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Latest Runway

Giorgio Armani Spring/Summer 2025 Collection

Louis Vuitton Spring/Summer 2025 Collection

Miu Miu Spring/Summer 2025 Collection

Peter Do Spring/Summer 2025 Collection

Chanel Spring/Summer 2025 Collection

Balenciaga Spring/Summer 2025 Collection

Sacai Spring/Summer 2025 Collection

Gabriela Hearst Spring/Summer 2025 Collection

Valentino Spring/Summer 2025 Collection

Alexander McQueen Spring/Summer 2025 Collection

Glossier Partners with Major Beauty Store, Sephora to Revive The Brand

Glossier partners with major beauty store, Sephora to revive the brand
Glossier in decline, fired 27 employees

Social media-born New York-based makeup brand “Glossier” is undergoing changes because of its inefficiency to keep up with evolving beauty industry.

Glossier laid off 24 employees on August 2nd, 2022. They also plan to add about 20 new employees, including leadership levels in the second half of this year as it transitions to an omnichannel model with major retailers in the United States and Canada.

Hèrmes vs MetaBirkin | Hèrmes is suing NFT Creator, Mason Rothschild

In the past year attention to NFT(non-fungible tokens) and Metaverse has boomed exponentially. Luxurious fashion brands including Gucci, Burberry, and Louis Vuitton have also leaped into this popular metaverse market via NFTs. However, Hermes was one of the few brands that has not yet shown its interest in this market and that is when artist Rothchild started selling “MetaBirkins.”

Business

LVMH Q3 Sales Drop 3% Amid Fashion & Leather Goods Slowdown

On September 15, French luxury conglomerate LVMH (Moët Hennessy Louis Vuitton) announced its third-quarter results for 2024. Although overall sales reached €19.076 billion (approximately $21 billion), organic sales declined by 3%, falling significantly short of analysts’ expectations.

Mulberry Rejects Frasers’ Takeover Bid: No Intention to Sell Shares

On October 13, the major shareholder of the British luxury brand Mulberry, operated by the Mulberry Group, issued a statement declaring that it has no intention of selling its shares in response to Frasers Group’s takeover proposal.

OSF October 14, 2024
L’Officiel Japan Relaunches After 8 Years

On October 10, AMTD IDEA Group, based in Hong Kong, announced that the renowned French fashion magazine L’Officiel has made its full-scale entry into the Japanese market with the launch of L’Officiel Japan.

OSF October 12, 2024
Lazada Partners with European Luxury Brands to Reach $100B in E-commerce by 2030

On October 10th, Bloomberg reported that Lazada, a subsidiary of Alibaba Group, is partnering with top European fashion brands to achieve $100 billion in e-commerce volume by 2030.

OSF October 11, 2024
Mytheresa to Acquire Yoox Net-a-Porter and Form Digital Powerhouse

On October 7, 2024, Mytheresa (MYT Netherlands Parent B.V.) announced that it has signed an agreement to acquire all shares of the Italian online fashion retailer Yoox Net-a-Porter Group (YNAP), owned by Richemont.

OSF October 7, 2024
Primo Global Holdings Leading Japan’s Wedding Jewelry Industry: CEO Naoki Sawano on Growth and Vision

Primo Global Holdings Co., Ltd., is a company that continues to lead the wedding jewelry industry and has garnered immense support both domestically and internationally. In this interview, OSF sat down with Naoki Sawano, CEO of Primo Global Holdings, to discuss the brand’s success factors, post-pandemic market trends, and his vision for the future.

OSF October 3, 2024

People

Kim Jones to Leave Fendi and Focus on Dior

Kim Jones, who has established a unique position in the fashion world, has announced his departure from Fendi after four years of collaboration to focus solely on his role as the menswear designer at Dior.

Stefano Cantino Appointed as the New CEO of Gucci

On October 8, the French luxury group Kering announced that Stefano Cantino would be appointed CEO of Gucci, effective January 1, 2025.

OSF October 8, 2024
Victoria Beckham’s CEO Marie Leblanc to Step Down

On October 7, it was announced that Marie Leblanc, the CEO of Victoria Beckham, would be stepping down from her role to return to France and spend more time with her family.

OSF October 7, 2024
Unilever Appoints Mary Carmen Gasco-Buisson As New CEO

On October 4, Unilever announced that Mary Carmen Gasco-Buisson has been appointed as the new CEO of its Prestige Beauty division.

OSF October 6, 2024
Missoni Appoints Alberto Caliri as New Creative Director Following Filippo Grazioli’s Departure

Amid ongoing shifts in the fashion industry, Italian luxury brand Missoni has announced a major change in its leadership. Filippo Grazioli, who has been the brand’s creative director for two and a half years, will step down. In his place, Missoni has chosen Alberto Caliri, a long-standing member of the company, to take over the creative helm.

OSF October 5, 2024
The Brand Philosophy Expressed by Italian Designer Maurizio Mauro in New York

Italian designer Maurizio Mauro, based in New York, is known for his timeless, elegant, and high-quality designs. In this article, OSF delves into Mauro’s design philosophy, the influences of his childhood, and his career experiences through his interview.

OSF October 4, 2024

Retail

Gentle Monster Opens First Flagship Store in Melbourne, Australia

Korean eyewear brand Gentle Monster has recently opened its first flagship store in Australia, located at Melbourne’s Chadstone Shopping Centre.

Cartier Celebrates Trinity Ring’s 100th Anniversary with Tokyo Pop-Up

From October 31 to November 17, 2024, Cartier will host the “TRINITY 100” pop-up event in Marunouchi, Tokyo.

OSF October 15, 2024
CLOT x adidas Superstar Pop-up in Shanghai, China

Starting on October 12, a limited-time “CLOT CAFE” pop-up, a collaboration between Edison Chen’s CLOT and adidas, opened in Shanghai.

OSF October 14, 2024
Louis Vuitton Opens New Store and “Le Café Cyril Lignac” at Heathrow Airport Terminal 2

Louis Vuitton has recently opened a new store and café, “Le Café Cyril Lignac,” at London’s Heathrow Airport Terminal 2.

OSF October 13, 2024
H&M to Open a New Pop-Up Store in Nolita, New York

Swedish fast fashion brand H&M is set to open a new pop-up store in New York City’s Nolita district

OSF October 10, 2024
Mytheresa to Acquire Yoox Net-a-Porter and Form Digital Powerhouse

On October 7, 2024, Mytheresa (MYT Netherlands Parent B.V.) announced that it has signed an agreement to acquire all shares of the Italian online fashion retailer Yoox Net-a-Porter Group (YNAP), owned by Richemont.

OSF October 7, 2024