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Quince, the U.S.-based brand known for offering high-quality products at accessible prices, has raised $200 million in a new funding round, pushing its valuation past $4.5 billion, according to a report by Bloomberg.
On July 31 (Milan), it was announced that Serge Brunschwig, who was appointed CEO of Jil Sander and Chief Strategy Officer of its parent company OTB Group in February 2025, will step down from both roles after just six months.
Kim Kardashian’s shapewear brand, SKIMS, has unveiled its first-ever face-shaping product, The Ultimate Face.
On July 30, Lyst, one of the world’s largest fashion search platforms, released the Lyst Index for the second quarter of 2025.
On July 30, Paris- Hermès International released its financial results for the first half of 2025, demonstrating continued strong growth despite increasing global economic uncertainty.
On July 29, Victoria’s Secret officially announced that its long-awaited fashion show will return in 2025.
Selena Gomez’s beauty brand Rare Beauty has officially unveiled its first-ever fine fragrance: Rare Eau de Parfum.
On January 8, American fashion brand Tommy Hilfiger announced a new global partnership with English Premier League football club Liverpool Football Club (LFC).
On January 7, U.S. beauty conglomerate Estée Lauder Companies revealed that it has begun reviewing its brand portfolio.
On January 7, the Council of Fashion Designers of America (CFDA) announced two new grant programs aimed at strengthening the foundation of fashion manufacturing in the United States.
One of Asia’s largest textile trade fairs, Intertextile Shanghai Apparel Fabrics – Spring Edition 2026, will take place over three days from Wednesday, March 11, to Friday, March 13, 2026, at the National Exhibition and Convention Center (Shanghai) in China.
Saks Global, a U.S.-based luxury department store group, has reached a critical crossroads in its restructuring efforts.
Pat McGrath Labs, the cosmetics brand founded in 2015 by British makeup artist Dame Pat McGrath, has entered a restructuring process that includes a potential sale of its assets, according to industry sources.
On January 8, Fast Retailing announced the appointment of Francesco Risso as the new Creative Director of GU, as part of its strategy to strengthen the brand’s competitiveness in the global market.
On January 7, LVMH announced a leadership reshuffle at its maison Givenchy, appointing Amandine Ohayon as the brand’s new Chief Executive Officer.
On January 7, Louis Vuitton announced the appointment of professional skateboarder Yuto Horigome as the Maison’s newest ambassador.
Fanny Moizant, co-founder and president of the French luxury resale platform Vestiaire Collective, has left the company.
On January 6, Emporio Armani announced the appointment of model and entrepreneur Kendall Jenner as its Global Fragrance Ambassador.
On January 2, Saks Global, one of the world’s largest multi-brand luxury retailers, announced that its Chief Executive Officer, Marc Metrick, has stepped down.
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.
On October 22, Shop My Shelf, Inc., also known as ShopMy, announced the completion of a $70 million funding round at a valuation of $1.5 billion.
On October 14, The Estée Lauder Companies Inc. announced the opening of its new hub, La Maison des Parfums, on Rue Volney in Paris’s 2nd arrondissement.
On October 14, Ulta Beauty, the largest beauty retailer in the United States, announced the launch of UB Marketplace, a new platform dedicated to beauty and wellness.
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.
