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Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Here's one retail rumor bound to make a whole bunch of New Yorkers (and New York visitors) happy. Proenza Schouler just might be getting its very first store, our sister site reports. No confirmation yet on where, but eyes are pointed uptown to Madison Avenue. [Racked NY}