“Threads” app continues to gain momentum. The new Threads app, released by Meta on July 5 of this month, has seen a tremendous increase in users over the past two days, and as of July 7, the number of users worldwide exceeds 73 million.
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“Threads” app continues to gain momentum. The new Threads app, released by Meta on July 5 of this month, has seen a tremendous increase in users over the past two days, and as of July 7, the number of users worldwide exceeds 73 million.
The Global Fashion Summit, the world’s largest fashion sustainability event, was held in Copenhagen from June 27-28. The event was attended by major conglomerates including LVMH and PVH, innovative startups such as Hilos and Circulose, charities like the Or Foundation, and prominent policymakers from Europe and the US.
The Fédération de la Haute Couture et de la Mode has announced the schedule and participating brands for the Haute Couture Week Fall/Winter 2023-2024 Collection. It will be held from July 3 to 6, with runway shows and presentations by 32 fashion brands.
On June 26, Jacquemus presented its Fall 2023 collection “LE CHOUCHOU” in the gardens of Louis XIV’s Versailles Palace outside Paris.
On June 22, Dior presented its summer 2024 men’s collection.
Savage X Fenty, the lingerie brand co-owned by popular singer Rihanna and other investors including LVMH, has announced the appointment of Hillary Super as its new chief executive officer and director.
On June 20, Louis Vuitton presented its Spring/Summer 2024 men’s collection, the first since the arrival of Pharrell Williams as Creative Director of the men’s collection.
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.