On October 13, the major shareholder of the British luxury brand Mulberry, operated by the Mulberry Group, issued a statement declaring that it has no intention of selling its shares in response to Frasers Group’s takeover proposal.
Fashion
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Louis Vuitton has recently opened a new store and café, “Le Café Cyril Lignac,” at London’s Heathrow Airport Terminal 2.
On October 10, AMTD IDEA Group, based in Hong Kong, announced that the renowned French fashion magazine L’Officiel has made its full-scale entry into the Japanese market with the launch of L’Officiel Japan.
Viktor & Rolf Mariage unveiled its Fall/Winter 2025 collection, a fusion of modern elegance and avant-garde design.
Kim Jones, who has established a unique position in the fashion world, has announced his departure from Fendi after four years of collaboration to focus solely on his role as the menswear designer at Dior.
On October 10th, Bloomberg reported that Lazada, a subsidiary of Alibaba Group, is partnering with top European fashion brands to achieve $100 billion in e-commerce volume by 2030.
On October 9th, the Metropolitan Museum of Art announced the theme for the Costume Institute’s 2025 spring exhibition and the Met Gala: “Superfine: Tailoring Black Style.”
Swedish fast fashion brand H&M is set to open a new pop-up store in New York City’s Nolita district
The Council of Fashion Designers of America (CFDA) has announced a new partnership with Google to launch the Fashion Equity Fellowship, a grant program designed to provide leading-edge technology resources and knowledge directly to designers and their brands.
On October 8, the French luxury group Kering announced that Stefano Cantino would be appointed CEO of Gucci, effective January 1, 2025.