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On September 26th, LVMH announced that it had acquired a 10% stake in “Double R,” an investment vehicle managed by Ruffini. Double R currently holds approximately 15.8% of Moncler’s shares.
On September 26th, Wacoal Holdings Corporation announced that its UK subsidiary, Wacoal Europe Limited, has decided to acquire all issued shares of Bravissimo Group Limited.
French biotech skincare brand, Orveda, has expanded into the U.S. market by opening its first flagship store, “La Maison Orveda New York,” in Manhattan’s Upper East Side in September 2024.
On September 24, Estée Lauder announced the launch of its first “Beautiful Forces Grants” as part of its initiative to support women’s leadership.
On September 23, Jean Paul Gaultier announced that designer Ludovic de Saint Sernin would be the next guest couturier for the upcoming haute couture show.
On September 19, the Nike Board of Directors announced that Elliott Hill would assume the position of President and Chief Executive Officer on October 14, 2024.
According to Reuters, major consumer goods companies such as Unilever and Procter & Gamble (P&G) are facing the threat of tariffs on Mexico under the incoming administration of U.S. President-elect Donald Trump.
On October 8, luxury conglomerate Richemont announced its H1 earnings, revealing stable sales but declining profit.
LVMH Moët Hennessy Louis Vuitton’s investment arm, LVMH Luxury Ventures, has acquired a minority stake in the Swedish menswear brand Our Legacy.
On November 7, Ralph Lauren Corporation announced that its second-quarter revenue for FY2025 grew by 6% year-over-year, surpassing expectations.
Aritzia, a fashion retailer based in Canada, is experiencing rapid growth in the U.S. market.
Joshua Schulman, the new CEO of Burberry, faces a daunting task in reviving this traditional British luxury brand.
On November 8, StockX, the rapidly growing online marketplace based in Detroit, announced a leadership transition.
Anna Wintour, the editor-in-chief of U.S. Vogue, has made headlines by appointing designer Marc Jacobs as the guest editor for the magazine’s December issue.
On November 4, the Aeffe Group’s Alberta Ferretti brand announced the appointment of Alexandra Lamprecht as its first-ever general manager.
On November 4, renowned haute couture fashion house Elie Saab announced the appointment of Greek-Austrian luxury handbag designer Marina Raphael as Artistic & Design Director for its handbag division.
On November 1, it was announced that Rohit Bal, one of India’s most iconic fashion designers, passed away at 63.
On October 28, the 2024 CFDA Fashion Awards, presented by Amazon Fashion, took place at the American Museum of Natural History.
On October 31, Amazon (NASDAQ: AMZN) announced its financial results for the third quarter ending September 30, 2024.
Swedish eyewear brand CHIMI has recently opened its first U.S. flagship store in New York’s SoHo district.
On October 30, Hermès opened a new boutique in Atlanta, Georgia.
Italian luxury brand Valentino has entered a new partnership with Dover Street Market (DSM), founded by Rei Kawakubo and Adrian Joffe, to mark the release of Alessandro Michele’s first cruise collection, “Avant Les Débuts.”
Under the leadership of Daniel Roseberry, Schiaparelli has launched its first-ever retail exhibition in Asia, “Through the Keyhole,” at the Plaza 66 mall in Shanghai, starting on October 18, 2024.
On October 18th, the luxury brand from southern France, Jacquemus, opened its first U.S. standalone store in New York’s SoHo district.
On July 9, Inditex, the parent company of ZARA, announced…
