On December 23, Saks Global announced the completion of its acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion.
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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.
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On February 19, Canada-based fashion retailer Aritzia announced that it has acquired the iconic Los Angeles retail brand Fred Segal.
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The European Commission has opened formal proceedings against the Chinese-founded online retailer Shein under the Digital Services Act (DSA).
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Barcelona-based beauty and fashion group Puig announced its full-year and fourth-quarter 2025 results on February 18. Despite foreign exchange headwinds, the company maintained strong growth and surpassed €5 billion in annual revenue for the first time in its history.
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On February 2, New York–based luxury resale company Madison Avenue Couture announced that it achieved more than 40% year-over-year revenue growth in 2025.
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On February 4, Osmo, a digital fragrance design company, announced that it has completed a $70 million Series B funding round.
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On February 2, U.S.-based private equity firm RoundTable Healthcare Partners, which specializes exclusively in the healthcare sector, announced an investment and strategic partnership with premium skincare and sun protection brand Colorescience.
On February 27, the Italian-born lifestyle brand AUTRY announced the appointment of Changbin of the K-pop group Stray Kids as its first-ever global brand ambassador.
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The Spanish luxury house Loewe has announced that actor Théodore Pellerin has been appointed as its newest brand ambassador.
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On February 24, UNIQLO, the global apparel brand operated by Fast Retailing Co., Ltd., announced that it has signed a global brand ambassador agreement with British tennis star Emma Raducanu.
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On February 24, London-based fashion brand COS unveiled its Spring/Summer 2026 campaign.
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On February 19, the Italian luxury maison Bvlgari announced that it has appointed singer-songwriter Dua Lipa as its new Global Ambassador.
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On February 12, Italian designer Sabato De Sarno announced the launch of two scholarships dedicated to the First-Level Academic Diploma (DAPL) in Fashion Design at IED Florence.
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.
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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.
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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.
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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.
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On December 1, Shopify, one of the world’s largest independent e-commerce platforms, experienced an unexpected system outage on Cyber Monday.
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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…
