The Next Met Gala Exhibit Will Spotlight Fashion Across Art History

Garments fit to the new theme of the spring 2026 Costume Institute exhibition are on display during a press conference announcing the exhibition at the Metropolitan Museum of Art in New York, New York, USA, 17 November 2025. (EPA)
Garments fit to the new theme of the spring 2026 Costume Institute exhibition are on display during a press conference announcing the exhibition at the Metropolitan Museum of Art in New York, New York, USA, 17 November 2025. (EPA)
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The Next Met Gala Exhibit Will Spotlight Fashion Across Art History

Garments fit to the new theme of the spring 2026 Costume Institute exhibition are on display during a press conference announcing the exhibition at the Metropolitan Museum of Art in New York, New York, USA, 17 November 2025. (EPA)
Garments fit to the new theme of the spring 2026 Costume Institute exhibition are on display during a press conference announcing the exhibition at the Metropolitan Museum of Art in New York, New York, USA, 17 November 2025. (EPA)

If there's been one uniting theme of all the blockbuster fashion exhibits at the Metropolitan Museum of Art, it’s the simple idea that fashion is art.

“Costume Art,” announced Monday as the next big show at the museum’s Costume Institute — launched by the starry Met Gala in 2026 — aims to make that connection more literal than ever, pairing garments with objects from across the museum to show how fashion has long been intertwined with different art forms.

Max Hollein, CEO and director of the Met, said in an interview ahead of Monday’s announcement that he hopes the exhibit will take visitors to the New York museum on a (very fashionable) journey through art history, where they will see connections throughout.

“It’s a show that can really live in fascinating ways at the museum and can pull from all different areas of our collection — paintings, sculpture, drawings,” Hollein said.

“I hope we all agree that fashion is art,” Hollein added. “But actually I think the exhibition ... will make it obvious how fashion is actually happening, so to say, all across the museum and in all different mediums already.”

The new show will examine the dressed body, and will be organized thematically by different body types, according to the Costume Institute's curator in charge, Andrew Bolton. It will include the “Naked Body” and the “Classical Body,” for example, but also less expected themes like the “Pregnant Body” and the “Aging Body.”

The connections that will be drawn between artworks and garments will range, curators said in a statement, “from the formal to the conceptual, the aesthetic to the political, the individual to the universal, the illustrative to the symbolic, and the playful to the profound.”

On hand for Monday's announcement was Misty Copeland, who recently retired from American Ballet Theatre after a trailblazing career that saw her become the company's first Black female principal dancer. In her remarks, she spoke of the interplay between fashion and dance and said the show makes a “powerful case for the body, in all its forms, as a work of art, worthy of being seen, elevated, and celebrated.”

“Of course, both fashion and dance have long held up an ‘ideal’ body, one that has historically meant thin, white, and female. That bias shaped my own experience,” she said. “Early in my career, I was made to feel that my body didn’t fit the mold. My skin was too dark, my muscles too defined. Being a Black woman and a ballerina was presented almost as a contradiction.”

Copeland said she fought to challenge that idea and stood “firmly in the value and beauty of my body, and of the many Black and brown dancers whose bodies have so often been overlooked.” The new exhibit — following the lauded “Superfine: Tailoring Black Style,” which focused on Black menswear — adds to that conversation, Copeland said.

It’s also a show that will have a new home. “Costume Art,” which opens to the public May 10, will inaugurate new gallery space occupying some 12,000 square feet (1,115 square meters), right off the museum’s Great Hall.

That means that when the A-listers come up the main steps on May 4 at the Met Gala — perhaps dressed to channel famous objects of art — they will be only feet from the exhibit, making it easier to view the art before sipping and socializing. Gala details — such as the celebrity hosts and specific dress code — will be shared later.

Hollein said the museum was mainly concerned with giving fashion a more prominent home — and giving regular visitors a smoother experience. In past years, long lines for fashion exhibits would snake through other galleries and create bottlenecks in inconvenient places.

The new Conde M. Nast galleries, created from what was formerly the museum’s retail store, will house not only all spring Costume Institute exhibits to come, but other shows from different parts of the museum.

Bolton said in a statement that the gallery space “will mark a pivotal moment for the department, one that acknowledges the critical role fashion plays not only within art history but also within contemporary culture.”

“Costume Art” opens to the public May 10, 2026, and runs until Jan. 10, 2027.



L’Oreal Shares Bounce on Third-Quarter Sales

A L'Oreal sign is displayed at the beauty products section of a department store inside a shopping mall in Beijing, China June 10, 2025. (Reuters)
A L'Oreal sign is displayed at the beauty products section of a department store inside a shopping mall in Beijing, China June 10, 2025. (Reuters)
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L’Oreal Shares Bounce on Third-Quarter Sales

A L'Oreal sign is displayed at the beauty products section of a department store inside a shopping mall in Beijing, China June 10, 2025. (Reuters)
A L'Oreal sign is displayed at the beauty products section of a department store inside a shopping mall in Beijing, China June 10, 2025. (Reuters)

Shares in L'Oreal rose 4% on Friday, hitting their highest in more than two years, after the French cosmetics giant reported third-quarter sales well ahead of expectations on strong demand for premium products in China and elsewhere.

Sales from July ‌to September rose ‌7.7% on an adjusted like-for-like basis ‌to €11.56 ⁠billion ($12.95 billion), topping a ⁠consensus analyst forecast of 5.9% growth in a Visible Alpha poll, L'Oreal said late on Thursday.

The maker of Lancome creams and Prada perfumes beat estimates for growth in all regions apart from Latin America, with North Asia, which is ⁠predominantly China, significantly ahead. All of its ‌divisions apart from ‌its mass market unit exceeded expectations.

"L'Oreal, once again, beat a ‌high bar," Barclays analysts said in a note.

Analysts ‌at Jefferies called the report "an impressively strong update", highlighting a "momentum shift in China and Europe" that lifted the growth rate in its Luxe division.

The group generates ‌a third of its revenue from its luxury division, but in China that ⁠business ⁠accounts for about two thirds of its sales in the market, positioning it well for a pick-up in Chinese demand. L'Oreal says it is growing three times faster than the market in China.

Shares were up 4.4% at €431.2 ($482.60) by 0917 GMT, the highest since June 2024. The shares are up by more than 17% this year.

"We see scope for the shares to test €450 as investors increasingly recognize the durability of its superior growth profile," the Barclays analysts added.


Gucci Owner Kering Drops 12% as Luxury Braces for Tough Winter

The logo of French luxury group Kering is pictured on the day of the Kering General Assembly meeting at the company's headquarters in Paris, France, May 28. (Reuters)
The logo of French luxury group Kering is pictured on the day of the Kering General Assembly meeting at the company's headquarters in Paris, France, May 28. (Reuters)
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Gucci Owner Kering Drops 12% as Luxury Braces for Tough Winter

The logo of French luxury group Kering is pictured on the day of the Kering General Assembly meeting at the company's headquarters in Paris, France, May 28. (Reuters)
The logo of French luxury group Kering is pictured on the day of the Kering General Assembly meeting at the company's headquarters in Paris, France, May 28. (Reuters)

Shares in Gucci owner Kering tumbled 12% on Friday after the group reported further sales declines, but said it would stick with CEO Luca de Meo's turnaround plan and accelerate store closures, aiming for 125 by year-end.

The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war ‌in the Middle ‌East, along with China's tax crackdown on ‌the ⁠wealthy, piled further ⁠pressure on the world's biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.

Riots in Paris, leaving Louis Vuitton shop windows smashed and electric-bike bonfires near luxury shopping hub Place Vendome, threw into sharp relief the political risk faced by luxury brands not just abroad but also ⁠at home.

Shares in LVMH and Hermes were ‌also down 1% to 1.5% on ‌Friday, as crude prices hit their highest level since early May, worsening ‌the squeeze on households that has curbed consumers' ability to ‌splurge on handbags and clothes.

Gucci's decline has continued despite de Meo's plan to make the brand's prices more enticing to middle-class consumers and creative director Demna's new collections hitting stores.

"The progress made on ‌improving brand desirability remains in its very early stages," JPMorgan analyst Chiara Battistini said in a ⁠note. Gucci ⁠sales improved in wholesale, but were down 6% overall as fewer shoppers visited its stores.

While Kering struggles to execute a turnaround against a weak economic backdrop, even high-end Hermes is showing signs of slowing, with its ready-to-wear division falling 2% in the third quarter due to weak Chinese demand. Overall, Hermes reported its weakest quarterly sales growth since 2020.

Across the sector, valuations have taken a beating as investors reassess future growth prospects. After a 40% slide in share price since January 1, Hermes' valuation is its lowest since 2014, while LVMH's is at a 10-year low.


UK's Debenhams Returns to Profit after Five Years, Expects Further Cost Cuts

FILE PHOTO: Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
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UK's Debenhams Returns to Profit after Five Years, Expects Further Cost Cuts

FILE PHOTO: Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

British fashion ‌retailer Debenhams , also known as boohoo, reported a profit for the first time in five years on Friday and expects further cost cuts as a turnaround plan gathers pace, said Reuters.

Here are some more details:

-The company reported pretax profit of £28.3 million ($37.89 million) for the six ‌months ended August ‌31, compared to a ‌loss ⁠of £17.9 million a year ⁠ago, its first profit before tax since August 2021.

-Expects to reduce costs related to depreciation, lease and interest in fiscal year 2028, while a new financial ⁠facility should further cut costs.

-Debt ‌to be ‌negligible by the end of the ‌year thanks to the disposal of ‌Sheffield automation and lease assignment and sale of Nasty Gal brand, the retailer said.

-The company reported steady growth ‌in September and reiterated its previous annual forecast of gross merchandise value (GMV) ⁠growth ⁠and adjusted core profit no less than £59 million.

-It expects to deliver more than £100 million in profit before tax in the medium term and become a multi-billion-pound GMV business.

-The group's turnaround plan has been focused on streamlining its operations to tackle mounting debt and slow demand at its youth brands.