On January 31, Swedish fast fashion company H&M Group appointed Daniel Ervér as its new chief executive officer. Ervér, who was previously the group’s head of brands, takes over from former CEO Helena Helmersson.
Business
Stay updated with the latest global fashion business news and Informative insights.
On January 30, Moschino, under the AEFFE umbrella, announced the appointment of Adrian Appiolaza as its new creative director.
Last December, the news that the South Korean e-commerce giant Coupang had acquired the ailing luxury e-commerce platform Farfetch, rescuing it from the brink of bankruptcy, was still fresh in the minds of many. However, the acquisition plan seems to have hit a snag.
Hilfiger Ventures, co-founded by one of the leading American fashion designers Tommy Hilfiger and Joe Lamastra, released a mobile AI fashion game “FashionVerse,” with global free-to-play game publisher Tilting Point.
On January 25, French luxury conglomerate LVMH announced that it recorded revenue of €86.2 billion in 2023, equating to organic growth of 13% with respect to 2022.
On January 5, it was announced that Frédéric Arnault, chief executive of Swiss sports watch brand TAG Heuer, will become CEO of the LVMH watches.
In this article, following Summary of Memorable News in the Fashion Industry 2023, OSF’s editorial team has carefully selected the most notable news that occurred in the fashion business industry in 2023.
With the fashion industry slowly recovering from the pandemic, 2023 was a year of news in many different fields. What stories have left the most lasting impression on you?
In this article, OSF’s editors have carefully selected the most noteworthy news in the fashion industry in 2023.
On December 23, The Shiseido Americas Corporation, a Shiseido Company subsidiary, announced the acquisition of DDG Skincare Holdings LLC, which owns Dr. Dennis Gross Skincare.
Jacquemus has announced the retirement of its president and CEO, Bastien Daguzan. Daguzan has served as CEO since May 2022 and will officially leave the company on December 23.