These are the stories making headlines in fashion on Monday.

Glenn Martens to debut with Maison Margiela Haute Couture

Maison Margiela’s new creative director, Glenn Martens, will present his inaugural collection for the house during Haute Couture Week in Paris in July. “Under Glenn’s direction, couture will continue to ignite creativity for the brand and drive boundary-pushing designs,” Maison Margiela said in a statement shared with WWD. {WWD/paywalled}

Shiseido and Drunk Elephant report sales decline

Japanese cosmetics conglomerate Shiseido reported an 8.5% decline in net sales for Q1 of 2025, with Drunk Elephant posting significant losses (a 65% year-on-year sales drop). Other Shiseido-owned brands that experienced losses include Nars and fragrance brands Issey Miyake and Narciso Rodriguez. {Shiseido}

The U.S. and China agree to a 90-day tariff freeze

The U.S. and China have reached a temporary tariff agreement: The U.S. will lower tariffs on Chinese goods from 145% to 30%, while China will reduce its tariff rates on American imports from 125% to 10%. Said rates will be frozen for 90 days, allowing for further trade negotiations. Both parties are reportedly open to finding a permanent resolution, though analysts remain hesitant and uncertain about a long-term agreement. {WWD/paywalled}

Brands brace for tariff-induced inventory shortages

Brands that’ve been forced to ditch their Chinese manufacturers because of tariff hikes are expecting to deal with prolonged inventory shortages for the foreseeable future, reports Modern Retail. Most of these labels have been forecasted to run out of stock as early as summer. The recent U.S.-China trade agreement will help business owners resume shipment orders, however, experts are warning consumers to expect to see fewer goods (and higher prices) in the coming weeks. {Modern Retail}

Beauty brands are considering taking their manufacturing to Mexico

Amid uncertainty due to the Trump Administration’s tariff policy, beauty brands are looking at Mexico as a potential manufacturer. Though its manufacturing technology isn’t as advanced as China’s, it has comparable pricing and similar access to raw materials, components and packaging, reports Glossy. {Glossy/paywalled}

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