Global music icon Rihanna’s beauty brand Fenty Beauty, along with its skincare line Fenty Skin, is set to enter the Indian market officially on August 7 (local time).
Business
Stay updated with the latest global fashion business news and Informative insights.
Quince, the U.S.-based brand known for offering high-quality products at accessible prices, has raised $200 million in a new funding round, pushing its valuation past $4.5 billion, according to a report by Bloomberg.
On July 30, Paris- Hermès International released its financial results for the first half of 2025, demonstrating continued strong growth despite increasing global economic uncertainty.
On July 29, French luxury group Kering announced that its net profit for the first half of 2025 fell by 46% year-over-year to €474 million.
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury conglomerate, is reportedly exploring the sale of its fashion brand Marc Jacobs.
On July 24, LVMH Moët Hennessy Louis Vuitton announced its consolidated financial results for the first half of 2025.
On July 22, leading private equity firm TSG Consumer announced it had reached a definitive agreement to acquire the rapidly growing fragrance brand PHLUR.
On July 18, Pop Mart, the company behind Labubu, filed a lawsuit in the U.S. District Court for the Central District of California against 7-Eleven, Inc. and eight of its franchisees in the state, alleging that they sold counterfeit Labubu products.
Shiseido, one of Japan’s leading cosmetics companies, has announced a large-scale workforce reduction at its U.S. subsidiary, Shiseido Americas.
On July 18, British luxury brand Burberry announced its financial results for the first quarter of fiscal year 2026 (April–June 2025), reporting early signs of progress in its brand turnaround strategy.