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Over the past few years, the resale market in the United States has become even hotter, and many companies are competing for the market.
Vestiaire Collective, a French unicorn company, entered the US resale market from overseas.
Vogue announced that they will take place “VOGUE World: New York,” A Fashion Show and Street Fair during New York Fashion Week.
This special event is to celebrate the publication’s 130th anniversary, and was inspired by the theme of Vogue Global’s September issue, “Fashion’s New World.”
The Miyake Design Studio announced that Issey Miyake, a Japanese fashion designer who was known as the prince of pleats passed away on Aug 5th, in Tokyo at age 84. He had liver cancer.
Chinese fast fashion brand, Shein has rapidly become one of the popular brands among Gen…
CFDA’s NYFW Spring 2023 Show Schedule | 110 brands will participate
September marks the start of the Fashion Week season.
The world’s four major Fashion Weeks are held twice a year, with the autumn/winter collection of the year in February, and the spring/summer collection of the following year in September in New York, London, Milan, and Paris.
On July 28th, the CFDA (Council of Fashion Designers of America) and IMG announced this season’s schedule for the New York Fashion Week Spring/Summer 2023 collection. It will run from September 9th through September 14th.
Glossier partners with major beauty store, Sephora to revive the brand
Glossier in decline, fired 27 employees
Social media-born New York-based makeup brand “Glossier” is undergoing changes because of its inefficiency to keep up with evolving beauty industry.
Glossier laid off 24 employees on August 2nd, 2022. They also plan to add about 20 new employees, including leadership levels in the second half of this year as it transitions to an omnichannel model with major retailers in the United States and Canada.
In the past year attention to NFT(non-fungible tokens) and Metaverse has boomed exponentially. Luxurious fashion brands including Gucci, Burberry, and Louis Vuitton have also leaped into this popular metaverse market via NFTs. However, Hermes was one of the few brands that has not yet shown its interest in this market and that is when artist Rothchild started selling “MetaBirkins.”
On March 11, Los Angeles–based modern fine fragrance brand PHLUR announced its upcoming expansion into the European and Mexican markets through Sephora.
On March 11, Spanish fashion group Inditex announced its financial results for fiscal year 2025, reporting continued growth in both revenue and profit. Net sales reached €39.9 billion, while net income rose to €6.2 billion, marking new record levels for the company.
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 March 16, Japanese luxury jeweler TASAKI announced the appointment of Richard Collasse as Global CEO, simultaneously unveiling a major overhaul of its group leadership structure — a move aimed at accelerating the brand’s expansion on the world stage.
Tiffany & Co., the New York-born luxury jewelry house, has announced the appointment of Academy Award-winning actress, producer, and director Natalie Portman as its new Global House Ambassador.
On March 12, Prada Beauty announced the appointment of Bella Hadid as the brand’s first-ever Global Beauty Ambassador.
On March 12, Stéphane Bianchi, who heads the Watches & Jewelry division of LVMH Moët Hennessy Louis Vuitton, announced the appointment of Béatrice Goasglas as the new CEO of TAG Heuer, effective May 1, 2026.
Etro and its creative director, Marco De Vincenzo, have officially announced the end of their nearly four-year collaboration, effective March 12. A successor has yet to be named.
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 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.
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.
Prada’s parent company, Prada Group, has terminated relationships with more than 200 suppliers over the past five years after identifying labour compliance violations within its supply chain.
