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.
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On June 30, NIKE, Inc. announced its financial results for the fourth quarter and full fiscal year ended May 31, 2026.
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Intertextile Shenzhen Apparel Fabrics 2026 was held from June 9 to 11 at the Shenzhen Convention & Exhibition Center in Futian, Shenzhen, China.
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The Council of Fashion Designers of America (CFDA) and Vogue have announced the launch of a new public art initiative, United Flags of Fashion, in collaboration with America250 and Rockefeller Center.
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.
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British high jeweler GRAFF has announced the appointment of Jung Kook, a member of the globally renowned pop group BTS, as its new Global Brand Ambassador.
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U.S. swimwear brand Frankies Bikinis has appointed Paula Galperin, former co-general manager of NikeSkims, as its new Chief Executive Officer (CEO). Her appointment will take effect on August 3, marking a new phase of growth for the company.
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Italian fashion brand DSQUARED2 has announced the appointment of Spanish music sensation Bad Gyal as its new Global Brand Ambassador.
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French fashion house Rabanne announced on June 24 that Creative Director Julien Dossena will be stepping down after leading the brand for 13 years.
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.
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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.
Italian luxury fashion group “OTB” is accelerating its sustainability strategy as the industry faces growing pressure from regulators, consumers, and investors to demonstrate measurable environmental and social impact.
