On June 27, luxury house Lanvin announced the appointment of Peter Copping as artistic director.
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A new Hermès address has been added to the Ginza district of Tokyo, where tradition and innovation coexist. On June 26, Hermès opened a new store on the first floor of Ginza Mitsukoshi, Tokyo (4-6-16 Ginza, Chuo-ku, Tokyo).
Matches, a British luxury e-commerce site, has announced that it is closing its site permanently at the end of June after a financial collapse.
On June 25, ThredUp, a U.S. online resale platform, announced the appointment of Noam Paransky, Chief Omni & Innovation Officer of Tapestry, to its Board of Directors.
Virtue Labs, a biotech haircare brand, recently announced that it has signed a distribution agreement with Ulta Beauty, a leading U.S. beauty retailer.
On June 25, California-based online retailer Revolve Group, Inc. announced that it had acquired a majority stake in French luxury couture house Alexandre Vauthier.
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Quince, the U.S.-based brand known for offering high-quality products at accessible prices, has raised $200 million in a new funding round, pushing its valuation past $4.5 billion, according to a report by Bloomberg.
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On July 30, Paris- Hermès International released its financial results for the first half of 2025, demonstrating continued strong growth despite increasing global economic uncertainty.
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On July 29, French luxury group Kering announced that its net profit for the first half of 2025 fell by 46% year-over-year to €474 million.
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LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury conglomerate, is reportedly exploring the sale of its fashion brand Marc Jacobs.
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On July 24, LVMH Moët Hennessy Louis Vuitton announced its consolidated financial results for the first half of 2025.
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On July 22, leading private equity firm TSG Consumer announced it had reached a definitive agreement to acquire the rapidly growing fragrance brand PHLUR.
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.
Katia de Lasteyrie, who led innovation for years at the Watches & Jewelry division of LVMH, has launched her own brand SPKTRL, a concept that merges high jewelry craftsmanship with cutting-edge technology.
On June 20, Meta announced a new collaboration with Oakley, introducing a brand-new product category: Oakley Meta Glasses, a performance AI eyewear designed to unlock human potential through the fusion of sports and technology.
On June 12, Yahoo unveiled a new AI-powered feature called “Catch Up” for its official mobile app (iOS/Android), designed to revolutionize the user experience of managing email inboxes.
On June 11, L’Oréal Groupe announced a strategic partnership with U.S.-based AI chipmaker NVIDIA to accelerate the use of AI in the beauty industry.
Luxury home furnishings brand RH (formerly Restoration Hardware) has officially opened its first flagship store in Quebec: RH Montreal, The Gallery at Royalmount.
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Italian luxury brand Antonio Marras has opened its first overseas flagship store in New York.
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On July 11, Tiffany & Co., the renowned luxury jewelry maison from New York, opened its largest flagship store in Asia, Tiffany Ginza, located in the heart of Tokyo’s Ginza 6-chome.
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Luxury footwear brand Amina Muaddi has officially opened her first standalone boutique on Avenue Montaigne in Paris.
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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.
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French luxury jeweler Boucheron has opened its first-ever West Coast flagship boutique at 449 North Rodeo Drive in Beverly Hills, Los Angeles.
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.
