On December 5, jewelry brand Swarovski announced signing a long-term beauty license agreement with Coty, one of the world’s leading beauty companies.
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Burberry, one of the most iconic British fashion brands, has initiated legal action against discount retailer B&M in London’s High Court, alleging trademark infringement.
On December 4, the Japan Fashion Week Organization (JFWO), a key player in Japan’s fashion industry, announced its partnership with PITTI IMMAGINE, a leading force in organizing international fashion trade fairs and events in Italy.
On November 26, Capri Holdings, a luxury fashion group, announced a reorganization of the leadership team for its subsidiary brand, Michael Kors.
On November 26, U.S. retail giant Nordstrom announced its Q3 2024 financial results, reporting a 4.6% year-over-year increase in net sales and a 4.0% increase in company-wide comparable sales.
San Francisco-based footwear brand Allbirds has announced new distribution agreements to expand its presence in the European and Latin American markets.
On November 14, Tapestry, Inc. announced that it has mutually agreed to terminate the merger agreement with Capri Holdings Limited.
Pitti Immagine Uomo 107, to be held in Florence, Italy, in January 2025, brings a glimmer of hope for a long-awaited recovery in the Italian menswear market.
Capri Holdings, which owns renowned fashion brands such as Michael Kors, Versace, and Jimmy Choo, announced its fiscal second-quarter 2025 results on November 7, revealing a significant shortfall in sales projections.
According to Reuters, major consumer goods companies such as Unilever and Procter & Gamble (P&G) are facing the threat of tariffs on Mexico under the incoming administration of U.S. President-elect Donald Trump.