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In this article, following Summary of Memorable News in the Fashion Industry 2023, OSF’s editorial team has carefully selected the most notable news that occurred in the fashion business industry in 2023.
With the fashion industry slowly recovering from the pandemic, 2023 was a year of news in many different fields. What stories have left the most lasting impression on you?
In this article, OSF’s editors have carefully selected the most noteworthy news in the fashion industry in 2023.
Uniqlo will team up with Finnish brand Marimekko for the first time in six years to launch a limited-edition collection on New Year’s Day 2024.
On December 23, The Shiseido Americas Corporation, a Shiseido Company subsidiary, announced the acquisition of DDG Skincare Holdings LLC, which owns Dr. Dennis Gross Skincare.
Copenhagen Fashion Week will take place over five days from Monday, January 29 to Friday, February 2.
Grown Brilliance, which sells lab-grown diamonds, has opened a new retail store in Los Angeles.
On December 24 (local time), Jennie announced the launch of her fashion label “OA (ODD ATELIER)” on her Instagram, which has over 82 million users.
On December 9, Vince Holding Corp., the parent company of the U.S. contemporary brand Vince, announced its financial results for the third quarter ended November 1, 2025.
Luxury retail giant Saks Global has filed a lawsuit to block Yumi Shin, former Chief Merchandising Officer of New York’s iconic luxury department store Bergdorf Goodman, from assuming a new role at Nordstrom, one of the company’s direct competitors.
On December 8, L’Oréal Groupe announced that it will increase its stake in Galderma Group AG, the Switzerland-based dermatology specialist, to 20%.
On December 5, Italian luxury menswear house Brioni announced the departure of its design director Norbert Stumpfl, who has led the brand’s creative direction for the past seven years since his appointment in 2018.
On December 2, the Prada Group announced that it has officially completed its acquisition of Versace from U.S.-based Capri Holdings.
On November 27, HUMAN MADE Inc., the company led by Creative Director NIGO®, made its debut on the Tokyo Stock Exchange Growth Market.
Luxury retail giant Saks Global has filed a lawsuit to block Yumi Shin, former Chief Merchandising Officer of New York’s iconic luxury department store Bergdorf Goodman, from assuming a new role at Nordstrom, one of the company’s direct competitors.
On December 8, UNCAGED Innovations, a biomaterials company developing sustainable grain-based leather alternatives, announced that Academy Award–winning actor and prominent animal welfare advocate Natalie Portman has joined the company as a strategic partner.
On December 8, California-based luxury fashion retailer FWRD (under REVOLVE Group, Inc.) announced the appointment of Rosie Huntington-Whiteley—internationally renowned model and entrepreneur—as its new Fashion Director.
On December 5, Italian luxury menswear house Brioni announced the departure of its design director Norbert Stumpfl, who has led the brand’s creative direction for the past seven years since his appointment in 2018.
On December 4, it was revealed that Dario Vitale, the creative director of Versace, will leave the brand just a few months after taking on the position.
LVMH Moët Hennessy Louis Vuitton has confirmed that Matteo De Rosa has stepped down from his role as CEO of Métiers d’Art, the division he has led since 2021.
On December 1, Shopify, one of the world’s largest independent e-commerce platforms, experienced an unexpected system outage on Cyber Monday.
Danish wishlist app GoWish is capturing global attention after reaching No. 1 on the U.S. App Store ahead of the 2025 holiday season.
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.
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.
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 July 25, OpenFashion Inc., a company promoting the fusion of fashion and technology, announced the results of the “TOKYO AI Fashion Week 2025 A/W Contest,” a fashion design competition utilizing generative AI.
On December 3, the Council of Fashion Designers of America (CFDA) announced that it will fully prohibit the use of animal fur at New York Fashion Week (NYFW) beginning September 2026.
