Luxury News

NEW YORK--(BUSINESS WIRE)--Bilt, the membership for where you live, today announced a partnership with Mindbody, the leading experience technology platform for the fitness, wellness, and beauty industries. Starting today, Bilt Members can discover, book, and earn 1X Bilt Points on fitness classes at thousands of Mindbody-connected studios directly through the Bilt app — whether through the Bilt Concierge or Fitness Tab — expanding Bilt's total neighborhood fitness network to more than 7,000 stu...

AUSTIN, Texas--(BUSINESS WIRE)--Digital Brands Group, Inc. (“DBG” or the “Company”) (NASDAQ: DBGI), a publicly traded company specializing in apparel and e-commerce, today announced the launch of a strategic AI and brand protection collaboration with a globally recognized outdoor performance apparel brand recognized as one of the leading premium outdoor brands globally, known for its technical outerwear, innovation-driven product ecosystem, and significant international retail presence. The ini...

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Mexico City expansion reinforces Toshiba’s commitment to LATAM retailers through advanced technology, regional expertise, and long‑term partnership....

GRASSE, France--(BUSINESS WIRE)--LMR Naturals by IFF—a global leader in natural ingredients for perfumery, cosmetics and flavors—today inaugurated its new experimental field, Domaine des Naturels LMR. The field is dedicated to advancing research in natural ingredients, preserving Grasse’s agricultural heritage and expanding education in naturals. The inauguration, attended by Grasse Mayor Jérôme Viaud, a long-standing supporter of the perfume industry, underscores IFF and LMR’s ongoing commitme...

TORONTO--(BUSINESS WIRE)--Menē Inc. (TSX-V: MENE) (US: MENEF) (“Menē” or the “Company”), today announced financial results for the first quarter ended March 31, 2026. All amounts are expressed in Canadian dollars unless otherwise noted. Financial Highlights IFRS Revenue of $6.3 million, a decrease of $1.0 million (14%) year-over-year (“YoY”). Gross profit of $2.6 million, with a gross profit margin of 41%, an increase of $0.9 million YoY. Net income of $1.2 million for the quarter. Total metal...

TORONTO--(BUSINESS WIRE)--Menē, the investment jewelry™ brand renowned for its 24 karat gold and pure platinum creations, proudly announces the launch of the Nick Foulkes x Menē collection, an exclusive collaboration debuting this Father’s Day. Designed in partnership with renowned British author, historian, and gentleman chronicler Nick Foulkes, the collection celebrates enduring style, craftsmanship, and the quiet luxury of objects made to last generations. Blending Menē’s philosophy of purit...

NEW YORK--(BUSINESS WIRE)--As generative AI adoption outpaces existing legal frameworks — with over 125 active infringement lawsuits and landmark cases like Bartz v. Anthropic recently settled for $1.5 billion— FanClub AI launches to reshape how intellectual property assets are recognized, managed and monetized through a new infrastructure that protects rights at scale while turning AI training into revenue streams for rights holders and future-proofing for e-commerce. Its first product, FanClu...

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the fourth quarter and full year Fiscal 2026 ended March 28, 2026. Fourth Quarter Fiscal 2026 Highlights from Continuing Operations Revenue decreased 3.7% on a reported basis and 7.0% in constant currency Operating margin of (3.4)%; adjusted operating margin of (0.1)% Loss per share of $(0.01); adjusted earnings per share of $0.22 John D. Idol, the Company’s Chai...

NEW YORK--(BUSINESS WIRE)--Stéphane de La Faverie, President and Chief Executive Officer, and Roberto Canevari, Executive Vice President, Chief Value Chain Officer, of The Estée Lauder Companies Inc. (NYSE: EL) will participate in the dbAccess Global Consumer Conference 2026 in Paris on Tuesday, June 2, 2026, at 09:15 a.m. CEST. Interested parties can access the live webcast of the fireside chat on Tuesday, June 2nd from 09:15 a.m. – 09:55 a.m. CEST at http://www.elcompanies.com/investors. The...

HANGZHOU, China--(BUSINESS WIRE)--Alipay today introduced its full-stack AI payment solution to partners across industries, ranging from AI companies to traditional retailers, and debuted two new services — the world’s first AI Wallet and Token Pay — to support the agentic economy’s rapid growth. This launch extends Alipay's next-generation AI payment infrastructure, building on its consumer-facing product Alipay AI Pay and its business-facing AI payment processing product. “While the essence o...