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It is a huge month, and it's been on the calendar circled in red.

I am incredibly excited to see what happens at Chanel.

Also looking with huge interest to Dior. These shows are

enormous productions. So they are five, six million euros to pull off for three to 400 guests.

If a sort of creative director hasn't found their footing or sales are struggling, you know,

you'll see them replace. Pain tolerance is low when there is, you know, you'll see them replaced.

Pain tolerance is low when there is, you know, an unstable overall economic environment.

That's Sarah Ball, editor-in-chief of the Wall Street Journal's WSJ magazine.

As the fashion world navigates an unprecedented wave of turnover from Chanel to Dior,

I wanted to talk to Sarah about the most closely watched New York Fashion Week in years,

what she calls a September to remember.

Sarah takes us inside the drama and anticipation, what's at stake in what to look for,

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