LVMH Métiers d’Art announced that it has entered into a partnership with Hosoo, the historic manufacturer of silk fabrics for kimonos in Kyoto, Japan. This announcement follows the conclusion with Okayama-based denim fabric manufacturer Kuroki in April 2023.
Business
Stay updated with the latest global fashion business news and Informative insights.
Boucheron, a well-established Parisian jeweler, has made a strategic acquisition of High Jewelry workshop, renowned for its excellent expertise in traditional craftsmanship, located near Place Vendôme in Paris.
In a time when generative AI is rapidly changing the fashion industry, fashion e-commerce site Revolve has taken a bold step forward. The company has collaborated with AI studio Maison Meta and has begun carrying apparel produced by generative AI.
Italian fashion house Blumarine has announced the appointment of Walter Chiapponi as creative director. Chiapponi’s first collection for Blumarine will be presented for the first time at Milan Fashion Week in February 2024.
On October 30, designer Phoebe Philo’s eponymous brand PHOEBE PHILO released its long-awaited first collection.
On October 24, Kylie Jenner revealed her new fashion brand Khy on her Instagram. Jenner posted an image on Instagram of herself sitting on a carpet floor wearing a black leather jacket.
On October 24, luxury fashion house Hermes announced its third quarter sales. The company posted solid growth of 15.6% year-on-year, with only a slight slowdown in the pace of growth.
On October 3, Kering and Alexander McQueen announced the appointment of Seán McGirr as Maison’s new creative director.
On September 7, Artémis, the holding company of French billionaire and businessman François Pinault, agreed to purchase a majority stake in Creative Artists Agency, a major Hollywood talent agency, from private equity firm TPG.
During this New York Fashion Week, more brands than ever before will hold events and pop-ups simultaneously. Most of the events are open to the public, and admission is free, allowing visitors to experience the world of the brands and their new collections firsthand.