The Brooklyn Museum in New York has announced a major cost-cutting initiative in response to a projected $10 million budget deficit.
![Brooklyn Museum to Lay Off Over 40 Employees Amid Financial Deficit 1 Brooklyn Museum](https://ouispeakfashion.com/storage/2025/02/Brooklyn-Museum-740x560.png)
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The Brooklyn Museum in New York has announced a major cost-cutting initiative in response to a projected $10 million budget deficit.
California-based streetwear brand Stüssy is set to reopen its flagship store in New York.
On February 11, French luxury conglomerate Kering released its Q4 2024 financial results, reporting revenue of $4.5 billion (€4.39 billion), a 12% decline year-over-year.
On February 7, L’Oréal Groupe announced the signing of a long-term and exclusive beauty partnership with Jacquemus, a fashion brand originating from southern France.
On February 6, cosnova Beauty, the Germany-based company behind essence and Catrice, announced that its 2024 revenue has surpassed $1 billion.
New York-based fashion brand Area has announced the appointment of Nicholas Aburn as its new creative director, following the departure of Piotrek Panszczyk, the brand’s co-founder and former creative director.
On February 7, L’Oréal Groupe announced the signing of a long-term and exclusive beauty partnership with Jacquemus, a fashion brand originating from southern France.
On February 6, cosnova Beauty, the Germany-based company behind essence and Catrice, announced that its 2024 revenue has surpassed $1 billion.
On February 4, Korean beauty retail giant Olive Young announced the establishment of its U.S. subsidiary, CJ Olive Young USA, in Los Angeles, California.
On February 5, NIGO®︎, a pioneer in fashion and culture, was announced as the new Creative Director of FamilyMart.
On February 3, Italian luxury brand Salvatore Ferragamo announced that its current CEO, Marco Gobbetti, will step down on March 6, 2025.
Chinese fast fashion brand Shein has re-entered the Indian market after nearly five years through a partnership with Reliance Retail, a major Indian conglomerate.
On February 5, NIGO®︎, a pioneer in fashion and culture, was announced as the new Creative Director of FamilyMart.
Dior has officially announced that actress and singer Anna Sawai has joined the house as its latest brand ambassador.
On February 3, Italian luxury brand Salvatore Ferragamo announced that its current CEO, Marco Gobbetti, will step down on March 6, 2025.
Influencer Corporate Natalie (@Corporate Natalie), known for her humorous takes on corporate culture, has launched a new workwear line for women.
On January 31, it was announced that Kim Jones would be stepping down as the artistic director of Dior Homme. Since his appointment in 2018, he has led the men’s collection, establishing a unique style that fuses classic and modern elements.
On January 29, Maison Margiela announced the appointment of Glenn Martens as its new creative director.
Chinese fast fashion brand Shein has re-entered the Indian market after nearly five years through a partnership with Reliance Retail, a major Indian conglomerate.
Influencer Corporate Natalie (@Corporate Natalie), known for her humorous takes on corporate culture, has launched a new workwear line for women.
On January 28, the U.S.-based M2C brand Quince announced that it had raised $120 million in Series C funding.
Alaïa has recently opened a new flagship store at 15 Rue du Faubourg Saint-Honoré, one of Paris’ most iconic streets.
On January 9, Macy’s, the iconic American department store chain, announced the closure of 66 additional stores as part of its “Bold New Chapter” strategy.
In 2003, the collaboration between Louis Vuitton and Takashi Murakami marked a groundbreaking moment, seamlessly blending fashion, art, and pop culture.