On January 15, Moncler and Rick Owens unveiled the first-ever summer collection from their collaborative line, Moncler + Rick Owens.
Month: January 2026
Saks Global Files for Chapter 11: Creditors Estimated at Up to 25,000, Liabilities Up to $10 Billion
The U.S. luxury department store group Saks Global has filed for Chapter 11 bankruptcy protection. The company estimates it has up to 25,000 creditors, with total liabilities reaching as much as $10 billion, and global luxury brands including Chanel are listed among its unpaid creditors.
American apparel brand J.Crew has entered into a three-year partnership with U.S. Ski & Snowboard, the national governing body for ski and snowboard sports in the United States, unveiling its first collaborative collection.
On January 14, Italian fashion brand Diesel announced the appointment of Andrea Rigogliosi as its new Chief Executive Officer.
On January 14, U.S. luxury department store group Saks Global announced that it has filed for protection under Chapter 11 of the U.S. Bankruptcy Code.
On January 12, U.S. apparel giant American Eagle Outfitters announced that it achieved record-high sales during the fourth-quarter 2025 holiday season.
On January 12, the American Apparel & Footwear Association (AAFA) announced that Zac Posen has been named Designer of the Year at the 2026 American Image Awards.
The world’s largest retail industry conference, NRF Retail’s Big Show 2026, has opened in New York. On the first day, the world’s largest luxury group, LVMH, took the stage under the theme “The Fusion of Craft and Intelligence,” presenting its vision for luxury in the age of AI—not as a set of tactics, but as a guiding philosophy.
On January 9, Rome-born high jewelry maison Bvlgari announced the appointment of actor and artist Kento Nakajima as its new ambassador.
As financial uncertainty deepens at Saks Global, one of the world’s largest multi-brand luxury retail groups, Italian luxury brand Brunello Cucinelli has made clear that it will continue to stand by its department store–focused wholesale strategy, Reuters reports.