older, thicker frames. The other two styles, the Meteor and the Wayfarer, are more modern, with the former featuring a sleek, angular design and the latter boasting a more traditional shape. The collection is available now on Ray-Ban’s website and select retailers. AMBUSH Reacquired by Founders from New Guards GroupAMBUSH Tokyo-based label AMBUSH, known for its bold jewelry and accessories, has been reacquired by its founders, Yoon Anh and VERBAL, from New Guards Group. The Italian fashion conglomerate, which also owns Off-White, Palm Angels, and Heron Preston, acquired a majority stake in AMBUSH in 2019. However, the founders have now bought back the shares and will continue to lead the brand independently. The move comes as New Guards Group is reportedly facing financial difficulties, with its parent company, Farfetch, announcing a $675 million USD write-down on the brand. Jil Sander to Open First Store in DubaiOTB Group Italian fashion group OTB, which owns brands like Jil Sander, Margiela, and Marni, is continuing to reevaluate its distribution strategy amid the pandemic. The group has announced that it will be opening the first-ever Jil Sander store in Dubai, marking the brand’s first standalone store in the Middle East. The store will be located in the Dubai Mall and is set to open in September. The move follows the opening of a Jil Sander store in Shanghai last year and is part of the brand’s expansion into new markets. Louis Vuitton Announces Cruise 2026 Show Location in Avignon, FranceLouis Vuitton On Monday, Louis Vuitton announced that its Cruise 2026 show will take place in Avignon, France. The show, which is set to take place on June 15, will be held at the Palais des Papes, a historic palace that was once the seat of the papacy. The announcement comes as the fashion industry continues to navigate the challenges of the pandemic, with many brands opting for digital presentations or postponing their shows altogether. However, Louis Vuitton is moving forward with its Cruise show, following in the footsteps of other luxury brands like Chanel and Dior who have also announced in-person shows for their Cruise collections.
In this week’s top fashion news, luxury conglomerates and heritage brands continue to make changes to their creative and distribution strategies amid economic uncertainty.
Jonathan Anderson Confirmed as New Creative Director of Dior Men
On April 17, LVMH officially announced that Jonathan Anderson will be taking over as the creative director of Dior Men, confirming long-standing rumors after his departure from Loewe. This move comes after Kim Jones’ departure from Dior in January, ending his seven-year tenure at the brand. Anderson’s first collection for Dior will debut in June.
LVMH Reports Disappointing Q1 Results
On Monday, LVMH shared its Q1 2025 report, revealing a 3% drop in sales to €20.3 billion EUR. This was below analysts’ expectations of 2% growth and reflects the ongoing sales slowdown in the industry. The fashion and leather goods division, which includes brands like Louis Vuitton and Dior, saw a 5% decline in sales. The company’s wine and spirits division also saw a 9% decrease, while perfume and cosmetics remained steady. The Trump administration’s tariffs have also contributed to the sluggish sales.
A$AP Rocky and Ray-Ban Launch “Blacked Out” Collection
Ray-Ban has teamed up with A$AP Rocky for the debut of their “Blacked Out” collection. The collection features three classic Ray-Ban styles with bold design updates and ultra black lenses. The collection is available now on Ray-Ban’s website and select retailers.
AMBUSH Reacquired by Founders from New Guards Group
Tokyo-based label AMBUSH, known for its bold jewelry and accessories, has been reacquired by its founders, Yoon Anh and VERBAL, from New Guards Group. The Italian fashion conglomerate acquired a majority stake in the brand in 2019, but the founders have now bought back the shares and will continue to lead the brand independently.
Jil Sander to Open First Store in Dubai
Italian fashion group OTB, which owns brands like Jil Sander, Margiela, and Marni, is opening the first-ever Jil Sander store in Dubai. This marks the brand’s first standalone store in the Middle East and follows the opening of a store in Shanghai last year. The store is set to open in September.
Louis Vuitton Announces Cruise 2026 Show Location in Avignon, France
Louis Vuitton has announced that its Cruise 2026 show will take place in Avignon, France on June 15. The show will be held at the historic Palais des Papes, despite the challenges of the pandemic. Other luxury brands, such as Chanel and Dior, have also announced in-person shows for their Cruise collections.
