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DIOR presented its Cruise 2024 collection in Mexico City on May 20.
The theme of the collection is Frida Kahlo, one of the most notable women painters in contemporary Mexican painting.
On May 18, the Wall Street Journal reported that Shein, China’s leading fast fashion brand, has raised $2 billion in funding at a valuation of $66 billion.
On May 19, Bloomberg reported that Instagram is planning to release a text-based app to compete with Twitter.
On May 15, VICE Media filed for Chapter 11 bankruptcy protection and announced its bankruptcy. According to documents filed with the court by the company, the total debt is reportedly estimated at up to $1 billion.
“Should we fear AI?”
People often debate this question about “generative AI,” which is evolving at a breakneck pace every day.
The dates for each brand’s Cruise 2024 Collection have been officially announced.
CHANEL will hold its Cruise 2024 Collection show on May 9 in Los Angeles, California, U.S. GUCCI is scheduled to present its Cruise 2024 Collection on May 16 at Gyeongbok Palace in Seoul, Korea.
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.
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 October 31, Amazon (NASDAQ: AMZN) announced its financial results for the third quarter ending September 30, 2024.
On July 9, Inditex, the parent company of ZARA, announced…
