Latest Fashion News
Prada Group Acquires Versace for $1.38 Billion
The Prada Group acquired Versace in December 2025 in a $1.38 billion deal following Donatella Versace's departure as creative director after nearly 30 years. Donatella now serves as chief brand ambassador for the company founded by her brother Gianni in 1978.
Prada has not yet detailed plans for Versace's revival.
Anna Wintour Steps Down as Vogue Editor After 37 Years
Anna Wintour announced in June 2025 she was stepping down as editor of American Vogue after 37 years, transitioning to global editorial director and Condé Nast’s chief content officer. This marks a significant shift in fashion media leadership.
Her departure highlights a year of high-profile changes in the industry.
Maria Grazia Chiuri Returns to Fendi as Creative Director
Fendi marked its centenary in 2025 with Maria Grazia Chiuri's return as creative director, reuniting her with the label where she began her career. Previously at Valentino and Dior, her first collection is set for February 2026.
She expressed honor and joy in the announcement.
Jonathan Anderson Debuts at Dior Menswear and Womenswear
Jonathan Anderson left Loewe after 11 years and debuted at Dior in June 2025 with menswear, becoming the first since Dior to head all divisions. His September womenswear show was a horror-themed presentation rewiring Dior codes.
The move is praised for injecting new energy.
Resale Becomes Primary Shopping Choice in 2025
Resale shifted to the default starting point for shoppers in 2025, driven by rising prices and faster trends, with 58% preferring secondary markets. Platforms like The RealReal use data and tools for easier shopping, now driving the industry.
Luxury resale grew strongly, with 40-65% of first luxury buys via secondary markets.
JCPenney Merges with SPARC Group to Form Catalyst Brands
JCPenney merged with SPARC Group in 2025, forming Catalyst Brands as part of major US fashion consolidations. This strategic move aimed at scale and brand power amid industry shifts.
Numerous billion-dollar deals reshaped ownership.
Caleres Acquires Stuart Weitzman from Tapestry
Caleres acquired Stuart Weitzman from Tapestry Inc. in 2025, one of several blockbuster fashion acquisitions. This reflects ongoing consolidations in the US market.
Other deals included Authentic Brands buying Dockers and more.
Forever 21 Shifts to Digital-Only Model After Bankruptcy
Forever 21 faced bankruptcy in 2025 and transitioned to a digital-only model amid US retail collapses. Saks Global neared bankruptcy, while others like Claire’s and Hudson’s Bay struggled.
These events highlight consumer behavior shifts.
WGSN and Coloro Reveal Key Colors for AW 2025/26
WGSN/Coloro forecast Autumn Winter 2025/26 colors blending stability like deep blues and expressive tones like vivid reds, with Future Dusk as Color of the Year. The palette balances heritage and futurism for emotional authenticity.
Colors are versatile, sustainable, and transseasonal.
SHEIN Releases 2025 US Trends Report on Regional Styles
SHEIN's first US Trends Report for 2025 highlights comfort, personality, and practicality, with women's tops dominating nationwide. Regional styles include Northeastern minimalism and West Coast edge with camouflage tees.
Accessories like dainty jewelry elevated everyday looks.
Valentino Faces Backlash Over AI-Generated Campaign
Valentino's December 2025 AI-generated Instagram video for DeVain handbag drew criticism for being 'cheap' and 'lazy' despite labeling. Luxury brands like Jil Sander and MCM experimented with AI in 2025 but hit consumer pushback limits.
This marks a turning point in AI marketing.
K-Fashion Gains Global Traction with Key Brands
K-fashion advanced in global conversations in 2025 via brands like Post Archive Faction and Gentle Monster. Trade turmoil and luxury slowdowns reshaped markets, pressuring manufacturers.
Scaling K-fashion remains challenging.