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On September 26th, LVMH announced that it had acquired a 10% stake in “Double R,” an investment vehicle managed by Ruffini. Double R currently holds approximately 15.8% of Moncler’s shares.
On September 26th, Wacoal Holdings Corporation announced that its UK subsidiary, Wacoal Europe Limited, has decided to acquire all issued shares of Bravissimo Group Limited.
French biotech skincare brand, Orveda, has expanded into the U.S. market by opening its first flagship store, “La Maison Orveda New York,” in Manhattan’s Upper East Side in September 2024.
On September 24, Estée Lauder announced the launch of its first “Beautiful Forces Grants” as part of its initiative to support women’s leadership.
On September 23, Jean Paul Gaultier announced that designer Ludovic de Saint Sernin would be the next guest couturier for the upcoming haute couture show.
On September 19, the Nike Board of Directors announced that Elliott Hill would assume the position of President and Chief Executive Officer on October 14, 2024.
On September 19, GU, a fashion brand under the umbrella of Fast Retailing Co., Ltd., opened its first overseas flagship store in New York’s SoHo.
On March 30, sustainable footwear brand Allbirds announced that it has entered into a definitive asset purchase agreement with American Exchange Group (hereafter AXNY), a company specializing in accessories design, licensing, and manufacturing.
On March 31, the British Fashion Council (BFC) announced its new strategy, “BFC 2030: Access, Creativity, Growth.”
On March 30, the luxury group Kering announced the first cohort of 10 fellows for its newly launched program, “Kering CRAFT (Creative Residency for Artisanship, Fashion and Technology),” developed in partnership with Shanghai Fashion Week.
On March 26, German consumer goods company Henkel (Henkel AG & Co. KGaA) announced that it has entered into a definitive agreement to acquire OLAPLEX, a science-led premium hair care brand.
On March 24, prestige beauty retailer Sephora announced the launch of its app on ChatGPT.
On March 24, global private equity firm Advent International announced that it has signed a definitive agreement to acquire a majority stake in Los Angeles-based premium body care brand Salt & Stone. Financial terms of the transaction were not disclosed.
The ANDAM Fashion Awards, one of France’s leading initiatives supporting emerging designers, has announced its jury line-up for 2026, welcoming Burç Akyol, Jeanne Cadieu, and Lyas as new members.
On March 30, the French maison Courrèges announced the appointment of Drew Henry as its artistic director.
On March 30, American global lifestyle brand Tommy Hilfiger announced that it has appointed Travis Kelce—one of the most prominent figures in both professional football and pop culture—as its Global Brand Ambassador and Creative Collaborator.
On March 27, American fashion brand GUESS announced the second chapter of its Spring/Summer 2026 global campaign featuring Stray Kids’ Hyunjin, who serves as the brand’s global ambassador.
On March 26, Mulberry announced the appointment of British designer Christopher Kane as Creative Director of Women’s Ready-to-Wear.
Swiss premium sportswear brand On announced a major organizational restructuring on March 25, marking its transition into the next phase of growth.
On February 9, the Council of Fashion Designers of America (CFDA) announced the launch of the CFDA & OpenAI Innovation Hub, a new initiative established in partnership with OpenAI.
On February 4, Osmo, a digital fragrance design company, announced that it has completed a $70 million Series B funding round.
On January 27, Phia, an AI shopping agent co-founded by Phoebe Gates, the daughter of Bill Gates, announced that it has raised $35 million in a Series A round, valuing the company at $185 million.
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.
On December 10, Shopify, one of the world’s largest independent e-commerce platforms, announced the launch of Shopify Agentic Storefronts, a new solution designed to enable next-generation shopping experiences on AI platforms.
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.
On March 17, San Francisco-based startup Rubi announced that it has raised $7.5 million in funding and secured multi-year offtake agreements worth over $60 million with leading fashion brands and manufacturers.
