SETCHU, the brand founded by 2023 LVMH Prize winner Satoshi Kuwata, is set to unveil its first fragrance line, titled SETCHU Perfume.
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French beauty giant L’Oréal has officially denied recent media reports claiming it will shut down its Hong Kong office and lay off over 200 employees, calling the information “inaccurate.”
OTB Group, the global fashion and luxury conglomerate behind brands such as Diesel, Maison Margiela, Jil Sander, and Marni, has released its 2024 Sustainability Report.
Luxury footwear brand Amina Muaddi has officially opened her first standalone boutique on Avenue Montaigne in Paris.
Jeff Bezos, the founder of Amazon and one of the world’s wealthiest individuals, is once again at the center of media buzz.
On July 10, artist Justin Bieber officially unveiled Skylrk, a new fashion brand he had been quietly developing.
On July 10, Ulta Beauty, the largest specialty beauty retailer in the United States, announced its acquisition of Space NK, a UK-based luxury beauty retailer, from investment firm Manzanita Capital.
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On December 16, French luxury group Kering announced that it has sold a 60% stake in a property it owns on New York’s Fifth Avenue and will transition to a joint venture structure with investment firm Ardian.
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Italian luxury house Prada is set to officially launch a limited-edition collection inspired by India’s traditional leather sandals, Kolhapuri chappals.
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On December 11, U.S.-based athletic apparel giant lululemon athletica inc. announced that its Chief Executive Officer, Calvin McDonald, will step down from his role effective January 31, 2026.
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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 9, Vince Holding Corp., the parent company of the U.S. contemporary brand Vince, announced its financial results for the third quarter ended November 1, 2025.
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Luxury retail giant Saks Global has filed a lawsuit to block Yumi Shin, former Chief Merchandising Officer of New York’s iconic luxury department store Bergdorf Goodman, from assuming a new role at Nordstrom, one of the company’s direct competitors.
On December 11, U.S.-based athletic apparel giant lululemon athletica inc. announced that its Chief Executive Officer, Calvin McDonald, will step down from his role effective January 31, 2026.
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On December 11, French luxury house Louis Vuitton announced that it has appointed Chase Infiniti, one of the most promising emerging actresses in the United States, as its newest ambassador.
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Luxury retail giant Saks Global has filed a lawsuit to block Yumi Shin, former Chief Merchandising Officer of New York’s iconic luxury department store Bergdorf Goodman, from assuming a new role at Nordstrom, one of the company’s direct competitors.
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On December 8, UNCAGED Innovations, a biomaterials company developing sustainable grain-based leather alternatives, announced that Academy Award–winning actor and prominent animal welfare advocate Natalie Portman has joined the company as a strategic partner.
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On December 8, California-based luxury fashion retailer FWRD (under REVOLVE Group, Inc.) announced the appointment of Rosie Huntington-Whiteley—internationally renowned model and entrepreneur—as its new Fashion Director.
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On December 5, Italian luxury menswear house Brioni announced the departure of its design director Norbert Stumpfl, who has led the brand’s creative direction for the past seven years since his appointment in 2018.
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.
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On October 22, Shop My Shelf, Inc., also known as ShopMy, announced the completion of a $70 million funding round at a valuation of $1.5 billion.
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On October 14, The Estée Lauder Companies Inc. announced the opening of its new hub, La Maison des Parfums, on Rue Volney in Paris’s 2nd arrondissement.
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On October 14, Ulta Beauty, the largest beauty retailer in the United States, announced the launch of UB Marketplace, a new platform dedicated to beauty and wellness.
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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.
Italian luxury house Prada is set to officially launch a limited-edition collection inspired by India’s traditional leather sandals, Kolhapuri chappals.
