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On October 10th, Bloomberg reported that Lazada, a subsidiary of Alibaba Group, is partnering with top European fashion brands to achieve $100 billion in e-commerce volume by 2030.
On October 9th, the Metropolitan Museum of Art announced the theme for the Costume Institute’s 2025 spring exhibition and the Met Gala: “Superfine: Tailoring Black Style.”
Swedish fast fashion brand H&M is set to open a new pop-up store in New York City’s Nolita district
The Council of Fashion Designers of America (CFDA) has announced a new partnership with Google to launch the Fashion Equity Fellowship, a grant program designed to provide leading-edge technology resources and knowledge directly to designers and their brands.
On October 8, the French luxury group Kering announced that Stefano Cantino would be appointed CEO of Gucci, effective January 1, 2025.
One of the brands that garnered attention at this season’s Rakuten Fashion Week Tokyo Spring/Summer 2025 is TELMA, which won the “JFW NEXT BRAND AWARD 2025.” This time, the brand held its first runway show at Rakuten Fashion Week Tokyo.
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.
In 2024, the leading figures of France’s luxury industry encountered unprecedented challenges.
On December 23, Saks Global announced the completion of its acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion.
On December 23, L’Oréal Group has announced an agreement to acquire Gowoonsesang Cosmetics Co., Ltd., a subsidiary of Swiss retail group Migros, which includes the South Korean skincare brand Dr.G.
Kering, a leading conglomerate in the luxury industry, is moving forward with plans to bring in external investors for a new entity that will manage approximately €4 billion ($4.2 billion) worth of real estate assets spread across Milan, New York, and Paris.
On December 16, New York-based brand management firm WHP Global announced an agreement to acquire the intellectual property (IP) of the VERA WANG brand, led by renowned fashion designer Vera Wang.
Emporio Armani has announced that British actor Nicholas Galitzine has been chosen as the new global ambassador for its latest fragrance, Stronger with You Parfum.
On January 1, Rosita Missoni, a designer who symbolized the Italian fashion world, passed away at the age of 93.
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 18, Highsnobiety, a culture platform based in Berlin, announced a new leadership structure.
On December 13th, Lucien Pagès Communication, a prominent PR agency based in Paris and New York, announced that it had become part of The Independents, a leading group in the luxury and lifestyle sectors.
On December 18, Balenciaga opened its first standalone store in Austin, Texas. Located within the mixed-use metropolitan center of The Domain, the store features an extensive selection of the brand’s latest collections, including men’s and women’s ready-to-wear, shoes, bags, and accessories.
The Parisian luxury jeweler, Boucheron, has opened its first boutique in Las Vegas, located within the opulent Fontainebleau Las Vegas.
On December 16, Canadian fashion retailer Aritzia opened its new flagship boutique on Fifth Avenue in New York.
Kim Kardashian’s shapewear brand SKIMS has opened its first flagship store on New York’s Fifth Avenue.
Jil Sander, under the OTB Group, has announced the launch of its first-ever fine jewelry collection, marking a significant milestone in the brand’s history.
The shapewear brand SKIMS, led by actress and entrepreneur Kim Kardashian, has partnered for the first time with the legendary outdoor brand The North Face to unveil a groundbreaking winter wear collection designed to transition seamlessly from ski slopes to après-ski lounges.
On September 16, the “Intertextile Shanghai Apparel Fabrics,” held in Shanghai, China, from August 29 to 31, announced that it had reached a historic milestone with its 30th anniversary edition.
