Eilish, Chalamet, Gorman and Osaka Headline Fall Met Gala

Actor Timothée Chalamet poses for photographers upon arrival at the premiere of the film 'The King' at the 76th edition of the Venice Film Festival, Venice, Italy, Monday, Sept. 2, 2019. (AP)
Actor Timothée Chalamet poses for photographers upon arrival at the premiere of the film 'The King' at the 76th edition of the Venice Film Festival, Venice, Italy, Monday, Sept. 2, 2019. (AP)
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Eilish, Chalamet, Gorman and Osaka Headline Fall Met Gala

Actor Timothée Chalamet poses for photographers upon arrival at the premiere of the film 'The King' at the 76th edition of the Venice Film Festival, Venice, Italy, Monday, Sept. 2, 2019. (AP)
Actor Timothée Chalamet poses for photographers upon arrival at the premiere of the film 'The King' at the 76th edition of the Venice Film Festival, Venice, Italy, Monday, Sept. 2, 2019. (AP)

When the Met Gala returns in September, it will feature a starry contingent of celebrity co-chairs: Actor Timothée Chalamet, musician Billie Eilish, poet Amanda Gorman and tennis star Naomi Osaka.

Honorary chairs for the evening will be Tom Ford, Adam Mosseri and Vogue's Anna Wintour.

The museum made the announcement Monday on the traditional day of the Met Gala — the first Monday in May. Those plans, of course, were upended by the pandemic. The September 13 gala will be a more intimate affair, to be followed by a larger one on May 2, 2022. Both will launch a two-part exhibition, a survey of American fashion to be on view for almost a year.

“In America: A Lexicon of Fashion,” opening Sept. 18, will celebrate the 75th anniversary of the museum’s Costume Institute and “explore a modern vocabulary of American fashion,” the museum has said. Part two, “In America: An Anthology of Fashion,” will open in the museum’s popular American Wing period rooms on May 5, 2022, and will explore American fashion, with collaborations with film directors, by “presenting narratives that relate to the complex and layered histories of those spaces.” Both parts will close on Sept. 5, 2022.

Filmmaker Melina Matsoukas (“Queen & Slim”) has been commissioned to create an open-ended film to project in the galleries, with content changing during the course of the exhibition.

The gala, which was canceled last year, is a major fundraiser, providing the Costume Institute with its primary source of funding.

As always, the exhibits will be the work of star curator Andrew Bolton.

In addition to Matsoukas, other confirmed collaborators from the film world include cinematographer Bradford Young, whose projects have included “Selma” and “When They See Us;” production designers Nathan Crowley and Shane Valentino; and Franklin Leonard, film executive and founder of The Black List, a listing of top unproduced screenplays.



Zalando Sales and Profit Margin Rise on Stronger Demand

Zalando packaging from an online delivery is seen discarded in a cardboard box in Galway, Ireland, August 27, 2020. Picture taken August 27, 2020. (Reuters)
Zalando packaging from an online delivery is seen discarded in a cardboard box in Galway, Ireland, August 27, 2020. Picture taken August 27, 2020. (Reuters)
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Zalando Sales and Profit Margin Rise on Stronger Demand

Zalando packaging from an online delivery is seen discarded in a cardboard box in Galway, Ireland, August 27, 2020. Picture taken August 27, 2020. (Reuters)
Zalando packaging from an online delivery is seen discarded in a cardboard box in Galway, Ireland, August 27, 2020. Picture taken August 27, 2020. (Reuters)

German online fashion retailer Zalando on Tuesday reported a higher profit margin for the third quarter thanks to stronger consumer demand, as it focuses on pricier brands to fend off fierce competition in the mass market.

Zalando has also been scaling up its logistics business, through which it sells its platform and network to other retailers and brands, as it pursues new growth drivers.

Quarterly revenue from its online fashion platform rose 4.3% to 2.2 billion euros ($2.4 billion), and revenue from its logistics business, which added British retailer ASOS as a customer, grew 11% on the year to 239.7 million euros.

Zalando's operating profit margin increased by 2.9 percentage points to 3.9%, and the average order value on its platform was 61.1 euros ($66.50) in the third quarter, up from 58.8 euros a year ago.

Bryan Garnier analyst Clement Genelot said Zalando benefited from a rainy September in Europe that helped boost sales of autumn/winter garments across the sector.

"Zalando will have to prove its ability to continue to accelerate growth, beyond temporary weather-related tailwinds, in the coming quarters to please investors," he said.

Zalando confirmed its growth and profit outlook for the year, which it hiked in early October. It expects gross merchandise volume - a key revenue metric for the total value of all goods sold on the platform - to grow between 3% and 5% this year, and revenue to increase between 2% and 4%.

Zalando's shares were up 2.8% in pre-market trading. The stock, up 30% since Jan. 1, has had a bumpy few years, surging during the pandemic when online shopping boomed and falling rapidly after COVID restrictions eased.