On May 13, Bloomberg reported that De Beers, the world’s leading luxury diamond supplier, has been secretly selling rough diamonds to a limited group of clients at a 10–20% discount.
On May 13, Bloomberg reported that De Beers, the world’s leading luxury diamond supplier, has been secretly selling rough diamonds to a limited group of clients at a 10–20% discount.
On May 13, Chanel announced that it will restage its Cruise 2026 collection in Singapore on November 4, 2025.
Luxury luggage brand RIMOWA has opened a new flagship boutique at 125 New Bond Street, one of London’s most prestigious shopping destinations.
On May 12, U.S. consumer goods giant Church & Dwight announced it had signed a definitive agreement to acquire Touchland, a rapidly growing brand in the hand sanitizer market.
On May 12, Maison Margiela revealed through an exclusive report by WWD that Glenn Martens will present his first collection for the house during the Fall 2025 Haute Couture Week.
On May 12, the United States and China reached an agreement during a ministerial-level meeting held in Geneva, Switzerland, to temporarily suspend the retaliatory tariffs imposed on each other for a period of 90 days.
On May 6, 2025, luxury group Kering announced new leadership appointments at two of its heritage houses.
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.