Quince, the U.S.-based brand known for offering high-quality products at accessible prices, has raised $200 million in a new funding round, pushing its valuation past $4.5 billion, according to a report by Bloomberg.
On July 31 (Milan), it was announced that Serge Brunschwig, who was appointed CEO of Jil Sander and Chief Strategy Officer of its parent company OTB Group in February 2025, will step down from both roles after just six months.
Kim Kardashian’s shapewear brand, SKIMS, has unveiled its first-ever face-shaping product, The Ultimate Face.
On July 30, Lyst, one of the world’s largest fashion search platforms, released the Lyst Index for the second quarter of 2025.
On July 30, Paris- Hermès International released its financial results for the first half of 2025, demonstrating continued strong growth despite increasing global economic uncertainty.
On July 29, Victoria’s Secret officially announced that its long-awaited fashion show will return in 2025.
Selena Gomez’s beauty brand Rare Beauty has officially unveiled its first-ever fine fragrance: Rare Eau de Parfum.
Latest Posts
Editor’s Pick: Early Summer Wardrobe Essentials
On July 13, it was reported that the Estée Lauder Companies had decided to retain Too Faced, Smashbox, and Dr.Jart+ rather than sell the three brands.
-
Phia, the AI-powered shopping platform co-founded by Bill Gates’ daughter Phoebe Gates and Sophia Kianni, is facing allegations that it improperly attributed online purchases to itself.
-
On July 13, Kyoto-based textile company HOSOO announced that its group companies had earned B Corporation certification.
-
French group L’Oréal, the world’s largest cosmetics company, and French luxury group Kering have signed a 50-year exclusive global licence for the fragrances and beauty products of GUCCI.
-
L’Oréal Agrees to Acquire a Majority Stake in Innovist, a Digital-First Indian Personal Care Company
L’Oréal, the world’s leading beauty group, announced on June 18 that it has signed an agreement to acquire a majority stake in Innovist, a leading house of personal care brands in India.
-
On July 2, French luxury house Chanel announced its acquisition of Charvet, the heritage shirtmaker founded in 1838.
On July 15, French luxury group Kering announced the appointment of Romain Spitzer as Chief Executive Officer of its fashion house Bottega Veneta, effective September 1, 2026.
-
On July 13, U.S. department store Nordstrom announced the appointment of fashion journalist and editor Brooke Bobb as vice president and fashion director.
-
On July 14, the French fashion and fragrance house Rabanne announced the appointment of Olivier Rousteing as its new Creative Director.
-
On July 9, J.Crew Group, the owner of the American fashion brand J.Crew, announced the appointment of Kathleen Van Nest Pierce as President of the J.Crew brand, effective August 4, 2026.
-
American global lifestyle brand Tommy Hilfiger has named Zhou Guanyu — China’s first-ever Formula 1® driver and reserve driver for the Cadillac Formula 1® Team — as its newest global brand ambassador.
-
On July 7, Swiss fine watchmaking manufacture Jaeger-LeCoultre has announced the internationally acclaimed artist and actress IU as its new global ambassador.
Italian luxury maison BVLGARI unveiled its connected ecosystem for jewelry and watches at VivaTech 2026, Europe’s leading technology and startup event held in Paris, France.
-
U.S.-based technology company Snap Inc. unveiled its new augmented reality (AR) glasses, SPECS, at Augmented World Expo 2026 (AWE 2026) in Paris on June 16.
-
French beauty giant L’Oréal announced a strategic collaboration with OpenAI, the company behind ChatGPT, on June 17 during VivaTech 2026 in Paris.
-
Italian luxury house Prada and commercial space company Axiom Space have unveiled the Liquid Cooling and Ventilation Garment (LCVG), the latest milestone in their collaboration on next-generation spacesuit technology for NASA’s Artemis program.
-
On May 29, AI-powered shopping app Phia announced that it has secured $35.5 million in Series A funding.
-
U.S. tech giant Google has unveiled a new shopping feature that could fundamentally transform the structure of online commerce: “Universal Cart.”
France has passed a new law aimed at regulating ultra-fast fashion, marking a significant step in the country’s efforts to reduce the environmental impact of the fashion industry. The legislation primarily targets online platforms built on high-volume, low-cost business models, including Shein, Temu, and AliExpress.
