Gisele's Six-Figures-Per-Day Salary; GE Designs a Sneaker

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

· Meet San Francisco's hottest cop [BuzzFeed]
· The scrunchie returns with a grown-up look [NYT]
· GE releases its first sneaker, a moon boot [Fashionista]
· Microsoft scraps its Nokia x Android phones [The Verge]
· Gisele makes about $128,000 per day [Fashion Gone Rogue]
· Inside Alessandra Facchinetti of Tod's Milan abode [W]
· Lady Gaga's ex-assistant writing $1 mil tell-all, Fame Monster [Page Six]
· Rent the Runway unveils Netflix-like monthly subscription [Fortune]
· Surrealist director David Lynch involved in new women's workout wear line [Paper]

Chicago News—
· Red Eye profiles local streetwear brand Fourth Is King [Red Eye]
· The Fashion Focus Chicago Sidewalk Sale is July 22-23 at Daley Plaza [City of Chicago]
· Water Tower Place has launched same-day delivery service for back-to-school shoppers [The Chicago Tribune]
· Women and Children first, the Andersonville bookstore, was sold to employees [DNA Info]