On July 10, at Sotheby’s “Fashion Icons” auction in Paris, the original Hermès Birkin bag once used by the late Jane Birkin was sold for €8.6 million, including fees.
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French high jeweler Chaumet has partnered with the prestigious five-star hotel The Peninsula Paris to present a limited-time afternoon tea experience.
The Council of Fashion Designers of America (CFDA) and Genesis House, a cultural space created by Hyundai Motor Company, have officially launched the third edition of the “AAPI Design + Innovation Grant,” a support program for Asian American and Pacific Islander (AAPI) designers.
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has acquired 100% ownership of Bey Médias, the media company that publishes the daily newspaper L’Opinion and the financial news website L’Agefi.
Gabriela Hearst, a leading voice in sustainable luxury, has unveiled her brand’s first-ever denim collection made from 100% recycled cotton.
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.
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.
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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.
