranger.” (MakeViral)
• “TikTok, Instagram and YouTube all require AI-generated content to be disclosed.” (Starrd)
• “Use a clear photo you have permission to edit.” (Media.io)

What Victoria’s Secret actually did

We found no report that Victoria’s Secret used AI-generated models or imagery in the show. Its push this year was people: an episodic series, Angels Among Us, that crowned 21-year-old Solange Omon as its newest Angel (MediaPost), plus ticket drops and a post-show TikTok Live (Adweek) and a bet on creators (Glossy).

Our take

The pet version is the best version. The rest comes with a rule we already keep at Nightlife Report: we don’t make AI images of real people, and we label anything AI-altered. If you make an angel walk, make it of yourself or someone who said yes, and keep the AI label on. The real runway still belongs to the people who walked it, from Culver City to the models we interview in West Hollywood. Our standards: Modeling isn’t toxic. Gatekeeping is.

More from our Victoria’s Secret week: the Fantasy Bra backlash and the stock bump and the TikTok hashtags still climbing.

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AI angel walk: harmless fun, or the start of a fake-runway problem? Discuss this on the forum.

Want every frame from our own runway coverage? Full galleries starting at $7/month at patreon.com/aperlas.

LOS ANGELES — Victoria’s Secret built this year’s show for the phone. It streamed live on YouTube, Instagram and TikTok under the official tag #VSFashionShow (VS press room), and the brand followed it with its first post-show TikTok Live (Adweek). Two days later, TikTok is still chewing on it.

The hashtags that are actually moving

These are this week’s numbers from Tokchart’s fastest-growing hashtags list, updated Oct. 20, comparing videos this week with last week:

• #vsfs2026: 82 videos, up from 3 (+2,633%), about 1 million views this week.
• #victoriassecretfashionshow: 416 videos, up from 56 (+643%), about 8 million views this week.
• #vsfs: 143 videos, up from 14 (+921%), about 2 million views.
• #housewifetatemcrae: 72 videos, up from 2 (+3,500%), about 1 million views. The broader #housewife tag is up 1,070% to 1,579 videos, though not all of those are about the show.
• #vsfashionshow, the official tag: Toklytics flags it as trending, +772% against its recent average, with 818 million views across the 263 videos it tracks.

Why ‘Housewife’

Tate McRae performed ‘Housewife’ for the first time at the show, Billboard reports. The tag carrying her name is the fastest climber on the list that’s tied to the show.

The clips people kept sharing

• The front row. Videos of Timothée Chalamet and Kris Jenner cheering Kylie Jenner’s walk went viral, Her Campus reports, citing TikTok posts. On X, one nine-second version had 1,986,882 views by Monday (The LA Globe).
• The vlog. Jenner’s behind-the-scenes YouTube video passed 3 million views (SI Lifestyle).
• The brand’s own posts. Victoria’s Secret’s TikTok captions, tagged #vsfashionshow, included Adriana Lima hitting her 21st runway and a “Proud mama” post with Kris and Kylie Jenner (Socialpruf’s listing of the account).
• The biggest number we saw. Virlo Media says the top Fantasy Bra reaction clip, from creator haleyybaylee, pulled 16,056,876 views.

How we got these numbers

We couldn’t pull counts from TikTok itself: its hashtag pages don’t show them without the app. The figures above come from public trackers (Tokchart, Toklytics) and the outlets linked. Trackers only count the videos they index, so read them as direction, not a census.

More from our Victoria’s Secret week: the Fantasy Bra backlash and the stock bump, and the fashion internet’s verdict on the show. And for a TikTok success story from our own beat: Sofie SanFilippo.

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What’s the one Victoria’s Secret show clip you couldn’t stop rewatching? Discuss this on the forum.

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LOS ANGELES — The Fantasy Bra came back. For the first time since 2018, Victoria’s Secret put its diamond showpiece on the runway at Sunday’s show at Sony Pictures Studios in Culver City, and it didn’t go to a career Angel. It went to Kylie Jenner, walking her first Victoria’s Secret show (Vogue; Seeking Alpha).

The piece is the most expensive Fantasy Bra yet: $50 million, built with Jacob & Co. from 4,410 natural diamonds around a 75.54-carat Fancy Vivid yellow diamond. Vogue reports it took 15 craftspeople more than 1,000 hours, and that the price beats the old record by some $35 million.

The fans: not exactly dreamy

USA Today reports online viewers and fans “were not exactly thrilled” about Jenner wearing a piece that has historically gone to longtime Angels. The roll call is long: Claudia Schiffer wore the first one in 1996, and Adriana Lima, Heidi Klum, Gisele Bündchen and Elsa Hosk have all worn it (Her Campus).

The split showed up under the night’s most-shared clip, a nine-second front-row video of Timothée Chalamet cheering. The LA Globe counted 1,986,882 views by Monday, and reported that the two most-liked replies were skeptics: “This is embarrassing for VS.” and “She shouldn’t be there.” Fans answered right behind them.

Why Victoria’s Secret picked her

The brand says the choice was the point. Chief creative officer Adam Selman told Vogue:

“Kylie really extends beyond fashion, beyond culture, beyond TV, beyond one singular thing.”

— Adam Selman, Victoria’s Secret chief creative officer, to Vogue (via Her Campus)

Jenner, in a behind-the-scenes YouTube vlog that passed 3 million views, said the brand asked her “months” ago (SI Lifestyle):

“I grew up watching the Victoria’s Secret fashion shows, and of course, how could anyone say no?”

— Kylie Jenner, in her YouTube vlog (via SI Lifestyle)

Wall Street: loved it

Barron’s reported the stock rose about 4% after the show, its biggest one-day rise in two years (MediaPost). By the Monday close it had settled at $89.98, up 3.02% from $87.34 (BestStocks). Barclays put it plainly in a Monday note:

“What stood out most to us was how closely the show resembled the Victoria’s Secret of the past. In our view, the event was another tangible proof point that VSXY is returning to the core heritage.”

— Barclays analysts, via Barron’s

• Barclays raised its price target to $112 from $106 and kept an Overweight rating (TipRanks/TheFly).
• Morgan Stanley’s Alex Straton raised his to $104 from $101 (BestStocks).
• Per Barron’s via MediaPost: the marketing campaign started seven months out instead of three, nearly tripling Instagram posts about the show, and 17 times as many items were directly shoppable.
• The ticker is now VSXY. Earlier this year the company changed it from VSCO (MediaPost).

The critics: ‘as if the past seven years didn’t happen’

Not everyone read the throwback as progress. New York Times fashion critic Vanessa Friedman wrote, “It’s almost as if the past seven years didn’t happen,” as quoted by MediaPost.

Our take

Both camps are right, and that’s the business. The Fantasy Bra used to be a promotion you earned after years on the runway. This year it was a booking for reach, and the market paid for the reach. Fans who grew up on the Angels are allowed to be annoyed, and shareholders are allowed to be happy. The question for the rest of the industry is what this tells working models about how the next big break gets handed out.

We’ve been on this beat all week: the Angels who didn’t make the cut, whether Victoria’s Secret stopped scouting, the fashion internet’s verdict, and the mom who made her LA debut the night before.

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Should the Fantasy Bra go to a career Angel, or to whoever moves the most attention? Discuss this on the forum.

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