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On May 13, Bloomberg reported that De Beers, the world’s leading luxury diamond supplier, has been secretly selling rough diamonds to a limited group of clients at a 10–20% discount.
On May 13, Chanel announced that it will restage its Cruise 2026 collection in Singapore on November 4, 2025.
Luxury luggage brand RIMOWA has opened a new flagship boutique at 125 New Bond Street, one of London’s most prestigious shopping destinations.
On May 12, U.S. consumer goods giant Church & Dwight announced it had signed a definitive agreement to acquire Touchland, a rapidly growing brand in the hand sanitizer market.
On May 12, Maison Margiela revealed through an exclusive report by WWD that Glenn Martens will present his first collection for the house during the Fall 2025 Haute Couture Week.
On May 12, the United States and China reached an agreement during a ministerial-level meeting held in Geneva, Switzerland, to temporarily suspend the retaliatory tariffs imposed on each other for a period of 90 days.
On May 6, 2025, luxury group Kering announced new leadership appointments at two of its heritage houses.
The beauty industry giant The Estée Lauder Companies has stepped into a new phase of transformation.
The Chanel Fall/Winter 2026 collection, presented at Paris Fashion Week in March 2026, marks Matthieu Blazy’s second ready-to-wear offering since taking the helm as Creative Director roughly one year ago. The reason…
Shares of French luxury group LVMH Moët Hennessy Louis Vuitton (hereafter, LVMH) fell 28% in the first quarter of 2026, marking the company’s worst start to a year since going public.
On March 27, Pitti Immagine Uomo 110, set to take place in Florence, Italy, from June 16 to 19, announced that it has selected Copenhagen-based menswear label Sunflower as one of its guest designers.
On March 31, L’Oréal announced the completion of its acquisition of Kering Beauté as part of its strategic alliance with Kering.
On March 30, sustainable footwear brand Allbirds announced that it has entered into a definitive asset purchase agreement with American Exchange Group (hereafter AXNY), a company specializing in accessories design, licensing, and manufacturing.
On April 6, Paris-based diamond jewelry maison Messika announced the appointment of actress Kiko Mizuhara as its new maison ambassador.
Pitti Immagine Uomo 110, taking place in Florence, Italy from June 16 to 19, has announced that Korean designer Jiyong Kim will join its special events program as a featured guest designer.
On April 3, South Korean fashion creative brand ADERERROR announced actor Byeon Wooseok as its first-ever official ambassador.
On April 2, U.S. beauty brand Almay announced a brand relaunch, marking a new chapter rooted in its long-standing commitment to gentle, skin-friendly makeup.
Mark Thomas will exit Carven after approximately one year as design director, the Paris-based house announced on April 2. His departure will take effect at the end of this month as he moves on to pursue new opportunities.
On March 30, American brand Calvin Klein announced its Spring 2026 denim campaign in Asia, starring Thai actor Ling Ling Kwong.
On February 9, the Council of Fashion Designers of America (CFDA) announced the launch of the CFDA & OpenAI Innovation Hub, a new initiative established in partnership with OpenAI.
On February 4, Osmo, a digital fragrance design company, announced that it has completed a $70 million Series B funding round.
On January 27, Phia, an AI shopping agent co-founded by Phoebe Gates, the daughter of Bill Gates, announced that it has raised $35 million in a Series A round, valuing the company at $185 million.
The world’s largest retail industry conference, NRF Retail’s Big Show 2026, has opened in New York. On the first day, the world’s largest luxury group, LVMH, took the stage under the theme “The Fusion of Craft and Intelligence,” presenting its vision for luxury in the age of AI—not as a set of tactics, but as a guiding philosophy.
On December 10, Shopify, one of the world’s largest independent e-commerce platforms, announced the launch of Shopify Agentic Storefronts, a new solution designed to enable next-generation shopping experiences on AI platforms.
On December 11, SuperCircle announced that it has raised $24 million in Series A funding, led by Foundry, with participation from BBG Ventures, Renewal Fund, and Elemental Impact.
On March 17, San Francisco-based startup Rubi announced that it has raised $7.5 million in funding and secured multi-year offtake agreements worth over $60 million with leading fashion brands and manufacturers.
