The News In Brief
‘Great Jeans’: Sydney Sweeney Campaign Fuels American Eagle Rally
Shares surged 16 percent after a new denim campaign with the “Euphoria” actress was unveiled.
Interparfums Sales Decline Due to Pressure in the US
The fragrance manufacturer and distributor cited a perfect storm of macroeconomic headwinds, tariffs and the discontinuation of its Dunhill license for its mixed results.
Moncler Revenues Slipped 1% in Second Quarter
Sales at the group’s flagship brand were hit by a decline in tourist spending in Europe and Japan.
Plastic Fast Fashion Is Driving Industry Emissions Higher
Fashion’s carbon footprint grew nearly 8 percent in 2023, the first year-on-year increase since 2019, according to a new report.
Mexican Cosmetics Brand Sarelly Sarelly Secures $3 Million Seed Round
The funding will support the startup’s US expansion and growing retail presence in Mexico.
Milk Makeup Owner Waldencast Acquires Dermal Filler Company
The parent company of the cosmetics line and the doctor-led skincare brand Obagi will strengthen its aesthetics offering with the addition of Novaestiq, an injectables maker.
Sofia Coppola’s First Documentary Is About Marc Jacobs
‘Marc by Sofia’ will premiere later this summer at the Venice Film Festival.
CFDA Releases Spring/Summer 2026 New York Fashion Week Schedule
September’s edition of NYFW will see Alexander Wang return, as well as appearances from Europe-based Cos, Off-White and Toteme.
Perfume Maker Givaudan’s Sales Growth Slower Than Expected
The Swiss fragrance and flavours firm reported group sales of $2.37 billion for the second quarter 2025, narrowly missing analysts’ forecast.
Bernard Arnault’s Private Equity Firm Leads $800 Million Investment in Flexjet
The world’s second-largest private jet company said L Catterton’s backing will bolster its strength in the luxury market and allow it to offer more customer-exclusive bespoke experiences and curated events.
Saks Launches Debt Swap After Seeking Minority Lender Deals
The struggling retailer has proposed swapping all of its $2.2 billion in 11 percent bonds due in 2029 for a combination of securities with the same interest rate and maturity, but lower principal.
Largest Exhibition of Queen Elizabeth’s Fashion Set for 2026
The King’s Gallery at Buckingham Palace will play host to the exhibition, which opens next spring.