On November 27, it was announced that Shein, the giant Chinese fast-fashion retailer, has confidentially filed for an initial public offering (IPO) in the United States.
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On November 27, it was announced that Shein, the giant Chinese fast-fashion retailer, has confidentially filed for an initial public offering (IPO) in the United States.
Swedish fast fashion brand H&M will raise the price of garments produced in Bangladesh to compensate for higher wages for supplier workers.
On November 22, sports company Puma announced the appointment of Ryokusai Inoue as the new general manager of Puma Japan.
On November 18, high jewelry brand Cartier opened a new boutique in New York City’s SoHo district. The new store is located at 102 Greene Street.
On November 17, French resale e-commerce platform Vestiaire Collective announced the banning of 30 fast fashion brands from its platform, including Zara, H&M, Gap, Mango, and Uniqlo.
On November 16, Burberry indicated that it may have difficulty meeting its full-year sales guidance due to weak global demand for luxury goods.
On July 17th, EssilorLuxottica, a global leader in the eyewear industry, announced that it has entered into a definitive agreement to acquire the fashion brand Supreme from VF Corporation for $1.5 billion.
On July 11, Italian luxury brand Brunello Cucinelli announced that sales for the first half of 2024 reached €620.7 million, representing a 14.1% increase in sales (+14.7% at constant exchange rates) over…
On July 10, Frasers Group, the UK’s largest sporting goods retailer, announced that it has expanded its investment in German-born fashion brand Hugo Boss.
On July 9, American Exchange Group, a conglomerate of accessories design, manufacturing, wholesale, licensing, and brand-building companies, announced that it had acquired Island Surf Company, a casual footwear brand.
On July 9, Inditex, the parent company of ZARA, announced that it has acquired a stake in Galy, an innovative U.S.-based agricultural startup, as part of its strategy to invest in a…
On July 5, French luxury furniture brand Roche Bobois Group announced the acquisition of a 51% stake in Shanghai Rock Castle Furniture, its main franchisee in China.
On July 17, the French luxury conglomerate LVMH announced the appointment of Julien Tornare as the new CEO of its watch brand, Hublot.
On July 16, Swarovski, renowned for its crystal jewelry, announced the appointment of singer and actress Ariana Grande as its new brand ambassador.
Dior has recently welcomed F1 star racer Lewis Hamilton as its new ambassador and announced a new lifestyle capsule collection co-created with him as a guest designer.
On July 12, Condé Nast announced the appointment of Rocco Liu as the new editorial director of Vogue China.
On July 2, Bernard Arnault’s LVMH-owned Givenchy announced the appointment of Alessandro Valenti as its new CEO.
The 2024 ANDAM Fashion Award ceremony took place on June 27 at the Palais Royal Gardens in Paris. This year, Lebanese-born Australian designer Christopher Esber won the Andam Grand Prize.
On July 4, Shiseido, Japan’s leading beauty brand, and Max Mara, the Italian luxury fashion house, reached an agreement for a long-term partnership in the fragrance business.
Foile Skincare, a clean beauty brand from Australia, recently partnered with U.S. luxury e-commerce retailer Moda Operandi to expand into the United States.
Virtue Labs, a biotech haircare brand, recently announced that it has signed a distribution agreement with Ulta Beauty, a leading U.S. beauty retailer.
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.
Dior has recently appointed actress and model Charlize Theron as an ambassador for the house’s skincare and jewelry lines.
On May 7, Coty, the beauty conglomerate creating luxury brand fragrances, announced a new licensing agreement with Lena Gercke, a well-known German TV host, model, and entrepreneur.