If 90s fashion trends continue, maybe they can recycle costumes?

According to Deadline, Sony Pictures is planning a new film adaptation of I Know What You Did Last Summer, Lois Duncan's 1973 horror/suspense novel of the same name. The book already inspired a very successful slasher film (and sequel) in the late 90s, so I guess the world's crying out for a reboot. This version will be written by Oculus co-writer/director Mike Flanagan and partner Jeff Howard, and produced by Neal Moritz (of the Fast and Furious franchise), who also produced the original films 17 years ago.