Luxury News

Stay informed on luxury goods with press releases highlighting industry news, trends, and innovations shaping high-end products and services. Explore opportunities in luxury branding, product innovation, and exclusive experiences in the luxury market.

Mar 20, 2026 at 4:05 PM

Evolus Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Evolus, Inc. (NASDAQ: EOLS) a performance beauty company with a focus on building an aesthetic portfolio of consumer brands, today reported the grant during March 2026 of an aggregate of 85,516 restricted stock units (RSUs) and 8,635 stock options of the company’s common stock to 10 newly hired non-executive employees of the company. The awards were approved by the compensation committee of the company’s board of directors under the Evolus’ 2023 Inducemen...
Mar 20, 2026 at 12:57 PM

Introducing Bilt Hospitality for Restaurants

NEW YORK--(BUSINESS WIRE)--Five years ago, Bilt entered housing with a simple belief: your biggest expense shouldn’t just be a bill. It should feel like a membership. We built rewards on rent. We brought hospitality to housing. And as we did, we kept coming back to the same source of inspiration: the neighborhood restaurant: the table that feels like it’s yours, the moment a guest walks in and the room already knows them. Hospitality has always lived there. And the operators who built it have s...
Mar 20, 2026 at 7:05 AM

Ermenegildo Zegna Group Reports Full Year 2025 Profit of €109 Million, up 20% YoY, With a Cash Surplus of €52 Million

MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or “the Group”) today announced Profit of €109.5 million for FY 2025, up 20% year-on-year (YoY), compared to €90.9 million in FY 2024. Adjusted EBIT for FY 2025 was €163.0 million (€173.0 million before a €10 million provision for expected losses on trade receivables related to Saks Global), compared to €184.0 million in FY 2024. Ermenegildo “G...
Mar 20, 2026 at 3:00 AM

PUMA Reveals Its Most Powerful International Football Kit Lineup yet on the Streets of New York City

NEW YORK--(BUSINESS WIRE)--Global sports company PUMA unveiled its new national team kits for 11 nations with a street-level event in New York City....
Mar 19, 2026 at 4:05 PM

Corey Moran Appointed Chief Marketing Officer of Michael Kors

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced the appointment of Corey Moran as Chief Marketing Officer of Michael Kors, effective April 6, 2026. In this role, Mr. Moran will oversee an integrated marketing organization encompassing brand communications, content creation and consumer data analytics. This new role will help the company increase revenues from customer acquisition efforts by aligning Michael Kors’ Jet Set lifestyle imag...
Mar 19, 2026 at 1:00 PM

Boulevard Capital Wins 2026 FinTech Breakthrough Award for Small Business Lending Solution of the Year

LOS ANGELES--(BUSINESS WIRE)--Boulevard (www.joinblvd.com), provider of the business management platform trusted by the fastest-growing salons, spas, and medspas, today announced that Boulevard Capital has been named Small Business Lending Solution of the Year in the 2026 FinTech Breakthrough Awards. The annual FinTech Breakthrough Awards honor the world’s top financial technology companies, products, and services that deliver innovative solutions and measurable impact across the fintech ecosys...
Mar 19, 2026 at 9:00 AM

Helios Technologies Continues Long-Standing Partnership with Jacuzzi® Group, Powering All-New J5™ Collection

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Continues Long-Standing Partnership with Jacuzzi® Group, Powering All-New J5™ Collection...
Mar 19, 2026 at 8:00 AM

o9 Selected by Chow Tai Fook to Optimize Data-Driven Retail Planning

DALLAS & HONG KONG--(BUSINESS WIRE)--o9, a leading software company that is powering enterprise planning and decisioning models across 30-plus industry verticals with its groundbreaking, AI-powered Digital Brain platform, today announced its partnership with Chow Tai Fook Jewelry Group, a prestigious China-based jewelry retailer, to enhance its end-to-end retail planning capabilities. Founded in 1929 and headquartered in Hong Kong, Chow Tai Fook operates around 6,000 retail stores across the re...
Mar 19, 2026 at 6:50 AM

Signet Jewelers Reports Fourth Quarter and Full Year Fiscal 2026 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Signet Jewelers Limited ("Signet" or the "Company") (NYSE:SIG) today announced its results for the 13 and 52 weeks ended January 31, 2026 ("fourth quarter Fiscal 2026" and "full year Fiscal 2026", respectively). "FY26 delivered over a point of comp growth driven by heightened focus on our three largest brands – Kay, Zales, and Jared. Building on that momentum, FY27 will focus on accelerating core performance through sharper brand differentiation, broader cust...
Mar 19, 2026 at 6:45 AM

Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2026 Results

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced fourth quarter and fiscal year 2026 results for the periods ended January 31, 2026. Fiscal Year 2026 Highlights (See attached table for GAAP and Non-GAAP measures) Net sales of $671.3 million compared to $653.4 million for fiscal year 2025; Operating income of $29.8 million compared to $20.0 million for fiscal year 2025; Adjusted operating income of $34.8 million compared to $27.1 million for fiscal year 2025; Dilute...
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