Here's our first look at Daniel Day-Lewis in his final role before retiring

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Daniel Day-Lewis in "Phantom Thread."

• The trailer for "Phantom Thread" just went live.
• "Phantom Thread" is Daniel Day-Lewis' final performance before he retires from acting.
• Day-Lewis plays a successful dressmaker in 1950s London.

The first trailer for Paul Thomas Anderson's upcoming film "Phantom Thread" is here, giving us a glimpse at Daniel Day-Lewis' final performance before he retires.

In June, Day-Lewis made headlines for his unexpected announcement that he planned to retire from acting. Day-Lewis is the first actor to win three Academy awards for best actor - one of which he won for his performance in Anderson's "There Will Be Blood."

In "Phantom Thread,"Day-Lewis stars as a successful dressmaker in 1950s London who is lovesick over his new muse, an independent young woman. Day-Lewis dotes on his love interest, dressing her in finely crafted garments, and introducing her to the very best that high society has to offer - but it's unclear how loving his gestures truly are. 

It looks like we can expect a stunning last performance from Day-Lewis, and a beautiful new film from Anderson. 

You can watch the trailer for "Phantom Thread" below. The film opens in select theaters December 25.