On May 19, Balenciaga and its parent company Kering officially announced the appointment of Pierpaolo Piccioli as the new Creative Director of Balenciaga.
Soho House, the exclusive members’ club that brings together creative professionals from around the world, is set to open its first Japan location in Minami Aoyama, Tokyo, in early 2026.
On May 14, Loro Piana, the Italian brand renowned for its finest cashmere and wool, announced the winners of the 9th edition of its Knit Design Award 2025.
In the world of high fashion, the phrase “Made in Italy” has long stood as a hallmark of craftsmanship, quality, and above all, trust. But beneath that prestigious label, cracks are beginning to show.
On May 15, U.S. sports retail giant DICK’S Sporting Goods announced that it will acquire Foot Locker, a brand synonymous with sneaker culture.
On May 14, German luxury e-commerce company Mytheresa announced its financial results for the third quarter of fiscal year 2025, ended March 31, revealing solid growth in both sales and profitability.
On May 14, British luxury brand Burberry announced its financial results for the fiscal year ending March 2025, reporting a 17% year-on-year drop in revenue to £2.461 billion and an operating loss of £3 million.
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On June 16, Vince Holding Corp., the company behind the American fashion brand Vince, reported its financial results for the first quarter of fiscal 2026, which ended on May 2, 2026. Net sales increased 10.5% year-over-year to $64.0 million, reflecting growth across both the brand’s direct-to-consumer (DTC) and wholesale businesses.
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HUMAN MADE Inc., the company behind HUMAN MADE, announced on June 15 that it has signed a basic agreement to acquire all shares of Undercover Co., Ltd., the company operating UNDERCOVER.
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On June 11, British retail giant Frasers Group Plc announced an offer to acquire the remaining outstanding shares of German fashion brand Hugo Boss AG for approximately €2 billion.
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Online personal styling service Stitch Fix announced its financial results for the third quarter of fiscal 2026, ended May 2, 2026, on June 10.
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On June 9, global brand platform Authentic Brands Group (ABG) announced a strategic partnership with Flywheel, a provider of commerce and technology solutions.
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On June 10, ASICS announced its decision to transfer the Onitsuka Tiger business to OT GROUP, a wholly owned subsidiary, through a company split and to reorganize Onitsuka Tiger operations in various countries under the OT GROUP structure.
Italian fashion house Moschino announced on June 19 that Creative Director Adrian Appiolaza will be stepping down from his role. The brand has not yet named a successor, stating that an announcement will be made in the coming months.
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Charlotte Tilbury, Founder, President, Chairman and Chief Creative Officer of Charlotte Tilbury Beauty, has been awarded a Commander of the Order of the British Empire (CBE) in the King’s Birthday Honours 2026.
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On June 15, Khy, the fashion brand founded by Kylie Jenner, announced the appointment of Laura du Rusquec as its Chief Executive Officer (CEO).
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The British Fashion Council (BFC) announced on June 11 that LABRUM has been named the winner of the 2026 BFC/GQ Designer Fashion Fund, a program designed to support the growth and long-term success of promising British designer fashion businesses.
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Saint Laurent announced the appointment of Anouck Duranteau-Loeper as Deputy CEO in Charge of Product. Effective July 1, 2026, she will join the executive leadership team and report directly to Chief Executive Officer Cédric Charbit.
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On June 10, premium hair tools brand T3 announced the appointment of Anne-Cécile Brilland as its new Chief Executive Officer (CEO).
French beauty giant L’Oréal announced a strategic collaboration with OpenAI, the company behind ChatGPT, on June 17 during VivaTech 2026 in Paris.
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Italian luxury house Prada and commercial space company Axiom Space have unveiled the Liquid Cooling and Ventilation Garment (LCVG), the latest milestone in their collaboration on next-generation spacesuit technology for NASA’s Artemis program.
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On May 29, AI-powered shopping app Phia announced that it has secured $35.5 million in Series A funding.
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U.S. tech giant Google has unveiled a new shopping feature that could fundamentally transform the structure of online commerce: “Universal Cart.”
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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.
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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 26, Swedish fashion company H&M Group announced its Annual and Sustainability Report for 2025.
