The Fashion News Wrap for the conclusion of 2025 highlights significant industry moves. Several top brands announced major deals and exciting new launches, contributing to a dynamic business landscape. This week’s Fashion News Wrap includes substantial business transactions and intriguing collaborations. Fashion trends continue their rapid evolution. Here is a roundup of the latest top fashion news in this comprehensive Fashion News Wrap.
Golden Goose Valuation and Ownership Shift
Golden Goose is entering a new era with a significant change in ownership. Chinese private equity firm HSG has acquired a majority stake, valuing the Italian sneaker brand at €2.5 billion. This substantial Golden Goose valuation marks a pivotal moment, as an initial public offering (IPO) was previously considered. Instead, the brand opted for a private sale, with Singapore’s Temasek and True Light Capital joining as minority investors. Funds managed by Permira, the current owner, will retain a stake, as will Carlyle as a minority shareholder. Silvio Campara will continue as CEO, and Marco Bizzarri will assume the role of non-executive chairman. This transition is geared towards ambitious growth and the brand’s pursuit of “next-generation luxury” and luxury retail expansion. Golden Goose has demonstrated impressive financial growth, with revenues increasing from €266 million in 2020 to €655 million in 2024, a performance that underpins its high Golden Goose valuation. The deal is slated for completion by the summer of 2026, heralding a fresh chapter for the acclaimed brand.
Drake’s NOCTA x Chrome Hearts Fashion News Wrap
Drake has unveiled a highly sought-after collaboration from his Nike NOCTA line with Chrome Hearts. This collection, a prime example of the latest Fashion News Wrap items, is exceptionally limited and artfully merges sportswear with high fashion. The standout piece is a puffer jacket, retailing for an impressive $39,000 USD. This jacket features a distinctive camouflage pattern composed of Chrome Hearts crosses, crafted from premium Italian leather. Sterling silver hardware, including dagger zippers and cross buttons, adds further luxury. The collection also extends to T-shirts and sweatshirts adorned with the signature cross-camo graphic. This particular Drake NOCTA Chrome Hearts collaboration represents the most expensive in NOCTA’s history, with availability extremely restricted, reportedly only through private channels and select Chrome Hearts flagship stores. This release underscores Drake’s influence in bridging high-performance wear and haute couture, creating a true collector’s item.
Luxury Retail Expansion and Flagship Openings
Luxury brands are actively pursuing luxury retail expansion. Saint Laurent has opened a new flagship store on Paris’s prestigious Avenue Montaigne, offering an intimate retail experience that embodies “sculptural clarity” across its three floors, featuring curated furniture and art. Furthermore, Saint Laurent launched another Rive Droite flagship in Beijing’s Sanlitun district, designed as a multidisciplinary hub blending fashion, art, and design. WOOYOUNGMI also celebrated the opening of a significant new flagship in Seoul’s Itaewon district. This striking, monolithic structure spans four floors and includes a lounge area and a rooftop garden, following their earlier Paris flagship opening. These strategic expansions reflect strong brand confidence and a focus on creating immersive customer experiences, a key theme in our Fashion News Wrap.
Jaguar’s Electric Vehicle Shift
Jaguar is marking a significant turning point by concluding its era of internal combustion engine (ICE) vehicle production. The final ICE vehicle, an F-Pace SUV, has rolled off the Solihull production line, bringing an end to 90 years of ICE manufacturing. Jaguar is now fully committed to an all-electric future, with new electric models anticipated by mid-2026. The final F-Pace SVR will be preserved for the Jaguar Heritage Trust. This transition aligns with the broader industry trend of an electric vehicle shift, as many automotive manufacturers pivot towards electrification.
Movie Merchandise Fashion and Sneaker Releases
Movie merchandise is making a notable impact in the fashion sphere. A24’s film “Marty Supreme” has generated significant buzz, prompting Golf Wang, Tyler, the Creator’s brand, to release a collection of 1950s-inspired pieces, including bowling shirts and graphic tees. Nahmias also contributed jackets for the film, with these items experiencing high demand at pop-ups and quickly becoming collector’s items. In footwear, Nike is preparing for the release of the Nike Structure 26 in “Black/Volt” on January 1, 2026, priced at $165. This shoe offers stability and a refreshed design, featuring an upper with a technical grid pattern and vibrant volt accents, a detail worth noting in this Fashion News Wrap.
Latin American Fashion Trends
The global fashion scene is increasingly celebrating Latin and Brazilian talent, a highlight of this Fashion News Wrap. 2025 has seen notable achievements, with designers like Willy Chavarria and Raul Lopez (LUAR) receiving accolades at the Latin American Fashion Awards (LAFA). Latin American fashion trends, particularly from Brazil, are emphasizing sustainability, vibrant prints, and boho chic styles. The rise of gender-neutral designs also signifies a growing inclusivity within the region’s fashion landscape, showcasing its unique cultural contributions.
A Week of Diverse Fashion News
This week has offered a rich tapestry of fashion news. Significant business deals have reshaped the industry, celebrities have launched highly coveted collaborations, and brands have expanded their global retail footprints, further contributing to luxury retail expansion. Automotive giants have made historic shifts towards electrification, and movie merchandise has created a considerable buzz. Emerging designers and evolving trends have also captured attention, all part of this week’s comprehensive Fashion News Wrap. The fashion world remains dynamic and ever-evolving, with these top trending fashion news stories setting a compelling stage for the year ahead.
