On November 27, it was announced that Shein, the giant Chinese fast-fashion retailer, has confidentially filed for an initial public offering (IPO) in the United States.
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Swedish fast fashion brand H&M will raise the price of garments produced in Bangladesh to compensate for higher wages for supplier workers.
On November 22, sports company Puma announced the appointment of Ryokusai Inoue as the new general manager of Puma Japan.
On November 18, high jewelry brand Cartier opened a new boutique in New York City’s SoHo district. The new store is located at 102 Greene Street.
On November 17, French resale e-commerce platform Vestiaire Collective announced the banning of 30 fast fashion brands from its platform, including Zara, H&M, Gap, Mango, and Uniqlo.
On November 16, Burberry indicated that it may have difficulty meeting its full-year sales guidance due to weak global demand for luxury goods.
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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.
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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.
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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.
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Richemont Announces Profit Decline in H1 Earnings – Impact of Weak Demand in China on Watch Division
On October 8, luxury conglomerate Richemont announced its H1 earnings, revealing stable sales but declining profit.
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LVMH Moët Hennessy Louis Vuitton’s investment arm, LVMH Luxury Ventures, has acquired a minority stake in the Swedish menswear brand Our Legacy.
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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.
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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.
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On November 13, designer Phillip Lim announced that he is stepping down as creative director of his namesake brand, 3.1 Phillip Lim.
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On November 8, StockX, the rapidly growing online marketplace based in Detroit, announced a leadership transition.
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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.
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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.”
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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.
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Luxury brand AMIRI, renowned for its sophisticated West Coast spirit, has opened its first store in India at New Delhi’s “The Chanakya.”
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On November 15, luxury brand Louis Vuitton unveiled its temporary Fifth Avenue flagship store in New York City.
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Aritzia, a fashion retailer based in Canada, is experiencing rapid growth in the U.S. market.
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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…
