The News In Brief
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.
Byredo Owner Puig to Weigh Share Buyback in Time, CEO Says
Shares of Puig, owner of perfume brands like Jean Paul Gaultier and makeup label Charlotte Tilbury, have tumbled more than 34 percent since its splashy listing just over a year ago as Europe’s biggest IPO in 2024.
Hong Kong Investigates Louis Vuitton Data Leak
The leak, which affected about 419,000 customers, follows a cyberattack on the brand in South Korea in June.
UK Second-Hand Shopping to Top $6 Billion This Year
Online sales of used goods in the country will hit $6.4 billion in 2025, according to a new Amazon-backed report.
UK Health Officials Issue Warning Over Poisonous Cosmetic Injections
The UK Health Security Agency said dozens of poisonings, linked to unlicensed Botox-like injections, have been reported across England.
Makeup Artist Andry Hernández Romero Released From CECOT Prison
An asylum seeker deported from the US to the notorious El Salvador prison, Hernández Romero was identified arriving in Venezuela as part of a prisoner swap.
CaaStle’s Christine Hunsicker to Face US Fraud Charges
The founder of fashion rental platform CaaStle was charged by federal prosecutors Friday.
Frasers Group Sales Fall Amid ‘Challenging’ Luxury Market and Retreat From Gaming
Despite challenges, Frasers said its ‘long-term ambitions for the luxury business remain unchanged.’