37% drop. Designer Salehe Bembury Launches Independent Footwear Brand SPUNGE, Declines Nike PartnershipInstagram/@salehebembury Designer Salehe Bembury, known for his work at YEEZY and Versace, has launched his own independent footwear brand, SPUNGE. The designer announced the news on Instagram, sharing a sneak peek of the brand’s first sneaker silhouette, the “Sponge.” Bembury also revealed that he turned down a major partnership with Nike to focus on building his own brand. The “Sponge” is set to release in 2026 and is already generating buzz for its unique design and sustainable materials. Supreme and Number (N)ine Team Up for Disney-Themed CollectionSupreme/@supremenewyork Streetwear giant Supreme has joined forces with Japanese label Number (N)ine for a new collection featuring iconic Disney characters. The collection includes a range of apparel and accessories, such as hoodies, t-shirts, and a Mickey Mouse-adorned skateboard deck. The collaboration pays homage to the beloved animated characters while incorporating Supreme’s signature streetwear aesthetic. The collection is set to release on October 22nd, both in-store and online.
Maria Grazia Chiuri Returns to Fendi as Chief Creative Officer
By Paola Mattioli
In a major shake-up in the fashion world, Maria Grazia Chiuri has been appointed as the new Chief Creative Officer at Fendi, taking over from Kim Jones. This news comes after the departure of Véronique Nichanian, who has held the position of Hermès Men’s Artistic Director for an unprecedented 37 years.
LVMH, the luxury conglomerate, has also reported its first quarterly organic growth in Q3 2025, indicating a potential turnaround in the struggling luxury market. This growth has been driven by a rebound in demand from Asia.
Véronique Nichanian Steps Down at Hermès as Men’s Artistic Director
By Pascal Le Segretain/Getty Images
After an incredible 37-year run, Véronique Nichanian is stepping down as Hermès Men’s Artistic Director. Her departure marks the end of an era in luxury menswear, as she is said to have the longest continuous creative directorship at a major fashion house. Nichanian’s timeless and sophisticated collections have been a defining feature of Hermès menswear, and she will be greatly missed.
LVMH Returns to Growth as Luxury Slump Shows Signs of Easing
By Julien De Rosa/Afp/Getty Images
The luxury market may be on the road to recovery, as LVMH has reported its first quarterly organic growth of the year. This is a positive sign for the industry, with revenues reaching over $21 billion USD. The Asian market and the Selective Retailing division (which includes Sephora) were major contributors to this growth.
Designer Salehe Bembury Launches Independent Footwear Brand SPUNGE, Declines Nike Partnership
By Instagram/@salehebembury
Designer Salehe Bembury, known for his work at YEEZY and Versace, has launched his own independent footwear brand, SPUNGE. In a bold move, Bembury turned down a major partnership with Nike to focus on building his own brand. The first sneaker from SPUNGE, the “Sponge,” is set to release in 2026 and is already generating buzz for its unique design and sustainable materials.
Supreme and Number (N)ine Team Up for Disney-Themed Collection
By Supreme/@supremenewyork
Streetwear powerhouse Supreme has teamed up with Japanese label Number (N)ine for a new collection featuring beloved Disney characters. The collection includes a range of apparel and accessories, all with a touch of Supreme’s signature streetwear style. Fans can get their hands on the collection on October 22nd, both in-store and online.
