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CLO Virtual Fashion Inc., a leader in the fashion technology industry, has launched its new dedicated learning platform, “CLO Academy,” specifically designed for digital fashion design.
American luxury jewelry brand David Yurman has launched its 2024 holiday campaign, showcasing its most influential cast to date.
The American luxury brand industry was shaken on October 24 as the U.S. District Court for the Southern District of New York halted Tapestry, Inc.’s ambitious $8.5 billion acquisition of Capri Holdings Limited.
Canadian sustainable and ethical jewelry brand Mejuri has announced a new scholarship program, the Design Excellence Award Scholarship Fund, aimed at supporting the next generation of jewelry designers.
On October 25, TFG London, the South Africa-based fashion retail giant, acquired the British fashion and lifestyle brand White Stuff.
Hermès announced on October 24th in its third-quarter earnings report that sales increased by 11.3% compared to the same period last year.
Hermès announced on October 24th in its third-quarter earnings report that sales increased by 11.3% compared to the same period last year.
On October 23, French luxury conglomerate Kering announced that its third-quarter revenue amounted to €3.78 billion (approximately $4.08 billion), a 16% decline compared to the same period last year.
On October 22, former Abercrombie & Fitch CEO Mike Jeffries was arrested on sex trafficking charges.
On September 15, French luxury conglomerate LVMH (Moët Hennessy Louis Vuitton) announced its third-quarter results for 2024. Although overall sales reached €19.076 billion (approximately $21 billion), organic sales declined by 3%, falling significantly short of analysts’ expectations.
On October 13, the major shareholder of the British luxury brand Mulberry, operated by the Mulberry Group, issued a statement declaring that it has no intention of selling its shares in response to Frasers Group’s takeover proposal.
On October 10, AMTD IDEA Group, based in Hong Kong, announced that the renowned French fashion magazine L’Officiel has made its full-scale entry into the Japanese market with the launch of L’Officiel Japan.
On October 15, Aeffe Spa announced the appointment of Lorenzo Serafini as the new creative director of Alberta Ferretti.
Kim Jones, who has established a unique position in the fashion world, has announced his departure from Fendi after four years of collaboration to focus solely on his role as the menswear designer at Dior.
On October 8, the French luxury group Kering announced that Stefano Cantino would be appointed CEO of Gucci, effective January 1, 2025.
On October 7, it was announced that Marie Leblanc, the CEO of Victoria Beckham, would be stepping down from her role to return to France and spend more time with her family.
On October 4, Unilever announced that Mary Carmen Gasco-Buisson has been appointed as the new CEO of its Prestige Beauty division.
Amid ongoing shifts in the fashion industry, Italian luxury brand Missoni has announced a major change in its leadership. Filippo Grazioli, who has been the brand’s creative director for two and a half years, will step down. In his place, Missoni has chosen Alberto Caliri, a long-standing member of the company, to take over the creative helm.
Korean eyewear brand Gentle Monster has recently opened its first flagship store in Australia, located at Melbourne’s Chadstone Shopping Centre.
From October 31 to November 17, 2024, Cartier will host the “TRINITY 100” pop-up event in Marunouchi, Tokyo.
Starting on October 12, a limited-time “CLOT CAFE” pop-up, a collaboration between Edison Chen’s CLOT and adidas, opened in Shanghai.
Louis Vuitton has recently opened a new store and café, “Le Café Cyril Lignac,” at London’s Heathrow Airport Terminal 2.
Swedish fast fashion brand H&M is set to open a new pop-up store in New York City’s Nolita district
On October 7, 2024, Mytheresa (MYT Netherlands Parent B.V.) announced that it has signed an agreement to acquire all shares of the Italian online fashion retailer Yoox Net-a-Porter Group (YNAP), owned by Richemont.
On July 9, Inditex, the parent company of ZARA, announced…
