On July 14, Loro Piana, the high-end cashmere brand, was placed under court-appointed administration for one year by a Milan court due to allegations of labor exploitation within its supply chain.
SETCHU, the brand founded by 2023 LVMH Prize winner Satoshi Kuwata, is set to unveil its first fragrance line, titled SETCHU Perfume.
French beauty giant L’Oréal has officially denied recent media reports claiming it will shut down its Hong Kong office and lay off over 200 employees, calling the information “inaccurate.”
OTB Group, the global fashion and luxury conglomerate behind brands such as Diesel, Maison Margiela, Jil Sander, and Marni, has released its 2024 Sustainability Report.
Luxury footwear brand Amina Muaddi has officially opened her first standalone boutique on Avenue Montaigne in Paris.
Jeff Bezos, the founder of Amazon and one of the world’s wealthiest individuals, is once again at the center of media buzz.
On July 10, artist Justin Bieber officially unveiled Skylrk, a new fashion brand he had been quietly developing.
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Saks Global has announced that it will close the downtown Dallas flagship store of U.S. luxury department store Neiman Marcus on September 30, 2026.
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Italian fashion and luxury group OTB announced on June 4 that it has completed the acquisition of 100% of avant-garde Haute Couture house Viktor&Rolf, bringing the brand fully under its ownership.
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On June 3, Macy’s, Inc. reported its financial results for the first quarter of fiscal 2026, ended May 2, 2026.
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On June 3, Spanish fashion retail giant Inditex reported its financial results for the first quarter of fiscal 2026 (February 1–April 30, 2026).
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On June 2, Victoria’s Secret & Co. reported its financial results for the first quarter ended May 2, 2026.
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On June 1, Waldencast announced that it has entered into a definitive agreement to sell its dermatological skincare and aesthetics business, Obagi Medical, to private investment firm Bridgepoint.
Korean skincare brand Anua has announced Kendall Jenner as its first-ever global brand ambassador. Alongside the appointment, the brand is launching a global campaign centered on its PDRN Collagen Glow Facial Serum Spray.
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The Council of Fashion Designers of America (CFDA) announced the 10 finalists for the 2026 CFDA/Vogue Fashion Fund on June 2.
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On June 1, Kering announced the appointment of Gianfranco D’Attis as Chief Executive Officer of Alexander McQueen. Effective June 3, 2026, D’Attis will report directly to Kering CEO Luca de Meo and will be based in London.
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On June 1, the Council of Fashion Designers of America (CFDA) announced the appointment of Allison Sarofim as the new Chair of Friends of the CFDA.
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Paris-based diamond jewelry house Messika has announced the appointment of South Korean actor and model Lee Soo Hyuk as its newest Maison Ambassador.
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Italian luxury menswear house ZEGNA has announced the appointment of French football star Ousmane Dembélé, forward for Paris Saint-Germain and the French national team, as its new Global Brand Ambassador.
On May 13, the Council of Fashion Designers of America (CFDA) announced the launch of “Innovation Hub,” a new initiative developed in partnership with OpenAI to support AI adoption across the fashion industry.
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L’Oréal Luxe, the luxury division of L’Oréal Groupe, announced on May 12 an exclusive partnership with DATALAND, a new AI-focused art museum set to open in Los Angeles this summer.
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On March 17, French beauty company L’Oréal announced the expansion of its AI partnership with U.S.-based semiconductor leader NVIDIA. The initiative aims to fundamentally redefine beauty and skincare development through AI-driven computational chemistry.
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Can AI truly eliminate fit uncertainty in fashion e-commerce? CATCHES’ RealFit suggests a future where digital shopping is no longer defined by guesswork, but by precision.
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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.
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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 March 26, Swedish fashion company H&M Group announced its Annual and Sustainability Report for 2025.
