Amid previous protests by workers in Bangladesh about wage increases, the Ministry of Labor and Employment (MoLE) recently announced a minimum monthly wage of 10,001 Tk ($91.06) for workers and employees in the cotton textile sector.
On April 8, Bloomberg News reported that the French luxury brand Chanel is considering buying the 745 Fifth Avenue building in Manhattan.
Following its first and second highlights, this article introduces the key highlights of the Rakuten Fashion Week Tokyo Fall/Winter 2024 Collection.
Following its first highlight, this article will introduce the latest collections of designers selected by OSF from 43 brands participating in Rakuten Fashion Week Tokyo Fall/Winter 2024.
Despite increasing scrutiny of fast fashion from a sustainability perspective, Shein, known as “ultra fast fashion,” has more than doubled its profits to more than $2 billion.
On April 2, Reuters revealed that Marco Bizzarri, former CEO of Gucci, has established a new investment firm.
Rakuten Fashion Week Tokyo Fall/Winter 2024 collection was held over six days, from Monday, March 11th, to Saturday, March 16th.This article will introduce the latest collections of designers selected by OSF from 43 brands participating in Rakuten Fashion Week Tokyo Fall/Winter 2024.
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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.
