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On this week's pod, Clayton and I offer our insight in to this week's big news: LVMH's "Luxury Ventures" arm has made a minority investment in Aimé Leon Dore. We give our initial reactions, then dive deep on what this could mean for the brand in the near and long term. After a lengthy discussion, we turn our attention to another fashion world development: Rhuigi Villaseñor of Rhude has been named Creative Director at Bally. On the surface, this seems like a head-scratching move for one of streetwear's biggest names so we do our best to figure out why it actually might make a lot of sense before offering up some other names in the space that we expect to be up for similar or even bigger appointments in 2022 and beyond.