On January 15, Moncler and Rick Owens unveiled the first-ever summer collection from their collaborative line, Moncler + Rick Owens.
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Saks Global Files for Chapter 11: Creditors Estimated at Up to 25,000, Liabilities Up to $10 Billion
The U.S. luxury department store group Saks Global has filed for Chapter 11 bankruptcy protection. The company estimates it has up to 25,000 creditors, with total liabilities reaching as much as $10 billion, and global luxury brands including Chanel are listed among its unpaid creditors.
American apparel brand J.Crew has entered into a three-year partnership with U.S. Ski & Snowboard, the national governing body for ski and snowboard sports in the United States, unveiling its first collaborative collection.
On January 14, Italian fashion brand Diesel announced the appointment of Andrea Rigogliosi as its new Chief Executive Officer.
On January 14, U.S. luxury department store group Saks Global announced that it has filed for protection under Chapter 11 of the U.S. Bankruptcy Code.
On January 12, U.S. apparel giant American Eagle Outfitters announced that it achieved record-high sales during the fourth-quarter 2025 holiday season.
On January 12, the American Apparel & Footwear Association (AAFA) announced that Zac Posen has been named Designer of the Year at the 2026 American Image Awards.
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The beauty industry giant The Estée Lauder Companies has stepped into a new phase of transformation.
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The Chanel Fall/Winter 2026 collection, presented at Paris Fashion Week in March 2026, marks Matthieu Blazy’s second ready-to-wear offering since taking the helm as Creative Director roughly one year ago. The reason…
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Shares of French luxury group LVMH Moët Hennessy Louis Vuitton (hereafter, LVMH) fell 28% in the first quarter of 2026, marking the company’s worst start to a year since going public.
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On March 27, Pitti Immagine Uomo 110, set to take place in Florence, Italy, from June 16 to 19, announced that it has selected Copenhagen-based menswear label Sunflower as one of its guest designers.
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On March 31, L’Oréal announced the completion of its acquisition of Kering Beauté as part of its strategic alliance with Kering.
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On March 30, sustainable footwear brand Allbirds announced that it has entered into a definitive asset purchase agreement with American Exchange Group (hereafter AXNY), a company specializing in accessories design, licensing, and manufacturing.
On April 6, Paris-based diamond jewelry maison Messika announced the appointment of actress Kiko Mizuhara as its new maison ambassador.
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Pitti Immagine Uomo 110, taking place in Florence, Italy from June 16 to 19, has announced that Korean designer Jiyong Kim will join its special events program as a featured guest designer.
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On April 3, South Korean fashion creative brand ADERERROR announced actor Byeon Wooseok as its first-ever official ambassador.
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On April 2, U.S. beauty brand Almay announced a brand relaunch, marking a new chapter rooted in its long-standing commitment to gentle, skin-friendly makeup.
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Mark Thomas will exit Carven after approximately one year as design director, the Paris-based house announced on April 2. His departure will take effect at the end of this month as he moves on to pursue new opportunities.
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On March 30, American brand Calvin Klein announced its Spring 2026 denim campaign in Asia, starring Thai actor Ling Ling Kwong.
On February 9, the Council of Fashion Designers of America (CFDA) announced the launch of the CFDA & OpenAI Innovation Hub, a new initiative established in partnership with OpenAI.
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On February 4, Osmo, a digital fragrance design company, announced that it has completed a $70 million Series B funding round.
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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.
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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.
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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.
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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 March 17, San Francisco-based startup Rubi announced that it has raised $7.5 million in funding and secured multi-year offtake agreements worth over $60 million with leading fashion brands and manufacturers.
