California-based beauty brand e.l.f. Beauty, Inc. announced on May 22 that its annual sales have surpassed $1.02 billion, up 77% from the previous year.
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The long-awaited Paris store of Dover Street Market by Rei Kawakubo and Adrian Joffe will open on May 24.
French luxury brand Chanel reported a 16% increase in sales to $19.7 billion in 2023 on a comparable basis, surging to a record high for the privately owned luxury house.
Max Mara has announced that the Resort Show 2025 will be held on Tuesday, June 11, 2024, at the Palazzo Ducale in Venice.
Dior has recently appointed actress and model Charlize Theron as an ambassador for the house’s skincare and jewelry lines.
Bruce Nordstrom, former chairman of Nordstrom Inc., one of the leading luxury department stores in the U.S., and a 40-year manager, has passed away at the age of 90.
On May 19, designer Mara Hoffman announced that her eponymous brand, which has existed for 24 years, will end with the Spring 2024 collection.
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On January 12, U.S. apparel giant American Eagle Outfitters announced that it achieved record-high sales during the fourth-quarter 2025 holiday season.
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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.
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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.
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Tommy Hilfiger Enters World Football with Its First-Ever Official Club Partnership with Liverpool FC
On January 8, American fashion brand Tommy Hilfiger announced a new global partnership with English Premier League football club Liverpool Football Club (LFC).
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On January 7, U.S. beauty conglomerate Estée Lauder Companies revealed that it has begun reviewing its brand portfolio.
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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.
On January 9, Rome-born high jewelry maison Bvlgari announced the appointment of actor and artist Kento Nakajima as its new ambassador.
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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.
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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.
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On January 7, LVMH announced a leadership reshuffle at its maison Givenchy, appointing Amandine Ohayon as the brand’s new Chief Executive Officer.
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On January 7, Louis Vuitton announced the appointment of professional skateboarder Yuto Horigome as the Maison’s newest ambassador.
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Fanny Moizant, co-founder and president of the French luxury resale platform Vestiaire Collective, has left the company.
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.
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On December 1, Shopify, one of the world’s largest independent e-commerce platforms, experienced an unexpected system outage on Cyber Monday.
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Danish wishlist app GoWish is capturing global attention after reaching No. 1 on the U.S. App Store ahead of the 2025 holiday season.
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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.
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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.
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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.
