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The U.S. luxury department store group Saks Global has filed for Chapter 11 bankruptcy protection. The company estimates it has up to 25,000 creditors, with total liabilities reaching as much as $10 billion, and global luxury brands including Chanel are listed among its unpaid creditors.
American apparel brand J.Crew has entered into a three-year partnership with U.S. Ski & Snowboard, the national governing body for ski and snowboard sports in the United States, unveiling its first collaborative collection.
On January 14, Italian fashion brand Diesel announced the appointment of Andrea Rigogliosi as its new Chief Executive Officer.
On January 14, U.S. luxury department store group Saks Global announced that it has filed for protection under Chapter 11 of the U.S. Bankruptcy Code.
On January 12, U.S. apparel giant American Eagle Outfitters announced that it achieved record-high sales during the fourth-quarter 2025 holiday season.
On January 12, the American Apparel & Footwear Association (AAFA) announced that Zac Posen has been named Designer of the Year at the 2026 American Image Awards.
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 April 15, French luxury house Hermès reported its financial results for the first quarter of 2026 (ending March).
U.S.-based footwear brand Allbirds, Inc. is drawing market attention after announcing a strategic pivot into AI compute infrastructure. After years of declining performance, the company’s latest move has triggered a sharp surge…
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.
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.
Hermès has opened its 25th leather goods workshop in Loupes, Gironde, near Bordeaux, France.
On April 13, the German fashion brand BOSS announced that it will become the official lifestyle outfitter of the Australian Open starting in 2027.
On April 10, Ralph Toledano stepped down as chairman of Victoria Beckham after approximately eight years in the role. His departure took effect on March 31, 2026.
On April 9, it was revealed that Stefano Gabbana, co-founder of the Italian luxury brand Dolce & Gabbana, had stepped down from his role as chairman. The resignation reportedly took place in…
On April 8, U.S.-based luxury streetwear brand Fear of God announced a major organizational restructuring.
Spanish beauty group Puig has appointed Renaud de Lesquen as president of its flagship brand Rabanne.
On April 8, New York-based luxury brand Altuzarra announced the appointment of Marta Lastra as Chief Executive Officer, effective immediately.
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.
Can AI truly eliminate fit uncertainty in fashion e-commerce? CATCHES’ RealFit suggests a future where digital shopping is no longer defined by guesswork, but by precision.
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.
On February 4, Osmo, a digital fragrance design company, announced that it has completed a $70 million Series B funding round.
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 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.
