On April 24, Mytheresa, the luxury e-commerce company headquartered in Munich, Germany, officially announced the completion of its acquisition of YOOX NET-A-PORTER (YNAP) from Richemont.
On April 24, Mytheresa, the luxury e-commerce company headquartered in Munich, Germany, officially announced the completion of its acquisition of YOOX NET-A-PORTER (YNAP) from Richemont.
New York-based luxury fashion house Carolina Herrera has announced that it will present its Spring/Summer 2026 collection in Madrid, Spain.
According to the group’s Q1 2025 financial results announced on April 23, revenue for the January–March period totaled €3.88 billion, down 14% year-on-year — a stark indication of slowed momentum across the group’s portfolio.
On April 18, Belgian luxury brand Dries Van Noten officially opened its very first flagship store in New York, marking a major milestone in the brand’s steady global expansion.
On April 17, L’Oréal announced its financial results for the first quarter of fiscal year 2025. The company reported sales of €11.73 billion, marking a 4.4% increase year-over-year and a like-for-like growth of 3.5%, excluding currency and structural effects.
On February 19, leading French luxury resale platform Vestiaire Collective announced the launch of a special charity collaboration, “Paris Hilton x Vestiaire Collective,” in partnership with OG influencer and philanthropist Paris Hilton.
On April 18, Louis Vuitton announced that it will unveil its Cruise 2026 show at the historic Palais des Papes in Avignon, France.
On April 13, the German fashion brand BOSS announced that it will become the official lifestyle outfitter of the Australian Open starting in 2027.
U.S. luxury department store group Saks Global has entered the final stage of its restructuring process. As the company moves toward exiting Chapter 11 this summer, it has secured $500 million in exit financing and filed its reorganization plan with the court, offering a clearer view of its path forward.
On April 7, Levi Strauss & Co. reported its financial results for the first quarter ended March 1, 2026. Net revenues, margins, and EPS all exceeded guidance, and the company raised its full-year outlook.
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On April 9, it was revealed that Stefano Gabbana, co-founder of the Italian luxury brand Dolce & Gabbana, had stepped down from his role as chairman. The resignation reportedly took place in…
On April 8, U.S.-based luxury streetwear brand Fear of God announced a major organizational restructuring.
Spanish beauty group Puig has appointed Renaud de Lesquen as president of its flagship brand Rabanne.
On April 8, New York-based luxury brand Altuzarra announced the appointment of Marta Lastra as Chief Executive Officer, effective immediately.
Italian designer Adriano Goldschmied, known as the “Godfather of Denim,” passed away at dawn on April 5 at a hospital in Castelfranco Veneto, Italy. He was 82 years old, following a prolonged battle with cancer.
On April 6, Paris-based diamond jewelry maison Messika announced the appointment of actress Kiko Mizuhara as its new maison ambassador.
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On February 9, the Council of Fashion Designers of America (CFDA) announced the launch of the CFDA & OpenAI Innovation Hub, a new initiative established in partnership with OpenAI.
On February 4, Osmo, a digital fragrance design company, announced that it has completed a $70 million Series B funding round.
On January 27, Phia, an AI shopping agent co-founded by Phoebe Gates, the daughter of Bill Gates, announced that it has raised $35 million in a Series A round, valuing the company at $185 million.
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 December 10, Shopify, one of the world’s largest independent e-commerce platforms, announced the launch of Shopify Agentic Storefronts, a new solution designed to enable next-generation shopping experiences on AI platforms.