On August 14, New York-based global company Tapestry, Inc. announced its fiscal 2025 fourth quarter and full-year results, reporting record annual revenue of $7 billion, fueled by robust growth at its flagship brand Coach.
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In-depth analysis of the business, strategy, and economics shaping the global fashion and luxury industries. Covering conglomerates, market trends, startups, retail strategy, and the people driving the business of fashion.
Swiss luxury watchmaker Audemars Piguet acquired a majority stake in Inhotec SA in August to preserve and strengthen the Swiss watchmaking ecosystem and secure its industrial independence.
Shiseido is implementing a large-scale restructuring in an effort to turn around its US operations.
On August 13, Canadian apparel giant Gildan Activewear Inc. announced that it has agreed to acquire U.S. innerwear and underwear major HanesBrands Inc. for $2.2 billion in cash and stock.
UK cosmetics brand Revolution Beauty has rejected a takeover proposal from UK-based private equity firm…
On August 5, approximately 1,000 employees of Gucci, the luxury brand under French conglomerate Kering, declared a state of unrest in Italy, signaling the potential for a strike.
On August 6, U.S.-based beauty company e.l.f. Beauty announced its financial results for the first quarter of fiscal year 2026, ending June 30, 2025.
On August 5, German fashion brand Hugo Boss announced its financial results for the second quarter of 2025.
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).