On May 19, Bloomberg reported that Instagram is planning to release a text-based app to compete with Twitter.
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On May 15, VICE Media filed for Chapter 11 bankruptcy protection and announced its bankruptcy. According to documents filed with the court by the company, the total debt is reportedly estimated at up to $1 billion.
“Should we fear AI?”
People often debate this question about “generative AI,” which is evolving at a breakneck pace every day.
The dates for each brand’s Cruise 2024 Collection have been officially announced.
CHANEL will hold its Cruise 2024 Collection show on May 9 in Los Angeles, California, U.S. GUCCI is scheduled to present its Cruise 2024 Collection on May 16 at Gyeongbok Palace in Seoul, Korea.
The Taipei Fashion Week held in March 2023 saw a different approach to each brand’s work and theme, from the unparalleled savoir-faire of traditional crafts inherited in Taiwan to real and virtual fusion collections that introduced cutting-edge digital technology, as well as contributions to sustainability with consideration for the natural environment.
On May 1, MET GALA 2023, the biggest celebration of the fashion world was held at the Metropolitan Museum of Art in New York City. Below is a roundup of the red-carpet outfits of the celebrities who attended the MET GALA 2023.
On April 27, a reopening party was held at the Tiffany & Co. flagship store on Fifth Avenue in New York, which has been newly reborn as “The Landmark.
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On January 12, U.S. apparel giant American Eagle Outfitters announced that it achieved record-high sales during the fourth-quarter 2025 holiday season.
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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.
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As financial uncertainty deepens at Saks Global, one of the world’s largest multi-brand luxury retail groups, Italian luxury brand Brunello Cucinelli has made clear that it will continue to stand by its department store–focused wholesale strategy, Reuters reports.
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Tommy Hilfiger Enters World Football with Its First-Ever Official Club Partnership with Liverpool FC
On January 8, American fashion brand Tommy Hilfiger announced a new global partnership with English Premier League football club Liverpool Football Club (LFC).
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On January 7, U.S. beauty conglomerate Estée Lauder Companies revealed that it has begun reviewing its brand portfolio.
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On January 7, the Council of Fashion Designers of America (CFDA) announced two new grant programs aimed at strengthening the foundation of fashion manufacturing in the United States.
On January 9, Rome-born high jewelry maison Bvlgari announced the appointment of actor and artist Kento Nakajima as its new ambassador.
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The French luxury house Dior has announced the appointment of actor and musician LaKeith Stanfield as a new ambassador for the collections designed by Jonathan Anderson.
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On January 8, Fast Retailing announced the appointment of Francesco Risso as the new Creative Director of GU, as part of its strategy to strengthen the brand’s competitiveness in the global market.
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On January 7, LVMH announced a leadership reshuffle at its maison Givenchy, appointing Amandine Ohayon as the brand’s new Chief Executive Officer.
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On January 7, Louis Vuitton announced the appointment of professional skateboarder Yuto Horigome as the Maison’s newest ambassador.
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Fanny Moizant, co-founder and president of the French luxury resale platform Vestiaire Collective, has left the company.
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.
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On December 1, Shopify, one of the world’s largest independent e-commerce platforms, experienced an unexpected system outage on Cyber Monday.
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Danish wishlist app GoWish is capturing global attention after reaching No. 1 on the U.S. App Store ahead of the 2025 holiday season.
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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.
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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.
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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 December 15, luxury fashion brand Rick Owens and its parent company Owenscorp announced that they will no longer use fur in any future collections.
