On July 22, leading private equity firm TSG Consumer announced it had reached a definitive agreement to acquire the rapidly growing fragrance brand PHLUR.
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Luxury home furnishings brand RH (formerly Restoration Hardware) has officially opened its first flagship store in Quebec: RH Montreal, The Gallery at Royalmount.
The French maison Longchamp has unveiled its first-ever beach club, the LONGCHAMP BEACH CLUB, in the upscale Tuscan resort town of Forte dei Marmi, Italy.
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 July 18, Pop Mart, the company behind Labubu, filed a lawsuit in the U.S. District Court for the Central District of California against 7-Eleven, Inc. and eight of its franchisees in the state, alleging that they sold counterfeit Labubu products.
Italian luxury brand Antonio Marras has opened its first overseas flagship store in New York.
Shiseido, one of Japan’s leading cosmetics companies, has announced a large-scale workforce reduction at its U.S. subsidiary, Shiseido Americas.
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December 16, U.S.-based skincare brand YSE Beauty has announced that it has raised $15 million in a Series A funding round.
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On December 16, Swedish next-generation cellulose material company Circulose announced the expansion of its partnerships with global fashion brands as it accelerates the large-scale rollout of CIRCULOSE®.
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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.
On December 10, American global lifestyle brand Tommy Hilfiger announced the appointment of Formula 1® driver Sergio Perez as its new Global Menswear Ambassador.
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NARS Cosmetics, the Shiseido-owned makeup brand, has announced American model and actress Kaia Gerber as its new Global Brand Ambassador.
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On December 14, U.S. cosmetics brand M·A·C announced the appointment of Ella Gross, a Korean-American singer and member of the global girl group MEOVV, as its new global ambassador.
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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, 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.
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.
