The News In Brief
LVMH Bets on South Korea to Spur Growth on US, China Uncertainty
Louis Vuitton and Christian Dior are both looking to expand their flagship maison-style stores in Seoul’s Cheongdam district within the next few years, Bloomberg reported.
Mytheresa Sustains Profitable Growth Amid YNAP Merger
The German e-tailer’s net sales grew 12 percent in the final quarter of its fiscal 2025, but its newly acquired Net-a-Porter and Mr Porter saw continued declines during the same period.
Revision Skincare Appoints CEO
Lisa Paley, formerly of health and consumer goods giant Haleon, will power the company’s next phase of growth with a focus on innovation and expansion.
Eli Lilly Will Bring Experimental Weight-Loss Pill to India
The US pharmaceutical giant plans to launch its experimental oral weight-loss drug orforglipron in India, a senior executive told Reuters, offering an alternative to injectables that many patients in the world’s most populous nation resist.
UK Sees Surge in Male Facelifts
Growing numbers of men and younger people are getting facelifts, a trend driven by social media, surgical innovations and weight loss drugs, according to the British Association of Aesthetic Plastic Surgeons.
Maison Kitsuné Appoints Abigail Smith as New Creative Director
Maison Kitsuné has appointed British designer Abigail Smith as the brand's new creative director, with her first collection for the brand debuting at Paris Fashion Week.
Birkenstock Lifts Sales Outlook, Buys Factory to Make More Clogs
The footwear brand raised its sales forecast and announced plans for a new factory near Dresden to increase production, as it continues to see strong demand for its footwear.
H&M Group’s Q3 Profits Top Expectations As It Warns of Tariff Costs
H&M reported a higher-than-expected third-quarter profit due to strong autumn sales but warned of increased tariff-related costs and higher markdowns in the current quarter.
Tiffany Godoy to Step Down as Head of Editorial Content at Vogue Japan
Condé Nast Japan president Juna Kitada will also be stepping down at the end of the year.
Nykaa Names Deepika Padukone Global Ambassador
The Bollywood actress and luxury brand collaborator has been tapped as the face of the Indian retailer’s beauty business, as it continues to deepen its presence both domestically and overseas.
Fashion’s Progress on Disclosing Emissions Is Stalling
Advocacy group Fashion Revolution’s second “What Fuels Fashion?” report shows the industry’s continued failure to disclose climate efforts, especially on the critical risks of fossil-fuel based heat stress.
Rolex Faces Questions Over Trump US Open Invitation Amid Tariffs Pain
US Senator Elizabeth Warren asked the Swiss watchmaker’s CEO in a letter if Rolex was seeking to ‘curry favor’ with Trump in order to secure special-interest duty exemptions for its products.