California-based beauty brand e.l.f. Beauty, Inc. announced on May 22 that its annual sales have surpassed $1.02 billion, up 77% from the previous year.
The long-awaited Paris store of Dover Street Market by Rei Kawakubo and Adrian Joffe will open on May 24.
French luxury brand Chanel reported a 16% increase in sales to $19.7 billion in 2023 on a comparable basis, surging to a record high for the privately owned luxury house.
Max Mara has announced that the Resort Show 2025 will be held on Tuesday, June 11, 2024, at the Palazzo Ducale in Venice.
Dior has recently appointed actress and model Charlize Theron as an ambassador for the house’s skincare and jewelry lines.
Bruce Nordstrom, former chairman of Nordstrom Inc., one of the leading luxury department stores in the U.S., and a 40-year manager, has passed away at the age of 90.
On May 19, designer Mara Hoffman announced that her eponymous brand, which has existed for 24 years, will end with the Spring 2024 collection.
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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 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.
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On July 1, the 37th edition of the ANDAM Fashion Awards was held in the gardens of the Palais-Royal in Paris, where Belgian designer Marie Adam-Leenaerdt was named the recipient of the 2026 Grand Prize.
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.
