Runway as Auction House: Vintage Couture Returns to New York

Fair Warning is bringing the sale room to the runway. Peter Brant Jr. and Loïc Gouzer, the auction house's founders, will stage a show during New York Fashion Week built entirely around pieces from their upcoming Impossible Couture Collection sale. Among the vintage treasures crossing the runway before they cross the auction block: a John Galliano design and a Yves Saint Laurent gown drawn from his celebrated Mondrian line. For collectors who know these houses by heart, the pairing is the point — museum-grade couture, styled and walked rather than simply catalogued, ahead of the hammer falling. It is the kind of evening that turns a sale preview into a fashion moment in its own right.

With reporting from Vanity Fair.