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On August 19, 2024, The Estée Lauder Companies Inc. announced that President and CEO Fabrizio Freda has informed the Board of Directors of his intention to retire at the end of fiscal year 2025.
From September 2nd to 7th, 2024, during Rakuten Fashion Week Tokyo, the 10th anniversary of the TOKYO FASHION AWARD will be celebrated with a special exhibition at Omotesando Hills Space O.
On August 19, Balenciaga, under the leadership of Demna, opened a new store at the Iguatemi Shopping Center in São Paulo, Brazil.
The British fashion label Ted Baker is facing financial difficulties and will completely shut down…
On August 14, major lingerie brand Victoria’s Secret & Co. announced that Hillary Super will be appointed as the new Chief Executive Officer effective September 9, 2024.
On August 16th, Louis Vuitton announced that it had appointed English footballer Jude Bellingham as its new brand ambassador, further strengthening its ties with the world of sports.
On August 15th, American luxury conglomerate Tapestry, Inc. announced its financial results for the fourth quarter and full fiscal year 2024.
On December 9, Vince Holding Corp., the parent company of the U.S. contemporary brand Vince, announced its financial results for the third quarter ended November 1, 2025.
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 5, Italian luxury menswear house Brioni announced the departure of its design director Norbert Stumpfl, who has led the brand’s creative direction for the past seven years since his appointment in 2018.
On December 2, the Prada Group announced that it has officially completed its acquisition of Versace from U.S.-based Capri Holdings.
On November 27, HUMAN MADE Inc., the company led by Creative Director NIGO®, made its debut on the Tokyo Stock Exchange Growth Market.
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, UNCAGED Innovations, a biomaterials company developing sustainable grain-based leather alternatives, announced that Academy Award–winning actor and prominent animal welfare advocate Natalie Portman has joined the company as a strategic partner.
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.
On December 5, Italian luxury menswear house Brioni announced the departure of its design director Norbert Stumpfl, who has led the brand’s creative direction for the past seven years since his appointment in 2018.
On December 4, it was revealed that Dario Vitale, the creative director of Versace, will leave the brand just a few months after taking on the position.
LVMH Moët Hennessy Louis Vuitton has confirmed that Matteo De Rosa has stepped down from his role as CEO of Métiers d’Art, the division he has led since 2021.
On December 1, Shopify, one of the world’s largest independent e-commerce platforms, experienced an unexpected system outage on Cyber Monday.
Danish wishlist app GoWish is capturing global attention after reaching No. 1 on the U.S. App Store ahead of the 2025 holiday season.
On October 22, Shop My Shelf, Inc., also known as ShopMy, announced the completion of a $70 million funding round at a valuation of $1.5 billion.
On October 14, The Estée Lauder Companies Inc. announced the opening of its new hub, La Maison des Parfums, on Rue Volney in Paris’s 2nd arrondissement.
On October 14, Ulta Beauty, the largest beauty retailer in the United States, announced the launch of UB Marketplace, a new platform dedicated to beauty and wellness.
On July 25, OpenFashion Inc., a company promoting the fusion of fashion and technology, announced the results of the “TOKYO AI Fashion Week 2025 A/W Contest,” a fashion design competition utilizing generative AI.
On December 3, the Council of Fashion Designers of America (CFDA) announced that it will fully prohibit the use of animal fur at New York Fashion Week (NYFW) beginning September 2026.
