The iconic ‘T’ stands for twisted in Tory Burch’s new collection at New York Fashion Week

NEW YORK (AP) — Tory Burch not only put her own twist on American sportswear in her new fall/winter collection at New York Fashion Week — she made it “twist-ed,” with exaggerated shapes and details, a splashy backdrop and memorable music.

Known for her classic lines and splashes of color against neutral tones, Burch says her inspiration for Monday’s show was “twisted American sportswear,” her way of taking expected pieces and adding unconventional details and pairings.

“It was sort of a literal and figurative take on the word ‘twisting.’ I loved the idea that sportswear was created in America,” Burch told The Associated Press after the show.

“I … wanted it to give people the ability to have a second glance when you look at something. It has more depth than when you first perceived what it would be. And whether that’s in the luxurious yarn that you use or the sophistication of an interesting cut line and drape ... It was an exploration of that — of how do you twist things that make it more desirable?”

The collection featured layers galore, with sweaters draped on top of coats and button downs peeking from underneath sweaters, with an oversized blazer on top. Other standout looks included reimagined track pants, made in brushed wool and cotton, paired with blazers and sweaters.

Several utilitarian short jackets had multiple pockets, which Burch called “handbag jackets,” in black leather, denim, and one in fire engine red, paired with a brown skirt.

Some jackets and button-down shirts had exaggerated sleeves and cuffs, that hung loosely on the models like dad’s sportscoat. A series of textured velvet and jersey dresses with draping in muted colors could be dressed up or down.

Burch loves a little drama in her shows and always chooses venues that make a statement. She said she felt “very fortunate” to be showing at New York’s Museum of Modern Art.

“I’ve come here for my whole life and I’ve always loved MoMA and it’s just a miracle to me. It’s like the quintessential perfect space in New York.”

The runway was in two separate spaces connected by a giant staircase the models descended during the show. Some guests were seated on metal benches on the top of the two-story space and others were below in a stark white room with one wall of windows facing the street, and another a giant video screen showing skewed camera angles of the models walking and guests watching the show, giving off very big brother vibes.

The eerie soundtrack added to the experience — starting out with a booming techno beat. There were few if any lyrics, and instead a woman was heard giggling – sometimes maniacally. “It’s a bit twisted,” Burch said of the music with a smile. “You didn’t know if she was laughing or crying.”

Amanda Seyfried, Jodie Turner-Smith, and Alexandra Daddario shared a bench with singer-songwriter Ciara and media icon Martha Stewart.

“Industry” star Myha’la said of Burch's collection: “It really exuded female strength, which I love."

Singer-songwriter-actor Charlotte Lawrence said she loved all the details in the show. “You can tell when a designer loves women, and obviously Tory does and knows how to dress women in a very elegant way that I believe … sets a kind of blueprint of how to carry yourself with strength and confidence.”

Amanda Seyfried arrives at the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

Ciara arrives at the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

Alexandra Daddario arrives at the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

Alexandra Daddario arrives at the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

Ivy Getty arrives at the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

Alexandra Daddario arrives at the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

A model walks the runway during the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

A model walks the runway during the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

A model walks the runway during the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

A model walks the runway during the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

A model walks the runway during the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

A model walks the runway during the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

A model walks the runway during the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

Adriana Lima walks the runway during the Tory Burch Fall/Winter 2025 fashion show as part of New York Fashion Week on Monday, Feb. 10, 2025, at the Museum of Modern Art in New York. (Photo by Charles Sykes/Invision/AP)

NEW YORK (AP) — U.S. stocks are hanging near their records Wednesday as oil prices fall and ease the pressure on households and businesses worldwide.

The S&P 500 slipped 0.1% below its all-time high set the day before. The Dow Jones Industrial Average was up 183 points, or 0.4%, as of 12:56 p.m. Eastern time, and the Nasdaq composite was 0.1% lower.

Stocks of companies with big fuel bills helped lead the way on hopes that lower oil prices will remove a big drag on their profits. Norwegian Cruise Line Holdings climbed 5.7%, and United Airlines rallied 7.3%. Delta Air Lines rose 3.7% and is on track to set an all-time high.

The price for a barrel of Brent crude oil fell 4.1% to $95.48 after the ceasefire between the United States and Iran appeared to hold despite the U.S. military launching what it called “self-defense” strikes in southern Iran. A barrel of benchmark U.S. crude fell even more, 4.2%, to $89.69 on hopes that the United States and Iran can reach an agreement to reopen the Strait of Hormuz and allow oil tankers to exit the Persian Gulf for deliveries again.

Stocks have been able to run to records despite the painful inflation and uncertainty caused by high oil prices largely because companies have reported surprisingly strong profits for the start of 2026, and the forecast is for them to continue.

Bath & Body Works rallied 11.2%, and Abercrombie & Fitch climbed 11.8% after both reported bigger profit for the latest quarter than analysts expected. That's even as U.S. consumers continue to say they're feeling discouraged about the economy and inflation.

Lululemon Athletica rose 3.6% after reaching a deal with its founder, Chip Wilson, where it will add a former chief marketing officer of ESPN and a former co-CEO of On to its board of directors.

On the losing side of Wall Street was Dick's Sporting Goods, which dropped 4.9% despite delivering a profit for the latest quarter that edged past expectations. Analysts pointed to how much profit it wrung out of each $1 in revenue, which some called a bit weak.

Oil-and-gas stocks also sank, hurt by the dropping prices for crude. Exxon Mobil fell 1.4%, and Chevron slipped 0.8%. Halliburton dropped 3% to bring its gain for the year so far back toward 40%.

In the bond market, Treasury yields eased after falling oil prices took pressure off inflation. The yield on the 10-year Treasury slipped to 4.48% from 4.50% late Tuesday and from 4.67% roughly a week ago.

It’s a respite following recent gains for yields in bond markets worldwide, which threatened to slow economies and undercut prices for stocks and all kinds of other investments. High yields have already forced the average long-term U.S. mortgage rate to its most expensive level since last summer, and they could curtail companies’ borrowing to build the artificial-intelligence data centers that have supported the U.S. economy’s growth recently.

In stock markets abroad, indexes were mixed across Europe and Asia. South Korea's Kospi was one of the world's best performers and jumped 2.3% after SK Hynix, which is a big beneficiary of the artificial-intelligence boom, soared 9.3%.

A day before, Micron Technology surged to become the latest Big Tech company to be worth more than $1 trillion on AI excitement. Its stock has more than tripled already in 2026, and analysts at UBS said Tuesday it could soar even more because of how fundamentally AI has improved demand for computer memory.

AP Business Writer Elaine Kurtenbach contributed to this report.

Trader Edward Curran, left, and specialist Meric Greenbaum, center, work on the floor of the New York Stock Exchange, Friday, May 22, 2026. (AP Photo/Richard Drew)

A person looks at an electronic stock board showing Japan's Nikkei index at a securities firm Monday, May 25, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)

A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)

A dealer walks past near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)

A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)

A dealer stands near the screens showing the Korea Composite Stock Price Index (KOSPI), the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)