On November 4, the Aeffe Group’s Alberta Ferretti brand announced the appointment of Alexandra Lamprecht as its first-ever general manager.
Fashion
On November 4, renowned haute couture fashion house Elie Saab announced the appointment of Greek-Austrian luxury handbag designer Marina Raphael as Artistic & Design Director for its handbag division.
Swedish eyewear brand CHIMI has recently opened its first U.S. flagship store in New York’s SoHo district.
On November 1, it was announced that Rohit Bal, one of India’s most iconic fashion designers, passed away at 63.
On October 30, Hermès opened a new boutique in Atlanta, Georgia.
Italian luxury brand Valentino has entered a new partnership with Dover Street Market (DSM), founded by Rei Kawakubo and Adrian Joffe, to mark the release of Alessandro Michele’s first cruise collection, “Avant Les Débuts.”
On October 30, 2024, Prada Group, based in Milan, announced it had achieved a remarkable 18% year-over-year increase in net revenue for the nine months ending September 30, defying the prevailing downturn in the luxury market.
On October 28, the 2024 CFDA Fashion Awards, presented by Amazon Fashion, took place at the American Museum of Natural History.
CLO Virtual Fashion Inc., a leader in the fashion technology industry, has launched its new dedicated learning platform, “CLO Academy,” specifically designed for digital fashion design.
The American luxury brand industry was shaken on October 24 as the U.S. District Court for the Southern District of New York halted Tapestry, Inc.’s ambitious $8.5 billion acquisition of Capri Holdings Limited.