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On May 15, VICE Media filed for Chapter 11 bankruptcy protection and announced its bankruptcy. According to documents filed with the court by the company, the total debt is reportedly estimated at up to $1 billion.
“Should we fear AI?”
People often debate this question about “generative AI,” which is evolving at a breakneck pace every day.
The dates for each brand’s Cruise 2024 Collection have been officially announced.
CHANEL will hold its Cruise 2024 Collection show on May 9 in Los Angeles, California, U.S. GUCCI is scheduled to present its Cruise 2024 Collection on May 16 at Gyeongbok Palace in Seoul, Korea.
The Taipei Fashion Week held in March 2023 saw a different approach to each brand’s work and theme, from the unparalleled savoir-faire of traditional crafts inherited in Taiwan to real and virtual fusion collections that introduced cutting-edge digital technology, as well as contributions to sustainability with consideration for the natural environment.
On May 1, MET GALA 2023, the biggest celebration of the fashion world was held at the Metropolitan Museum of Art in New York City. Below is a roundup of the red-carpet outfits of the celebrities who attended the MET GALA 2023.
On April 27, a reopening party was held at the Tiffany & Co. flagship store on Fifth Avenue in New York, which has been newly reborn as “The Landmark.
On June 9, OTB Group—the international fashion and luxury conglomerate behind innovative brands such as Maison Margiela, Jil Sander, Diesel, and Marni—officially announced its full-scale entry into the Mexican market.
On June 16, the Coach Foundation—the philanthropic division of the American luxury brand Coach—announced an additional $20 million investment to expand its flagship scholarship program, Dream It Real, which aims to award 10,000 scholarships by 2030.
Louis Vuitton, the French luxury maison, has officially signed a partnership agreement with Real Madrid, one of Spain’s most prestigious sports clubs.
On June 16, U.S. luxury department store Nordstrom announced the opening of its first service-based store in Brooklyn, New York—Nordstrom Local Williamsburg.
On June 16, French luxury group Kering announced the appointment of Luca de Meo as its new Chief Executive Officer.
On June 12, Chanel announced the appointment of Ruth Warder as its first-ever Global Chief Communications Officer.
Acne Studios, the Swedish brand known for its fluid aesthetic bridging art and fashion, is opening its first permanent gallery space in Paris: Acne Paper Palais Royal.
On June 16, U.S. luxury department store Nordstrom announced the opening of its first service-based store in Brooklyn, New York—Nordstrom Local Williamsburg.
On June 10, luxury resale platform Rebag announced a new partnership with Amazon’s Luxury Stores, making approximately 30,000 pre-owned luxury items available for purchase through the e-commerce giant.
On June 12, Yahoo unveiled a new AI-powered feature called “Catch Up” for its official mobile app (iOS/Android), designed to revolutionize the user experience of managing email inboxes.
Madhappy, the lifestyle brand centered around mental health, has officially opened its first flagship store on the East Coast.
French luxury maison Hermès has officially launched its first personal audio product.
France is moving toward stricter regulations on ultra-fast fashion—a business model centered on low-cost, mass-produced clothing.
