OTB Group, the global fashion and luxury conglomerate behind brands such as Diesel, Maison Margiela, Jil Sander, and Marni, has released its 2024 Sustainability Report.
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Luxury footwear brand Amina Muaddi has officially opened her first standalone boutique on Avenue Montaigne in Paris.
Jeff Bezos, the founder of Amazon and one of the world’s wealthiest individuals, is once again at the center of media buzz.
On July 10, artist Justin Bieber officially unveiled Skylrk, a new fashion brand he had been quietly developing.
On July 10, Ulta Beauty, the largest specialty beauty retailer in the United States, announced its acquisition of Space NK, a UK-based luxury beauty retailer, from investment firm Manzanita Capital.
On July 10, at Sotheby’s “Fashion Icons” auction in Paris, the original Hermès Birkin bag once used by the late Jane Birkin was sold for €8.6 million, including fees.
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On July 10, Ulta Beauty, the largest specialty beauty retailer in the United States, announced its acquisition of Space NK, a UK-based luxury beauty retailer, from investment firm Manzanita Capital.
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French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has acquired 100% ownership of Bey Médias, the media company that publishes the daily newspaper L’Opinion and the financial news website L’Agefi.
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The beauty and wellness brand Cosmoss, launched by supermodel Kate Moss, is officially shutting down less than three years after its debut.
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Japanese beauty company Kao Corporation has completed a large-scale renovation of its Green Street manufacturing facility in Hertfordshire, UK, home to the iconic British luxury brand Molton Brown.
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On June 30, L’Oréal, the world’s largest beauty company, announced that it has signed an agreement to acquire Color Wow, a professional haircare brand experiencing rapid growth.
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On June 27, ultra-fast fashion giant SHEIN is reportedly preparing to submit a draft prospectus confidentially to the Hong Kong Stock Exchange for an upcoming initial public offering (IPO), according to sources cited by Reuters.
French luxury jeweler Boucheron has opened its first-ever West Coast flagship boutique at 449 North Rodeo Drive in Beverly Hills, Los Angeles.
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On July 4, American denim brand GUESS JEANS opened its first-ever flagship store in mainland Asia, located in the Jingumae neighborhood of Tokyo.
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On June 27, historic French luxury trunk maker Moynat, founded in 1849, opened a new boutique named “34 M” at 34 Avenue Montaigne in Paris’s 8th arrondissement.
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On June 28, Louis Vuitton officially unveiled a new retail space, “The Louis,” in Shanghai’s Nanjing West Road business district.
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Oliver Smith Jeweler has announced the opening of a new OMEGA brand boutique in Aspen, Colorado, in partnership with the Swiss luxury watchmaker.
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On June 14, Italian fashion powerhouse Emporio Armani unveiled a new flagship store on Tokyo’s prestigious Miyuki Street in Ginza.
L’Oréal Groupe, the world’s largest beauty company, has officially launched the first call for applications for its new global initiative, the Sustainable Innovation Accelerator.
