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On July 16, Officina Profumo-Farmaceutica di Santa Maria Novella, the Florence-based heritage fragrance brand, announced that Ludivine Pont will assume the role of Chief Executive Officer effective September 1, 2025.
On July 16, Swiss luxury group Richemont announced its financial results for the first quarter of fiscal year 2026 (April to June 2025).
A large-scale exhibition titled Virgil Abloh: The Codes, jointly organized by Nike and the Virgil Abloh Archive™, will be held at the Grand Palais in Paris during the Fall 2025 edition of Paris Fashion Week.
Spanish luxury beauty and fashion powerhouse Puig has announced the release of a new book titled Puig, Home of Creativity, commemorating over 110 years of innovation and heritage.
Italian fashion house Marni has named Belgian designer Meryll Rogge as its new creative director, following the 2025 departure of Francesco Risso after nearly a decade at the helm.
On July 11, Tiffany & Co., the renowned luxury jewelry maison from New York, opened its largest flagship store in Asia, Tiffany Ginza, located in the heart of Tokyo’s Ginza 6-chome.
On July 16, Spanish luxury beauty company Puig announced its financial results for the second quarter of 2025 (April–June).
On July 16, Swiss luxury group Richemont announced its financial results for the first quarter of fiscal year 2026 (April to June 2025).
French beauty giant L’Oréal has officially denied recent media reports claiming it will shut down its Hong Kong office and lay off over 200 employees, calling the information “inaccurate.”
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, 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.
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.
Muse, the jewelry boutique originating from New York’s West Village, opened a new location in early July at Nordstrom’s flagship store in New York.
French luxury jeweler Boucheron has opened its first-ever West Coast flagship boutique at 449 North Rodeo Drive in Beverly Hills, Los Angeles.
On July 4, American denim brand GUESS JEANS opened its first-ever flagship store in mainland Asia, located in the Jingumae neighborhood of Tokyo.
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.
On June 28, Louis Vuitton officially unveiled a new retail space, “The Louis,” in Shanghai’s Nanjing West Road business district.
Oliver Smith Jeweler has announced the opening of a new OMEGA brand boutique in Aspen, Colorado, in partnership with the Swiss luxury watchmaker.
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.
