On May 19, Bloomberg reported that Instagram is planning to release a text-based app to compete with Twitter.
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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.
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On December 2, the Prada Group announced that it has officially completed its acquisition of Versace from U.S.-based Capri Holdings.
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On November 27, HUMAN MADE Inc., the company led by Creative Director NIGO®, made its debut on the Tokyo Stock Exchange Growth Market.
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On November 24, the Italian luxury powerhouse Ermenegildo Zegna Group announced a significant overhaul of its leadership structure, effective January 1, 2026.
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The International Apparel & Textile Fair 2025 Dubai (IATF), one of the Middle East’s largest fashion and textile trade shows, was held from November 17 to 19 at the Dubai World Trade Centre.
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Saks Off 5th, a longtime pillar of shopping culture on New York’s Upper East Side, will close its flagship location on East 57th Street on December 31, 2025.
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Skims, the shapewear brand co-founded by Kim Kardashian, has entered a new phase of accelerated growth.
On December 4, it was revealed that Dario Vitale, the creative director of Versace, will leave the brand just a few months after taking on the position.
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LVMH Moët Hennessy Louis Vuitton has confirmed that Matteo De Rosa has stepped down from his role as CEO of Métiers d’Art, the division he has led since 2021.
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Luxury maison Dior has announced the appointment of American artist 070 Shake as its newest brand ambassador.
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On November 29, CHANEL announced that artist A$AP Rocky has been appointed as the maison’s newest brand ambassador.
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Amid ongoing restructuring in the global luxury e-commerce market, LuxExperience B.V., the digital multi-brand luxury group, announced that it has appointed Francis Belin as the new CEO of Mytheresa.
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The luxury maison Dior has announced the appointment of two rising stars from Thailand — Sirilak Kwong (known as Lingling) and Kornnaphat Sethratanapong (known as Orm) — as its newest brand ambassadors.
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.
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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.
The International Apparel & Textile Fair 2025 Dubai (IATF), one of the Middle East’s largest fashion and textile trade shows, was held from November 17 to 19 at the Dubai World Trade Centre.
