On January 5, it was announced that Frédéric Arnault, chief executive of Swiss sports watch brand TAG Heuer, will become CEO of the LVMH watches.
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Louis Vuitton’s Spring/Summer 2024 collection, the first collection since Pharrell Williams took over as Men’s Creative Director, began hitting store shelves around the world this week.
In this article, following Summary of Memorable News in the Fashion Industry 2023, OSF’s editorial team has carefully selected the most notable news that occurred in the fashion business industry in 2023.
With the fashion industry slowly recovering from the pandemic, 2023 was a year of news in many different fields. What stories have left the most lasting impression on you?
In this article, OSF’s editors have carefully selected the most noteworthy news in the fashion industry in 2023.
Uniqlo will team up with Finnish brand Marimekko for the first time in six years to launch a limited-edition collection on New Year’s Day 2024.
On December 23, The Shiseido Americas Corporation, a Shiseido Company subsidiary, announced the acquisition of DDG Skincare Holdings LLC, which owns Dr. Dennis Gross Skincare.
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Japanese beauty company Kao Corporation has completed a large-scale renovation of its Green Street manufacturing facility in Hertfordshire, UK, home to the iconic British luxury brand Molton Brown.
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On June 30, L’Oréal, the world’s largest beauty company, announced that it has signed an agreement to acquire Color Wow, a professional haircare brand experiencing rapid growth.
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On June 27, ultra-fast fashion giant SHEIN is reportedly preparing to submit a draft prospectus confidentially to the Hong Kong Stock Exchange for an upcoming initial public offering (IPO), according to sources cited by Reuters.
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From June 11 to 13, 2025, Intertextile Shenzhen Apparel Fabrics 2025 and Yarn Expo Shenzhen were successfully held in Shenzhen, one of China’s leading apparel manufacturing cities.
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On June 23, global personal care leader Unilever announced that it has entered into an agreement to acquire Dr. Squatch, a U.S.-based men’s personal care brand known for its natural and high-quality products.
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On June 9, OTB Group—the international fashion and luxury conglomerate behind innovative brands such as Maison Margiela, Jil Sander, Diesel, and Marni—officially announced its full-scale entry into the Mexican market.
On July 4, American denim brand GUESS JEANS opened its first-ever flagship store in mainland Asia, located in the Jingumae neighborhood of Tokyo.
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On June 27, historic French luxury trunk maker Moynat, founded in 1849, opened a new boutique named “34 M” at 34 Avenue Montaigne in Paris’s 8th arrondissement.
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On June 28, Louis Vuitton officially unveiled a new retail space, “The Louis,” in Shanghai’s Nanjing West Road business district.
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Oliver Smith Jeweler has announced the opening of a new OMEGA brand boutique in Aspen, Colorado, in partnership with the Swiss luxury watchmaker.
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On June 14, Italian fashion powerhouse Emporio Armani unveiled a new flagship store on Tokyo’s prestigious Miyuki Street in Ginza.
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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.
In April 2024, French luxury group Kering announced a new “Water-Positive Strategy” as a key step in its commitment to water conservation.
