Must Read: Glamour Reveals 2023 Women of the Year, Condé Nast Announces Layoffs

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These are the stories making headlines in fashion on Wednesday.

Glamour announces U.S. 2023 Women of the Year
Glamour announced on Wednesday that Selma Blair, Mary J. Blige, Quinta Brunson, Geena Rocero and Brooke Shields are its U.S. 2023 Women of the Year. Each honoree is featured on a Glamour digital cover, and they will all be celebrated with a ceremony hosted by Michelle Buteau at Jazz at Lincoln Center on Tuesday, Nov. 7. Blair will also receive the Daring to Disrupt Award, presented by Ally, which spotlights stories of women who are challenging the status quo. The red carpet before the ceremony will be hosted by Real Housewives Ubah Hassan and Brynn Whitfield and live-streamed on Glamour.com and Glamour's YouTube channel starting at 6:00 p.m. ET. Read more about Glamour's U.S. 2023 Women of the Year here. {Fashionista inbox}

Condé Nast to lay off 5% of employees amid cost-cutting efforts
Condé Nast CEO Roger Lynch announced in a memo to the company on Wednesday that the publishing giant would lay off 5% of its more than 6,000 employees in an effort to reduce costs and improve efficiency. More than 300 employees are expected to be laid off as Lynch wrote that the company is "prioritizing cost reductions." In his company-wide memo, Lynch wrote, "There is no easy way to share this news and our focus will be on making this transition as easy as possible for our dedicated colleagues with enhanced severance packages and career service offerings." Condé Nast includes titles such as Vogue, Glamour, GQ, New Yorker and Vanity Fair. {Variety}

Inside the evolution of sample sale season
Sample sales, events where brands can get rid of excess merchandise and consumers can score major discounts, have long been a part of the New York fashion scene, but the internet (and more specifically TikTok) has altered the sample-sale experience. Now, many of the remaining sales have moved online, but the in-person events that do happen attract hours-long lines and overstock rather than actual off-the-runway samples. GQ fashion writer Samuel Hine reflects on the changing tides for sample sales, shares his experience going to an invite-only Hermès 70% off sample sale and explores what the future of these sales may look like. {GQ}

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