On December 18, French luxury group Kering announced that it has signed an agreement to acquire Raselli Franco Group, a family-owned Italian jewelry manufacturer, through a staged transaction.
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On December 18, French luxury conglomerate LVMH Moët Hennessy Louis Vuitton announced the appointment of Laura Burdese as Chief Executive Officer of its Italian high jewelry Maison Bvlgari.
December 17, Luxury e-commerce retailer Matches, which ceased operations following insolvency, is set to return under new ownership.
December 16, U.S.-based skincare brand YSE Beauty has announced that it has raised $15 million in a Series A funding round.
French luxury maison Dior has opened a new flagship destination, House of Dior Beijing, in the heart of Sanlitun, one of Beijing’s most dynamic cultural and commercial districts.
On December 16, Swedish next-generation cellulose material company Circulose announced the expansion of its partnerships with global fashion brands as it accelerates the large-scale rollout of CIRCULOSE®.
On December 16, French luxury group Kering announced that it has sold a 60% stake in a property it owns on New York’s Fifth Avenue and will transition to a joint venture structure with investment firm Ardian.
On December 15, luxury fashion brand Rick Owens and its parent company Owenscorp announced that they will no longer use fur in any future collections.
On December 10, American global lifestyle brand Tommy Hilfiger announced the appointment of Formula 1® driver Sergio Perez as its new Global Menswear Ambassador.
Asian beauty–focused retailer SUKOSHI has unveiled an ambitious expansion plan for the U.S. market, aiming to operate more than 40 stores nationwide by the end of 2026.
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