New York-born fashion brand Kate Spade New York recently opened its first jewelry-only concept store in London.
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The 2024 ANDAM Fashion Award ceremony took place on June 27 at the Palais Royal Gardens in Paris. This year, Lebanese-born Australian designer Christopher Esber won the Andam Grand Prize.
On June 27, luxury house Lanvin announced the appointment of Peter Copping as artistic director.
A new Hermès address has been added to the Ginza district of Tokyo, where tradition and innovation coexist. On June 26, Hermès opened a new store on the first floor of Ginza Mitsukoshi, Tokyo (4-6-16 Ginza, Chuo-ku, Tokyo).
Matches, a British luxury e-commerce site, has announced that it is closing its site permanently at the end of June after a financial collapse.
On June 25, ThredUp, a U.S. online resale platform, announced the appointment of Noam Paransky, Chief Omni & Innovation Officer of Tapestry, to its Board of Directors.
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On July 29, French luxury group Kering announced that its net profit for the first half of 2025 fell by 46% year-over-year to €474 million.
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LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury conglomerate, is reportedly exploring the sale of its fashion brand Marc Jacobs.
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On July 24, LVMH Moët Hennessy Louis Vuitton announced its consolidated financial results for the first half of 2025.
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On July 22, leading private equity firm TSG Consumer announced it had reached a definitive agreement to acquire the rapidly growing fragrance brand PHLUR.
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On July 18, Pop Mart, the company behind Labubu, filed a lawsuit in the U.S. District Court for the Central District of California against 7-Eleven, Inc. and eight of its franchisees in the state, alleging that they sold counterfeit Labubu products.
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Shiseido, one of Japan’s leading cosmetics companies, has announced a large-scale workforce reduction at its U.S. subsidiary, Shiseido Americas.
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.
On June 20, Meta announced a new collaboration with Oakley, introducing a brand-new product category: Oakley Meta Glasses, a performance AI eyewear designed to unlock human potential through the fusion of sports and technology.
On June 12, Yahoo unveiled a new AI-powered feature called “Catch Up” for its official mobile app (iOS/Android), designed to revolutionize the user experience of managing email inboxes.
On June 11, L’Oréal Groupe announced a strategic partnership with U.S.-based AI chipmaker NVIDIA to accelerate the use of AI in the beauty industry.
Italian luxury brand Antonio Marras has opened its first overseas flagship store in New York.
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On July 11, Tiffany & Co., the renowned luxury jewelry maison from New York, opened its largest flagship store in Asia, Tiffany Ginza, located in the heart of Tokyo’s Ginza 6-chome.
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Luxury footwear brand Amina Muaddi has officially opened her first standalone boutique on Avenue Montaigne in Paris.
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Muse, the jewelry boutique originating from New York’s West Village, opened a new location in early July at Nordstrom’s flagship store in New York.
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French luxury jeweler Boucheron has opened its first-ever West Coast flagship boutique at 449 North Rodeo Drive in Beverly Hills, Los Angeles.
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On July 4, American denim brand GUESS JEANS opened its first-ever flagship store in mainland Asia, located in the Jingumae neighborhood of Tokyo.
L’Oréal Groupe, the world’s largest beauty company, has officially launched the first call for applications for its new global initiative, the Sustainable Innovation Accelerator.
