On July 15th, Swatch Group, which owns Harry Winston, released its financial report for the first half of 2024, showcasing significant decreases in revenue and profits.
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On July 17th, EssilorLuxottica, a global leader in the eyewear industry, announced that it has entered into a definitive agreement to acquire the fashion brand Supreme from VF Corporation for $1.5 billion.
On July 17, the French luxury conglomerate LVMH announced the appointment of Julien Tornare as the new CEO of its watch brand, Hublot.
Coperni, the French fashion brand renowned for its innovative performance and design, has announced that its next runway show will be held at Disneyland in Paris.
On July 16, Swarovski, renowned for its crystal jewelry, announced the appointment of singer and actress Ariana Grande as its new brand ambassador.
Dior has recently welcomed F1 star racer Lewis Hamilton as its new ambassador and announced a new lifestyle capsule collection co-created with him as a guest designer.
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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.
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On June 16, the Coach Foundation—the philanthropic division of the American luxury brand Coach—announced an additional $20 million investment to expand its flagship scholarship program, Dream It Real, which aims to award 10,000 scholarships by 2030.
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.
