On August 5, German fashion brand Hugo Boss announced its financial results for the second quarter of 2025.
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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 August 4, Chinese ultra-fast fashion giant Shein was fined €1 million by Italian authorities over misleading environmental claims—commonly referred to as greenwashing.
Global music icon Rihanna’s beauty brand Fenty Beauty, along with its skincare line Fenty Skin, is set to enter the Indian market officially on August 7 (local time).
Quince, the U.S.-based brand known for offering high-quality products at accessible prices, has raised $200 million in a new funding round, pushing its valuation past $4.5 billion, according to a report by Bloomberg.
On July 30, Paris- Hermès International released its financial results for the first half of 2025, demonstrating continued strong growth despite increasing global economic uncertainty.
On July 29, French luxury group Kering announced that its net profit for the first half of 2025 fell by 46% year-over-year to €474 million.
On July 24, LVMH Moët Hennessy Louis Vuitton announced its consolidated financial results for the first half of 2025.
On July 22, leading private equity firm TSG Consumer announced it had reached a definitive agreement to acquire the rapidly growing fragrance brand PHLUR.
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.
Shiseido, one of Japan’s leading cosmetics companies, has announced a large-scale workforce reduction at its U.S. subsidiary, Shiseido Americas.