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It has been revealed by sources that the Wertheimer family, owners of Chanel, and the Bettencourt family, owners of L’Oréal, have acquired a minority stake in the fashion brand The Row, established by the Olsen sisters.
On September 12, L’Oréal announced the signing of a tripartite partnership with Abolis Biotechnologies, a biotechnology company, and Evonik, a leader in specialty chemicals.
On September 11, Chanel announced that Hollywood actress Margot Robbie had been chosen as the new face of their iconic fragrance, Chanel N°5.
London Fashion Week Spring/Summer 2025 will take place over six days from September 12 to…
On September 10th, the 2024 LVMH Prize ceremony was held at the Louis Vuitton Foundation Amphitheatre in the 16th arrondissement of Paris, where the Swedish brand “HODAKOVA” claimed the prestigious grand prize.
On September 9, a fresh breeze swept through the fashion world. LVMH-owned Givenchy announced the appointment of Sarah Burton as their long-awaited new creative director.
Coach has announced its latest campaign, “Unlock Your Courage,” in conjunction with the launch of its Fall 2024 collection.
On December 9, Vince Holding Corp., the parent company of the U.S. contemporary brand Vince, announced its financial results for the third quarter ended November 1, 2025.
Luxury retail giant Saks Global has filed a lawsuit to block Yumi Shin, former Chief Merchandising Officer of New York’s iconic luxury department store Bergdorf Goodman, from assuming a new role at Nordstrom, one of the company’s direct competitors.
On December 8, L’Oréal Groupe announced that it will increase its stake in Galderma Group AG, the Switzerland-based dermatology specialist, to 20%.
On December 5, Italian luxury menswear house Brioni announced the departure of its design director Norbert Stumpfl, who has led the brand’s creative direction for the past seven years since his appointment in 2018.
On December 2, the Prada Group announced that it has officially completed its acquisition of Versace from U.S.-based Capri Holdings.
On November 27, HUMAN MADE Inc., the company led by Creative Director NIGO®, made its debut on the Tokyo Stock Exchange Growth Market.
On December 11, French luxury house Louis Vuitton announced that it has appointed Chase Infiniti, one of the most promising emerging actresses in the United States, as its newest ambassador.
Luxury retail giant Saks Global has filed a lawsuit to block Yumi Shin, former Chief Merchandising Officer of New York’s iconic luxury department store Bergdorf Goodman, from assuming a new role at Nordstrom, one of the company’s direct competitors.
On December 8, UNCAGED Innovations, a biomaterials company developing sustainable grain-based leather alternatives, announced that Academy Award–winning actor and prominent animal welfare advocate Natalie Portman has joined the company as a strategic partner.
On December 8, California-based luxury fashion retailer FWRD (under REVOLVE Group, Inc.) announced the appointment of Rosie Huntington-Whiteley—internationally renowned model and entrepreneur—as its new Fashion Director.
On December 5, Italian luxury menswear house Brioni announced the departure of its design director Norbert Stumpfl, who has led the brand’s creative direction for the past seven years since his appointment in 2018.
On December 4, it was revealed that Dario Vitale, the creative director of Versace, will leave the brand just a few months after taking on the position.
On December 1, Shopify, one of the world’s largest independent e-commerce platforms, experienced an unexpected system outage on Cyber Monday.
Danish wishlist app GoWish is capturing global attention after reaching No. 1 on the U.S. App Store ahead of the 2025 holiday season.
On October 22, Shop My Shelf, Inc., also known as ShopMy, announced the completion of a $70 million funding round at a valuation of $1.5 billion.
On October 14, The Estée Lauder Companies Inc. announced the opening of its new hub, La Maison des Parfums, on Rue Volney in Paris’s 2nd arrondissement.
On October 14, Ulta Beauty, the largest beauty retailer in the United States, announced the launch of UB Marketplace, a new platform dedicated to beauty and wellness.
On July 25, OpenFashion Inc., a company promoting the fusion of fashion and technology, announced the results of the “TOKYO AI Fashion Week 2025 A/W Contest,” a fashion design competition utilizing generative AI.
On December 3, the Council of Fashion Designers of America (CFDA) announced that it will fully prohibit the use of animal fur at New York Fashion Week (NYFW) beginning September 2026.
