These are the stories making headlines in fashion on Tuesday.
Chappell Roan Fronts MAC Viva Glam 2026 Campaign
Chappell Roan is the new face of MAC Cosmetics’ Viva Glam 2026. Photographed by Inez & Vinoodh with creative direction from MAC’s Global Creative Director Nicola Formichetti, the campaign spotlights a French Revolution-inspired beauty story with makeup by Andrew Dahling. Roan is also unveiling three limited-edition lip shades: UnNatural Red Head, Roan of Arc and Damnsel. Each lipstick gives back 100% of the selling price to charities advancing sexual, gender, racial and environmental equality. {Fashionista inbox}
Gracie Abrams Covers Vogue
Photo: Larissa Hofmann/Courtesy of Vogue
Gracie Abrams is Vogue‘s Summer 2026 cover star. Photographed by Larissa Hofmann and styled by Jorden Bickham, Abrams wears a custom Ralph Lauren Collection dress on the cover. In an interview with Brittany Spanos, Abrams discusses her upcoming album “Daughter from Hell,” stepping back from social media and what she envisions for her future. Read the full cover story here. {Vogue/paywalled}
Ferrari Style to Show in New York This Fall
Ferrari Style is stepping back from Milan Fashion Week this year. Instead, the brand will show its Spring 2027 collection at New York Fashion Week this fall in celebration of the opening of its new flagship boutique. Ferrari will maintain its place on the Milan Fashion Week calendar in February 2027. {Fashionista inbox}
U.K. Watchdog to Review eBay’s Depop Purchase
Britain’s competition regulator said it would begin formally reviewing eBay’s planned acquisition of Depop. In February, eBay announced its plans to buy Depop from Etsy for about $1.2 billion, and the purchase is expected to close this month. The Competition and Markets Authority said the deadline for its phase 1 investigation was Aug. 6, after which it would decide whether to clear the deal or refer it for a more in-depth investigation. {Reuters}
Who Is Still Investing in Fashion?
As investors grow more selective, deal activity in fashion has slowed, but not entirely disappeared. Luxury groups that were acquisitive in the past have stepped back, while private equity is constrained by higher interest rates and uncertain exits, Eric Sylvers writes for Business of Fashion. Rather than chasing established brands, many investors are now looking at earlier-stage businesses with products that are selling well. {Business of Fashion/paywalled}
FDA Approves New Sunscreen Option for the First Time in 25 Years
On Tuesday, the U.S. Food and Drug Administration (FDA) added bemotrizinol to the list of permitted sunscreen active ingredients, marking the first new active ingredient added to the over-the-counter sunscreen monograph since the late 1990s. Bemotrizinol, which protects against ultraviolet A and B rays, has been marketed as a sunscreen ingredient in Europe and many countries around the world for years. {FDA}
