April 2025 has been a transformative month in the fashion world, featuring Prada’s acquisition of Versace, key creative appointments at Dior Men and Jean Paul Gaultier, as well as notable retail openings and corporate restructurings that signal renewed growth and innovation.
April 2025 has marked a pivotal month in the fashion industry, characterized by landmark acquisitions, strategic brand expansions, key leadership appointments, and notable retail developments across luxury and high street sectors.
One of the most significant business moves was Prada’s acquisition of Versace for $1.375 billion (£1.06 billion), marking a major consolidation in the luxury fashion sector. In addition, LVMH’s chairman Bernard Arnault announced that Jonathan Anderson, formerly of Loewe, will take over as Creative Director at Dior Men. Anderson is set to present his inaugural collection during Paris Fashion Week in June, signalling a new creative era for the prestigious menswear line. Meanwhile, Jean Paul Gaultier named Dutch designer Duran Lantink as its first permanent Creative Director since the founder’s 2020 departure, entrusting him to lead both couture and ready-to-wear collections.
LVMH also made internal executive promotions, appointing Ramon Ros as CEO of Fendi effective 1 July and Charlotte Coupé as CEO of Kenzo from 1 May. Kontoor Brands, owner of Wrangler and Lee, appointed Jamie Givens as Managing Director for EMEA to drive growth in the region. Victoria’s Secret named Adam Selman, formerly Chief Design Officer at Savage X Fenty, as Senior Vice President and Executive Creative Director amid a continued brand rebrand.
Retail movements have been a highlight of the month as well. Dries Van Noten opened its first standalone store in London’s Hanover Square, housed in a former bank transformed into a two-floor retail space blending historical and modern design elements. French Connection expanded its outlet presence with a new store in Scotland’s Caledonia Park, featuring a minimalist design showcasing women’s wear and accessories. New Balance relaunched its Oxford Street flagship with an immersive retail concept focusing on community and storytelling.
Other retail openings include British lifestyle brand FatFace unveiling a new outlet on the Isle of Man, Anya Hindmarch launching a seaside-themed pop-up called “Anya’s Dive Shop” in Chelsea, and Monica Vinader opening its first UK boutique in Manchester on King Street from 2 May. Pull&Bear relocated and expanded its Oxford Street flagship to a 14,972 sq ft site, presenting a digitized and minimalist store environment. Activewear brand TALA entered Chelsea for the first time with a four-week pop-up at Anthropologie on King’s Road.
In addition to these openings, T.M. Lewin made a significant return to the high street after a five-year absence, following financial difficulties. The menswear brand expressed optimism on social media: “We cannot wait to welcome you to our first retail store after a challenging 5 years. The best is yet to come…”
On the corporate side, Mytheresa completed its acquisition of parent company YOOX NET-A-PORTER Group (YNAP), creating a new global online fashion powerhouse called LuxExperience. As part of this restructuring, Mr Porter’s founding team, including Toby Bateman and Jeremy Langmead, have reunited to bolster the menswear platform. The John Lewis Partnership also confirmed Andy Mounsey as CFO on a permanent basis after serving in an interim capacity since autumn 2024.
TheIndustry.fashion also provided insights through interviews and features this month, including discussions on Topshop’s revival strategy, Gymshark’s retail expansion, the future of sustainable fashion, and the impact of geopolitical conflicts on the industry.
In summary, April 2025 has been marked by transformative acquisitions, new creative leadership, exciting retail expansions, and strategic appointments that signal evolving priorities and renewed growth ambitions in the global fashion landscape.
Source: Noah Wire Services
- https://www.reuters.com/markets/deals/italys-prada-agrees-buy-fashion-rival-versace-2025-04-10/ – This article reports on Prada’s acquisition of Versace for $1.375 billion, marking a significant consolidation in the luxury fashion sector.
- https://www.apnews.com/article/9bef87f68bd80f00d379d4b3628f60ad – This article details Prada’s agreement to acquire Versace from Capri Holdings in a $1.4 billion deal, highlighting the strategic move in the luxury fashion industry.
- https://www.devdiscourse.com/article/business/3307107-donatella-versace-steps-down-a-new-era-for-versace-with-prada-acquisition-looming – This article discusses Donatella Versace stepping down after nearly 30 years as Versace’s main designer, amidst talks of the brand’s sale to Prada.
- https://www.wbtv.com/2025/04/11/prada-agrees-buy-rival-fashion-house-versace-14-billion-deal/ – This article reports on Prada’s agreement to acquire Versace for $1.4 billion, emphasizing the strategic significance of the deal in the luxury fashion market.
- https://www.reuters.com/markets/deals/italys-prada-agrees-buy-fashion-rival-versace-2025-04-10/ – This article reports on Prada’s acquisition of Versace for $1.375 billion, marking a significant consolidation in the luxury fashion sector.
- https://www.devdiscourse.com/article/business/3307107-donatella-versace-steps-down-a-new-era-for-versace-with-prada-acquisition-looming – This article discusses Donatella Versace stepping down after nearly 30 years as Versace’s main designer, amidst talks of the brand’s sale to Prada.
- https://news.google.com/rss/articles/CBMitAFBVV95cUxNbmpQNzh2MnZRdDhjREZqNGlmQ1JOSWh4dHdveGhHVzJEcWxUNHJsN0tKdzZtUWxXWDZUSlJBZ1loWUthaW01bmt3bm5VamUwVTd2aWdheEpUc3YtNzJER1Uzd1M5QnhQUlNGVlViVlJ3b295RlJTN1BnM0lBMU1iYnN2b3ZiMzd0dEg4dW94S1VuaFVOUUJidUl2U2d2RTRwOXpmbXhzYlQzVWhiaDBGbE1OYk4?oc=5&hl=en-US&gl=US&ceid=US:en – Please view link – unable to able to access data
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
9
Notes:
The narrative discusses several recent events and appointments from April 2025, indicating a high level of freshness. However, no specific sources are cited for these events, which could be a weakness.
Quotes check
Score:
10
Notes:
There are no direct quotes in the narrative to verify.
Source reliability
Score:
6
Notes:
The narrative originates from a news aggregation site, which does not provide specific authorship or publishing details. This reduces its reliability compared to established news sources.
Plausability check
Score:
8
Notes:
The claims are plausible regarding recent fashion industry developments. However, specific details, such as the impact on geopolitical conflicts, lack detailed evidence and would require further verification.
Overall assessment
Verdict (FAIL, OPEN, PASS): OPEN
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The narrative is likely based on recent events due to its freshness and plausible claims, but its source reliability is uncertain. Without direct quotes to verify and some lack of evidence for specific points, the overall assessment remains open.