On May 14, Loro Piana, the Italian brand renowned for its finest cashmere and wool, announced the winners of the 9th edition of its Knit Design Award 2025.
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In the world of high fashion, the phrase “Made in Italy” has long stood as a hallmark of craftsmanship, quality, and above all, trust. But beneath that prestigious label, cracks are beginning to show.
On May 15, U.S. sports retail giant DICK’S Sporting Goods announced that it will acquire Foot Locker, a brand synonymous with sneaker culture.
On May 14, German luxury e-commerce company Mytheresa announced its financial results for the third quarter of fiscal year 2025, ended March 31, revealing solid growth in both sales and profitability.
On May 14, British luxury brand Burberry announced its financial results for the fiscal year ending March 2025, reporting a 17% year-on-year drop in revenue to £2.461 billion and an operating loss of £3 million.
On May 13, Bloomberg reported that De Beers, the world’s leading luxury diamond supplier, has been secretly selling rough diamonds to a limited group of clients at a 10–20% discount.
On May 14, British luxury brand Burberry announced its financial results for the fiscal year ending March 2025, reporting a 17% year-on-year drop in revenue to £2.461 billion and an operating loss of £3 million.
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On May 13, Bloomberg reported that De Beers, the world’s leading luxury diamond supplier, has been secretly selling rough diamonds to a limited group of clients at a 10–20% discount.
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On May 12, U.S. consumer goods giant Church & Dwight announced it had signed a definitive agreement to acquire Touchland, a rapidly growing brand in the hand sanitizer market.
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On May 12, the United States and China reached an agreement during a ministerial-level meeting held in Geneva, Switzerland, to temporarily suspend the retaliatory tariffs imposed on each other for a period of 90 days.
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Two of the fashion industry’s most respected PR agencies—Lucien Pagès Communication, led by Lucien Pagès, and AIPR, founded by Adam Iezzi—are embarking on a new chapter.
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Paris-based luxury eyewear brand IRON PARIS has announced a new partnership with the esteemed French maison Maison Bourgeat, renowned for over 140 years of artisanal eyewear production.
On May 6, 2025, luxury group Kering announced new leadership appointments at two of its heritage houses.
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Two of the fashion industry’s most respected PR agencies—Lucien Pagès Communication, led by Lucien Pagès, and AIPR, founded by Adam Iezzi—are embarking on a new chapter.
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Spanish fashion giant ZARA is celebrating its 50th anniversary with a bold and visually stunning project titled “50 Years, 50 Icons”, created in collaboration with legendary fashion photographer Steven Meisel.
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The 108th edition of Pitti Immagine Uomo, one of the world’s leading menswear trade shows, is set to take place in Florence from June 17 to 20, 2025.
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On May 8, PVH Corp., the U.S.-based parent company of Calvin Klein and Tommy Hilfiger, announced the appointment of David Savman as Calvin Klein’s Global Brand President.
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On May 5, the fashion industry’s most anticipated event—the Met Gala—returns to The Metropolitan Museum of Art in New York.
Barcelona-based sustainable fashion brand ALOHAS has officially opened its very first U.S. store in New York.
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On May 1, Tiffany & Co., the luxury jewelry maison under the LVMH Moët Hennessy Louis Vuitton, opened a new flagship store in the prestigious Masaryk district of Mexico City.
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French luxury house Chanel has closed its beauty concept store, Atelier Beauté Chanel, located on Wooster Street in New York’s SoHo district.
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On April 29, Saks Fifth Avenue announced the launch of “Saks on Amazon,” a new curated storefront on Amazon Fashion’s Luxury Stores platform, dedicated to luxury fashion and beauty.
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Global recording artist Drake’s luxury fragrance brand, Better World Fragrance House, has unveiled its first-ever eau de parfum, Summer Mink.
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Jacquemus, led by Simon Porte Jacquemus, has opened its long-anticipated new store in West Hollywood, Los Angeles.
Environmental activist and entrepreneur Suzy Amis Cameron has recently launched a new company, Inside Out LLC.
