On June 10, luxury resale platform Rebag announced a new partnership with Amazon’s Luxury Stores, making approximately 30,000 pre-owned luxury items available for purchase through the e-commerce giant.
On June 10, global marketing and communications group The Independents, known for its work with leaders in the luxury and lifestyle industries, announced the acquisition of WE ARE ONA, a culinary studio and food production agency.
On June 12, Yahoo unveiled a new AI-powered feature called “Catch Up” for its official mobile app (iOS/Android), designed to revolutionize the user experience of managing email inboxes.
On June 11, L’Oréal Groupe announced a strategic partnership with U.S.-based AI chipmaker NVIDIA to accelerate the use of AI in the beauty industry.
On June 10, Kering Eyewear, a subsidiary of the Kering Group, announced its acquisition of the Italian lens manufacturer Lenti.
France is moving toward stricter regulations on ultra-fast fashion—a business model centered on low-cost, mass-produced clothing.
On June 9, the Couture Council of The Museum at FIT in New York announced that Olivier Rousteing, Creative Director of Balmain, will receive the 2025 Couture Council Award for Artistry of Fashion.
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On July 13, it was reported that the Estée Lauder Companies had decided to retain Too Faced, Smashbox, and Dr.Jart+ rather than sell the three brands.
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Phia, the AI-powered shopping platform co-founded by Bill Gates’ daughter Phoebe Gates and Sophia Kianni, is facing allegations that it improperly attributed online purchases to itself.
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On July 13, Kyoto-based textile company HOSOO announced that its group companies had earned B Corporation certification.
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French group L’Oréal, the world’s largest cosmetics company, and French luxury group Kering have signed a 50-year exclusive global licence for the fragrances and beauty products of GUCCI.
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L’Oréal Agrees to Acquire a Majority Stake in Innovist, a Digital-First Indian Personal Care Company
L’Oréal, the world’s leading beauty group, announced on June 18 that it has signed an agreement to acquire a majority stake in Innovist, a leading house of personal care brands in India.
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On July 2, French luxury house Chanel announced its acquisition of Charvet, the heritage shirtmaker founded in 1838.
On July 15, French luxury group Kering announced the appointment of Romain Spitzer as Chief Executive Officer of its fashion house Bottega Veneta, effective September 1, 2026.
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On July 13, U.S. department store Nordstrom announced the appointment of fashion journalist and editor Brooke Bobb as vice president and fashion director.
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On July 14, the French fashion and fragrance house Rabanne announced the appointment of Olivier Rousteing as its new Creative Director.
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On July 9, J.Crew Group, the owner of the American fashion brand J.Crew, announced the appointment of Kathleen Van Nest Pierce as President of the J.Crew brand, effective August 4, 2026.
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American global lifestyle brand Tommy Hilfiger has named Zhou Guanyu — China’s first-ever Formula 1® driver and reserve driver for the Cadillac Formula 1® Team — as its newest global brand ambassador.
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On July 7, Swiss fine watchmaking manufacture Jaeger-LeCoultre has announced the internationally acclaimed artist and actress IU as its new global ambassador.
U.S.-based technology company Snap Inc. unveiled its new augmented reality (AR) glasses, SPECS, at Augmented World Expo 2026 (AWE 2026) in Paris on June 16.
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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.
France has passed a new law aimed at regulating ultra-fast fashion, marking a significant step in the country’s efforts to reduce the environmental impact of the fashion industry. The legislation primarily targets online platforms built on high-volume, low-cost business models, including Shein, Temu, and AliExpress.
