On February 12, LVMH Moët Hennessy Louis Vuitton announced the 20 brands advancing to the semi-finals of the 2025 LVMH Prize, which will take place in Paris on March 5 and 6.
Fashion
On February 11, global brand management company Bluestar Alliance LLC announced the acquisition of luxury streetwear brand Palm Angels.
California-based streetwear brand Stüssy is set to reopen its flagship store in New York.
On February 11, French luxury conglomerate Kering released its Q4 2024 financial results, reporting revenue of $4.5 billion (€4.39 billion), a 12% decline year-over-year.
New York-based fashion brand Area has announced the appointment of Nicholas Aburn as its new creative director, following the departure of Piotrek Panszczyk, the brand’s co-founder and former creative director.
On February 8, Joseph Altuzarra, the creative director of Altuzarra, unveiled the brand’s Fall 2025 collection in an intimate setting in New York.
The Copenhagen International Fashion Fair (CIFF) and the Council of Fashion Designers of America (CFDA) will once again host a sustainable fashion-themed showroom during New York Fashion Week.
On February 7, Juzui, led by Creative Director Taoray Wang, unveiled its 2025 Fall/Winter collection in a runway show during New York Fashion Week.
Veronica Leoni’s vision for the newly revitalized Calvin Klein Collection has finally been unveiled.
On February 6, luxury fashion house Gucci announced the end of its collaboration with Creative Director Sabato De Sarno.