Arielle Charnas’ Something Navy To Sell for $1, Kristina O’Neill’s Cool New Gig, The Lil Nas X Drop, and More!

Today’s top fashion headlines…

Something Navy’s $1 deal with IHL Group

The Arielle Charnas-founded Something Navy is close to reaching a deal with IHL Group to be sold for (not a typo) $1. IHL Group — which counts Jason Wu, Aeropostale, Tahari, BCBGmaxazria and BCBG Generation in its portfolio — and boutique developer Amirian Group would assume $7.5 million in liabilities. Charnas would give control of the brand up but serve as a brand ambassador. According to WWD, she and the brand’s original investors would also each retain a 14.5 percent stake in the company.

Pamela Tick, Arielle Charnas

Kristina O’Neill to head Sotheby’s Media

Former WSJ. editor in

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