Tapestry, the parent company of Coach, is acquiring Capri Holdings, which owns fashion brands such as Michael Kors, Versace, and Jimmy Choo. The purchase price is approximately $8.5 billion.
Leading sports apparel brand Nike has announced plans to partner with FitLab, an integrated operating company of performance lifestyle brands, to open group fitness studios called Nike Studios later this year.
On August 4, Gap announced its collaboration with LoveShackFancy. A total of 76 capsule collections will be available in stores and online.
Since the pandemic, consumers’ expectations of physical stores have changed dramatically. In recent years, it is no exaggeration to say that having the right technology tools in stores is an “indispensable prerequisite” for improving the convenience of stores.
On July 28, WWD revealed that Prada will launch its first skincare and makeup products.
On July 27, Kering announced that they will acquire a 30% stake in Valentino from Qatari investment firm Mayhoola, the parent company of Valentino, for a cash consideration of €1.7 billion.
On July 26, Gap Inc. announced that they will appoint Mattel’s President and Chief Operating Officer (COO), Richard Dickson, as CEO beginning next month.
Latest Posts
Editor’s Pick: Early Summer Wardrobe Essentials
On June 16, Vince Holding Corp., the company behind the American fashion brand Vince, reported its financial results for the first quarter of fiscal 2026, which ended on May 2, 2026. Net sales increased 10.5% year-over-year to $64.0 million, reflecting growth across both the brand’s direct-to-consumer (DTC) and wholesale businesses.
-
HUMAN MADE Inc., the company behind HUMAN MADE, announced on June 15 that it has signed a basic agreement to acquire all shares of Undercover Co., Ltd., the company operating UNDERCOVER.
-
On June 11, British retail giant Frasers Group Plc announced an offer to acquire the remaining outstanding shares of German fashion brand Hugo Boss AG for approximately €2 billion.
-
Online personal styling service Stitch Fix announced its financial results for the third quarter of fiscal 2026, ended May 2, 2026, on June 10.
-
On June 9, global brand platform Authentic Brands Group (ABG) announced a strategic partnership with Flywheel, a provider of commerce and technology solutions.
-
On June 10, ASICS announced its decision to transfer the Onitsuka Tiger business to OT GROUP, a wholly owned subsidiary, through a company split and to reorganize Onitsuka Tiger operations in various countries under the OT GROUP structure.
Italian fashion house Moschino announced on June 19 that Creative Director Adrian Appiolaza will be stepping down from his role. The brand has not yet named a successor, stating that an announcement will be made in the coming months.
-
Charlotte Tilbury, Founder, President, Chairman and Chief Creative Officer of Charlotte Tilbury Beauty, has been awarded a Commander of the Order of the British Empire (CBE) in the King’s Birthday Honours 2026.
-
On June 15, Khy, the fashion brand founded by Kylie Jenner, announced the appointment of Laura du Rusquec as its Chief Executive Officer (CEO).
-
The British Fashion Council (BFC) announced on June 11 that LABRUM has been named the winner of the 2026 BFC/GQ Designer Fashion Fund, a program designed to support the growth and long-term success of promising British designer fashion businesses.
-
Saint Laurent announced the appointment of Anouck Duranteau-Loeper as Deputy CEO in Charge of Product. Effective July 1, 2026, she will join the executive leadership team and report directly to Chief Executive Officer Cédric Charbit.
-
On June 10, premium hair tools brand T3 announced the appointment of Anne-Cécile Brilland as its new Chief Executive Officer (CEO).
French beauty giant L’Oréal announced a strategic collaboration with OpenAI, the company behind ChatGPT, on June 17 during VivaTech 2026 in Paris.
-
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.
-
On May 29, AI-powered shopping app Phia announced that it has secured $35.5 million in Series A funding.
-
U.S. tech giant Google has unveiled a new shopping feature that could fundamentally transform the structure of online commerce: “Universal Cart.”
-
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.
-
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.
On March 26, Swedish fashion company H&M Group announced its Annual and Sustainability Report for 2025.
