Must Read: The Latest Huda Beauty Controversy, How Dior and Chanel Are Tackling Fashion's Pricing Problem – Latest Fashion Trends & Style Tips February 05, 2026 at 10:30PM

📰 Must Read: The Latest Huda Beauty Controversy, How Dior and Chanel Are Tackling Fashion's Pricing Problem

✨ Fashion Insights & Trends:

Huda Kattan

Photo: Francois Durand/Getty Images for Huda Beauty

These are the stories making headlines in fashion on Thursday.

Could Sephora drop Huda Beauty over Huda Kattan's Iran comments?

Huda Beauty founder and CEO Huda Kattan manages one of Sephora's best-selling brands, but her often misinformed political viewpoints have jeopardized her business and image. Last week, Kattan posted a now-deleted Instagram story seemingly supporting the Islamic Republic of Iran in the wake of the regime's bloody crackdown on protestors. Kattan then posted a video claiming she is not "pro-regime" but has heard "mixed things" about it, but also believes she doesn't know enough about it to speak on it. Sephora has yet to make a public statement, but some stores in the U.S. and Canada removed Huda Beauty signage from their windows. {Puck/paywalled; Ahead of the Kirb/paywalled}

How Dior and Chanel are tackling fashion's pricing problem

Chanel and Dior raised prices by 59% and 51%, respectively, on selected products between 2020 and 2023, compared to an industry average of 36%. These price hikes pushed upwards of 50 million shoppers out of the market. Now, both Chanel and Dior are bulking up the lower end of their leather goods selection. Bag charms, brooches, ballet flats, scarves and sneakers serve to hook shoppers until they are ready to enter the expensive handbag category. {Business of Fashion/paywalled}

Demna is advising Kering's new creative residency initiative

Gucci's Artistic Director Demna and Chinese couturier Guo Pei headline a new 12-member advisory board for Kering's CRAFT initiative, which stands for Creative Residency for Artisanship, Fashion and Technology. The initiative is designed to elevate the next generation of Chinese creative talent and to foster dialogue between China and Europe in design, craftsmanship and innovation. Applications are open until March 1, and the chosen participants will be revealed during Shanghai Fashion Week. {WWD/paywalled}

Estée Lauder Companies sales rise 6% in Q2 

The Estée Lauder Companies released its Q2 results on Thursday, which showed a 6% rise in net sales to $4.2 billion. Its skin-care and fragrance Q2 net sales both increased by 6%, while its makeup sales decreased by 1%. Hair-care sales also returned to growth, rising 5%. The conglomerate is raising its Fiscal 2026 full-year outlook to now predict an organic net sales growth range between 1% and 3%. {Estée Lauder Companies}

Tapestry Inc. reports $2.5 billion in revenue in Q2

Tapestry Inc., the parent company of Coach and Kate Spade, reported its Fiscal 2026 Q2 results on Thursday, revealing a 14% increase in revenue to $2.5 billion. The company saw pro forma revenue growth of 18%, which was driven by a 25% gain at Coach. Tapestry is also raising its Fiscal 2026 outlook, expecting full-year revenue of over $7.75 billion. {Tapestry Inc.}

The shipping technicality holding back circular fashion

Shipping codes were developed by the World Customs Organization in 1983 to help customs officials make sense of global trade. The six-digit codes are used to classify products being imported and exported between jurisdictions, and to determine which taxes and duties are owed. If you trade in new garments, there are hundreds of nuanced codes to use, but circular products only have a couple of options, which hinders transparency and traceability. {Vogue Business/paywalled}

Nili Lotan opens denim concept store

On Thursday, Nili Lotan opened her first dedicated and permanent denim concept store at 183 Duane St. in Tribeca. The space repositions denim as a core luxury category and as Lotan's defining next chapter. "Denim has always been more than a piece in a wardrobe. It carries its own personality, its own attitude," Lotan said in a statement. "When you choose a specific denim, it will communicate your attitude: ease, confidence, cool and a quiet sense of rebellion." {Fashionista inbox}

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