On May 15, U.S. sports retail giant DICK’S Sporting Goods announced that it will acquire Foot Locker, a brand synonymous with sneaker culture.
Subscribe now to receive the latest articles in our weekly newsletter!
On May 15, U.S. sports retail giant DICK’S Sporting Goods announced that it will acquire Foot Locker, a brand synonymous with sneaker culture.
On May 14, German luxury e-commerce company Mytheresa announced its financial results for the third quarter of fiscal year 2025, ended March 31, revealing solid growth in both sales and profitability.
On May 14, British luxury brand Burberry announced its financial results for the fiscal year ending March 2025, reporting a 17% year-on-year drop in revenue to £2.461 billion and an operating loss of £3 million.
On May 13, Bloomberg reported that De Beers, the world’s leading luxury diamond supplier, has been secretly selling rough diamonds to a limited group of clients at a 10–20% discount.
On May 13, Chanel announced that it will restage its Cruise 2026 collection in Singapore on November 4, 2025.
Luxury luggage brand RIMOWA has opened a new flagship boutique at 125 New Bond Street, one of London’s most prestigious shopping destinations.
On May 12, U.S. consumer goods giant Church & Dwight announced it had signed a definitive agreement to acquire Touchland, a rapidly growing brand in the hand sanitizer market.
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.
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.