Saks Off 5th, a longtime pillar of shopping culture on New York’s Upper East Side, will close its flagship location on East 57th Street on December 31, 2025.
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Skims, the shapewear brand co-founded by Kim Kardashian, has entered a new phase of accelerated growth.
On November 12, Turin-based BasicNet announced that it has signed an agreement to acquire the European operations of the historic American outdoor brand Woolrich.
WMH Project Acquires Profirst France and Merges It with PETIT AMI to Launch New Agency “The Officin”
On November 12, the Europe-based communication group WMH Project announced the creation of The Officin, a new creative and production agency aimed at expanding its footprint in the luxury sector.
Located in Paris’s historic Marais district, the French department store BHV Marais opened a new permanent store for the Chinese ultra-fast fashion giant Shein on November 5.
On November 6, Tapestry, Inc. announced its financial results for the first quarter of fiscal year 2026, reporting revenue of $1.7 billion, up 13% year over year (12% on a constant-currency basis)—a performance that exceeded market expectations.
On November 3, Condé Nast, the parent company of Vogue, announced that Teen Vogue, the digital media platform that has long symbolized the voice of younger generations, will be integrated into Vogue.com.
On November 3, Italian fragrance brand Vranjes Firenze, founded in 1983 in Florence, announced the acquisition of a 51% stake in Integra Fragrances, a company specializing in olfactory branding.
German sportswear giant Puma announced plans to cut approximately 900 corporate positions worldwide by the end of 2026 as part of a sweeping restructuring effort under its new CEO, Arthur Hoeld.
On October 28, The Estée Lauder Companies Inc., a global leader in the luxury beauty industry, announced a new strategic partnership with Shopify, one of the world’s leading commerce platforms.