On May 16, Hugo Boss announced a multi-year global design collaboration with David Beckham for its BOSS brand.
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On May 9, Tapestry, Inc., an American conglomerate that owns brands such as Coach and Kate Spade New York, lowered its annual sales forecast due to weak sales.
Frasers Group, led by Mike Ashley, has acquired the popular British fashion brand Ted Baker and is looking to steer it as a new partner.
On May 7, Coty, the beauty conglomerate creating luxury brand fragrances, announced a new licensing agreement with Lena Gercke, a well-known German TV host, model, and entrepreneur.
On May 7, Swiss luxury jewelry giant Richemont announced that it acquired 100% of Vhernier S.p.A. (“Vhernier”), the distinctive Italian jewelry Maison, in a private transaction.
The 2024 MET GALA will be held in front of the Metropolitan Museum of Art in New York City on May 6 at 6 p.m. (local time) with great fanfare.
Jacquemus, the southern French fashion house, recently unveiled its new headquarters office in the 8th arrondissement of Paris.
On April 25, the Hermès Group reported consolidated sales of €3,805 million for the first quarter of 2024.
On April 23, Kering, one of France’s giant luxury conglomerates, announced that it expects a 40%-45% decline in operating income for the first half of the year, following a drop in first-quarter sales for its flagship Gucci brand.
On April 23, it was announced that former Gucci CEO Marco Bizzarri has joined the board of directors of sneaker brand Golden Goose.