On July 25, OpenFashion Inc., a company promoting the fusion of fashion and technology, announced the results of the “TOKYO AI Fashion Week 2025 A/W Contest,” a fashion design competition utilizing generative AI.
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury conglomerate, is reportedly exploring the sale of its fashion brand Marc Jacobs.
With the recent departure of Anna Wintour, the iconic figure of the fashion world, from her role as Editor-in-Chief of U.S. Vogue, speculation has been mounting both inside and outside the industry over who will succeed her.
On July 24, LVMH Moët Hennessy Louis Vuitton announced its consolidated financial results for the first half of 2025.
Giorgio Armani, the iconic fashion house founded in Milan in 1975, is celebrating its 50th anniversary this year.
Luxury home furnishings brand RH (formerly Restoration Hardware) has officially opened its first flagship store in Quebec: RH Montreal, The Gallery at Royalmount.
On July 18, Pop Mart, the company behind Labubu, filed a lawsuit in the U.S. District Court for the Central District of California against 7-Eleven, Inc. and eight of its franchisees in the state, alleging that they sold counterfeit Labubu products.
On July 18, British luxury brand Burberry announced its financial results for the first quarter of fiscal year 2026 (April–June 2025), reporting early signs of progress in its brand turnaround strategy.
On July 14, Loro Piana, the high-end cashmere brand, was placed under court-appointed administration for one year by a Milan court due to allegations of labor exploitation within its supply chain.
OTB Group, the global fashion and luxury conglomerate behind brands such as Diesel, Maison Margiela, Jil Sander, and Marni, has released its 2024 Sustainability Report.