On January 13, the British Fashion Council (BFC) announced its partnership with Copenhagen Fashion Week (CPHFW).
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Paris Fashion Week Menswear Fall/Winter 2025 will take place in Paris from January 21 to January 26, 2025, over six days.
Low-cost fast-fashion retailer Shein has announced the establishment of its new non-profit organization, the Shein Foundation. The foundation aims to foster more inclusive and sustainable communities while consolidating the company’s existing philanthropic initiatives.
Dolce & Gabbana’s much-anticipated touring exhibition, “Du Cœur À La Main: Dolce&Gabbana”, opened on January 10, 2025, at the iconic Grand Palais in Paris.
Tiffany & Co., a jewelry brand that represents the United States, and the Council of Fashion Designers of America (CFDA) joined forces to shed light on new talent by creating the “Jewelry Designer Award” in 2024.
Milan Fashion Week Menswear Fall/Winter 2025 will take place over five days, from January 17 to 21, showcasing the latest collections from over 50 fashion brands through runway shows and presentations.
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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
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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.
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Kering, a leading conglomerate in the luxury industry, is moving forward with plans to bring in external investors for a new entity that will manage approximately €4 billion ($4.2 billion) worth of real estate assets spread across Milan, New York, and Paris.
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.
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On January 1, Rosita Missoni, a designer who symbolized the Italian fashion world, passed away at the age of 93.
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.
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Jil Sander, under the OTB Group, has announced the launch of its first-ever fine jewelry collection, marking a significant milestone in the brand’s history.
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.
