On September 30, LVMH announced the sale of Off-White to Bluestar Alliance LLC, a New York-based brand management company.
Fashion
Fast fashion brand Zara has announced that it will launch its secondhand clothing service, “Zara Pre-Owned,” in the U.S. starting in October 2024.
Swedish fashion brand Axel Arigato has celebrated the grand opening of its highly anticipated first U.S. flagship store in New York City’s SoHo district.
On September 26th, LVMH announced that it had acquired a 10% stake in “Double R,” an investment vehicle managed by Ruffini. Double R currently holds approximately 15.8% of Moncler’s shares.
On September 26th, Wacoal Holdings Corporation announced that its UK subsidiary, Wacoal Europe Limited, has decided to acquire all issued shares of Bravissimo Group Limited.
On September 23, Jean Paul Gaultier announced that designer Ludovic de Saint Sernin would be the next guest couturier for the upcoming haute couture show.
On September 19, the Nike Board of Directors announced that Elliott Hill would assume the position of President and Chief Executive Officer on October 14, 2024.
On September 19, GU, a fashion brand under the umbrella of Fast Retailing Co., Ltd., opened its first overseas flagship store in New York’s SoHo.
The Paris Fashion Week Spring/Summer 2025 will be held over nine days from September 23 to October 1, 2024, in Paris local time.
On September 19, the British Fashion Council (BFC) announced that Caroline Rush will step down as CEO in June 2025, after 16 years of leadership.