From the latest acquisitions and announcements of new ambassadors to the upcoming fall campaigns — (in case you missed it) here’s what’s happening in fashion this week.

Tapestry acquires Capri

 

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Tapestry has finalized an impressive $8.5 billion deal to acquire Capri Holdings, ushering in a new era for affordable luxury handbags in the fashion industry. The merger brings together the esteemed brands Coach, Kate Spade, Stuart Weitzman, Michael Kors, Versace, and Jimmy Choo under one roof, forming a colossal entity worth $12 billion. This strategic move is the culmination of extensive negotiations and marks a significant stride towards establishing an American counterpart to global powerhouses like LVMH Moët Hennessy Louis Vuitton and Kering.

Dior announces K-Pop group TXT as ambassadors

The rising stars of Tomorrow X Together (TXT) have been named as the latest brand ambassadors for Dior. Spearheaded by Dior’s visionary artistic director Kim Jones, the talented members Soobin, Yeonjun, Beomgyu, Taehyun, and Hueningkai dazzled the audience with unique custom concert ensembles during their Lollapalooza music festival performance. Notably, this performance cemented their status as the first Korean group to headline the renowned music festival.

Kim Kardashian is the new face of Marc Jacob’s Fall campaign

 

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Kim Kardashian plays muse for Marc Jacob’s latest campaign. Kim is seen posing against an imaginative inflatable backdrop crafted by Playlab, dressed in a classic MJ puffer dress, carrying a statement leather bag.

YSL Beauty taps Austin Butler as its latest muse

 

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YSL Beauty proudly unveils Austin Butler as the Global Ambassador for their innovative fragrance, MYSLF, redefining modern masculinity. Recognized as one of the most lauded actors of his cohort, this emerging American talent has graced projects helmed by esteemed directors such as Quentin Tarantino, Baz Luhrmann, Jim Jarmusch, and now Jeff Nichols.

Bella Poarch headlines HUGO’s FW23 campaign

 

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Fronting the spotlight for the Fall/Winter 2023 campaign is Bella Poarch, while an exciting collaborative collection between HUGO and Bella Poarch is actively in the works. This captivating fusion of music’s dynamic spirit and the innate flair of personal style underscores HUGO’s resounding #HUGOYourWay philosophy.

Beyoncé wears Indian designer Gaurav Gupta

 

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Making waves on her Renaissance World Tour, Beyoncé dazzled in a tailor-made Gaurav Gupta Infinity Crystal Bodysuit combined with Crystal Legging Boots. Captured in a campaign shot, she lovingly cradles her son RZA, born in May 2022. Beyoncé exudes confidence in the collection’s standout piece, the alluring Bralette in sleek black caviar.

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Images: Instagram @yslbeauty, @gauravguptaofficial and @kimkardashian