On May 15, VICE Media filed for Chapter 11 bankruptcy protection and announced its bankruptcy. According to documents filed with the court by the company, the total debt is reportedly estimated at up to $1 billion.
Subscribe now to receive the latest articles in our weekly newsletter!
On May 15, VICE Media filed for Chapter 11 bankruptcy protection and announced its bankruptcy. According to documents filed with the court by the company, the total debt is reportedly estimated at up to $1 billion.
“Should we fear AI?”
People often debate this question about “generative AI,” which is evolving at a breakneck pace every day.
The dates for each brand’s Cruise 2024 Collection have been officially announced.
CHANEL will hold its Cruise 2024 Collection show on May 9 in Los Angeles, California, U.S. GUCCI is scheduled to present its Cruise 2024 Collection on May 16 at Gyeongbok Palace in Seoul, Korea.
The Taipei Fashion Week held in March 2023 saw a different approach to each brand’s work and theme, from the unparalleled savoir-faire of traditional crafts inherited in Taiwan to real and virtual fusion collections that introduced cutting-edge digital technology, as well as contributions to sustainability with consideration for the natural environment.
On May 1, MET GALA 2023, the biggest celebration of the fashion world was held at the Metropolitan Museum of Art in New York City. Below is a roundup of the red-carpet outfits of the celebrities who attended the MET GALA 2023.
On April 27, a reopening party was held at the Tiffany & Co. flagship store on Fifth Avenue in New York, which has been newly reborn as “The Landmark.
Tom Ford’s new executive leadership team has been appointed. Guillaume Jesel has been named President and CEO of the brand, and Peter Hawkings has been appointed creative director, succeeding Ford.
The European Commission has opened formal proceedings against the Chinese-founded online retailer Shein under the Digital Services Act (DSA).
Barcelona-based beauty and fashion group Puig announced its full-year and fourth-quarter 2025 results on February 18. Despite foreign exchange headwinds, the company maintained strong growth and surpassed €5 billion in annual revenue for the first time in its history.
On February 2, New York–based luxury resale company Madison Avenue Couture announced that it achieved more than 40% year-over-year revenue growth in 2025.
On February 4, Osmo, a digital fragrance design company, announced that it has completed a $70 million Series B funding round.
On February 2, U.S.-based private equity firm RoundTable Healthcare Partners, which specializes exclusively in the healthcare sector, announced an investment and strategic partnership with premium skincare and sun protection brand Colorescience.
On February 3, Capri Holdings Limited announced its results for the third quarter of fiscal year 2026, revealing that while headwinds persisted on the revenue front, the company has significantly strengthened its financial foundation through the sale of Versace.
On February 24, UNIQLO, the global apparel brand operated by Fast Retailing Co., Ltd., announced that it has signed a global brand ambassador agreement with British tennis star Emma Raducanu.
On February 24, London-based fashion brand COS unveiled its Spring/Summer 2026 campaign.
On February 19, the Italian luxury maison Bvlgari announced that it has appointed singer-songwriter Dua Lipa as its new Global Ambassador.
On February 12, Italian designer Sabato De Sarno announced the launch of two scholarships dedicated to the First-Level Academic Diploma (DAPL) in Fashion Design at IED Florence.
On February 18, the British Fashion Council (BFC) announced the appointment of Clare Waight Keller, Creative Director of Uniqlo, and Kate Varah, Executive Director and Co-Chief Executive of the National Theatre, as new members of its Executive Board.
On February 12, in Seoul, South Korea, Swiss luxury watchmaker Hublot announced the appointment of Jung Kook, a member of BTS and a globally recognized artist, as its new Global Brand Ambassador.
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.
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.
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 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.
On December 1, Shopify, one of the world’s largest independent e-commerce platforms, experienced an unexpected system outage on Cyber Monday.