On May 19, Balenciaga and its parent company Kering officially announced the appointment of Pierpaolo Piccioli as the new Creative Director of Balenciaga.
On May 19, Balenciaga and its parent company Kering officially announced the appointment of Pierpaolo Piccioli as the new Creative Director of Balenciaga.
Soho House, the exclusive members’ club that brings together creative professionals from around the world, is set to open its first Japan location in Minami Aoyama, Tokyo, in early 2026.
On May 14, Loro Piana, the Italian brand renowned for its finest cashmere and wool, announced the winners of the 9th edition of its Knit Design Award 2025.
In the world of high fashion, the phrase “Made in Italy” has long stood as a hallmark of craftsmanship, quality, and above all, trust. But beneath that prestigious label, cracks are beginning to show.
On May 15, U.S. sports retail giant DICK’S Sporting Goods announced that it will acquire Foot Locker, a brand synonymous with sneaker culture.
On May 14, German luxury e-commerce company Mytheresa announced its financial results for the third quarter of fiscal year 2025, ended March 31, revealing solid growth in both sales and profitability.
On May 14, British luxury brand Burberry announced its financial results for the fiscal year ending March 2025, reporting a 17% year-on-year drop in revenue to £2.461 billion and an operating loss of £3 million.
On June 3, Macy’s, Inc. reported its financial results for the first quarter of fiscal 2026, ended May 2, 2026.
On June 3, Spanish fashion retail giant Inditex reported its financial results for the first quarter of fiscal 2026 (February 1–April 30, 2026).
On June 2, Victoria’s Secret & Co. reported its financial results for the first quarter ended May 2, 2026.
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.
On May 28, New York-based designer Allina Liu revealed via Instagram that a significant portion of her Spring/Summer 2026 collection production had been lost during transit, resulting in the cancellation of several planned product releases.
U.S. apparel giant Gap Inc. reported its first-quarter fiscal 2026 results on May 28, posting net sales of $3.497 billion, up 1% year-over-year.
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.
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.
Paris-based diamond jewelry house Messika has announced the appointment of South Korean actor and model Lee Soo Hyuk as its newest Maison Ambassador.
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 27, American fashion brand Diane von Furstenberg (DVF) announced the appointment of New York-based designer Henry Zankov as its new Artistic Director. The role marks the first time in the brand’s 54-year history that the position has been established.
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.
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.
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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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 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.