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LVMH sells Marc Jacobs to WHP and G-III in rare luxury divestment deal

LVMH sells Marc Jacobs to WHP and G-III in rare luxury divestment deal

LVMH has agreed to sell the Marc Jacobs fashion label to a 50-50 venture between WHP Global and G-III Apparel Group, a rare divestment for the luxury giant amid softer demand. Financial terms were not disclosed, but G-III said it expects to invest up to $425 million in the new partnership. Marc Jacobs will remain creative director, keeping creative leadership with the brand’s founder. The deal also expands WHP’s portfolio and lifts its annual revenue beyond $9.5 billion.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Vijay swaps veshti for pantsuit at CM oath as Trisha wows in Kanjeevaram saree viral in Chennai

Vijay swaps veshti for pantsuit at CM oath as Trisha wows in Kanjeevaram saree viral in Chennai

Actor-turned-politician Vijay, the TVK chief, was sworn in as Tamil Nadu’s Chief Minister at Chennai’s Jawaharlal Nehru Stadium after negotiations and election momentum. The ceremony drew huge fanfare and star presence, including actress Trisha Krishnan. But it was their styling that lit up social media: Vijay reportedly chose a tailored black-and-white pantsuit instead of the customary white shirt-and-veshti look, while Trisha arrived in an icy-green Kanjeevaram saree with a jasmine gajra and diamond jewellery.

Summarised by Beize from a story on Republic on 14 May 2026

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V-Bazaar plans major push into smaller towns boosting workforce to 10000 in four years

V-Bazaar plans major push into smaller towns boosting workforce to 10000 in four years

Fashion retailer V-Bazaar is gearing up for a rapid expansion, targeting a workforce of 10,000 employees within four years. The company’s growth strategy focuses on opening more stores in smaller towns, with plans to scale its network to over 250 locations as it broadens its retail footprint beyond major markets.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Dharavi teen who was called too dark becomes face of global fashion campaign

Dharavi teen who was called too dark becomes face of global fashion campaign

Maleesha Kharwa, an 18-year-old from Mumbai’s Dharavi, has risen from local beginnings to international modelling stardom. After a producer spotted her potential, she landed campaigns for premium brands and earned features in top fashion magazines. Now she turns visibility into impact, using her platform to inspire others and give back to her community.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Superdry co founder James Holder sentenced to eight years for rape in UK case

Superdry co founder James Holder sentenced to eight years for rape in UK case

British fashion entrepreneur James Holder, co founder of Superdry, has been sentenced to eight years in a UK rape case. The 54 year old was convicted over an incident in May 2022, despite his denial and claim of consent. The judge called it a despicable act of sexual violence. Holder’s rise began selling T shirts at BMX events.

Summarised by Beize from a story on The Economic Times on 7 May 2026
Prada faces a new firestorm in India over Kolhapuri designs and damage control

Prada faces a new firestorm in India over Kolhapuri designs and damage control

Prada’s latest collection has sparked a fresh controversy in India over Kolhapuri designs, reviving a debate that began a year ago after allegations of copying. Now, as the luxury label tries to manage the fallout, its steps are coming under intense scrutiny, highlighting how quickly cultural and design disputes can escalate online and in public discourse.

Summarised by Beize from a story on The Economic Times on 7 May 2026

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Ex Arvind Fashions MD launches Neopolis Brands seeks Rs 100 crore for global accessory push

Ex Arvind Fashions MD launches Neopolis Brands seeks Rs 100 crore for global accessory push

Former Arvind Fashions MD & CEO Shailesh Chaturvedi has launched Neopolis Brands and is in talks to raise Rs 100 crore from investors including Ashish Kacholia. The venture aims to assemble global fashion accessory brands for India, starting with a planned partnership to bring Italy’s Carpisa bags to the market.

Summarised by Beize from a story on The Economic Times on 7 May 2026
Indian sneaker brands are scaling fast with ₹5000 pairs but trust is the real test

Indian sneaker brands are scaling fast with ₹5000 pairs but trust is the real test

Indian sneaker brands are rapidly gaining ground by pairing competitive pricing with style that feels culturally rooted. Targeting India’s mass premium segment, these homegrown labels are betting that shoppers will trade up from budget footwear. Yet as metro demand grows, the biggest hurdle remains building lasting trust—on quality, consistency, and brand reliability.

Summarised by Beize from a story on The Economic Times on 6 May 2026
MHYTH raises INR 5 crore for luxury innerwear push as China Europe dominance faces a new rival

MHYTH raises INR 5 crore for luxury innerwear push as China Europe dominance faces a new rival

Luxury innerwear and lifestyle brand MHYTH has raised INR 5 crore in pre-seed funding led by a Mumbai single-family office and backed by prior angel interest from Nine Rivers Capital. Founded by Mitali Rai, it operates an automation-led, asset-light model across Bengaluru and New Delhi, aiming to beat China and Europe reliance with low-inventory, high-rotation product delivery.

Summarised by Beize from a story on Startup Talky on 6 May 2026
India Inc Takes Over the Met Gala With Artful Luxury Statements

India Inc Takes Over the Met Gala With Artful Luxury Statements

India’s corporate elite turned the Met Gala into a showcase of “fashion is art,” with standout looks from Isha Ambani, Ananya Birla and Natasha Poonawalla. Birla paired Robert Wun couture with a Subodh Gupta sculpture mask, while Poonawalla wore a custom Marc Quinn orchid creation, blending high fashion with contemporary art references.

Summarised by Beize from a story on The Economic Times on 6 May 2026

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Beyoncé Returns to Met Gala After 10 Years in Crystal Costume That Signals a New Era

Beyoncé Returns to Met Gala After 10 Years in Crystal Costume That Signals a New Era

Beyoncé made a long-awaited return to the Met Gala after a decade, wearing a standout crystal gown that hinted at a fresh style chapter. The gala marked the “Costume Art” exhibition and examined how fashion shapes the body as expression. She arrived with her family, while Nicole Kidman and Anna Wintour served as co-chairs.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Met Gala 2026 unveils daring dress code and a celebrity guest list

Met Gala 2026 unveils daring dress code and a celebrity guest list

Met Gala 2026 is setting a distinctly artistic tone with a dress code that urges guests to “express their relationship to fashion as an embodied art form.” The Monday-night fundraising spectacle also promises star power, with major A-listers including Beyoncé and Nicole Kidman among the headline names expected to bring bold looks and fashion storytelling to the spotlight.

Summarised by Beize from a story on The Economic Times on 4 May 2026
House of Chikankari raises Rs 25 crore to scale Lucknowi embroidery beyond D2C

House of Chikankari raises Rs 25 crore to scale Lucknowi embroidery beyond D2C

Delhi based D2C fashion brand House of Chikankari has raised Rs 25 crore in Series A funding from Cap Alpha Ventures. The startup behind Lucknowi embroidery plans to use the money to expand its offline presence and broaden its product range. Notably, it delayed fundraising to strengthen operations, betting on more structured growth after a major revenue jump.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
House of Chikankari raises ₹25 cr to scale beyond online with offline and global plans

House of Chikankari raises ₹25 cr to scale beyond online with offline and global plans

D2C ethnic fashion brand House of Chikankari has raised ₹25 crore in a Series A led by Cap Alpha Ventures. The funding will expand its product portfolio, strengthen omnichannel sales with an offline retail push, and grow internationally. Founded in 2020, the brand claims 9 lakh+ monthly sessions, ships to 20+ countries, and supports 10,000+ women artisans.

Summarised by Beize from a story on Inc42 on 28 Apr 2026

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Fashinza hits EBITDA profitability in Q3 FY26 and sets sights on full year gains

Fashinza hits EBITDA profitability in Q3 FY26 and sets sights on full year gains

Fashinza, a global fashion supply-chain platform, has reported EBITDA profitability in its first profitable quarter, a milestone it previously aimed for but could not sustain yet. The startup is now shifting focus from a single strong quarter to achieving full-year profitability in the upcoming financial year, signaling stronger cost control and execution.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Quick commerce fashion startups promise delivery in hours but burn cash to chase shoppers

Quick commerce fashion startups promise delivery in hours but burn cash to chase shoppers

Venture-backed startups are trying to make fashion the next quick-commerce win, promising under-hour delivery in metro cities. But the model relies on steep discounts and deep cash burn to attract customers, while inventories are expensive and trends change fast. Investors remain optimistic about growth potential, yet long-term scalability is far from settled.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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