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.
Month: May 2025
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 13, Chanel announced that it will restage its Cruise 2026 collection in Singapore on November 4, 2025.
Luxury luggage brand RIMOWA has opened a new flagship boutique at 125 New Bond Street, one of London’s most prestigious shopping destinations.
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.
On May 12, Maison Margiela revealed through an exclusive report by WWD that Glenn Martens will present his first collection for the house during the Fall 2025 Haute Couture Week.
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.
On May 6, 2025, luxury group Kering announced new leadership appointments at two of its heritage houses.
Miu Miu will host its multidisciplinary project Tales & Tellers at New York’s Terminal Warehouse…
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.