On April 17, Hermès announced its financial results for the first quarter of 2025, revealing that revenue reached €4.1 billion (approximately $5.3 billion), marking a 9% increase year-over-year (+7% at constant exchange rates).
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On April 13, French luxury conglomerate LVMH Moët Hennessy Louis Vuitton announced its financial results for the first quarter of fiscal year 2025.
On April 11, fast fashion giant Shein received preliminary approval from the UK’s Financial Conduct Authority (FCA) to proceed with its initial public offering (IPO) on the London Stock Exchange.
On April 11, Tokyo-based fashion brand Ambush announced its return as an independent label.
On April 10, Prada Group officially announced that it has reached a definitive agreement to acquire the Italian luxury brand Versace from U.S.-based Capri Holdings.
On April 9, ZOZO, Inc. officially announced that it has acquired all shares of Lyst Ltd, a London-based fashion shopping platform, for $154 million.
On April 4, Hailey Bieber, the model-turned-entrepreneur, was reported to be considering the sale of her viral beauty brand Rhode, according to Reuters.
On April 3, Kering Eyewear announced that it had signed an agreement to acquire 100% of Visard’s share capital, an eyewear manufacturer based in the Belluno region of Italy, and to become a minority shareholder in Mistral.
On April 2, U.S. President Donald J. Trump announced a new tariff policy, imposing a flat 10% base tariff on all imported goods, along with significantly higher “Reciprocal Tariffs” targeting key trading partners such as China, Vietnam, Japan, and South Korea.
Reality star and entrepreneur Paris Hilton has officially announced the launch of her latest skincare brand, Parívie.