On May 19, Balenciaga and its parent company Kering officially announced the appointment of Pierpaolo Piccioli as the new Creative Director of Balenciaga.
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On May 19, Balenciaga and its parent company Kering officially announced the appointment of Pierpaolo Piccioli as the new Creative Director of Balenciaga.
Soho House, the exclusive members’ club that brings together creative professionals from around the world, is set to open its first Japan location in Minami Aoyama, Tokyo, in early 2026.
On May 14, Loro Piana, the Italian brand renowned for its finest cashmere and wool, announced the winners of the 9th edition of its Knit Design Award 2025.
In the world of high fashion, the phrase “Made in Italy” has long stood as a hallmark of craftsmanship, quality, and above all, trust. But beneath that prestigious label, cracks are beginning to show.
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 March 30, sustainable footwear brand Allbirds announced that it has entered into a definitive asset purchase agreement with American Exchange Group (hereafter AXNY), a company specializing in accessories design, licensing, and manufacturing.
On March 31, the British Fashion Council (BFC) announced its new strategy, “BFC 2030: Access, Creativity, Growth.”
On March 30, the luxury group Kering announced the first cohort of 10 fellows for its newly launched program, “Kering CRAFT (Creative Residency for Artisanship, Fashion and Technology),” developed in partnership with Shanghai Fashion Week.
On March 26, German consumer goods company Henkel (Henkel AG & Co. KGaA) announced that it has entered into a definitive agreement to acquire OLAPLEX, a science-led premium hair care brand.
On March 24, prestige beauty retailer Sephora announced the launch of its app on ChatGPT.
On March 24, global private equity firm Advent International announced that it has signed a definitive agreement to acquire a majority stake in Los Angeles-based premium body care brand Salt & Stone. Financial terms of the transaction were not disclosed.
The ANDAM Fashion Awards, one of France’s leading initiatives supporting emerging designers, has announced its jury line-up for 2026, welcoming Burç Akyol, Jeanne Cadieu, and Lyas as new members.
On March 30, the French maison Courrèges announced the appointment of Drew Henry as its artistic director.
On March 30, American global lifestyle brand Tommy Hilfiger announced that it has appointed Travis Kelce—one of the most prominent figures in both professional football and pop culture—as its Global Brand Ambassador and Creative Collaborator.
On March 27, American fashion brand GUESS announced the second chapter of its Spring/Summer 2026 global campaign featuring Stray Kids’ Hyunjin, who serves as the brand’s global ambassador.
On March 26, Mulberry announced the appointment of British designer Christopher Kane as Creative Director of Women’s Ready-to-Wear.
Swiss premium sportswear brand On announced a major organizational restructuring on March 25, marking its transition into the next phase of growth.
On February 9, the Council of Fashion Designers of America (CFDA) announced the launch of the CFDA & OpenAI Innovation Hub, a new initiative established in partnership with OpenAI.
On February 4, Osmo, a digital fragrance design company, announced that it has completed a $70 million Series B funding round.
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.
The world’s largest retail industry conference, NRF Retail’s Big Show 2026, has opened in New York. On the first day, the world’s largest luxury group, LVMH, took the stage under the theme “The Fusion of Craft and Intelligence,” presenting its vision for luxury in the age of AI—not as a set of tactics, but as a guiding philosophy.
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.
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.