Fashion World News

After his first 100 days as chief executive officer of Chalhoub Group, Michael Chalhoub joined Imran Amed, BoF’s founder and chief executive officer, at BoF CROSSROADS in Dubai — to discuss the state of luxury in the MENA region and the strategic next steps for the third-generation Chalhoub leader. from The Business of Fashion https://ift.tt/aqjbXBK

Employee development across business functions and regions is core to the global luxury brand’s culture — to foster its in-house talent from the retail environment for head office roles. BoF sits down with three Aesop employees across North America, all of whom started within an Aesop store, to learn more about their growth at the business. from The Business of Fashion https://ift.tt/2WS16jM

Hermès, Chanel and Louis Vuitton are among the luxury megabrands that have largely remained quiet amid a flood of viral TikToks falsely suggesting their bags are made in China. from The Business of Fashion https://ift.tt/tai2Kbc

The groundbreaking editor, who died last week at the age of 90, helped pioneer the Italian fashion sector, writes Angelo Flaccavento. from The Business of Fashion https://ift.tt/K1D9oce

Oddity now expects full year revenue to land between $790 million and $798 million, with an adjusted EBITDA of between $157 million and $161 million. from The Business of Fashion https://ift.tt/aX9Phgo

The sportswear company is assembling executives and designers to operate the new brand with Skims, with plans to release its first womenswear collection this spring. from The Business of Fashion https://ift.tt/UtrWxgo

The German startup aims to build a demonstration plant capable of recycling clothes made of polyester and cotton blends. from The Business of Fashion https://ift.tt/MlIQfsC

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion and beauty talent. from The Business of Fashion https://ift.tt/ZBFhV1v

Community is too often reduced to a buzzword, but when cultivated correctly, it can be one of fashion’s most powerful means for engaging customers and building loyalty, particularly in times of economic uncertainty. This case study looks at examples of brands that have successfully created thriving fan communities and their approaches to creating lasting and rewarding relationships with their customers. from The Business of Fashion https://ift.tt/i2V6UIC

Purchasers of Nike-themed cryptocurrency assets said they suffered significant losses when the company abruptly closed its RTFKT unit in December. from The Business of Fashion https://ift.tt/2kaxLbi

For women’s clothing the average rise was 8 percent, but some items saw much more substantial price rises. from The Business of Fashion https://ift.tt/L1yQKbo

A busy stretch of economic data and earnings will offer a clearer picture of how Trump’s trade war is affecting the industry. from The Business of Fashion https://ift.tt/TGkWv8x

The viral Conner Ives-designed shirt has been worn by musician Troye Sivan and actor Pedro Pascal; its sales have raised £380,000 for Trans Lifeline with “that figure going up by the hour.” from The Business of Fashion https://ift.tt/zj8rv3l

As the de minimis loophole is set to close in the US, the fate of fast-fashion purveyors Shein and Temu, who announced price increases effective today, hangs in the balance. from The Business of Fashion https://ift.tt/wpMjnDR

The New York-based brand management company is considering launching a rival takeover bid for American clothing company Guess? Inc. from The Business of Fashion https://ift.tt/Yaz5heC

The work of legendary English photographer David Bailey will get a major exhibition in Spain this summer at Inditex chairperson Marta Ortega Perez’s MOP Foundation. “David Bailey’s Changing Fashion,” which opens June 28 in A Coruña, where Zara owner Inditex is headquartered, will feature more than 140 works from the photographer’s archive, including several pieces on public view for the first time. from The Business of Fashion https://ift.tt/Y5IZ2L8

Several vendors are alleging the fast-fashion brand’s US operator requested heavy discounts on orders and took delivery of shipments shortly before filing for bankruptcy without disclosing its plans to reorganise. from The Business of Fashion https://ift.tt/8m06hRq

At BoF CROSSROADS 2025 in Dubai, Imran Amed, BoF’s founder and CEO, sat down with Khalid Al Tayer, CEO of luxury e-commerce platform Ounass, to unpack his strategy for success when launching a global brand in the Gulf. from The Business of Fashion https://ift.tt/W2nfIpJ

The department store chain, which now encompasses Neiman Marcus stores and Bergdorf Goodman, will eliminate hundreds of jobs in consolidation and cost-saving efforts. from The Business of Fashion https://ift.tt/drntKDj

More fake goods are making their way onto luxury e-commerce sites amid a rise in returns fraud. Rather than building an expensive authentication system, retailers are finding alternative measures to identify shady customers and maintain consumer trust. from The Business of Fashion https://ift.tt/QliKztm

A US appeals court revived a data privacy class action suit against Shopify Monday, stating the Canadian e-commerce company can be sued in California for collecting personal identifying data from its consumers. from The Business of Fashion https://ift.tt/iw8sNgz

Brands like Warby Parker and Glow Recipe are thriving with two leaders at the top — but experts caution the model only works when the market conditions are right, roles are clearly defined and egos stay in check. from The Business of Fashion https://ift.tt/itqJW6c

Kering reports results as its struggling brands weigh whether to raise prices to compensate for tariffs. Meanwhile, Shein and Temu plan to hike on Friday. from The Business of Fashion https://ift.tt/ahHUSrp

A coalition of nonprofits has lodged a complaint with the European Ombudsman, arguing an ongoing regulatory rollback is “undemocratic, untransparent and rushed.” from The Business of Fashion https://ift.tt/WIagT6U

The experimental drug, orforglipron, led to weight loss of nearly 8 percent at the highest dose, besting Wall Street expectations and sending Lilly’s shares up. from The Business of Fashion https://ift.tt/vbtpwXs

How cynics and shoppers came around to a glitter-infused makeup line, and why it’s now beating everyone — including Rare Beauty — at the Instagram metric game. from The Business of Fashion https://ift.tt/nL0O6uf

A federal judge has ruled that Google illegally monopolised some online advertising technology markets, the latest antitrust setback for the company and a challenge to its main source of revenue. from The Business of Fashion https://ift.tt/Yf5tZ4j

The New York and Beijing-based studio has joined the global communications giant, bringing The Independents’ cross-functional roster to 18 agencies. from The Business of Fashion https://ift.tt/vED5VCR

The Italian fashion group received a boost from solid performance in retail and wholesale channels. from The Business of Fashion https://ift.tt/FGu1Dsc

President Trump’s sky-high tariffs on China, along with the end of the de minimis tax loophole, have left American fashion businesses scrambling. BoF unpacks the challenges ahead as companies try to navigate the situation. from The Business of Fashion https://ift.tt/QmDwdpj

Chinese creators claiming to manufacture for luxury brands have gone viral on the platform, offering cut-price ‘dupes’ in response to Trump’s punitive tariffs on the country. from The Business of Fashion https://ift.tt/7owp2l0

In its first-quarter earnings, the German beauty giant reported that sales increased 3.6 percent to €3 billion, with the affordable skincare brands Aquaphor and Eucerin growing 11.4 percent. from The Business of Fashion https://ift.tt/RSAPZgy

Hermès International SCA’s valuation reached €243.65 billion ($276.3 billion) on Tuesday, briefly crossing the €243.44 billion of LVMH Moët Hennessy Louis Vuitton SE and catapulting it into the most valuable company on France’s benchmark CAC40 index. from The Business of Fashion https://ift.tt/Tqc1CUb

The Puig-owned label is returning to the Paris ready-to-wear calendar after a decade of showing only couture, and tapping Dutch creator Lantink to design both lines. from The Business of Fashion https://ift.tt/26d8aMR

Chinese influencers have taken to TikTok to encourage American consumers to buy directly from China, in light of President Trump’s 145 percent levy on the leading manufacturing country. from The Business of Fashion https://ift.tt/10GRu8b

Once synonymous with power and elegance, high heels are adapting to new consumer values. As ballet flats, Mary Janes and kitten heels continue to rise in popularity, brands are shifting their focus to comfort and inclusivity, crafting narratives that speak to evolving ideas of femininity. from The Business of Fashion https://ift.tt/gy6smD8

A committee of unsecured creditors to Forever 21’s US arm is investigating the fast fashion retailer’s deals prior to its Chapter 11 filing, including JCPenney’s acquisition of its parent Sparc Group. from The Business of Fashion https://ift.tt/swBpfLN

The luxury conglomerate’s earnings will provide a window into how the sector’s biggest brands are expecting the rest of 2025 to go. from The Business of Fashion https://ift.tt/9nlzc6s

Hairdressers and aestheticians report clients are opting for less expensive services and stretching out the time between appointments, according to a Bloomberg report. from The Business of Fashion https://ift.tt/L87Skwz

Fast Retailing Co. raised its full-year forecast after reporting better-than-expected fiscal first-half profit. from The Business of Fashion https://ift.tt/TSlyqAK

Designer Sabyasachi Mukherjee, entrepreneur and podcast host Anas Bukhash and Saudi Arabia’s Princess Noura Bint Faisal Al Saud and more discuss the opportunities in the industry’s most exciting emerging markets. from The Business of Fashion https://ift.tt/YyRg9um

At Milan Design Week, BoF and Marriott International’s Luxury Group co-hosted a panel discussion on the evolving demands of luxury customers and on building brand staying power in 2025. Now, BoF shares insights from the panel, featuring Marriott International’s president of luxury Tina Edmundson, Dimorestudio co-founder Britt Moran and BoF’s founder and CEO Imran Amed. from The Business of Fashion https://ift.tt/rGHEK3w

Prada SpA is nearing final approval to acquire Versace from Capri Holdings Ltd. for €1.25 billion ($1.4 billion), Bloomberg reported. from The Business of Fashion https://ift.tt/Jv8HGYr

The grassroots trend is indicative of consumer cravings for more curation, uniqueness and personality when it comes to buying clothes. from The Business of Fashion https://ift.tt/cynJDjX

The heightened duties will take effect shortly after midnight, in sharp contrast to the talks that have begun between the Trump Administration and other trading partners. from The Business of Fashion https://ift.tt/DKBZFOA

From Ugg to Milani to True Religion, popular early-aughts brands are leaning into “newstalgia” — striking a balance between reminding consumers of their glory days and offering something fresh to stay relevant across generations. from The Business of Fashion https://ift.tt/PkZucQt

President Donald Trump threatened to slap additional 50 percent import taxes on China in retaliation against China’s raised reciprocal tariffs on US goods, further escalating the trade war. from The Business of Fashion https://ift.tt/PyWmITk

After a few high-profile failures, influencer-founded brands faded from the spotlight at the start of the decade. Now, a new generation is rising — but is determined to chart a different course from its predecessors. from The Business of Fashion https://ift.tt/cpZqAWQ

From farmers to designers, the entire supply chain will be hit — but it is unclear what duties apply to a finished product. from The Business of Fashion https://ift.tt/0wCJFS7

A takeover valuing Versace at 1 billion euros, one third lower than expected, could be announced on Thursday, according to Italian media reports. from The Business of Fashion https://ift.tt/GZK1mS8

The downturn in demand for luxury fashion hasn’t stopped major brands from making a splash at Milan’s Salone del Mobile design fair. from The Business of Fashion https://ift.tt/GwrTc1n

There’s no escaping the import duties, which were far more wide ranging and severe than anticipated. After the initial panic subsides, the hard work of adapting to the new regime begins, writes Imran Amed. from The Business of Fashion https://ift.tt/Y0Aqgfe

Shares in companies with large manufacturing operations in Vietnam, including Nike and Lululemon, soared Friday after President Trump announced he’d had a “very productive call” with Vietnamese leader To Lam. from The Business of Fashion https://ift.tt/cMiWUN3

As Trump hits Bangladesh with a 37 percent tariff, India may have gained an economic advantage. from The Business of Fashion https://ift.tt/DjwR8o0

Shares in Nike, Adidas and Puma plummeted after Vietnam, the second-biggest apparel exporter to the US, was hit with a 46 percent tariff rate. from The Business of Fashion https://ift.tt/Om273DE

The Dutch designer, who has become known for his exaggerated silhouettes and upcycled creations will receive a cash prize of AU$300,000 ($126,000). from The Business of Fashion https://ift.tt/2coeGQh

The e-commerce giant sent its proposal in a letter to Vice President JD Vance, but the offer is allegedly not being considered seriously by the Trump administration. from The Business of Fashion https://ift.tt/TY1On8K

The decision would reinstate President Trump's February decision to end duty-free entry for cheap Chinese goods entering the US. from The Business of Fashion https://ift.tt/0dRHzub

The former Vogue fashion market and collaborations director is a major hire for editor-in-chief Sarah Ball. from The Business of Fashion https://ift.tt/41BsPIi

Just a few years ago, designer sneakers were an “it” item driving huge sales. Today the situation has changed, though they still have their place in luxury’s arsenal. from The Business of Fashion https://ift.tt/1JTB0v3

President Trump will consider a final proposal for the sale of TikTok by ByteDance on Wednesday, CBS News reported. from The Business of Fashion https://ift.tt/RwPekZJ