May 6, 2024 - Economy

Met Gala takes over

Anna Wintour at The 2024 Met Gala

Anna Wintour attends the 2024 Met Gala, May 6, New York City. Photo: Dimitrios Kambouris/Getty Images for The Met Museum/Vogue

Event season is in full bloom, and guests are arriving at tonight's Met Gala as we hit send on this newsletter.

Fashion's biggest night is a benefit (or "an A.T.M.") for the Metropolitan Museum of Art in New York. Attended by about 400 stars, the event always falls on the first Monday in May.

  • Tickets reportedly sold for $75,000 each, $25,000 more than 2023, the NYT reports.

The intrigue: TikTok is a lead sponsor this year, even as it faces a national ban.

  • Nathalie du Preez, who worked with and is friends with CEO Shou Chew, an honorary gala chair, told the NYT that the partnership makes sense "in terms of making friends in the U.S."

What we're watching: This year's dress code is about fleeting beauty, or "The Garden of Time."

  • Chew is expected to wear something from American designer Ralph Lauren, who has a "fondness" for patriotic garb, the Times notes.

This story was an excerpt from Axios Closer, a recap on the day's biggest business stories.

Read the full edition