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Despite increasing scrutiny of fast fashion from a sustainability perspective, Shein, known as “ultra fast fashion,” has more than doubled its profits to more than $2 billion.
On April 2, Reuters revealed that Marco Bizzarri, former CEO of Gucci, has established a new investment firm.
Rakuten Fashion Week Tokyo Fall/Winter 2024 collection was held over six days, from Monday, March 11th, to Saturday, March 16th.This article will introduce the latest collections of designers selected by OSF from 43 brands participating in Rakuten Fashion Week Tokyo Fall/Winter 2024.
New York Bridal Fashion Week (NYBFW) will take place from April 2 to April 4, 2024.
On March 28, Valentino officially announced the appointment of Alessandro Michele as its new creative director.
On March 22, Valentino’s Creative Director Pierpaolo Piccioli announced his retirement. Piccioli’s successor will be announced shortly.
Pitti Immagine Uomo 107, to be held in Florence, Italy, in January 2025, brings a glimmer of hope for a long-awaited recovery in the Italian menswear market.
Capri Holdings, which owns renowned fashion brands such as Michael Kors, Versace, and Jimmy Choo, announced its fiscal second-quarter 2025 results on November 7, revealing a significant shortfall in sales projections.
According to Reuters, major consumer goods companies such as Unilever and Procter & Gamble (P&G) are facing the threat of tariffs on Mexico under the incoming administration of U.S. President-elect Donald Trump.
On October 8, luxury conglomerate Richemont announced its H1 earnings, revealing stable sales but declining profit.
LVMH Moët Hennessy Louis Vuitton’s investment arm, LVMH Luxury Ventures, has acquired a minority stake in the Swedish menswear brand Our Legacy.
On November 7, Ralph Lauren Corporation announced that its second-quarter revenue for FY2025 grew by 6% year-over-year, surpassing expectations.
On November 18, luxury giant Kering announced the appointment of Cédric Charbit as the new CEO of Saint Laurent and Gianfranco Gianangeli as the new CEO of Balenciaga, effective January 2, 2025.
On November 13, it was announced that designer Peter Do would be stepping down as Creative Director of Helmut Lang. His final collection for the brand is set to be the Pre-Fall 2025 season.
On November 13, designer Phillip Lim announced that he is stepping down as creative director of his namesake brand, 3.1 Phillip Lim.
On November 8, StockX, the rapidly growing online marketplace based in Detroit, announced a leadership transition.
Anna Wintour, the editor-in-chief of U.S. Vogue, has made headlines by appointing designer Marc Jacobs as the guest editor for the magazine’s December issue.
On November 4, the Aeffe Group’s Alberta Ferretti brand announced the appointment of Alexandra Lamprecht as its first-ever general manager.
As the holiday season approaches, Google has announced new features for its U.S. shopping platform that leverage AI to transform in-store and online shopping experiences.
Actress and entrepreneur Kim Kardashian’s shapewear brand, Skims, has announced an exclusive collaboration with the renowned luxury fashion house Dolce & Gabbana, unveiling the limited-edition collection “Dolce & Gabbana x Skims.”
The luxury fashion brand from southern France, “Jacquemus”, has opened a new flagship store in London, following the launch of its SoHo flagship in New York.
Luxury brand AMIRI, renowned for its sophisticated West Coast spirit, has opened its first store in India at New Delhi’s “The Chanakya.”
On November 15, luxury brand Louis Vuitton unveiled its temporary Fifth Avenue flagship store in New York City.
Aritzia, a fashion retailer based in Canada, is experiencing rapid growth in the U.S. market.
On July 9, Inditex, the parent company of ZARA, announced…
