On January 28, the U.S.-based M2C brand Quince announced that it had raised $120 million in Series C funding.
On January 29, Maison Margiela announced the appointment of Glenn Martens as its new creative director.
On January 27, the British Fashion Council (BFC) announced that it had secured additional funding from the UK government to support the upcoming London Fashion Week, scheduled to take place from February 20 to 24, 2025.
On January 27, Stella McCartney announced that she had repurchased the minority stake in her brand previously held by LVMH Moët Hennessy Louis Vuitton.
On January 27, the Council of Fashion Designers of America (CFDA) and the New York-based fashion brand Veronica Beard announced the launch of a new scholarship program, the CFDA x Veronica Beard Creative Futures Scholarship.
On January 25, Junichi Abe, founder and creative director of the Japanese fashion brand Kolor, announced his resignation following the Fall/Winter 2025 collection.
Fédération de la Haute Couture et de la Mode has released the official schedule for the Paris Haute Couture Week Spring/Summer 2025.
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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.
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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.
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.
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On July 3, global singer-songwriter Taylor Swift and Kansas City Chiefs tight end Travis Kelce were married at Madison Square Garden in New York City.
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.
