Barcelona-based beauty and fashion group Puig announced its full-year and fourth-quarter 2025 results on February 18. Despite foreign exchange headwinds, the company maintained strong growth and surpassed €5 billion in annual revenue for the first time in its history.
Business
Stay updated with the latest global fashion business news and Informative insights.
On February 2, New York–based luxury resale company Madison Avenue Couture announced that it achieved more than 40% year-over-year revenue growth in 2025.
On February 4, Osmo, a digital fragrance design company, announced that it has completed a $70 million Series B funding round.
On February 2, U.S.-based private equity firm RoundTable Healthcare Partners, which specializes exclusively in the healthcare sector, announced an investment and strategic partnership with premium skincare and sun protection brand Colorescience.
On February 3, Capri Holdings Limited announced its results for the third quarter of fiscal year 2026, revealing that while headwinds persisted on the revenue front, the company has significantly strengthened its financial foundation through the sale of Versace.
Prada’s parent company, Prada Group, has terminated relationships with more than 200 suppliers over the past five years after identifying labour compliance violations within its supply chain.
On January 28, Allbirds, a footwear brand known for its use of sustainable materials, announced plans to streamline its operations as part of a strategy to achieve profitable growth.
On January 27, Phia, an AI shopping agent co-founded by Phoebe Gates, the daughter of Bill Gates, announced that it has raised $35 million in a Series A round, valuing the company at $185 million.
On January 27, French luxury conglomerate LVMH Moët Hennessy Louis Vuitton announced its full-year results for fiscal 2025.
On January 26, U.S. makeup brand Pat McGrath Labs filed for Chapter 11 bankruptcy protection under the U.S. Bankruptcy Code.