Saks Global, a U.S.-based luxury department store group, has reached a critical crossroads in its restructuring efforts.
French luxury maison Chanel will present its 2026 Métiers d’art collection in Seoul, South Korea, on May 26, 2026.
Ralph Lauren unveiled its Fall 2026 collection.
Asian beauty–focused retailer SUKOSHI has unveiled an ambitious expansion plan for the U.S. market, aiming to operate more than 40 stores nationwide by the end of 2026.
On December 11, SuperCircle announced that it has raised $24 million in Series A funding, led by Foundry, with participation from BBG Ventures, Renewal Fund, and Elemental Impact.
Chanel has announced that it will unveil its Cruise 2026/27 collection on April 28, 2026, in the southwestern French seaside town of Biarritz.
On December 9, Calvin Klein opened its new global flagship store at 530 Broadway in New York’s SoHo district.
Luxury retail giant Saks Global has filed a lawsuit to block Yumi Shin, former Chief Merchandising Officer of New York’s iconic luxury department store Bergdorf Goodman, from assuming a new role at Nordstrom, one of the company’s direct competitors.
On December 8, L’Oréal Groupe announced that it will increase its stake in Galderma Group AG, the Switzerland-based dermatology specialist, to 20%.
On December 8, California-based luxury fashion retailer FWRD (under REVOLVE Group, Inc.) announced the appointment of Rosie Huntington-Whiteley—internationally renowned model and entrepreneur—as its new Fashion Director.