
09/08/2025
5 key luxury headlines this week.
A curated roundup of the biggest stories shaping the industry:
1. Armani Convicted for Misleading Practice
Armani has been fined €3.5 million by Italy’s Competition Authority for portraying ethical, socially responsible manufacturing practices that contradicted actual conditions in its supply chain. The brand has appealed the ruling. Dior, in a similar investigation, was cleared, although it still funded victim support.
2. New US Customs Duties Take Effect
As of August 7, 2025, the US has imposed tariffs ranging from 10% to 55% on imports from 69 countries—raising average duties from 2% to 17.3%. Luxury industry players and exporters face mounting pressure amid the shift toward protectionist trade policies.
3. LVMH Names New CEO for Vins d’Exception
Mathieu Jullien, previously marketing director under Moët Hennessy, is now CEO of the newly established LVMH Vins d’Exception division, which houses prestigious estates like Château d’Yquem and Château Cheval Blanc. His appointment underscores a long-term heritage-driven strategy.
4. Miu Miu Tops Lyst Luxury Ranking Again
Miu Miu has reclaimed the No. 1 spot in Lyst’s Q2 2025 ranking of most popular luxury brands, dethroning Loewe. Based on shopper behavior, search data, social engagement, and media buzz, the ranking underscores how fast fashion leadership can shift.
5. Zegna Launches Strategic Expansion & Sustainability Drive
Amid mixed half-year results, Zegna unveiled several bold moves: Singaporean fund Temasek took a 10% stake, Thom Browne got a new CEO, and the group launched “Oasi Zegna Global Initiatives,” reinforcing its commitment to sustainability and growth.
Which news impacts the luxury industry the most? Tell us your thoughts below.