On March 11, Los Angeles–based modern fine fragrance brand PHLUR announced its upcoming expansion into the European and Mexican markets through Sephora.
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On March 11, Spanish fashion group Inditex announced its financial results for fiscal year 2025, reporting continued growth in both revenue and profit. Net sales reached €39.9 billion, while net income rose to €6.2 billion, marking new record levels for the company.
On March 11, U.S.-based consumer technology platform Quince announced that it has raised $500 million in a Series E funding round. Following the financing, the company’s post-money valuation reached $10.1 billion.
Italian luxury fashion house Zegna has announced that it will serve as the main sponsor of the Italian Pavilion at the 61st International Art Exhibition of La Biennale di Venezia.
On March 11, French luxury brand Nina Ricci announced that Harris Reed is stepping down from his role as creative director.
On March 10, LITKOVSKA unveiled its Fall/Winter 2026 collection at Paris Fashion Week.
On March 6, Givenchy unveiled its Fall/Winter 2026 collection during Paris Fashion Week.
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On April 14, Inside Out, a holding company built around the concept of conscious living, announced the acquisition of Muses Neck Potion No. 9, a wellness brand founded by Susan Rockefeller.
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On April 13, French luxury group LVMH reported its results for the first quarter of 2026. The company posted revenue of €19.1 billion, marking a 6% decline on a reported basis but a 1% increase on an organic basis, demonstrating resilience despite a challenging external environment.
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Hermès has opened its 25th leather goods workshop in Loupes, Gironde, near Bordeaux, France.
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On April 13, the German fashion brand BOSS announced that it will become the official lifestyle outfitter of the Australian Open starting in 2027.
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U.S. luxury department store group Saks Global has entered the final stage of its restructuring process. As the company moves toward exiting Chapter 11 this summer, it has secured $500 million in exit financing and filed its reorganization plan with the court, offering a clearer view of its path forward.
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On April 8, U.S.-based luxury streetwear brand Fear of God announced a major organizational restructuring.
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Spanish beauty group Puig has appointed Renaud de Lesquen as president of its flagship brand Rabanne.
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On April 8, New York-based luxury brand Altuzarra announced the appointment of Marta Lastra as Chief Executive Officer, effective immediately.
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Italian designer Adriano Goldschmied, known as the “Godfather of Denim,” passed away at dawn on April 5 at a hospital in Castelfranco Veneto, Italy. He was 82 years old, following a prolonged battle with cancer.
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On April 6, Paris-based diamond jewelry maison Messika announced the appointment of actress Kiko Mizuhara as its new maison ambassador.
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On February 9, the Council of Fashion Designers of America (CFDA) announced the launch of the CFDA & OpenAI Innovation Hub, a new initiative established in partnership with OpenAI.
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On February 4, Osmo, a digital fragrance design company, announced that it has completed a $70 million Series B funding round.
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On January 27, Phia, an AI shopping agent co-founded by Phoebe Gates, the daughter of Bill Gates, announced that it has raised $35 million in a Series A round, valuing the company at $185 million.
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The world’s largest retail industry conference, NRF Retail’s Big Show 2026, has opened in New York. On the first day, the world’s largest luxury group, LVMH, took the stage under the theme “The Fusion of Craft and Intelligence,” presenting its vision for luxury in the age of AI—not as a set of tactics, but as a guiding philosophy.
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On December 10, Shopify, one of the world’s largest independent e-commerce platforms, announced the launch of Shopify Agentic Storefronts, a new solution designed to enable next-generation shopping experiences on AI platforms.
On March 17, San Francisco-based startup Rubi announced that it has raised $7.5 million in funding and secured multi-year offtake agreements worth over $60 million with leading fashion brands and manufacturers.
