On August 9, synthetic biotechnology company Amyris, Inc. filed for bankruptcy in the U.S. Bankruptcy Court in Delaware.
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Last April, luxury marketplace Farfetch made a splash with its entry into the beauty sector. However, the company has recently been facing difficulties in running its beauty division, and industry insiders are reporting that Farfetch’s beauty division may be shutting down.
Tapestry, the parent company of Coach, is acquiring Capri Holdings, which owns fashion brands such as Michael Kors, Versace, and Jimmy Choo. The purchase price is approximately $8.5 billion.
Leading sports apparel brand Nike has announced plans to partner with FitLab, an integrated operating company of performance lifestyle brands, to open group fitness studios called Nike Studios later this year.
On August 4, Gap announced its collaboration with LoveShackFancy. A total of 76 capsule collections will be available in stores and online.
Since the pandemic, consumers’ expectations of physical stores have changed dramatically. In recent years, it is no exaggeration to say that having the right technology tools in stores is an “indispensable prerequisite” for improving the convenience of stores.
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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.
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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.
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On December 9, outdoor brand L.L.Bean announced its second round of layoffs for 2024.
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On December 5, jewelry brand Swarovski announced signing a long-term beauty license agreement with Coty, one of the world’s leading beauty companies.
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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.
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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.
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On December 12, Bottega Veneta announced the appointment of Louise Trotter as its new Creative Director.
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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.
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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.
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The Fashion Awards 2024: Jonathan Anderson Wins Designer of the Year for the Second Consecutive Year
On December 2, the British Fashion Council (BFC) hosted the 2024 Fashion Awards at the Royal Albert Hall in London.
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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.
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Kim Kardashian’s shapewear brand SKIMS has opened its first flagship store on New York’s Fifth Avenue.
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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.
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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.
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New York’s iconic landmark, Saks Fifth Avenue, has once again marked the beginning of the holiday season with its dazzling holiday window display.
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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.
