On January 6, the British Fashion Council (BFC) announced the appointment of Laura Weir as its new Chief Executive Officer, effective April 28, 2025.
On January 4, Ralph Lauren, a fashion designer representing the United States, was awarded the Presidential Medal of Freedom by President Biden in a ceremony held at the White House in Washington, D.C.
Emporio Armani has announced that British actor Nicholas Galitzine has been chosen as the new global ambassador for its latest fragrance, Stronger with You Parfum.
On January 2, Carmell, a company specializing in the bio-aesthetics sector, announced that it had signed a definitive agreement to acquire Elevai Skincare’s skincare and haircare business.
On January 1, Rosita Missoni, a designer who symbolized the Italian fashion world, passed away at the age of 93.
As 2024 draws to a close, it’s time to focus on the schedule that begins in January 2025. For those working in the fashion industry, Fashion Week serves as another calendar that defines the year.
On December 23, Saks Global announced the completion of its acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion.
On December 23, L’Oréal Group has announced an agreement to acquire Gowoonsesang Cosmetics Co., Ltd., a subsidiary of Swiss retail group Migros, which includes the South Korean skincare brand Dr.G.
On December 20, Calvin Klein announced its official return to New York Fashion Week (NYFW), scheduled for February 2025.
On December 18, Balenciaga opened its first standalone store in Austin, Texas. Located within the mixed-use metropolitan center of The Domain, the store features an extensive selection of the brand’s latest collections, including men’s and women’s ready-to-wear, shoes, bags, and accessories.