On July 22, leading private equity firm TSG Consumer announced it had reached a definitive agreement to acquire the rapidly growing fragrance brand PHLUR.
On July 22, leading private equity firm TSG Consumer announced it had reached a definitive agreement to acquire the rapidly growing fragrance brand PHLUR.
Luxury home furnishings brand RH (formerly Restoration Hardware) has officially opened its first flagship store in Quebec: RH Montreal, The Gallery at Royalmount.
The French maison Longchamp has unveiled its first-ever beach club, the LONGCHAMP BEACH CLUB, in the upscale Tuscan resort town of Forte dei Marmi, Italy.
Katia de Lasteyrie, who led innovation for years at the Watches & Jewelry division of LVMH, has launched her own brand SPKTRL, a concept that merges high jewelry craftsmanship with cutting-edge technology.
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.
Italian luxury brand Antonio Marras has opened its first overseas flagship store in New York.
Shiseido, one of Japan’s leading cosmetics companies, has announced a large-scale workforce reduction at its U.S. subsidiary, Shiseido Americas.
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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“Reale Actives,” the skincare brand created by Alix Earle, generated several million dollars in sales on its very first day. At the same time, debates surrounding its ingredients and credibility spread just as rapidly.
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The beauty industry giant The Estée Lauder Companies has stepped into a new phase of transformation.
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.