On August 20, Estée Lauder Companies announced its financial results for fiscal year 2025 (July 2024 – June 2025).
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On August 14, New York-based global company Tapestry, Inc. announced its fiscal 2025 fourth quarter and full-year results, reporting record annual revenue of $7 billion, fueled by robust growth at its flagship brand Coach.
Swiss luxury watchmaker Audemars Piguet acquired a majority stake in Inhotec SA in August to preserve and strengthen the Swiss watchmaking ecosystem and secure its industrial independence.
Shiseido is implementing a large-scale restructuring in an effort to turn around its US operations.
On August 13, Canadian apparel giant Gildan Activewear Inc. announced that it has agreed to acquire U.S. innerwear and underwear major HanesBrands Inc. for $2.2 billion in cash and stock.
UK cosmetics brand Revolution Beauty has rejected a takeover proposal from UK-based private equity firm…
On August 5, approximately 1,000 employees of Gucci, the luxury brand under French conglomerate Kering, declared a state of unrest in Italy, signaling the potential for a strike.
On August 6, U.S.-based beauty company e.l.f. Beauty announced its financial results for the first quarter of fiscal year 2026, ending June 30, 2025.
On August 5, German fashion brand Hugo Boss announced its financial results for the second quarter of 2025.
On August 4, Chinese ultra-fast fashion giant Shein was fined €1 million by Italian authorities over misleading environmental claims—commonly referred to as greenwashing.