Emily in Paris Season 5 premieres on Netflix on Thursday, December 18.
Overall, Season 5 leans into transition: Rome closes, Paris reasserts itself, and nearly every relationship is forced into a real decision instead of a prolonged “maybe.” The season’s strongest stretches come from the professional chaos around Muratori and Agence Grateau.
Spoiler alert: this Emily in Paris Season 5 recap contains full episode-by-episode plot details, including the ending.
Episode 1: “La Dolce Emily”
The season opens in Rome, picking up shortly after the end of season four. It is Emily’s first day at her new job, and despite Marcello’s attempt to keep her in bed, she does what she always does. She gets dressed, shows off her new bob, and heads to work the Roman way, by bus.
Sylvie, who has been enjoying Rome with Giancarlo, is forced to confront a practical problem. Agence Grateau does not yet have enough Italian clients to justify relocating the entire team. Paris still needs her. When Giancarlo suggests expanding the client list locally, Sylvie remembers that Bavazza was previously signed with the agency in Paris and could potentially be brought on again in Italy. Rather than return immediately, she decides to stay in Rome a little longer with Luc and Julien.
Back in Paris, Antoine is frustrated. He and Alfie are reduced to Zoom meetings with Sylvie, and the baby perfume he launched is failing to gain traction. The project has not delivered the impact he expected, and the pressure is starting to show.
In Rome, Emily tries repeatedly to meet Giancarlo’s mother, Antonia, hoping to pitch ideas for the brand. Antonia avoids her at every turn. A truffle hunting excursion with Marcello and his two sisters only makes things worse, as the sisters are openly skeptical of Emily. Eventually, Antonia is forced into a conversation. She is direct and unapologetic. Emily’s involvement with the company is temporary. Antonia plans to endure the six months promised to Agence Grateau, after which JVMA will lose interest, and Marcello will move on. She refuses to dilute the brand while she is still in control.
Emily spends a day with Marcello. As they kiss, Gabriel arrives in Rome and witnesses the moment. Sylvie spots him shortly after and takes him to lunch, sensing his disappointment. Gabriel begins to understand that Emily is finally moving forward without him.
Mindy returns from China, where her stint as a judge was a success. Despite being offered another opportunity abroad, she chooses to come back to Paris. For her, it is still home.
During an evening walk with Giancarlo, Sylvie runs into an old acquaintance, Princess Gianna Grapezi di Saturnia. The two met years earlier when Sylvie was living in Rome, and the connection is instantly rekindled. Gianna quickly picks up on Sylvie’s struggle to secure new clients and offers a solution. She will host a welcome party at her palazzo.
Emily, meanwhile, finds a potential fix for Antoine’s failing perfume. She proposes rebranding it under the Muratori label, giving the product a new identity and a second chance at relevance.
In Paris, Antoine takes drastic action by cutting Gabriel’s restaurant budget. Later that evening, over drinks, Alfie admits to Mindy that he has broken up with his girlfriend. Mindy opens up as well, explaining why her relationship with Nico ended. The conversation turns personal. Alfie tells her he never liked Nico and insists she deserved better. Mindy admits she finds Alfie attractive, and the two share a charged moment that Genevieve does not miss.
The episode culminates at Princess Gianna’s party. Antoine finally convinces Antonia to invest in his perfume, while Gianna makes a bold proposal to Sylvie. In exchange for a stake in Agence Grateau, she offers access to her network and new clients. Despite her title, Gianna lacks a stable financial portfolio and has been renting out much of her palazzo to survive. Sylvie does not commit immediately, but she is willing to listen.
Episode 2: “Got to Be Real”
Agence Grateau officially secures Bavazza as a client and moves quickly to expand its presence in Italy. The same product launched in France during season four is now introduced to the Italian market, with Mindy hired to perform at the launch event.
At the same time, Antoine and Alfie travel to Italy to finalize the details of the Muratori perfume with Antonia. Sylvie and Emily outline the marketing plan, which includes a short film directed by Gianluca Petri. Antonia extends a personal invitation to Antoine to spend the weekend in Solitano to better understand the Muratori brand and its values.
Back at the agency, Genevieve tells Julien she saw Alfie and Mindy together. He immediately shuts the conversation down, warning her against turning speculation into gossip.
Princess Gianna officially joins Agence Grateau as a consultant, taking on the role of Senior Executive of Brand Relationships. Through her connections, she secures a meeting with Fendi. Sylvie unexpectedly takes the lead in the meeting, sidelining Emily despite her assumption that she would oversee Roman operations. The decision catches Emily off guard.
The meeting does not go as planned. The pitch fails to land with the Fendi representative, and the situation worsens when Emily’s vintage baguette bag becomes the focus. The bag, a cherished piece passed down from her grandmother, is dismissed by the Fendi employee as a fake. Emily is visibly shaken. She attempts to salvage the meeting with a new idea, but it is quickly labeled as “Americana” and rejected. Later, Sylvie confronts Emily privately, reminding her that leadership does not require having an answer for everything. Admitting uncertainty, she argues, can be a sign of confidence rather than weakness.
Mindy, unsettled by what she is feeling for Alfie, tries to gauge Emily’s feelings. Emily insists she no longer has any emotional attachment to her ex, though Mindy remains cautious. After her performance at the Bavazza event, Mindy is invited to take part in an Italian dance segment. Julien later confronts her about Alfie, but she firmly denies that anything is happening.
The Bavazza event takes a personal turn for Sylvie. Laurent arrives unexpectedly, leading to a confrontation that quickly escalates when Giancarlo becomes involved. Caught between past and present, Sylvie walks away from both men, escaping the beach on a speedboat.
By the end of the night, Emily finds herself spiraling. Seeing Marcello speaking with an ex reignites her insecurities, echoing a similar moment from days earlier. Doubt sets in. She questions whether their relationship is real or whether she has misread everything, from her role in the Rome office to the authenticity of her treasured Fendi bag. The word “fake” becomes her shorthand for the unraveling of her confidence.
Marcello asks her to meet him the following day. What Emily does not yet know is that he plans to take her to the Fendi boutique in Rome and let her choose any baguette she wants, a gesture meant to replace doubt with something tangible and real.
Episode 3: “Intimissimi Issue”
Luc decides to skip hotels altogether and stay in a convent. The arrangement comes with one major limitation: an 11 p.m. curfew, which quickly proves incompatible with agency life in Rome.
Emily struggles with rehearsals for Dance Dance Dance Italy. The choreography pushes her beyond her comfort zone, especially the final leap, an unmistakable nod to Dirty Dancing. Despite hours of training with her instructor and his partners, she cannot land it. She eventually asks Alfie for help. With him, the movement clicks. The lift works. In the aftermath of the successful leap, the two share a charged kiss, but Mindy immediately steps in and shuts it down. Whatever this is, she insists, it cannot continue.
Keeping the Rome office open requires another major client, and an opportunity emerges with Intimissimi. Sylvie assigns the account to Emily, but the first pitch goes badly. The presentation fails to resonate, and Emily begins to doubt herself. Since arriving in Italy, her instincts feel off. Her ideas are not translating, and the confidence she once relied on feels suddenly unreliable.
Meanwhile, production continues on the Muratori perfume short film. Sylvie becomes increasingly involved, questioning specific scenes and the children’s performances. Giancarlo grows visibly frustrated. After a conversation with Antonia Muratori, Sylvie changes the ending. Giancarlo walks off set entirely, leaving Sylvie to finish both the shoot and the edit on her own.
A conversation with Mindy forces Emily to confront another issue. She struggles to open up to Marcello. Emotional honesty does not come naturally to her. She waits to be pushed rather than volunteering vulnerability, and that distance is starting to matter.
At Dance Dance Dance Italy, Mindy takes the stage. Just before the performance, her instructor warns her in Italian not to attempt the leap, citing a back injury. Mindy responds in English that she practiced all night. The routine goes smoothly until the final moment. She runs toward her partner, but he fails to lift her. Both crash to the floor, injuring themselves and earning low scores from the judges. After the show, Mindy returns to the hotel with Alfie. They are staying in the same place.
Emily finally opens up to Marcello. She explains that her family loves her, but love always came with conditions. Success was required. Simply existing was never enough. That pressure shaped everything she became. Now she is in Rome, a city defined by cracks, wear, and imperfection, and she is beginning to understand that she may not need to fix or force everything. Maybe letting things be is not failure. Perhaps it is growth.
The next morning, clarity arrives. Emily reframes her approach to Intimissimi and delivers a pitch that finally lands. The brand signs with Agence Grateau, securing the future of the Rome office.
That same morning also confirms what had been left unsaid the night before. Mindy and Alfie slept together.
Episode 4: “Rome Has Fallen”
The launch of Paradiso by Muratori is set in Solitano, with stylists, fashion journalists, and content creators invited for an exclusive presentation. The centerpiece of the event is the short film created for the fragrance, but Sylvie is under intense pressure. She is still editing the final cut and knows the film is not where it needs to be.
While Sylvie isolates herself in the editing room, the rest of the agency feels the strain of being away from Paris. Luc, Emily, and Julien field tense meetings with long-standing Paris clients who are frustrated by the agency’s absence and lack of attention. The Rome expansion is beginning to show its cost.
Mindy and Alfie continue sleeping together, quietly but consistently, even as they avoid naming what is happening between them.
Luc’s personal life unravels when Marianne unexpectedly arrives in Rome. The timing could not be worse. He is also seeing Bianca from Bavazza, and the overlap becomes impossible to hide.
Ahead of the Muratori event, guests are given strict instructions. One post only. No stories, no live content, no videos. The brand wants restraint and control, favoring quality over volume.
Sylvie initially tells Emily that the film will not premiere. Later, while holding Sylvie’s phone, Emily transfers the file and watches the final cut. The film is complete. Confident. Precise. Without Sylvie’s knowledge, she decides to premiere it. The premiere is a success. Giancarlo arrives just in time to absorb the applause. Sylvie apologizes for overstepping and admits she should not have taken control. Giancarlo responds with an unexpected offer. He encourages her to keep directing, to study further, and to follow that path seriously. Sylvie declines. Her time in Rome has clarified what matters most to her. She chooses her partnership with Laurent and says goodbye to Giancarlo.
During the event, Mindy and Alfie slip away to kiss, only to be caught by Julien.
Antonia is overwhelmed by the evening. She thanks Emily, telling her the night reflects exactly what her late husband would have wanted. Sylvie later informs Emily that she will return to Paris and leave the Rome office under Emily’s leadership. The Paris clients need her attention, and she has stayed away too long.
The following morning brings praise for the fragrance, but the celebration collapses quickly. Solitano is overrun with tourists. The arrival of content creators has flooded the small town, overwhelming infrastructure that was never designed to handle that volume. The damage is immediate and visible. Antonia, furious, confronts Emily. This outcome, she insists, is precisely why she resisted marketing in the first place. Emily is fired.
Marcello later reveals the whole truth. While Emily believed she was stalling JVMA’s interest, Marcello never stopped negotiating. The French launch strengthened their position, prompting JVMA to increase its offer. He admits he stayed silent because for one of them to win, the other had to lose. Emily is devastated and walks away from him.
Luc’s situation collapses next. While dining with Marianne, he spots Bianca from Bavazza at the same restaurant. He tries to avoid her, but she notices him. After speaking with Marianne, Bianca realizes Luc has been dishonest. She ends their relationship and pulls the Bavazza account from Agence Grateau entirely.
By the end of the day, the agency has lost both Muratori and Bavazza. The Rome office will close. Everyone is returning to Paris.
Emily is crushed. She believes she failed. Sylvie reframes it gently. Emily may have succeeded too well. No one could have predicted the fallout in Solitano. Sylvie reminds her that ambition also requires knowing when to stop, cut losses, and return home. She needs Emily back in Paris.
After two seasons, Rome fades from the story. The final reveal lands quietly. Princess Gianna was the one who shared Solitano’s location.
Episode 5: “Bonjour Paris”
Emily is back in Paris and slips easily into her old routine. Her familiar apartment, the neighborhood boulangerie, the flower shop downstairs. Rome already feels distant.
Sylvie returns home earlier than expected and walks into an unpleasant surprise. A woman, wearing Sylvie’s robe, is in her apartment. It is immediately clear she has spent the night with Laurent.
Meanwhile, Mindy and Alfie continue seeing each other in secret. Both know it cannot go on this way. If they are serious, Emily needs to hear it from them directly. They invite her to dinner with the intention of finally telling her the truth.
At the agency, Genevieve is increasingly distracted. Instead of assisting, she focuses on promoting her own hat brand. The timing could not be worse. During their time in Rome, Agence Grateau lost several French clients and now needs to stabilize quickly. A major opportunity arrives with Thomas Heatherton, a hotel magnate preparing to open his first Paris location. The team’s initial proposal does not impress him, but Emily steps in with a revised concept. She pitches a fully immersive Parisian experience, recreating local storefronts and letting guests sample real neighborhood businesses. The idea lands. Heatherton approves it.
Despite the win, tensions rise internally. The team wants to fire Genevieve, but Sylvie hesitates. The personal connection complicates everything.
At Gabriel’s restaurant, creative tensions boil over. Antoine and Gabriel clash over the menu, each convinced they are right. Sylvie sends Emily in to mediate, earning her the familiar nickname of “the chef whisperer.” Emily tries to broker a compromise, but Antoine issues an ultimatum. Gabriel either cooks the menu that earned them their Michelin star, or he will be replaced.
Emily later tells Gabriel she is back in Paris for good. Rome is over.
Genevieve causes another crisis when the chef Heatherton, who had requested the hotel event, is unable to enter France due to visa issues. Emily quickly proposes an alternative. Gabriel will cook the event. The move could make Antoine jealous and prompt him to take back to his initial threat to fire Gabriel.
Nicolas asks Emily to speak to Mindy on his behalf. Emily refuses outright. He sabotaged her chances at Eurovision and deeply hurt her. That is not something she is willing to smooth over. Nicolas ignores the boundary and goes to the Crazy Horse to confront Mindy directly, insisting he has changed and deserves another chance.
At the long-planned dinner with Emily, Alfie, and Mindy, the truth never comes out. Mindy chooses not to tell Emily about her relationship with Alfie. Later, when Alfie questions her privately, she explains that Nicolas apologized. She insists she does not want him back, but the situation is too complicated for Alfie. He decides it is best to pretend nothing ever happened between them, cutting off what had begun to form.
Sylvie draws her own line at home. She refuses Laurent’s suggestion of a threesome involving his current mistress and tells him to find another apartment. She will no longer share her bed or her life under those conditions.
The Heatherton hotel event is a success, and Heatherton asks to meet Gabriel personally. As the night winds down, Genevieve slips her hats into the gift bags despite Luc explicitly telling her not to. This time, Sylvie does not hesitate. She orders Emily to fire her. Genevieve reacts angrily, reminding Emily that she cannot be fired because her father is married to Sylvie. Before leaving, she lashes out, accusing Emily of being so distracted that she missed what was happening right under her nose. Mindy and Alfie. Even Julien knew.
Mindy later discovers that Nicolas resigned from JVMA. Convinced this proves he has truly changed, she unblocks his number. When she turns to Emily for advice, Emily confronts her instead, making it clear she knows about her and Nicolas.
The following morning brings another shift. Emily spots Gabriel and Antoine shaking hands. She soon learns the truth. Rather than compromise, Gabriel resigned. Heatherton offered him a job as a private chef on his yacht, traveling the world. For Gabriel, it is a dream opportunity, a chance to step away and decide what comes next. He and Emily say goodbye.
Paris is home again, but nothing feels settled.
Episode 6: “The One Where Emily Goes to the Embassy”
A few days after the events of episode 5, Mindy finally confronts the distance that has settled between her and Emily. Emily has been polite, controlled, and emotionally unavailable. Mindy asks her to be angry. Emily admits she is. Not because Mindy and Alfie were together, she could have accepted that. What hurts is the secrecy. The lies. Mindy is her best friend. They share everything, even an apartment. Emily does not know how to trust her again.
Understanding she needs to step back, Mindy moves out and temporarily stays with Julien. The arrangement lasts only a few days. Julien quickly reaches his limit, as Mindy’s relaxed approach to cleanliness clashes with his need for order.
At Gabriel’s restaurant, Antoine searches for a solution to the ongoing conflict. Unable to settle on a permanent chef, Emily proposes a residency program. Chefs will rotate through the kitchen for one month at a time, turning the restaurant into a trial ground to find the right fit.
Sylvie prepares for a major pitch with L’Oréal Paris for the Infallible Lipstick campaign. She asks Emily to help shape the concept and to follow her on Instagram as research. Sylvie’s pitch centers on a young American woman arriving in Paris. While setting up the account, Emily notices a suggested profile belonging to Yvette Moreau, once Sylvie’s closest friend. Sylvie explains their falling out. They were both members of a backgammon team, the only two women among men. When Sylvie began receiving attention, Yvette accused her of cheating, leading to her removal from the team.
Lonely in the apartment, Emily wanders through Paris and ends up in an American bar. A trivia night themed around Friends is underway. Emily joins in easily with a team, answering most of the questions and feeling unexpectedly at home. She meets Jake, a consular officer at the U.S. Embassy, who invites her to attend the Fourth of July celebration the following day.
Meanwhile, Mindy decides to give Nicolas another chance after meeting with him.
Sylvie delivers her L’Oréal pitch using Emily’s Instagram photos. The portrait she paints is of a fun, stereotypical American girl navigating Paris through romance. Images of Marcello, Alfie, and Gabriel appear on screen. Afterward, Emily confronts Sylvie. Is that really how she sees her? A boy obsessed American kissing her way through Paris? Emily finds the framing insulting and untrue. She takes the Fourth of July off and heads to the embassy with Jake.
At the embassy, Emily reunites with the group from the bar. She eats American food, plays familiar games, and briefly forgets how isolated she has been feeling. Jake shows her the basement, where a small store stocks American snacks and comfort food. Emily admits Paris has been hard lately. Living abroad makes genuine connections difficult. In that moment, she realizes she has found real connection already. Not with Jake, who misreads the moment and tries to kiss her, but with Mindy.
Sylvie, meanwhile, looks up Yvette on social media and decides to visit the backgammon bar where she plays. When Sylvie claims the encounter is coincidental, Yvette points out that she has been watching her stories. They sit down to play, and the conversation feels warm at first. Yvette admits how much she missed Sylvie, not only as a friend but as a teammate. Sylvie questions that sincerity, reminding her of the cheating accusation. Yvette clarifies. She was not referring to the game. She meant Sylvie sleeping with her husband three months before their wedding. Sylvie is stunned. She had forgotten entirely. Yvette is still married to him. Sylvie apologizes. Yvette forgives her, and the two reconnect.
Emily goes to Julien’s apartment and apologizes to Mindy. She forgives her and asks her to come home. Julien is visibly relieved to have his apartment back.
L’Oréal Paris initially passes on Sylvie’s concept, finding it insufficiently empowering. After speaking with Emily, Sylvie asks for another chance. She reframes the pitch around female friendship, the relationships that last as long as a long-wear lipstick. This time, the idea lands. On set, Emily and Mindy appear together, alongside Sylvie and Yvette. The campaign becomes a celebration of friendship, repair, and the bonds that endure.
Episode 7: “Second Chances”
At a marketing convention where Sylvie is a keynote speaker, Marcello unexpectedly appears, catching the entire Agence Grateau team off guard. The surprise hits Emily the hardest when Marcello announces he has officially left Muratori. His family business, he explains, was never meant to grow into the kind of fashion house he envisions. He is launching his own luxury label under his name, Marcello Muratori.
Later, over dinner, Mindy quietly investigates. Marcello confirms he is single, still has feelings for Emily, and is entering a business partnership with Nicolas for his new brand. Mindy immediately inserts herself into the situation, inviting both herself and Emily to join Nico and Marcello for a horseback riding weekend.
That same evening, Sylvie attends dinner at Yvette’s, where subtle matchmaking attempts are made. Sylvie leaves abruptly and runs into a younger man outside a nearby tabac. The attraction is immediate. They sleep together. When he asks to see her again, Sylvie initially declines. He counters with a proposal she finds more reasonable. A brief meeting between work and dinner. A five to seven arrangement.
The following weekend, Emily, Mindy, Nico, and Marcello head out horseback riding. Alone with Emily, Marcello tells her Solitano has largely recovered and admits his mother should never have treated her the way she did. He explains he did not reach out when he returned to Paris because he believed Emily wanted distance. During the ride, Emily’s horse suddenly bolts. She loses control, panic setting in, until Marcello manages to catch up and steady the situation. Once everything calms down, Emily pulls away emotionally, retreating before the conversation can continue.
Back in Paris, Sylvie takes on a risky new client. Apogée Water is struggling after being exposed for donating to organizations opposed to same sex marriage. The brand has since appointed a new openly gay CEO. With Paris Pride approaching, the team proposes a complete rebrand. A new name, Libid’eau, sponsorship of a Pride float, and a performance by Mindy. The plan moves forward quickly. Marcello and Nicolas are both present at the parade.
Sylvie continues seeing the younger man and gushes about him to Yvette. She insists it is not dating, just passion, just five to seven. Yvette listens, slightly unsettled, perhaps more invested than she lets on.
At Pride, Emily attempts to leave early, clearly affected by Marcello’s presence. Mindy stops her. When Emily is scared, Mindy points out, she runs. She did it in Solitano. She did it in Megève with Gabriel. Both times, she could have stayed, argued, tried to work through the mess. Running has become a pattern. Mindy tells her she believed what Emily and Marcello had was real, and that it still might be.
Emily finally goes back. She tells Marcello that it should never have felt like a competition between them. He admits the same. Emily explains she left because she felt alone, hurt, and angry, believing he was not on her side. Marcello apologizes. He reminds her they are both in Paris now. If they want, they can leave the past where it belongs.
Together, they agree to try again. To give themselves a second chance.
Episode 8: “Fashion Statement”
Emily, Mindy, Marcello, and Nicolas attend an industry party with a clear objective. They want to meet Noah Moreau, a high-profile designer preparing to step down as creative director at a major fashion house. The hope is to bring him on board for Marcello Muratori. Moreau’s agent shuts the idea down immediately. Right now, the brand is considered radioactive.
Emily notices something the others miss. Moreau has a Weimaraner, the same breed her father once raised. Using that connection, she strikes up a way to get the dog’s attention, instantly catching Moreau’s attention as well. When Marcello, Nicolas, and Mindy join them, the group leaves the party together. They outline their vision for the Muratori brand. Moreau listens carefully and sets one condition. No drama. No politics. Just work.
Marcello explains his inspiration. He wants a brand rooted in Italian tradition, drawing from the Palio di Siena, with a refined, sporty sensibility. Italian heritage with the confidence of a Ralph Lauren style house, without stiffness. He shows Moreau the sketches for the collection, which are strikingly detailed and assured. Marcello says he commissioned them. Moreau is impressed and agrees to join the project.
Emily later convinces Sylvie to meet with Marcello and Nicolas. Alfie is also involved, initially as a side project while he remains at Antoine’s restaurant. Marcello plans to use deadstock fabrics, making each collection limited, sustainable, and cost-efficient. The approach resonates. They offer Sylvie a partnership, and she accepts. Emily is tasked with hosting a press lunch to announce the collaboration.
During a night out celebrating the deal, Alfie joins Emily, Mindy, Marcello, and Nicolas. Mindy is surprised to learn Alfie is part of the Muratori team. As the night unfolds, Mindy and Alfie dance together, the chemistry still unmistakable. Alfie admits he struggles to stop thinking about her. He warns her that people do not change and insists Nicolas is dangerous. He knows how to make money, Alfie says, but he would never trust him.
Sylvie’s five-to-seven arrangement deepens. The younger man begins staying overnight. They exchange explicit messages, something entirely new for Sylvie. Yvette is thrilled for her friend and encourages the excitement. At Yvette’s wedding anniversary party, Sylvie receives another message and proudly shows it to her friends. As she notices the wallpaper in the photo, recognition hits. It is Yvette’s bathroom. Moments later, the young man enters the room and calls Yvette “mom.” The truth lands instantly. Sylvie once slept with Yvette’s husband. Now she has unknowingly slept with her son. Sylvie flees the party. Yvette blocks her on Instagram.
Emily gives Marcello a key to her apartment, a quiet but meaningful gesture. At the press launch, everything initially runs smoothly. Then Marcello is served with legal papers. His mother is suing him for trademark infringement. The fallout is immediate. Noah Moreau walks away, restating his refusal to be involved in anything messy.
Marcello is devastated. Without a designer, the brand’s future feels uncertain. Emily, still thinking about the sketches, asks if the person Marcello hired might reconsider. He hesitates, then admits the truth. The sketches were never commissioned. They are his. His father taught him how to draw.
Emily does not hesitate. She hands him a notebook and tells him to start sketching. She pours him an espresso and decides for him.
Marcello Muratori already has its designer.
Episode 9: “La Belle Époque”
Emily secures a new atelier for Marcello, a space that once belonged to Pierre Cadault. Pierre becomes an unexpected ally, helping them gain access to the fashion calendar. Paris Fashion Week is out of reach, but he manages to get Marcello Muratori a slot at Venice Fashion Week, a platform reserved for emerging designers. The show is scheduled in two weeks.
The week’s major agency event is a lavish party inspired by La Belle Époque, hosted at Maxim’s to promote a new absinthe brand. Sylvie questions why the team chose Maxim’s over Laurent’s bar and is told that Laurent’s venue was unavailable.
Mindy confides in Emily that money is tight for Nicolas. Leaving JVMA violated his trust agreement, cutting him off financially. He sold the stocks his grandfather gave him and invested almost everything in Marcello Muratori. Feeling the pressure, Mindy decides she needs to contribute financially. She auditions for a voice role as Satine in an animated adaptation of Moulin Rouge.
Sylvie meets Laurent, and the two sleep together, choosing, once again, to reconnect.
Emily receives a call from Gabriel. He left Paris in such a rush that he forgot several knives and asked Emily to meet him briefly the following day between trains. She agrees.
Marcello is shaken by a visit from his sister, who questions why he is pursuing a career in fashion at all. She insists the designs are not different enough from the family business and warns him to stop before it is too late. Her words linger. Marcello later tells Emily he wants to cancel Venice and shut everything down. He admits he is not a designer and fears humiliating himself. Emily recognizes the source of his doubt but does not argue. She agrees to stop trying to fix everything.
Emily meets Gabriel to return his knives. He tells her that traveling as a private chef gave him precisely what he needed. He thought he had everything he wanted before, yet he was still unhappy. The distance changed him. Emily tells him she is back with Marcello and updates him on recent events. She asks whether she pushed Gabriel too hard in the past, the way she may be doing with Marcello. Gabriel reassures her. She believed in him, and that belief helped him grow. They joke about how much she has learned about French culture since arriving in Paris, back when she did not even understand which floor she lived on.
Gabriel tells her he is excited about the future and encourages her to feel the same. As they say goodbye, he asks her to give Marcello time. When Emily asks why, Gabriel admits he followed her to Rome once. He saw her happy and realized that was all he ever wanted for her. Emily says she wants the same for him. She asks him to send a real postcard with a stamp. Their goodbye feels final, yet unfinished.
Emily returns to Marcello and tells him she will cancel Venice if that is what he truly wants. Whatever he decides, she is with him. She just needs him to be the man she knows he is.
Sylvie meets with her mother and discovers Laurent is no longer responding to her. Creditors are contacting her mother instead. Laurent is behind on payments across the board, from liquor licenses to vendors to staff. He secretly took out a 2-million-euro loan against a building owned by Sylvie’s mother. Laurent does not have the money. The debt has become her mother’s problem.
Mindy lands the voice role, only to discover the project is not Moulin Rouge but Moulin Rat. She will voice Ratine, a singing rat. She tells Alfie before Nicolas, and the two laugh together, leaving Nicolas visibly sidelined.
At the absinthe party, Sylvie confronts Laurent publicly. She slaps him in front of everyone, accuses him of exploiting her mother, and demands a divorce.
At the atelier, Nicolas tells Emily he loves her. She believed in him when he did not believe in himself, and that matters. Emily tells him she loves him, too. He commits fully to the fashion show. They pivot the collection away from neutrals toward bold, colorful designs.
Marcello Muratori is going to Venice.
Episode 10: “Veni, Vidi, Venezia”
The group arrives in Venice ahead of Marcello Muratori’s fashion show. Marcello encourages Emily to enjoy the city and stop working for once. She does, sightseeing with Mindy while preparations continue. Sylvie, meanwhile, is in Rome after Princess Gianna’s husband passes away. The two reconnect, bonded by shared grief and growing financial anxiety. Sylvie is suddenly facing instability, especially after Laurent’s failed nightclubs and the loans taken against Sylvie’s mother’s property.
Back at the hotel, Emily searches for her passport and stumbles upon an engagement ring in Marcello’s bag. She tells Mindy, visibly shaken but excited. It feels fast, but she can picture a future with him, especially now that he lives in Paris. When Marcello takes her to her favorite restaurant that evening, Emily is convinced the proposal is coming. It does not. No ring. Not even hidden in the tiramisù.
The Venice Fashion Show
On the day of the show, disaster strikes. Venice is hit by acqua alta, the seasonal flooding caused by a full moon. The venue is partially underwater. Instead of canceling or relocating, the team pivots. Inspired by Julien, who shows up in classic Venetian rubber boots, they do what locals do. They buy every pair of boots they can find in nearby shops, in every size, for guests.
The result is unexpectedly charming. Guests arrive intrigued rather than annoyed. The show opens with models in yellow ponchos, umbrellas, and boots, set to Singin’ in the Rain. Once the outer layers come off, the collection is revealed. Bold, joyful, confident. Models walk through shallow water, splashing as they move, turning the flooding into part of the spectacle.
The show is a triumph.
Antonia attends with Marcello’s sister. Moved, she embraces her son afterward. She praises his talent and recognizes the true spirit of Muratori, renewed rather than diluted. She drops the lawsuit, announces her stepping down, and names Marcello as the future head of the house.
At the after-party, Marcello tells Emily that Antonia wants her to handle all of Muratori’s marketing. He talks excitedly about returning to Solitano to rebuild the brand there. Emily smiles, but the reality begins to sink in. Muratori cannot be run from Paris.
Sylvie’s Crisis
Sylvie learns the full extent of Laurent’s financial damage. Divorce or not, she is legally responsible for half his debt. Creditors are coming for everything: savings, apartment, and Agence Grateau itself. She tells Luc and Julien they may need to find new jobs. Bankruptcy proceedings are imminent.
Alfie calls Mindy to ask to see her once she is back in Paris. He refuses to pretend that nothing exists between them.
Sylvie, choosing not to burden Emily with her own crisis, encourages her to move to Solitano with Marcello, even though it pains her.
The Ring, the Gondola, and the Truth
That night, while Marcello sleeps, Emily tries on the ring she found. She studies herself quietly. Her expression says enough. Something does not feel right.
The next day, Emily, Mindy, Marcello, and Nicolas celebrate with a gondola ride. Marcello and Nicolas both speak lovingly to their partners. Marcello pulls out the ring box. Emily panics and stops him. She loves him, she says, but she cannot marry him. She cannot leave Paris and move to Solitano. That is not her life.
Marcello gently corrects her. The ring is not for her.
It is for Nicolas.
Nicolas proposes to Mindy. She accepts.
Emily apologizes to Marcello. Seeing the ring forced her to confront the truth. She has built a life in Paris. She worked for it. She loves it. She loves Marcello in Paris. But Marcello only loves Paris because she is there. His heart belongs in Solitano. She wishes she could have that life with him, but it is not her dream.
They break up, sharing one final kiss.
Ending Explained
Back to Paris
Back in Paris, Emily and Mindy run into Alfie. He notices Mindy’s engagement ring and is stunned. Alfie is, clearly disappointed that Mindy never told him. He warns Mindy that Nicolas is a mistake. Emily realizes, painfully, that Mindy still has unresolved feelings for Alfie. Mindy, too, begins to question everything.
The team welcomes Emily home and learns about her breakup. Sylvie then shares her own near collapse. Agence Grateau was almost finished, saved only at the last moment by a new equity partner. Princess Gianna. Her late husband left her the palazzo, and Four Seasons has made an offer to turn it into a luxury property. The agency survives.
Gabriel’s Postcard
In Greece, Gabriel continues working as Heatherton’s private chef. Heatherton informs him he will be in London for several weeks, giving Gabriel unexpected time off. Gabriel receives a message from Sylvie. Emily is back in Paris. She and Marcello are truly over.
Gabriel finally sends the postcard Emily asked for. A real one. With a stamp.
He writes that he is at sea without her and asks her to come meet him in Greece.
The series ends with Gabriel smiling on the yacht, the postcard sent, and the future once again open.
