On January 2, Carmell, a company specializing in the bio-aesthetics sector, announced that it had signed a definitive agreement to acquire Elevai Skincare’s skincare and haircare business.
On January 1, Rosita Missoni, a designer who symbolized the Italian fashion world, passed away at the age of 93.
The Challenges Faced by the Luxury Industry in 2024: LVMH, L’Oréal, and Kering Suffer Massive Losses
In 2024, the leading figures of France’s luxury industry encountered unprecedented challenges.
As 2024 draws to a close, it’s time to focus on the schedule that begins in January 2025. For those working in the fashion industry, Fashion Week serves as another calendar that defines the year.
Aine1 Joyeria’s jewelry collection embodies the very essence of such jewelry. Each piece, seamlessly combining the sleekness of geometric lines with the organic beauty of nature, reflects the life and vision of its designer, Lucía Medico.
In 2003, the collaboration between Louis Vuitton and Takashi Murakami marked a groundbreaking moment, seamlessly blending fashion, art, and pop culture.
On December 23, Saks Global announced the completion of its acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion.
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On June 3, Macy’s, Inc. reported its financial results for the first quarter of fiscal 2026, ended May 2, 2026.
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On June 3, Spanish fashion retail giant Inditex reported its financial results for the first quarter of fiscal 2026 (February 1–April 30, 2026).
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On June 2, Victoria’s Secret & Co. reported its financial results for the first quarter ended May 2, 2026.
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On June 1, Waldencast announced that it has entered into a definitive agreement to sell its dermatological skincare and aesthetics business, Obagi Medical, to private investment firm Bridgepoint.
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On May 28, New York-based designer Allina Liu revealed via Instagram that a significant portion of her Spring/Summer 2026 collection production had been lost during transit, resulting in the cancellation of several planned product releases.
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U.S. apparel giant Gap Inc. reported its first-quarter fiscal 2026 results on May 28, posting net sales of $3.497 billion, up 1% year-over-year.
On June 1, Kering announced the appointment of Gianfranco D’Attis as Chief Executive Officer of Alexander McQueen. Effective June 3, 2026, D’Attis will report directly to Kering CEO Luca de Meo and will be based in London.
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On June 1, the Council of Fashion Designers of America (CFDA) announced the appointment of Allison Sarofim as the new Chair of Friends of the CFDA.
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Paris-based diamond jewelry house Messika has announced the appointment of South Korean actor and model Lee Soo Hyuk as its newest Maison Ambassador.
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Italian luxury menswear house ZEGNA has announced the appointment of French football star Ousmane Dembélé, forward for Paris Saint-Germain and the French national team, as its new Global Brand Ambassador.
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On May 28, French luxury maison Lanvin announced the appointment of Barbara Werschine as its new Chief Executive Officer (CEO).
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On May 27, American fashion brand Diane von Furstenberg (DVF) announced the appointment of New York-based designer Henry Zankov as its new Artistic Director. The role marks the first time in the brand’s 54-year history that the position has been established.
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.
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On March 17, French beauty company L’Oréal announced the expansion of its AI partnership with U.S.-based semiconductor leader NVIDIA. The initiative aims to fundamentally redefine beauty and skincare development through AI-driven computational chemistry.
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Can AI truly eliminate fit uncertainty in fashion e-commerce? CATCHES’ RealFit suggests a future where digital shopping is no longer defined by guesswork, but by precision.
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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.
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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 March 26, Swedish fashion company H&M Group announced its Annual and Sustainability Report for 2025.
