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With the fashion industry slowly recovering from the pandemic, 2023 was a year of news in many different fields. What stories have left the most lasting impression on you?
In this article, OSF’s editors have carefully selected the most noteworthy news in the fashion industry in 2023.
Uniqlo will team up with Finnish brand Marimekko for the first time in six years to launch a limited-edition collection on New Year’s Day 2024.
On December 23, The Shiseido Americas Corporation, a Shiseido Company subsidiary, announced the acquisition of DDG Skincare Holdings LLC, which owns Dr. Dennis Gross Skincare.
Copenhagen Fashion Week will take place over five days from Monday, January 29 to Friday, February 2.
Grown Brilliance, which sells lab-grown diamonds, has opened a new retail store in Los Angeles.
On December 24 (local time), Jennie announced the launch of her fashion label “OA (ODD ATELIER)” on her Instagram, which has over 82 million users.
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.
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 November 2, Velvet by Graham & Spencer celebrated the grand opening of its new boutique in the vibrant Nolita neighborhood of New York City.
On July 9, Inditex, the parent company of ZARA, announced…
