Urban Outfitters, Inc, which owns Urban Outfitters, Anthropologie, and Free People, recently opened a new distribution center in Raymore, Missouri, for its women’s subscription rental clothing service platform, Nuuly.
Retail
On February 5, a new H&M store opened in Soho, New York. The new H&M concept store will offer a unique and modern shopping experience, introducing fashion-forward womenswear, sophisticated styling, and North America’s first shop-in-shop featuring carefully selected pre-owned merchandise.
On February 26, when Paris Fashion Week kicks off, Issey Miyake will open a new flagship store in the 8th arrondissement of Paris.
Prada and Miu Miu ranked first and second respectively in the latest Lyst Index, the world’s hottest brands and products in the fashion industry, for the fourth quarter of 2023 (October to December).
JD.com, China’s giant e-commerce platform, has opened its first warehouse in Paris to store apparel products for its international site JD Worldwide in an effort to streamline cross-border e-commerce between Europe and China.
On January 31, Swedish fast fashion company H&M Group appointed Daniel Ervér as its new chief executive officer. Ervér, who was previously the group’s head of brands, takes over from former CEO Helena Helmersson.
Louis Vuitton’s Spring/Summer 2024 collection, the first collection since Pharrell Williams took over as Men’s Creative Director, began hitting store shelves around the world this week.
In this article, following Summary of Memorable News in the Fashion Industry 2023, OSF’s editorial team has carefully selected the most notable news that occurred in the fashion business industry in 2023.
Uniqlo will team up with Finnish brand Marimekko for the first time in six years to launch a limited-edition collection on New Year’s Day 2024.
Grown Brilliance, which sells lab-grown diamonds, has opened a new retail store in Los Angeles.