Meryl Streep’s recent fashion choices, specifically her pairing of an oversized leopard print blouse with DeMellier’s Hudson bag while en route to The Late Show with Stephen Colbert, are sending ripples through the fashion and entertainment industries. This isn’t merely a celebrity sighting; it’s a deliberate signal, widely interpreted as Streep subtly “anointing” a new generation of luxury accessories—and, by extension, signaling the aesthetic direction of the Devil Wears Prada 2 press tour and the film’s broader cultural impact. The choice is a calculated move, reflecting a shift in power dynamics within the luxury market and a savvy understanding of how celebrity style drives consumer behavior.
The Post-Pandemic Power Shift in Accessory Branding
The original Devil Wears Prada, released in 2006, functioned as a masterclass in aspirational branding. Miranda Priestly’s wardrobe—a curated collection of Chanel, Prada, and Hermès—wasn’t just about fashion; it was about status, control, and the ruthless pursuit of perfection. But the landscape has fundamentally changed. The post-pandemic consumer is less interested in overt displays of wealth and more attuned to values like sustainability, inclusivity, and authenticity. DeMellier, a British brand known for its ethical production practices and commitment to donating a meal to a child for every bag purchased, embodies this new ethos. Streep’s endorsement isn’t just about a bag; it’s about aligning herself with a brand that resonates with a contemporary audience.

The Bottom Line
- The “It” Bag is Evolving: Luxury is no longer solely defined by heritage brands; ethical and sustainable labels are gaining traction.
- Streep’s Strategic Styling: Her fashion choices are deliberate signals, influencing both the film’s aesthetic and consumer trends.
- Franchise Reboot, Brand Reboot: Devil Wears Prada 2 is leveraging a new accessory landscape to appeal to a modern audience.
What we have is particularly significant given the challenges facing the luxury goods market. According to a recent report by Bloomberg, growth in the luxury sector is slowing, particularly in China, a key driver of demand. Brands are increasingly looking to celebrity endorsements and strategic partnerships to maintain momentum. Streep, with her enduring appeal and reputation for impeccable taste, represents a safe and powerful investment.
Devil Wears Prada 2: A Costume Design Revolution?
The first film’s costume design, helmed by Patricia Field, was iconic. But Molly Rogers, who took the reins for the sequel, faces a different challenge. Replicating the original’s extravagance would feel tone-deaf in today’s climate. Rogers’ choices on set—the Valentino Panthea bag for Andy Sachs, the Celine Flat Cabas Luggage for Miranda—suggest a more nuanced approach. These aren’t simply status symbols; they’re functional, stylish, and reflective of the characters’ evolving personalities. The inclusion of emerging brands like Rabanne (formerly Paco Rabanne) further signals a willingness to embrace innovation.
But the real question is whether this shift in accessory focus will translate to box office success. Franchise fatigue is a major concern for Hollywood. Variety recently reported that audiences are becoming increasingly selective about sequels and reboots, demanding fresh ideas and compelling narratives. Devil Wears Prada 2 needs to offer more than just nostalgia; it needs to resonate with a contemporary audience. The subtle but powerful messaging embedded in the costume design—a message of conscious consumption and evolving values—could be a key differentiator.
| Film | Release Date | Worldwide Box Office Gross | Production Budget |
|---|---|---|---|
| The Devil Wears Prada | June 30, 2006 | $326.8 million | $35 million |
| Devil Wears Prada 2 (Projected) | May 15, 2026 | $300 – $400 million (estimated) | $80 million (estimated) |
The increased production budget for the sequel—estimated at $80 million compared to the original’s $35 million—reflects the higher stakes and the need to deliver a visually stunning and culturally relevant experience. The studio, Universal Pictures, is betting that a combination of star power, a compelling storyline, and a carefully curated aesthetic will be enough to overcome franchise fatigue and capture a new generation of viewers.
The Streaming Wars and the Accessory Ecosystem
The impact extends beyond the theatrical release. The film’s costumes are already generating buzz on social media, with fashion influencers and bloggers dissecting every detail. This organic marketing is invaluable in the age of streaming. Universal is likely to leverage the film’s popularity to drive subscriptions to its streaming platform, Peacock. The featured accessories are poised to become highly sought-after items, driving sales for brands like DeMellier and Valentino. This creates a symbiotic relationship between the film, the streaming platform, and the luxury goods market.
“The power of a well-placed accessory in a major film cannot be overstated. It’s a form of visual storytelling that resonates with audiences on a subconscious level, driving both brand awareness and consumer desire,” says Dr. Anya Sharma, a cultural critic specializing in fashion and film at NYU.
The rise of “shop the appear” features on streaming platforms and social media further amplifies this effect. Viewers can instantly purchase the items they see on screen, blurring the lines between entertainment and commerce. This trend is particularly pronounced among younger audiences, who are more likely to be influenced by celebrity style and social media trends. Statista reports that social commerce sales in the US are projected to reach $1.2 trillion by 2025, highlighting the growing importance of this channel.
Beyond the Bag: A Cultural Reset?
Meryl Streep’s choice isn’t just about a handbag; it’s about a cultural reset. It signals a move away from the ostentatious displays of wealth that defined the early 2000s and towards a more conscious and sustainable approach to luxury. It’s a subtle but powerful message that resonates with a generation that values authenticity and social responsibility. And as Devil Wears Prada 2 prepares to hit theaters, all eyes will be on Miranda Priestly’s wardrobe—not just to see what she’s wearing, but to understand what it says about the changing face of fashion and the evolving values of the modern consumer.
What do you think? Is this a genuine shift in the luxury landscape, or just a fleeting trend? And will Devil Wears Prada 2 be able to capture the zeitgeist and deliver a sequel that lives up to the original’s legacy? Share your thoughts in the comments below!