Must Read: LVMH Is Reportedly Shaking Up Fashion Group Leadership, Have Press Tours Turned Into Costume Parties?

Michael Burke<p>Photo: Bryan Bedder/Getty Images for Fashion Scholarship Fund</p>
Michael Burke

Photo: Bryan Bedder/Getty Images for Fashion Scholarship Fund

These are the stories making headlines in fashion on Thursday.

LVMH is reportedly shaking up Fashion Group leadership
According to Business of Fashion (which cited "sources familiar with the matter"), Michael Burke is stepping back from his role as chairman and CEO of LVMH's Fashion Group after just four months. Executives including Dior CEO Delphine Arnault and Sidney Toledano have reportedly stepped in to manage key matters at labels like Celine, Fendi and Loewe since April. It remains unclear whether Burke will exit his role or take on a retooled scope. {Business of Fashion/paywalled}

Have press tours turned into costume parties?
Recent red carpets have been packed with "method dressing" — from Margot Robbie's recreations of classic Barbie doll looks to Zendaya's tennis-themed "Challengers" ensembles. For Vogue Business, José Criales-Unzueta traces the roots of the method dressing trend back to Zendaya's "Spiderman: Homecoming" and "The Greatest Showman" press tour outfits, masterminded by Law Roach. As other stars have followed Zendaya's lead and applied method dressing to their own press tours, Criales-Unzueta asks: "Has 'method dressing' gone too method?" {Vogue Business/paywalled}

Roksanda sells to The Brand Group
Luxury designer Roksanda Ilinčić has sold her eponymous label to The Brand Group. Roksanda was founded in 2006 and grew in popularity from showing at London Fashion Week and dressing celebrities like Lady Gaga and Anne Hathaway. Ilinčić will remain creative director of the label, and Roksanda reportedly cited "recent volatile market conditions" as its reason for the sale. {Drapers}

Tracee Ellis Ross and Yara Shahidi star in Zac Posen's first Old Navy campaign
Old Navy's latest campaign titled "Summering" stars on-screen mother-daughter duo Tracee Ellis Ross and Yara Shahidi. As the first campaign under Chief Creative Officer Zac Posen, "Summering" features Ross in bright monochromatic outfits and Shahidi in preppy sportswear. See the campaign images featuring Ross and Shahidi below and shop the brand's "Preppy Sport" collection here. {Fashionista inbox}

<p>Tracee Ellis Ross and Yara Shahidi for Old Navy. Photo: Courtesy of Old Navy</p>

Tracee Ellis Ross and Yara Shahidi for Old Navy. Photo: Courtesy of Old Navy

View the 7 images of this gallery on the original article

Saks Fifth Avenue expands roster of brand ambassadors
Saks has expanded Saks Social Club, its invite-only brand ambassador program, the retailer announced on Thursday. Saks Social Club members include Paris Hilton, Chanel Iman, Chloe Fineman, Amanda Nguyen, Emily DiDonato, Leyna Bloom, Tina Craig, Serena Goh, Casey Fremont, Ashley Avignone and Natalie and Dylana Suarez. These brand ambassadors participate in Saks' marketing campaigns, attend Saks events and create content for Saks' digital platforms. {Fashionista inbox}

<p>Photo: Courtesy of The RealReal</p>

Photo: Courtesy of The RealReal

<p>Photo: Courtesy of Katja Rahlwes</p>

Photo: Courtesy of Katja Rahlwes

The RealReal unveils Mel Ottenberg edit
Interview Editor-in-Chief and longtime stylist Mel Ottenberg partnered with The RealReal to curate pieces inspired by his favorite collections and muses. The edit launched on Thursday and will be available to shop in The RealReal's Soho boutique and online. The edit includes pieces from Prada's Spring 1996 collection as well as designs by Richard Tyler, Norma Kamali, Thierry Mugler and more. To shop Ottenberg's The RealReal edit, visit here. {Fashionista inbox}

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