Fashion World News

An Italian union is seeking to hold Richemont legally accountable for alleged workers’ rights violations at a Montblanc supplier, as scandals linking brands like Dior, Armani, Valentino and Loro Piana to sweatshops draw more scrutiny to the sector’s sourcing practices. from The Business of Fashion https://ift.tt/5ArSjh2

Shein Group Ltd.’s net income rose to over $400 million and revenue was almost $10 billion in the first quarter. from The Business of Fashion https://ift.tt/2BX30Hd

The Italian luxury group said it had put in place a plan to revive sales and relaunch its brand. from The Business of Fashion https://ift.tt/wM3G8NY

A 25 percent levy on Indian imports, the promise of deals for Thailand and Cambodia and a rollback on all duty exemptions for small packages were among the last minute announcements. from The Business of Fashion https://ift.tt/ckBYm7y

As the luxury watch sector experiences shifting consumer preferences and market contraction, brands are seeking new paths to relevance and growth. Here, BoF speaks with Benjamin Arabo, chief executive officer of Jacob & Co., to understand how the American company is evolving its efforts to disrupt traditional watchmaking. from The Business of Fashion https://ift.tt/7zPXcg5

The French leather goods giant said it would fully pass on the effects of tariffs to its clients in the US, where it raised prices by an additional 5 percent this year. from The Business of Fashion https://ift.tt/cK60TbC

The handbag brand is rolling out dozens of cafés across US outlet malls, offering branded lattes, merch and a reason for young shoppers to linger longer in stores. from The Business of Fashion https://ift.tt/CksjIOh

Kim Kardashian’s Skims launches shapewear for the face after announcing beauty ambitions earlier this year. from The Business of Fashion https://ift.tt/IgKXmsd

The lingerie giant used an Instagram teaser to announce that its glitzy fashion show will be back on the runway for the second year in a row following a hiatus. from The Business of Fashion https://ift.tt/1RyVgP4

As tariff shifts and geopolitical tensions complicate international trade, Swap — an e-commerce operating system that centralises cross-border operations — is emerging as a strategic ally for DTC brands pursuing global expansion. BoF sits down with co-founder and CEO Sam Atkinson to learn about his vision for unified commerce. from The Business of Fashion https://ift.tt/mzuNHE5

Moeller, who had been at the helm since 2021, will transition into role of executive chairman at the Tide maker, P&G said. from The Business of Fashion https://ift.tt/G4dDcnT

Europe powered the increase, while results in North America were held back by tariffs and a falling dollar. from The Business of Fashion https://ift.tt/x7yukcv

Five years after exiting the activewear label she founded in 2013, Haney will rejoin Outdoor Voices as ‘founder, partner and co-owner’ after spearheading its rebrand this year. from The Business of Fashion https://ift.tt/yEQzhJR

The duties, set to take effect Aug. 1, will impact major fashion players. from The Business of Fashion https://ift.tt/0rL1G2V

Sweeping new tariffs are set to take effect Aug. 1. Even if last-minute deals are struck, the fallout — from rising prices to businesses exiting the US market — will be long-lasting. from The Business of Fashion https://ift.tt/IkES7M8

The group has been discussing deals with parties including Authentic Brands, Bluestar Alliance and WHP Global, the Wall Street Journal reported on Friday. from The Business of Fashion https://ift.tt/WvJLh8M

The new creative director of Jean Paul Gaultier sits down with BoF’s Imran Amed to share his personal fashion journey and how he’s thinking about stepping into the role of creative director at an iconic fashion brand. from The Business of Fashion https://ift.tt/bYketSa

Maison Kitsuné is, once again, stepping away from its physical retail locations in the United States to refocus the business on its new brand strategy. from The Business of Fashion https://ift.tt/Ll8mtKA

Shares dropped 18 percent after the company announced it expects a decline in annual sales and a loss for 2025. from The Business of Fashion https://ift.tt/hNPprG0

Public relations has historically been a competitive, cutthroat sector, especially in fashion. But the new generation of independent PR firms are banding together to share their expertise and compete in the age of agency consolidation. from The Business of Fashion https://ift.tt/ozEvpme

Deckers has been rapidly expanding its international presence, in an effort to counter choppy US demand after several years of strong growth. from The Business of Fashion https://ift.tt/5UdrhN1

BoF sits down with Kerzner International CEO Philippe Zuber to learn how its array of ‘ultra-luxury’ offerings across its hotel brand portfolio — One & Only, Siro, Atlantis and Rare Finds — is building a deeper connection with ultra-high-net-worth guests to meet their evolving needs. from The Business of Fashion https://ift.tt/3SVrNQF

The fragrance manufacturer and distributor cited a perfect storm of macroeconomic headwinds, tariffs and the discontinuation of its Dunhill license for its mixed results. from The Business of Fashion https://ift.tt/naLNCTk

The viral “Pay Us” tees worn by players such as Caitlin Clark and Napheesa Collier have become an effective tool in a broader effort to show the league what its stars are worth. from The Business of Fashion https://ift.tt/ezqCubh

The rise of social media algorithms that endlessly select and serve up digital content — whatever triggers a dopamine buzz in our brains — has rewired the luxury fashion industry. Is feeding the feed good for business? from The Business of Fashion https://ift.tt/dl4Ogw7

The retailer’s stock price soared 38 percent to close at $14.34 after a wild day of trading that saw the shares more than double at an intraday peak. from The Business of Fashion https://ift.tt/UPi953I

September’s edition of NYFW will see Alexander Wang return, as well as appearances from Europe-based Cos, Off-White and Toteme. from The Business of Fashion https://ift.tt/bDqPxOp

The struggling retailer has proposed swapping all of its $2.2 billion in 11 percent bonds due in 2029 for a combination of securities with the same interest rate and maturity, but lower principal. from The Business of Fashion https://ift.tt/CqBYVXK

The King’s Gallery at Buckingham Palace will play host to the exhibition, which opens next spring. from The Business of Fashion https://ift.tt/O6M8nTX

Online sales of used goods in the country will hit $6.4 billion in 2025, according to a new Amazon-backed report. from The Business of Fashion https://ift.tt/ID4BXQq

Fragrance may be booming, but the premium category has cratered compared to high-end niche perfumes and affordable body and hair mists that have become an expansion focus for brands. from The Business of Fashion https://ift.tt/eV9Wn4Y

The UK Health Security Agency said dozens of poisonings, linked to unlicensed Botox-like injections, have been reported across England. from The Business of Fashion https://ift.tt/OtyJ4QM

LVMH is expected to report another quarter of falling sales. With a creative revamp underway at Dior and new management in place at Moët Hennessy, the group’s biggest and most profitable brand is facing scrutiny. from The Business of Fashion https://ift.tt/aRMTxWj

An asylum seeker deported from the US to the notorious El Salvador prison, Hernández Romero was identified arriving in Venezuela as part of a prisoner swap. from The Business of Fashion https://ift.tt/jvrO86y

The founder of fashion rental platform CaaStle was charged by federal prosecutors Friday. from The Business of Fashion https://ift.tt/5IPOf6x

Designer Jérôme Mage speaks to Imran Amed about how he built a cult luxury eyewear brand rooted in scarcity, storytelling and craftsmanship — and why having an outsider’s perspective is his greatest creative strength. from The Business of Fashion https://ift.tt/KGnMFlr

In New York, leaders from VF Corp, Ugg and more joined BoF Insights, The Business of Fashion’s data and advisory team, to explore a new AI-powered social listening analysis on how challenger sportswear brands are outrunning the competition. from The Business of Fashion https://ift.tt/gLlcXD1

The jeweller bungled the release of a coveted Nautilus timepiece, alienating some customers and fracturing its relationship with Patek Philippe. from The Business of Fashion https://ift.tt/lOWT2Vf

Despite challenges, Frasers said its ‘long-term ambitions for the luxury business remain unchanged.’ from The Business of Fashion https://ift.tt/MfsiLNk

From ‘Smurfs’ to ‘Jurassic World Rebirth’, big-budget films are an increasingly popular marketing tie-in for beauty companies — especially when their founder is also a star. from The Business of Fashion https://ift.tt/80aHTef

President Donald Trump has dialed down his confrontational tone with China in an effort to secure a trade deal with the world’s second-largest economy. from The Business of Fashion https://ift.tt/A2G4lNR

Michelle Ngonmo’s talent incubator, founded in Italy in 2015, platforms and supports BIPOC fashion talent and creatives while building bridges between hubs in Cameroon, Rwanda and Ghana to fashion capitals like Milan, and soon, Paris. BoF sits down with Ngonmo to explore the association’s mission and impact. from The Business of Fashion https://ift.tt/gx4yZtq

The US Bureau of Labor Statistics’ latest inflation report showed an uptick in apparel prices for the first time since President Donald Trump announced sweeping tariffs two months ago. from The Business of Fashion https://ift.tt/tpACDKy

Indonesia also agreed to purchase $15 billion in US energy, $4.5 billion worth of agricultural products and 50 Boeing Co. jets, “many of them 777’s,” Trump said later on social media. from The Business of Fashion https://ift.tt/7fjVhLS

This week’s round-up of global markets fashion business news also features Japanese resale giant Valuence, Brazilian footwear exports and the disaster facing Lesotho’s denim workers. from The Business of Fashion https://ift.tt/JVgxsec

L’Oréal, Nivea and Neutrogena are rolling out new environmental labelling in a bid to stay ahead of anti-greenwashing regulations and give them an edge with consumers. from The Business of Fashion https://ift.tt/VQIwgeA

LVMH’s high-end Italian cashmere firm cultivated unassailable luxury credentials with its commitment to quality and craft. According to Italian prosecutors, thousands of its cashmere jackets were made in illegal, Chinese-owned workshops on the outskirts of Milan. from The Business of Fashion https://ift.tt/Bt9gYQC

With sustainability regulations tightening and deadlines for manufacturing reforms approaching, bio-design firm Modern Meadow is optimising for the shift towards responsible sourcing. BoF sits down with its chief executive officer, David Williamson, to discuss how the company’s biofabrication technologies can supplement the leather industry. from The Business of Fashion https://ift.tt/wDWpF4k

Hotel Banke is the Inditex founder’s second Parisian property acquisition in the past year. from The Business of Fashion https://ift.tt/ow6asMn

This is the third cyberattack against LVMH in recent months, following data breaches in Louis Vuitton Korea and Christian Dior Couture. from The Business of Fashion https://ift.tt/AQCKn60

The Swiss owner of Cartier, Van Cleef & Arpels and other brands has avoided the luxury slump. Sluggish watch sales and local competition in China threaten to spoil the party. from The Business of Fashion https://ift.tt/k9L0rYz

Michael Rider’s debut at Celine, Glenn Martens’ first Margiela couture show and Jonathan Anderson’s reinvention of his own brand were among the signs in Paris that luxury is ready to open a new creative chapter, writes Imran Amed. from The Business of Fashion https://ift.tt/xskYdBh

The US retailer’s surprise buyout of the London-based upmarket chain is in line with its recent business overall, which puts global expansion at the core of future growth. from The Business of Fashion https://ift.tt/0dtzMJO

21-year Nike veteran Aaron Cain will take the reins at Converse in Boston. from The Business of Fashion https://ift.tt/NzeaUWQ

The sale at Sotheby’s in Paris broke the global record for most valuable handbag ever sold at auction. from The Business of Fashion https://ift.tt/Nd0gcv8

This week’s round-up of global markets fashion business news also features Nykaa’s Hong Kong investor, Reliance Retail in India and Nigeria’s mooted textile hub. from The Business of Fashion https://ift.tt/iS4O1BK

Alison Bringé, chief marketing officer at Launchmetrics, Nicole Baum, global head of marketing at Moschino, and Carlota Rodben, founder of Beyond Luxury Group and co-founder of Memora, share their insights on building culturally fluent partnerships — leveraging micro-creators and combining qualitative signals with performance data to drive brand impact. from The Business of Fashion https://ift.tt/dvfbEjc

His Artisanal debut at Maison Margiela was a gust of something — not so much fresh air as major food for thought, writes Tim Blanks. from The Business of Fashion https://ift.tt/hgQsqAC

The luxury retailer’s credit rating is now CC — 10 rungs beneath investment grade — a demotion that ‘reflects our view that the proposed financing transaction is tantamount to a default,’ S&P said. from The Business of Fashion https://ift.tt/9nJuH3c

Chanel at 110, Armani at 91, Me at Midnight: Tuesday in Paris was that kind of day. from The Business of Fashion https://ift.tt/FfB1hcu

Meta Plaforms Inc. bought a minority stake in EssilorLuxottica in a deal that increases the US tech giant’s commitment to the fast-growing smart glasses industry, according to people familiar with the matter. from The Business of Fashion https://ift.tt/GtWpvwY

The Italian cosmetics giant has deftly engineered a premiumisation strategy, and has elevated its distribution, product selection and points of differentiation, heavily reducing discounts and promotions in the process. Chief executive Simone Dominici explained how it deployed its strategy in The State of Fashion: Beauty Volume 2. from The Business of Fashion https://ift.tt/1mvIdiT

The attention-grabbing new store on London’s Oxford Street is the British chain’s most ambitious gambit yet, and joins a flock of global beauty retailers debuting flagships packed with experiential elements. from The Business of Fashion https://ift.tt/dL41NiW

The French luxury giant is selling its only US hotel, the El Encanto in Santa Barbara, California. from The Business of Fashion https://ift.tt/EU6nOid

New trade deals and tariff warnings are set to be announced, with negotiations ongoing to avoid punitive measures on exports to the US. from The Business of Fashion https://ift.tt/jDgu4IM

Indian court-appointed representatives recently inspected factories to seize suspected counterfeit footwear, after the German brand launched an infringement lawsuit, sources said. from The Business of Fashion https://ift.tt/eRQb8xa

AI doesn't see the internet the same way human shoppers do, meaning retailers need to adapt as more consumers turn to AI to find products or even make purchases. from The Business of Fashion https://ift.tt/k80TbSX

Rumours have swirled in recent weeks that the American cosmetics company is looking to offload its consumer and prestige brands. In a cooling market and with a mixed portfolio, finding buyers is a hard sell. from The Business of Fashion https://ift.tt/ckgA0SG

Lawyers are advising content creators that weighing in on political topics can come with serious risks. from The Business of Fashion https://ift.tt/fYJWCPk

Announcements are expected in the coming days ahead of a July 9 deadline for higher tariffs, according to the US Treasury Secretary. from The Business of Fashion https://ift.tt/dXGCxyj

Both sides of fashion’s value equation will be put to the test in the coming days as couture houses flex their creative muscles and consumer prices hang in the balance pending trade deals between the US and major fashion manufacturing hubs. from The Business of Fashion https://ift.tt/89UMXQC

Unlike typical IP battles, Lululemon’s dispute with Costco is playing out in the court of public opinion — where consumers increasingly favour dupes over pricey originals. from The Business of Fashion https://ift.tt/6Glv1TJ

Join us for a BoF Professional Masterclass that explores the topic in “The State of Fashion: Beauty Volume 2.” from The Business of Fashion https://ift.tt/z30hIHc

New US tariffs on Vietnamese imports create uncertainty for sportswear and clothing retailers like Nike and Adidas. from The Business of Fashion https://ift.tt/ZL52uop

A wave of new performance basketball sneakers featuring fresh designs has shoppers once again considering the category for fashion and not just for wear on the court. from The Business of Fashion https://ift.tt/ICWg9ME

On Monday morning, London-based communications firm Science Magic Inc. terminated its staff, effective immediately, after informing them the company would shut down, according to multiple sources. from The Business of Fashion https://ift.tt/4ceZ9WE

The technology company’s recent white paper ‘Meeting the Moment’ unpacks the macro-shifts challenging fashion businesses, and focuses on addressing technological advancements, streamlining supply chains and reprioritising the sustainability agenda for long-term success. Discover insights from the report, alongside BoF analysis. from The Business of Fashion https://ift.tt/Fr4yBsR

The Persson family and its related companies owned over 60 percent of H&M's shares at the end of May, prompting speculation the company may return to private ownership. from The Business of Fashion https://ift.tt/DjL6pZM