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On March 21, SKIMS officially announced the acquisition of the majority stake in SKKN by Kim held by Kardashian, as well as the 20% minority stake previously owned by global beauty giant Coty Inc.
On March 20, Austrian crystal brand Swarovski announced its 2024 financial results, reporting annual revenue of €1.906 billion, a 6% increase year-over-year.
On March 18, Swiss luxury watchmaker Ulysse Nardin officially opened its first U.S. flagship boutique at The Villa Menlo Park, a high-end retail and cultural destination in Silicon Valley.
The prestigious French department store Printemps is set to make a grand entrance into the U.S. market with the highly anticipated opening of its first American flagship store on March 21, 2025 in the heart of Wall Street, New York.
Italian luxury footwear and accessories brand Santoni has opened a new flagship boutique at 667 Madison Avenue in New York City.
On March 16, the U.S. operating entity of the fast-fashion brand Forever 21 filed for Chapter 11 bankruptcy.
On March 17, Jonathan Anderson announced his departure as the creative director of Loewe after an 11-year tenure.
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 March 31, the British Fashion Council (BFC) announced its new strategy, “BFC 2030: Access, Creativity, Growth.”
On March 30, the luxury group Kering announced the first cohort of 10 fellows for its newly launched program, “Kering CRAFT (Creative Residency for Artisanship, Fashion and Technology),” developed in partnership with Shanghai Fashion Week.
On March 26, German consumer goods company Henkel (Henkel AG & Co. KGaA) announced that it has entered into a definitive agreement to acquire OLAPLEX, a science-led premium hair care brand.
On March 24, prestige beauty retailer Sephora announced the launch of its app on ChatGPT.
On March 24, global private equity firm Advent International announced that it has signed a definitive agreement to acquire a majority stake in Los Angeles-based premium body care brand Salt & Stone. Financial terms of the transaction were not disclosed.
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.
The ANDAM Fashion Awards, one of France’s leading initiatives supporting emerging designers, has announced its jury line-up for 2026, welcoming Burç Akyol, Jeanne Cadieu, and Lyas as new members.
On March 30, the French maison Courrèges announced the appointment of Drew Henry as its artistic director.
On March 30, American global lifestyle brand Tommy Hilfiger announced that it has appointed Travis Kelce—one of the most prominent figures in both professional football and pop culture—as its Global Brand Ambassador and Creative Collaborator.
On March 27, American fashion brand GUESS announced the second chapter of its Spring/Summer 2026 global campaign featuring Stray Kids’ Hyunjin, who serves as the brand’s global ambassador.
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.
