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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 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.
The Parisian luxury jeweler, Boucheron, has opened its first boutique in Las Vegas, located within the opulent Fontainebleau Las Vegas.
On December 18, Highsnobiety, a culture platform based in Berlin, announced a new leadership structure.
Kering, a leading conglomerate in the luxury industry, is moving forward with plans to bring in external investors for a new entity that will manage approximately €4 billion ($4.2 billion) worth of real estate assets spread across Milan, New York, and Paris.
On December 16, New York-based brand management firm WHP Global announced an agreement to acquire the intellectual property (IP) of the VERA WANG brand, led by renowned fashion designer Vera Wang.
Copenhagen Fashion Week will take place over five days from Monday, January 27, to Friday, January 31, 2025.
On November 27, HUMAN MADE Inc., the company led by Creative Director NIGO®, made its debut on the Tokyo Stock Exchange Growth Market.
On November 24, the Italian luxury powerhouse Ermenegildo Zegna Group announced a significant overhaul of its leadership structure, effective January 1, 2026.
The International Apparel & Textile Fair 2025 Dubai (IATF), one of the Middle East’s largest fashion and textile trade shows, was held from November 17 to 19 at the Dubai World Trade Centre.
Saks Off 5th, a longtime pillar of shopping culture on New York’s Upper East Side, will close its flagship location on East 57th Street on December 31, 2025.
Skims, the shapewear brand co-founded by Kim Kardashian, has entered a new phase of accelerated growth.
On November 12, Turin-based BasicNet announced that it has signed an agreement to acquire the European operations of the historic American outdoor brand Woolrich.
LVMH Moët Hennessy Louis Vuitton has confirmed that Matteo De Rosa has stepped down from his role as CEO of Métiers d’Art, the division he has led since 2021.
Luxury maison Dior has announced the appointment of American artist 070 Shake as its newest brand ambassador.
On November 29, CHANEL announced that artist A$AP Rocky has been appointed as the maison’s newest brand ambassador.
Amid ongoing restructuring in the global luxury e-commerce market, LuxExperience B.V., the digital multi-brand luxury group, announced that it has appointed Francis Belin as the new CEO of Mytheresa.
The luxury maison Dior has announced the appointment of two rising stars from Thailand — Sirilak Kwong (known as Lingling) and Kornnaphat Sethratanapong (known as Orm) — as its newest brand ambassadors.
Messika, the Parisian diamond jewelry maison beloved by global celebrities and known for pushing the boundaries of modern jewelry expression—including its high jewelry runway shows during Paris Fashion Week—has released its 2025 holiday campaign.
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.
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.
The International Apparel & Textile Fair 2025 Dubai (IATF), one of the Middle East’s largest fashion and textile trade shows, was held from November 17 to 19 at the Dubai World Trade Centre.
