On June 16, French luxury group Kering announced the appointment of Luca de Meo as its new Chief Executive Officer.
Business
Stay updated with the latest global fashion business news and Informative insights.
On June 12, Chanel announced the appointment of Ruth Warder as its first-ever Global Chief Communications Officer.
On June 10, luxury resale platform Rebag announced a new partnership with Amazon’s Luxury Stores, making approximately 30,000 pre-owned luxury items available for purchase through the e-commerce giant.
On June 10, global marketing and communications group The Independents, known for its work with leaders in the luxury and lifestyle industries, announced the acquisition of WE ARE ONA, a culinary studio and food production agency.
On June 11, L’Oréal Groupe announced a strategic partnership with U.S.-based AI chipmaker NVIDIA to accelerate the use of AI in the beauty industry.
On June 10, Kering Eyewear, a subsidiary of the Kering Group, announced its acquisition of the Italian lens manufacturer Lenti.
France is moving toward stricter regulations on ultra-fast fashion—a business model centered on low-cost, mass-produced clothing.
On June 9, French luxury maison Chanel announced the launch of “NEVOLD,” a new independent organization dedicated to promoting circularity within the fashion and luxury sectors.
On June 9, L’Oréal Group announced it has signed an agreement to acquire a majority stake in the British premium skincare brand Medik8.
On June 5, 2025, Italian luxury house Prada Group announced a strategic equity investment in Rino Mastrotto, a major player in the leather tanning industry.









