On January 22 (local time), FASHIONPHILE, the luxury resale platform, announced that it achieved a…
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Dior has officially announced that it will unveil its 2025 pre-fall collection in Kyoto, Japan.
Founded in 2017 in Antwerp, Belgium, the bag brand KAAI was established by Ine Verhaert and Helga Meersmans to propose a new approach to bag design that seamlessly combines “beauty” and “functionality.”
Alaïa has recently opened a new flagship store at 15 Rue du Faubourg Saint-Honoré, one of Paris’ most iconic streets.
Intertextile Shanghai Apparel Fabrics, one of China’s largest textile trade fairs, will host its 2025 Spring Edition from March 11 to 13, 2025, at the National Exhibition and Convention Center in Shanghai.
On January 13, the British Fashion Council (BFC) announced its partnership with Copenhagen Fashion Week (CPHFW).
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On January 9, Paris-based fashion brand Y/Project, renowned for its avant-garde designs, announced it would cease operations, marking the end of 14 years of innovative and boundary-pushing creativity in the fashion world.
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On January 7, Spanish textile giant Sociedad Textil Lonia (STL) announced its acquisition of the iconic French fashion brand Christian Lacroix.
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On January 2, Carmell, a company specializing in the bio-aesthetics sector, announced that it had signed a definitive agreement to acquire Elevai Skincare’s skincare and haircare business.
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The Challenges Faced by the Luxury Industry in 2024: LVMH, L’Oréal, and Kering Suffer Massive Losses
In 2024, the leading figures of France’s luxury industry encountered unprecedented challenges.
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On December 23, Saks Global announced the completion of its acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion.
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On December 23, L’Oréal Group has announced an agreement to acquire Gowoonsesang Cosmetics Co., Ltd., a subsidiary of Swiss retail group Migros, which includes the South Korean skincare brand Dr.G.
On January 15, Jack McCollough and Lazaro Hernandez, the co-founders of the luxury brand Proenza Schouler, announced that they will step down as creative directors on January 31, 2025.
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On January 13, Oliviero Toscani, the photographer renowned for his bold and provocative advertising campaigns for the Italian apparel brand United Colors of Benetton, passed away in a hospital in Tuscany, central Italy.
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On January 9, French luxury brand Givenchy announced the appointment of Benjamin Cercio as its new Global Communications Director.
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On January 6, the British Fashion Council (BFC) announced the appointment of Laura Weir as its new Chief Executive Officer, effective April 28, 2025.
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On January 4, Ralph Lauren, a fashion designer representing the United States, was awarded the Presidential Medal of Freedom by President Biden in a ceremony held at the White House in Washington, D.C.
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Emporio Armani has announced that British actor Nicholas Galitzine has been chosen as the new global ambassador for its latest fragrance, Stronger with You Parfum.
In 2003, the collaboration between Louis Vuitton and Takashi Murakami marked a groundbreaking moment, seamlessly blending fashion, art, and pop culture.
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On December 23, Saks Global announced the completion of its acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion.
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On December 18, Balenciaga opened its first standalone store in Austin, Texas. Located within the mixed-use metropolitan center of The Domain, the store features an extensive selection of the brand’s latest collections, including men’s and women’s ready-to-wear, shoes, bags, and accessories.
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The Parisian luxury jeweler, Boucheron, has opened its first boutique in Las Vegas, located within the opulent Fontainebleau Las Vegas.
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On December 16, Canadian fashion retailer Aritzia opened its new flagship boutique on Fifth Avenue in New York.
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Kim Kardashian’s shapewear brand SKIMS has opened its first flagship store on New York’s Fifth Avenue.
The British Fashion Council (BFC) has announced the implementation of a new standard prohibiting the use of exotic leather by all brands participating in the official schedule of London Fashion Week (LFW) starting in February 2025.
