On January 15, Moncler and Rick Owens unveiled the first-ever summer collection from their collaborative line, Moncler + Rick Owens.
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Saks Global Files for Chapter 11: Creditors Estimated at Up to 25,000, Liabilities Up to $10 Billion
The U.S. luxury department store group Saks Global has filed for Chapter 11 bankruptcy protection. The company estimates it has up to 25,000 creditors, with total liabilities reaching as much as $10 billion, and global luxury brands including Chanel are listed among its unpaid creditors.
American apparel brand J.Crew has entered into a three-year partnership with U.S. Ski & Snowboard, the national governing body for ski and snowboard sports in the United States, unveiling its first collaborative collection.
On January 14, Italian fashion brand Diesel announced the appointment of Andrea Rigogliosi as its new Chief Executive Officer.
On January 14, U.S. luxury department store group Saks Global announced that it has filed for protection under Chapter 11 of the U.S. Bankruptcy Code.
On January 12, U.S. apparel giant American Eagle Outfitters announced that it achieved record-high sales during the fourth-quarter 2025 holiday season.
On January 12, the American Apparel & Footwear Association (AAFA) announced that Zac Posen has been named Designer of the Year at the 2026 American Image Awards.
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On January 28, Allbirds, a footwear brand known for its use of sustainable materials, announced plans to streamline its operations as part of a strategy to achieve profitable growth.
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On January 27, Phia, an AI shopping agent co-founded by Phoebe Gates, the daughter of Bill Gates, announced that it has raised $35 million in a Series A round, valuing the company at $185 million.
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On January 27, French luxury conglomerate LVMH Moët Hennessy Louis Vuitton announced its full-year results for fiscal 2025.
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On January 26, U.S. makeup brand Pat McGrath Labs filed for Chapter 11 bankruptcy protection under the U.S. Bankruptcy Code.
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On January 23, Authentic Brands Group (ABG) announced that it has taken the American denim brand Guess private.
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On January 21, British luxury brand Burberry announced that its retail comparable store sales rose 3% year on year in the third quarter of fiscal year 2026, covering the 13 weeks ended December 27, 2025.
On January 30, Paris-based fashion house Alaïa officially announced that its Belgian creative director, Pieter Mulier, will step down from his role.
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On January 23, Dior announced the appointment of Canadian actress and director Taylor Russell as the brand ambassador for its new collections under Jonathan Anderson.
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On January 21, French outdoor brand Salomon announced the appointment of Finnish designer Heikki Salonen as its first-ever creative director.
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On January 20, it was announced that Bartolomeo Rongone, who has served as CEO of Bottega Veneta for approximately six years, will step down from the brand on March 31 and assume the role of CEO at Moncler Group on April 1.
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On January 15, the Fashion Institute of Technology (FIT), a globally renowned institution for creative education under the State University of New York (SUNY), announced the appointment of Jason S. Schupbach as its new president.
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Valentino Garavani, the legendary Italian couturier, has died at his residence in Rome. He was 93. His passing marks the end of an era in the history of global fashion. The news…
On December 10, Shopify, one of the world’s largest independent e-commerce platforms, announced the launch of Shopify Agentic Storefronts, a new solution designed to enable next-generation shopping experiences on AI platforms.
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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.
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On December 1, Shopify, one of the world’s largest independent e-commerce platforms, experienced an unexpected system outage on Cyber Monday.
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Danish wishlist app GoWish is capturing global attention after reaching No. 1 on the U.S. App Store ahead of the 2025 holiday season.
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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.
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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 January 28, Japanese fashion brand CFCL announced the establishment of its own production facility, CFCL Knitting Factory, located in Sōka City, Saitama Prefecture.
