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L’Oreal announced on April 3 that it has agreed to acquire the Australian skincare brand Aēsop from Natura & Co for approximately $2.5 billion. This deal is the biggest acquisition ever in company history.
On March 30, Dior presented its Pre-Fall 2023 collection beside the Gateway of India landmark in Mumbai. That night, the 46-foot “Toran,” a site-specific artwork just below the Gateway itself, featuring traditional Indian motifs such as flowers and animals, was installed by Dior.
On March 22, the Taipei Fashion Week for Fall/Winter 2023 kicked off with a bang. The venue for the opening show was in front of the “Nankunshen Daitian” Temple, located in Beimen District, Tainan City, and one of the oldest and most historically important temples in Taiwan with a history of over 300 years.
Japan won the World Baseball Classic (WBC) 3-2 victory over the United States. This was the third time in the history of the WBC that Japan had achieved such a feat of excellence.At the tournament’s awards ceremony, the newly designed Tiffany & Co. championship trophy was presented to the winning Japanese team, Samurai Japan.
Uniqlo is further expanding its “Re: Uniqlo Studios” in-store repair service in North America.
On March 17, Uniqlo opened new “Re: Uniqlo Studios” stores in New York on Fifth Avenue, in Beverly Hills, on State Street in Chicago, and in Florida’s Disney Springs.
Dior will present its Pre-Fall 2023 collection on March 30 at the historical landmark “the Gateway of India in Mumbai .” This will be the first time for a European luxury brand to hold a large-scale solo show in this country.
On April 11, fast fashion giant Shein received preliminary approval from the UK’s Financial Conduct Authority (FCA) to proceed with its initial public offering (IPO) on the London Stock Exchange.
On April 11, Tokyo-based fashion brand Ambush announced its return as an independent label.
On April 10, Prada Group officially announced that it has reached a definitive agreement to acquire the Italian luxury brand Versace from U.S.-based Capri Holdings.
On April 9, ZOZO, Inc. officially announced that it has acquired all shares of Lyst Ltd, a London-based fashion shopping platform, for $154 million.
On April 4, Hailey Bieber, the model-turned-entrepreneur, was reported to be considering the sale of her viral beauty brand Rhode, according to Reuters.
On April 3, Kering Eyewear announced that it had signed an agreement to acquire 100% of Visard’s share capital, an eyewear manufacturer based in the Belluno region of Italy, and to become a minority shareholder in Mistral.
On April 15, Jean Paul Gaultier officially announced the appointment of Duran Lantink as the house’s new permanent creative director.
On April 11, Tokyo-based fashion brand Ambush announced its return as an independent label.
On April 8, Victoria’s Secret & Co. announced the appointment of acclaimed designer Adam Selman as Executive Creative Director.
On April 6, LVMH Moët Hennessy Louis Vuitton announced significant leadership changes across its portfolio, naming new chief executive officers for two of its fashion houses—Fendi and Kenzo.
On April 3, Polish designer brand Magda Butrym and H&M marked the launch of their highly anticipated collaboration with a dazzling event held at the historic One Hanson Place in Brooklyn, New York.
On April 4, Hailey Bieber, the model-turned-entrepreneur, was reported to be considering the sale of her viral beauty brand Rhode, according to Reuters.
On April 2, U.S. President Donald J. Trump announced a new tariff policy, imposing a flat 10% base tariff on all imported goods, along with significantly higher “Reciprocal Tariffs” targeting key trading partners such as China, Vietnam, Japan, and South Korea.
On April 1, Skims, the shapewear brand founded by Kim Kardashian, opened its first flagship store on the West Coast, choosing none other than Los Angeles as its latest home.
On March 28, Nike announced the launch of its new apparel collection, “Everyone Watches Women’s Sports™,” in collaboration with media and commerce brand TOGETHXR.
On March 27, U.S.-based luxury cosmetics brand Hourglass opened its long-awaited global flagship store in the NoLita neighborhood of New York City.
On March 18, Swiss luxury watchmaker Ulysse Nardin officially opened its first U.S. flagship boutique at The Villa Menlo Park, a high-end retail and cultural destination in Silicon Valley.
The prestigious French department store Printemps is set to make a grand entrance into the U.S. market with the highly anticipated opening of its first American flagship store on March 21, 2025 in the heart of Wall Street, New York.
On February 27, L’Oréal Groupe announced the official opening of its North America Research & Innovation (R&I) Center in Clark, New Jersey, following a $160 million investment.
