U.S.-based television shopping giant QVC Group announced on April 16 that it has initiated Chapter 11 proceedings in the United States as part of its financial restructuring efforts.
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On April 15, U.S.-based luxury resale company The RealReal announced the launch of its new podcast series, “Real Talk.”
On April 16, French luxury group Kering announced that it has entered into a strategic partnership with China-based fashion group ICCF.
On April 15, French luxury house Hermès reported its financial results for the first quarter of 2026 (ending March).
U.S.-based footwear brand Allbirds, Inc. is drawing market attention after announcing a strategic pivot into…
On April 14, Inside Out, a holding company built around the concept of conscious living, announced the acquisition of Muses Neck Potion No. 9, a wellness brand founded by Susan Rockefeller.
On April 13, French luxury group LVMH reported its results for the first quarter of 2026. The company posted revenue of €19.1 billion, marking a 6% decline on a reported basis but a 1% increase on an organic basis, demonstrating resilience despite a challenging external environment.
Hermès has opened its 25th leather goods workshop in Loupes, Gironde, near Bordeaux, France.
On April 13, the German fashion brand BOSS announced that it will become the official lifestyle outfitter of the Australian Open starting in 2027.
U.S. luxury department store group Saks Global has entered the final stage of its restructuring process. As the company moves toward exiting Chapter 11 this summer, it has secured $500 million in exit financing and filed its reorganization plan with the court, offering a clearer view of its path forward.