It’s Met Gala Time Again — Here’s What We Know So Far

German fashion designer Karl Lagerfeld acknowledges the applause of his models at the end of the show he designed for the French fashion house Chanel, for the 1993-94 Fall-Winter haute couture collection in Paris, July 20, 1993. (AP)
German fashion designer Karl Lagerfeld acknowledges the applause of his models at the end of the show he designed for the French fashion house Chanel, for the 1993-94 Fall-Winter haute couture collection in Paris, July 20, 1993. (AP)
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It’s Met Gala Time Again — Here’s What We Know So Far

German fashion designer Karl Lagerfeld acknowledges the applause of his models at the end of the show he designed for the French fashion house Chanel, for the 1993-94 Fall-Winter haute couture collection in Paris, July 20, 1993. (AP)
German fashion designer Karl Lagerfeld acknowledges the applause of his models at the end of the show he designed for the French fashion house Chanel, for the 1993-94 Fall-Winter haute couture collection in Paris, July 20, 1993. (AP)

Last year, it took 275,000 bright pink roses to adorn the Metropolitan Museum of Art for the Met Gala, the biggest night in fashion and one of the biggest concentrations of star power anywhere.

It remains to be seen how the museum’s Great Hall will be decorated come the first Monday in May, but one thing is not in question: those entering it will look spectacular. The theme centers on the late designer Karl Lagerfeld, who made an indelible mark on luxury fashion in his long career at Chanel, Fendi and elsewhere. It is a theme not without controversy — Lagerfeld was known for contentious remarks about everything from #MeToo to curvy bodies.

Want to know what to expect as the big day approaches? Not to worry. The Associated Press dusted off its annual guide with some key updates.

What is the Met Gala anyway?

It started in 1948 as a society midnight supper, and wasn’t even at the Met.

Fast forward 70-plus years, and the Met Gala is something totally different, one of the most photographed events in the world for its head-spinning red carpet — though the carpet isn’t always red.

We’re talking Rihanna as a bejeweled pope. Zendaya as Cinderella with a light-up gown. Katy Perry as a chandelier morphing into a hamburger. Billy Porter as an Egyptian sun god. And Lady Gaga’s 16-minute striptease. And, last year, host Blake Lively’s Versace dress — a tribute to iconic New York architecture — that changed colors in front of our eyes.

Then there’s Kim Kardashian, bringing commitment to a whole other level. (It’s reasonably safe to expect her again this year, because why wouldn’t she be coming?) One year, she wore a dress so tight, she admitted she had to take breathing lessons beforehand. Two years ago, she wore a dark bodysuit that covered even her face. But then last year she truly stole the carpet, showing up in Marilyn Monroe’s actual, rhinestone-studded “Happy Birthday, Mr. President” dress (borrowed from Ripley’s Believe It or Not! museum), changing the minute she got inside to protect it. There was controversy later over suspicions, denied by Ripley’s, that she’d caused some damage. But still — that was an entrance.

It’s important to note that the party has a purpose — last year, the evening earned $17.4 million for the Met’s Costume Institute, a self-funding department. Yes, that’s a heckuva lot for a gala. It also launches the annual spring exhibit that brings hundreds of thousands of visitors to the museum.

But it’s the carpet itself that draws the world’s eyes, with the guest list — strategically withheld until the last minute — featuring a collection of notables from movies, music, fashion, sports, politics and social media that arguably makes for the highest celebrity wattage-per-square-foot of any party in the world.

Who’s hosting this year?

This year’s five hosts are drawn from television (Emmy-winning writer, actor and producer Michaela Coel); the movies (Oscar-winning actor Penélope Cruz, who has worked with Chanel for more than 20 years); sports (recently retired tennis superstar Roger Federer); and music (Grammy-winning songstress Dua Lipa). Finally, there is Vogue’s Anna Wintour (do we need to tell you she’s in fashion?) running the whole thing as usual.

Is there always a theme?

Yes. As mentioned above, the theme is Karl Lagerfeld, and the exhibit, “Karl Lagerfeld: A Line of Beauty,” looks at “the designer’s stylistic vocabulary as expressed in aesthetic themes that appear time and again in his fashions from the 1950s to his final collection in 2019.” Once again, it has been created by the Met’s star curator, Andrew Bolton.

Does everyone follow the theme?

Not really. Some eschew it and just go for big and crazy. But expect some guests to carefully research the theme and come in perfect sync. It was hard to beat the carpet, for example, when the theme was tied to “Heavenly Bodies: Fashion and the Catholic Imagination” and Rihanna came as the pope, Zendaya channeled Joan of Arc, and Perry navigated the crowd with a set of enormous angel wings. For Lagerfeld, the clothes may be a bit more, er, down to earth.

How much do I have to pay for a Met Gala ticket?

Wrong question. You cannot just buy a ticket. The right question is: If I were famous or powerful and got invited, how much would it cost? Well, you might not pay yourself. Generally, companies buy tables. A fashion label would then host its desired celebrities. This year, the cost has gone up, as it does every few years due to rising expenses: It’s now $50,000 for an individual ticket, and tables start at $300,000.

This year, there will be roughly 400 guests — similar to recent years but still lower than pre-pandemic highs of 500-600. Wintour and her team still get to approve every guest.

Trying to predict? Take out your pen and jot down some of your favorite names, the buzzier the better. Newly minted Oscar winners, for example, are a good bet. Broadway is a special favorite of Wintour’s. She also loves tennis — this is not fashionable Federer’s first Met Gala. Now, cross everyone off your list except the very top. At this gala, everybody’s A-list.

How can I watch?

You can watch the whole carpet unfold on a Vogue livestream. If you’re in New York, you can also join fans across the street, behind barricades, on Fifth Avenue or even further east on Madison. Timothée Chalamet has been known to greet fans.

Do we know who’s coming? And who isn’t?

It’s secret. But reports slip out, often about who is not coming and why. You can count on various celebrity Chanel ambassadors showing up. Watch this space.

What happens inside?

Entering the museum, guests walk past what is usually an impossibly enormous flower arrangement in the lobby, with perhaps an orchestra playing nearby, and over to cocktails. Or, they head to view the exhibit. Cocktails are 6 p.m. to 8 p.m., but the most famous — or those who plan to make the biggest entrance — sometimes come (fashionably) later.

Around 8 p.m., guests are summoned to dinner — perhaps by a team of buglers (“Are they going to do that between every course?” actor Gary Oldman asked aloud one year).

Is it fun for everyone?

Occasionally, someone says no. Tina Fey, in a comic rant to David Letterman in 2015, described the gala as a “jerk parade” and said it included everyone you’d ever want to punch, if you had millions of arms. Amy Schumer left early in 2016 and said later she felt awkward and like it was “a punishment.”

So they never came back, right?

Wrong. Schumer was back in 2017. And then last year again.

Hey, this is the Met Gala.



Nike Shares Rise as Apple’s Cook Doubles His Bet on CEO Hill’s Overhaul Effort

A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
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Nike Shares Rise as Apple’s Cook Doubles His Bet on CEO Hill’s Overhaul Effort

A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)

Nike shares rose 5% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, raising his bets on the margin-pinching turnaround efforts led by CEO Elliott Hill.

Cook, who has been on Nike's board since 2005, bought 50,000 shares at $58.97 ‌each, according to ‌a regulatory filing. As of December ‌22, ⁠he holds about ‌105,000 shares, which is now worth nearly $6 million.

It was the largest open market stock purchase for a Nike director or executive and possibly the largest in more than a decade, said Jonathan Komp, analyst at Baird Equity Research.

"(We see) Cook's move as a positive signal for the progress under CEO Elliott Hill and Nike's 'Win ⁠Now' actions," Komp said.

The purchase comes days after Nike reported weaker quarterly margins and weak ‌sales in China even as CEO ‍Hill tries to revive demand ‍through fresh marketing plans and innovation focused on running and sports, ‍while phasing out lagging lifestyle brands.

He has also attempted to mend Nike's ties with wholesalers such as Dicks Sporting Goods to increase visibility among shoppers amid stiff competition from newer brands.

However, the strategy has strained Nike's margins, which have been declining for over a year, while its efforts to win back its ⁠premier position in discount-friendly China appears to be faltering.

Nike's shares have slumped nearly 13% since it reported results on December 18 and are on track for the fourth straight year of declines. They were trading at $60.19 on Wednesday.

Cook has been a lead independent director of Nike since 2016 when co-founder Phil Knight stepped down as its chairman.

The Apple CEO "remains extremely close" with Knight, Komp said, adding that he has advised Nike through key strategic decisions including Hill's appointment last year.

Board director and former Intel CEO ‌Robert Swan also bought about 8,700 shares for about $500,000 this week.


Etro Founding Family Exits Group as New Investors Including Türkiye's RAMS Global Join

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
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Etro Founding Family Exits Group as New Investors Including Türkiye's RAMS Global Join

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters

The founding family of Italian fashion house Etro has sold the minority stake it still owned in the brand to a group of investors including Turkish group RAMS Global, the company said on Friday.

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner and "will continue to actively support the brand's long-term growth strategy," Etro added, according to Reuters.

The new investors comprise also Italian fashion group Swinger International and small private equity firm ⁠RSI.

In addition to buying the stake, they all subscribed to a capital increase that will lower L Catterton's holding in Etro to between 51% and 55% from around 65%.

When including both the acquisition and the capital increase, the deal is worth around 70 ⁠million euros ($82 million), two sources close to the matter said. Etro did not disclose financial details.

Chief Executive Fabrizio Cardinali will remain at the helm, while Faruk Bülbül, representing RAMS Global, will become chairman of the board.

L Catterton bought a 60% stake in the brand known for its paisley motif four years ago, and it slightly increased the holding over the years.

The company, founded by Gimmo Etro in 1968, has ⁠been struggling with its turnaround. Last year it posted a net loss of 23 million euros with net revenues declining to 245 million euros from 261 million euros, according to filings with the local chambers of commerce reviewed by Reuters.

Rothschild advised L Catterton and the Etro family on the deal.

Rothschild had been hired in 2024 to look for a new investor who could buy all or part of the Etro fashion group, sources had previously told Reuters.


Paris Court Rejects Bid to Suspend Shein Platform in France

A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
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Paris Court Rejects Bid to Suspend Shein Platform in France

A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo

A Paris court on Friday rejected a government request to suspend Chinese fast-fashion platform Shein in France after authorities found illegal weapons and child-like sex dolls for sale on the fast-fashion giant’s website.

Shein welcomed the decision, saying it remains committed to strengthening its control processes in cooperation with French authorities.

“Our priority remains protecting French consumers and ensuring compliance with local laws and regulations," the company said in an emailed statement to The Associated Press.

The controversy dates to early November, when France’s consumer watchdog and Finance Ministry moved toward suspending Shein’s online marketplace after authorities said they had found childlike sex dolls and prohibited “Class A” weapons listed for sale, even as the company opened its first permanent store in Paris.

French authorities gave Shein hours to remove the items. The company responded by banning the products and largely shutting down third-party marketplace listings in France.

French officials have also asked the European Commission to examine how illegal products were able to appear on the platform under EU rules governing large online intermediaries.