On December 2, the Prada Group announced that it has officially completed its acquisition of Versace from U.S.-based Capri Holdings.
Business News
In-depth guides exploring the structure, strategies, and business dynamics shaping the global fashion and luxury industry. From luxury conglomerates to fashion week economics, this section breaks down complex industry topics into accessible, evergreen analysis.
On November 27, HUMAN MADE Inc., the company led by Creative Director NIGO®, made its debut on the Tokyo Stock Exchange Growth Market.
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.
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.
On November 12, Turin-based BasicNet announced that it has signed an agreement to acquire the European operations of the historic American outdoor brand Woolrich.
WMH Project Acquires Profirst France and Merges It with PETIT AMI to Launch New Agency “The Officin”
On November 12, the Europe-based communication group WMH Project announced the creation of The Officin, a new creative and production agency aimed at expanding its footprint in the luxury sector.
Located in Paris’s historic Marais district, the French department store BHV Marais opened a new permanent store for the Chinese ultra-fast fashion giant Shein on November 5.
On November 6, Tapestry, Inc. announced its financial results for the first quarter of fiscal year 2026, reporting revenue of $1.7 billion, up 13% year over year (12% on a constant-currency basis)—a performance that exceeded market expectations.
On November 3, Condé Nast, the parent company of Vogue, announced that Teen Vogue, the digital media platform that has long symbolized the voice of younger generations, will be integrated into Vogue.com.
On November 3, Italian fragrance brand Vranjes Firenze, founded in 1983 in Florence, announced the acquisition of a 51% stake in Integra Fragrances, a company specializing in olfactory branding.









