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Last December, the news that the South Korean e-commerce giant Coupang had acquired the ailing luxury e-commerce platform Farfetch, rescuing it from the brink of bankruptcy, was still fresh in the minds of many. However, the acquisition plan seems to have hit a snag.
Hilfiger Ventures, co-founded by one of the leading American fashion designers Tommy Hilfiger and Joe Lamastra, released a mobile AI fashion game “FashionVerse,” with global free-to-play game publisher Tilting Point.
On January 10, the Council of Fashion Designers of America (CFDA) announced the Preliminary schedule for New York Fashion Week (NYFW) this February. The schedule and brand lineup for New York Fashion Week’s 2024 Fall/Winter Collection to be held in February 2024 are as follows.
On January 25, French luxury conglomerate LVMH announced that it recorded revenue of €86.2 billion in 2023, equating to organic growth of 13% with respect to 2022.
On January 24, Jean Paul Gaultier by Simone Rocha presented its Haute Couture Spring/Summer 2024 collection at Paris Haute Couture Week.
On January 22, the Paris Haute Couture Week Spring/Summer 2024 began with a runway show by Schiaparelli.
On December 13th, Lucien Pagès Communication, a prominent PR agency based in Paris and New York, announced that it had become part of The Independents, a leading group in the luxury and lifestyle sectors.
On December 10, Japan’s leading cosmetics company KOSÉ Corporation announced the acquisition of shares in PURI CO., LTD. (hereinafter referred to as “PURI”), the company behind Thailand’s renowned holistic wellness brand PAÑPURI.
On December 9, outdoor brand L.L.Bean announced its second round of layoffs for 2024.
On December 5, jewelry brand Swarovski announced signing a long-term beauty license agreement with Coty, one of the world’s leading beauty companies.
Burberry, one of the most iconic British fashion brands, has initiated legal action against discount retailer B&M in London’s High Court, alleging trademark infringement.
On December 4, the Japan Fashion Week Organization (JFWO), a key player in Japan’s fashion industry, announced its partnership with PITTI IMMAGINE, a leading force in organizing international fashion trade fairs and events in Italy.
The prestigious French maison Chanel has ushered in a new era. On December 12, Chanel officially announced the appointment of Matthieu Blazy as its new creative director, putting an end to months of industry speculation.
On December 12, Bottega Veneta announced the appointment of Louise Trotter as its new Creative Director.
On December 11, John Galliano announced via his Instagram that he is stepping down as the Artistic Director of Maison Margiela after 10 transformative years.
On December 9, Dries Van Noten announced the appointment of Julian Klausner as the brand’s new creative director, signaling the beginning of an eagerly awaited new chapter.
On December 2, the British Fashion Council (BFC) hosted the 2024 Fashion Awards at the Royal Albert Hall in London.
On November 29 , Richemont Group announced the appointment of Jérôme Lambert as the new Chief Executive Officer (CEO) of Jaeger-LeCoultre, one of Switzerland’s leading luxury watch brands.
On December 16, Canadian fashion retailer Aritzia opened its new flagship boutique on Fifth Avenue in New York.
Kim Kardashian’s shapewear brand SKIMS has opened its first flagship store on New York’s Fifth Avenue.
Jil Sander, under the OTB Group, has announced the launch of its first-ever fine jewelry collection, marking a significant milestone in the brand’s history.
The shapewear brand SKIMS, led by actress and entrepreneur Kim Kardashian, has partnered for the first time with the legendary outdoor brand The North Face to unveil a groundbreaking winter wear collection designed to transition seamlessly from ski slopes to après-ski lounges.
New York’s iconic landmark, Saks Fifth Avenue, has once again marked the beginning of the holiday season with its dazzling holiday window display.
Luxury department store Nordstrom is set to launch a special holiday event, “The Blizz on 57th Street,” at its New York City flagship location starting November 29, 2024.
On September 16, the “Intertextile Shanghai Apparel Fabrics,” held in Shanghai, China, from August 29 to 31, announced that it had reached a historic milestone with its 30th anniversary edition.
