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.
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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.
