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On June 16, the Coach Foundation—the philanthropic division of the American luxury brand Coach—announced an additional $20 million investment to expand its flagship scholarship program, Dream It Real, which aims to award 10,000 scholarships by 2030.
L’Oréal, one of the world’s largest beauty companies, has launched a new accelerator program to further drive innovation in the field of sustainability.
On June 17, Italian luxury house Max Mara presented its 2026 Resort Collection, titled Venere Vesuviana, at the grand Caserta Palace near Naples.
On June 18, OTB Group announced that Francesco Risso is stepping down as creative director of Italian luxury brand Marni, bringing his nearly decade-long tenure to a close.
On June 14, Italian fashion powerhouse Emporio Armani unveiled a new flagship store on Tokyo’s prestigious Miyuki Street in Ginza.
Acne Studios, the Swedish brand known for its fluid aesthetic bridging art and fashion, is opening its first permanent gallery space in Paris: Acne Paper Palais Royal.
French luxury brand Hermès is hosting an immersive event titled Mystery at the Grooms’ at Pier 36 in New York City.
On March 11, U.S.-based consumer technology platform Quince announced that it has raised $500 million in a Series E funding round. Following the financing, the company’s post-money valuation reached $10.1 billion.
U.S. luxury department store group Saks Global announced on March 6 that it plans to close a total of 15 stores, including 12 Saks Fifth Avenue locations and three Neiman Marcus stores.
On March 9, U.S. private equity investment firm Main Post Partners announced that it has agreed to sell DeMert Brands—the company behind the haircare brand Not Your Mother’s—to German chemical and consumer goods giant Henkel. Financial terms of the transaction were not disclosed.
U.S. fashion retailer Revolve Group, Inc. has announced the launch of a new fashion house, REVOLVE Los Angeles, on March 4. The brand is scheduled to debut exclusively on the company’s online platforms REVOLVE and FWRD starting March 9.
On February 26, Paris-based accessible luxury group SMCP announced its full-year results for 2025.
On February 18, eBay and Etsy announced that they have entered into a definitive agreement under which eBay will acquire Depop for approximately $1.2 billion in cash.
Levi’s® officially announced on March 10, 2026, a global partnership with ROSÉ, the world-renowned singer-songwriter and member of Korean girl group BLACKPINK.
On March 11, French luxury brand Nina Ricci announced that Harris Reed is stepping down from his role as creative director.
On March 9, the French luxury group LVMH Moët Hennessy Louis Vuitton announced the appointment of Philippe Farnier as deputy CEO of Parfums Christian Dior and the LVMH Beauty Division, effective immediately.
Paris-born diamond jewelry maison Messika has announced that Academy Award–winning actress Julianne Moore has been named its new Maison Ambassador.
American fashion brand GUESS announced that Hyunjin of the globally popular K-pop group Stray Kids has been appointed as its new global ambassador.
On March 5, Italian luxury house Bvlgari announced that actor and producer Jake Gyllenhaal has been appointed as the brand’s new Global Brand Ambassador
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.
On December 11, SuperCircle announced that it has raised $24 million in Series A funding, led by Foundry, with participation from BBG Ventures, Renewal Fund, and Elemental Impact.
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.
London-based art and design institution Central Saint Martins (CSM) has…
