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On December 16, French luxury group Kering announced that it has sold a 60% stake in a property it owns on New York’s Fifth Avenue and will transition to a joint venture structure with investment firm Ardian.
On December 15, luxury fashion brand Rick Owens and its parent company Owenscorp announced that they will no longer use fur in any future collections.
On December 10, American global lifestyle brand Tommy Hilfiger announced the appointment of Formula 1® driver Sergio Perez as its new Global Menswear Ambassador.
Asian beauty–focused retailer SUKOSHI has unveiled an ambitious expansion plan for the U.S. market, aiming to operate more than 40 stores nationwide by the end of 2026.
NARS Cosmetics, the Shiseido-owned makeup brand, has announced American model and actress Kaia Gerber as its new Global Brand Ambassador.
Italian luxury house Prada is set to officially launch a limited-edition collection inspired by India’s traditional leather sandals, Kolhapuri chappals.
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.
Barcelona-based beauty and fashion group Puig announced its full-year and fourth-quarter 2025 results on February 18. Despite foreign exchange headwinds, the company maintained strong growth and surpassed €5 billion in annual revenue for the first time in its history.
On February 2, New York–based luxury resale company Madison Avenue Couture announced that it achieved more than 40% year-over-year revenue growth in 2025.
On February 4, Osmo, a digital fragrance design company, announced that it has completed a $70 million Series B funding round.
On February 2, U.S.-based private equity firm RoundTable Healthcare Partners, which specializes exclusively in the healthcare sector, announced an investment and strategic partnership with premium skincare and sun protection brand Colorescience.
On February 3, Capri Holdings Limited announced its results for the third quarter of fiscal year 2026, revealing that while headwinds persisted on the revenue front, the company has significantly strengthened its financial foundation through the sale of Versace.
Prada’s parent company, Prada Group, has terminated relationships with more than 200 suppliers over the past five years after identifying labour compliance violations within its supply chain.
On February 12, Italian designer Sabato De Sarno announced the launch of two scholarships dedicated to the First-Level Academic Diploma (DAPL) in Fashion Design at IED Florence.
On February 18, the British Fashion Council (BFC) announced the appointment of Clare Waight Keller, Creative Director of Uniqlo, and Kate Varah, Executive Director and Co-Chief Executive of the National Theatre, as new members of its Executive Board.
On February 12, in Seoul, South Korea, Swiss luxury watchmaker Hublot announced the appointment of Jung Kook, a member of BTS and a globally recognized artist, as its new Global Brand Ambassador.
On February 9, LVMH Moët Hennessy Louis Vuitton announced new appointments to its Executive Committee to reinforce its organizational structure and advance its sustainable growth strategy. The appointments are effective immediately.
The LVMH Prize 2026, widely regarded as one of the most important gateways for emerging fashion designers, announced its 20 semifinalists for the 13th edition on February 10.
Italian couture house Maison Valentino has announced the appointment of Grammy-nominated singer, songwriter, and producer Sombar as its new global brand ambassador. Marking his first official appearance following the announcement, Sombar attended…
On January 27, Phia, an AI shopping agent co-founded by Phoebe Gates, the daughter of Bill Gates, announced that it has raised $35 million in a Series A round, valuing the company at $185 million.
The world’s largest retail industry conference, NRF Retail’s Big Show 2026, has opened in New York. On the first day, the world’s largest luxury group, LVMH, took the stage under the theme “The Fusion of Craft and Intelligence,” presenting its vision for luxury in the age of AI—not as a set of tactics, but as a guiding philosophy.
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 December 11, SuperCircle announced that it has raised $24 million in Series A funding, led by Foundry, with participation from BBG Ventures, Renewal Fund, and Elemental Impact.
On December 1, Shopify, one of the world’s largest independent e-commerce platforms, experienced an unexpected system outage on Cyber Monday.
Danish wishlist app GoWish is capturing global attention after reaching No. 1 on the U.S. App Store ahead of the 2025 holiday season.
London-based art and design institution Central Saint Martins (CSM) has…
