On December 13th, Lucien Pagès Communication, a prominent PR agency based in Paris and New York, announced that it had become part of The Independents, a leading group in the luxury and lifestyle sectors.
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On December 10, Japan’s leading cosmetics company KOSÉ Corporation announced the acquisition of shares in PURI CO., LTD. (hereinafter referred to as “PURI”), the company behind Thailand’s renowned holistic wellness brand PAÑPURI.
On December 9, outdoor brand L.L.Bean announced its second round of layoffs for 2024.
On December 5, jewelry brand Swarovski announced signing a long-term beauty license agreement with Coty, one of the world’s leading beauty companies.
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.