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The 2024 ANDAM Fashion Award ceremony took place on June 27 at the Palais Royal Gardens in Paris. This year, Lebanese-born Australian designer Christopher Esber won the Andam Grand Prize.
On June 27, luxury house Lanvin announced the appointment of Peter Copping as artistic director.
A new Hermès address has been added to the Ginza district of Tokyo, where tradition and innovation coexist. On June 26, Hermès opened a new store on the first floor of Ginza Mitsukoshi, Tokyo (4-6-16 Ginza, Chuo-ku, Tokyo).
Matches, a British luxury e-commerce site, has announced that it is closing its site permanently at the end of June after a financial collapse.
On June 25, ThredUp, a U.S. online resale platform, announced the appointment of Noam Paransky, Chief Omni & Innovation Officer of Tapestry, to its Board of Directors.
Virtue Labs, a biotech haircare brand, recently announced that it has signed a distribution agreement with Ulta Beauty, a leading U.S. beauty retailer.
On June 25, California-based online retailer Revolve Group, Inc. announced that it had acquired a majority stake in French luxury couture house Alexandre Vauthier.
On January 12, U.S. apparel giant American Eagle Outfitters announced that it achieved record-high sales during the fourth-quarter 2025 holiday season.
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.
As financial uncertainty deepens at Saks Global, one of the world’s largest multi-brand luxury retail groups, Italian luxury brand Brunello Cucinelli has made clear that it will continue to stand by its department store–focused wholesale strategy, Reuters reports.
On January 8, American fashion brand Tommy Hilfiger announced a new global partnership with English Premier League football club Liverpool Football Club (LFC).
On January 7, U.S. beauty conglomerate Estée Lauder Companies revealed that it has begun reviewing its brand portfolio.
On January 7, the Council of Fashion Designers of America (CFDA) announced two new grant programs aimed at strengthening the foundation of fashion manufacturing in the United States.
The French luxury house Dior has announced the appointment of actor and musician LaKeith Stanfield as a new ambassador for the collections designed by Jonathan Anderson.
On January 8, Fast Retailing announced the appointment of Francesco Risso as the new Creative Director of GU, as part of its strategy to strengthen the brand’s competitiveness in the global market.
On January 7, LVMH announced a leadership reshuffle at its maison Givenchy, appointing Amandine Ohayon as the brand’s new Chief Executive Officer.
On January 7, Louis Vuitton announced the appointment of professional skateboarder Yuto Horigome as the Maison’s newest ambassador.
Fanny Moizant, co-founder and president of the French luxury resale platform Vestiaire Collective, has left the company.
On January 6, Emporio Armani announced the appointment of model and entrepreneur Kendall Jenner as its Global Fragrance Ambassador.
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 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 December 15, luxury fashion brand Rick Owens and its parent company Owenscorp announced that they will no longer use fur in any future collections.
