On May 18, the Wall Street Journal reported that Shein, China’s leading fast fashion brand, has raised $2 billion in funding at a valuation of $66 billion.
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On May 19, Bloomberg reported that Instagram is planning to release a text-based app to compete with Twitter.
On May 15, VICE Media filed for Chapter 11 bankruptcy protection and announced its bankruptcy. According to documents filed with the court by the company, the total debt is reportedly estimated at up to $1 billion.
“Should we fear AI?”
People often debate this question about “generative AI,” which is evolving at a breakneck pace every day.
The dates for each brand’s Cruise 2024 Collection have been officially announced.
CHANEL will hold its Cruise 2024 Collection show on May 9 in Los Angeles, California, U.S. GUCCI is scheduled to present its Cruise 2024 Collection on May 16 at Gyeongbok Palace in Seoul, Korea.
The Taipei Fashion Week held in March 2023 saw a different approach to each brand’s work and theme, from the unparalleled savoir-faire of traditional crafts inherited in Taiwan to real and virtual fusion collections that introduced cutting-edge digital technology, as well as contributions to sustainability with consideration for the natural environment.
On May 1, MET GALA 2023, the biggest celebration of the fashion world was held at the Metropolitan Museum of Art in New York City. Below is a roundup of the red-carpet outfits of the celebrities who attended the MET GALA 2023.
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Hermès has opened its 25th leather goods workshop in Loupes, Gironde, near Bordeaux, France.
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On April 13, the German fashion brand BOSS announced that it will become the official lifestyle outfitter of the Australian Open starting in 2027.
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U.S. luxury department store group Saks Global has entered the final stage of its restructuring process. As the company moves toward exiting Chapter 11 this summer, it has secured $500 million in exit financing and filed its reorganization plan with the court, offering a clearer view of its path forward.
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On April 7, Levi Strauss & Co. reported its financial results for the first quarter ended March 1, 2026. Net revenues, margins, and EPS all exceeded guidance, and the company raised its full-year outlook.
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Can influencers truly succeed as business operators?
“Reale Actives,” the skincare brand created by Alix Earle, generated several million dollars in sales on its very first day. At the same time, debates surrounding its ingredients and credibility spread just as rapidly.
Why has this brand continued to be talked about so extensively?
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The beauty industry giant The Estée Lauder Companies has stepped into a new phase of transformation.
On April 9, it was revealed that Stefano Gabbana, co-founder of the Italian luxury brand Dolce & Gabbana, had stepped down from his role as chairman. The resignation reportedly took place in…
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On April 8, U.S.-based luxury streetwear brand Fear of God announced a major organizational restructuring.
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Spanish beauty group Puig has appointed Renaud de Lesquen as president of its flagship brand Rabanne.
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On April 8, New York-based luxury brand Altuzarra announced the appointment of Marta Lastra as Chief Executive Officer, effective immediately.
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Italian designer Adriano Goldschmied, known as the “Godfather of Denim,” passed away at dawn on April 5 at a hospital in Castelfranco Veneto, Italy. He was 82 years old, following a prolonged battle with cancer.
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On April 6, Paris-based diamond jewelry maison Messika announced the appointment of actress Kiko Mizuhara as its new maison ambassador.
Can AI truly eliminate fit uncertainty in fashion e-commerce? CATCHES’ RealFit suggests a future where digital shopping is no longer defined by guesswork, but by precision.
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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.
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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 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.
On March 17, San Francisco-based startup Rubi announced that it has raised $7.5 million in funding and secured multi-year offtake agreements worth over $60 million with leading fashion brands and manufacturers.
