The CFDA Appoints Hildy Kuryk as Interim CEO
The trade body temporarily appointed Kuryk as it searches for a permanent replacement for former chief executive Steven Kolb, who resigned following a viral altercation with PETA protesters.
fast-fashion
China
Why Fast Fashion Brands Are Fleeing China
Forever 21 is the latest fast fashion giant to join the exodus, but why have brands like Topshop, New Look and Asos retreated from China while others like Uniqlo and H&M seem to have cracked it? Read China Decoded to make sense of the market.
News & Analysis
Forever 21 'Steals' Anti-Fast-Fashion Artist's Work
The artist said she was shocked a fashion brand 'would openly make light of the disposable garment culture.'"
News & Analysis
Boohoo Posts 49 Percent Profit Rise
The group, which targets 16-30-year-olds with its Boohoo, Nasty Gal and PrettyLittleThing brands, beat market expectations with a pre-tax profit of £76.3 million ($99 million).
Retail
Primark Owner AB Foods Forecasts Flat First-Half Earnings
The group said it expected a small reduction in adjusted operating profit offset by lower net financial expenses.
News & Analysis
What Will it Take to Prevent the Next Rana Plaza?
Almost six years on from a sweatshop building collapse that killed over 1,100 people in Bangladesh, VOICES Salon attendees discuss why the fashion supply chain is still plagued with worker abuses and what action could be taken to make conditions better.
Beauty
Why Fast Fashion Has Been Slow to Tap the Beauty Boom
Zara, H&M, Asos and other fast-fashion retailers now sell lipstick and eyeshadow alongside dresses and blazers. But they’re finding “fast and cheap” is a tougher sell in the beauty market.
News & Analysis
Anarchy and Awards in the UK
This week, everyone will be talking about the UK Parliament's Brexit vote, the British Fashion Council's Fashion Awards and Zara parent Inditex's financial results. Read our BoF Professional Cheat Sheet.
News & Analysis
Improving the Life of a Bangladeshi Garment Worker: Activist Kalpona Akter
As the founder and executive director of the Bangladesh Centre for Worker Solidarity (BCWS), Akter campaigns for worker safety, fair wages and the right to labour unions.
China
Forget Luxury, Cheap Clothes Mean Big Money in China
There is a fortune to be made selling low-cost clothing in China. But cut-throat competition, ‘Taobao villages’ and local know-how give domestic players an edge over global names like H&M and Zara.
China
Why Chanel Is Raising Prices On Its Most Popular Bags
This week, everyone will be talking about Chanel's global price hike, Tapestry's take on the US-China trade war and Cardi B's collection for Fashion Nova. Read our BoF Professional Cheat Sheet.
Luxury
Virgil Abloh's First Louis Vuitton Drop Is Here
This week, everyone will be talking about Virgil Abloh's first drop for Louis Vuitton, slower growth at Kering and H&M's Moschino collaboration. Read our BoF Professional Cheat Sheet.
News & Analysis
H&M Rethinks Experimental Brand Nyden
Launched earlier this year, Nyden will remain open, but will now be sold via HM.com.
The News in Brief
Marc Jacobs Appoints New Chief Marketing Officer
Hearst veteran John Wattiker joins the American fashion house as CMO on the heels of its acquisition from LVMH by WHP Global and G-III.
Vyrao Acquired by Brand Platform Tresalis
The niche perfume brand has been purchased by the new beauty operator created and backed by German investment firm Athos.
Vietnam’s Largest Listed Jeweller Forecasts Loss After Diamond Scandal
PNJ also plans to slash its revenue target. Losses in 2026 are expected as a result of a huge provision for customer buybacks following a smuggling scandal.
China, US Agree Tariff Cuts on $60 Billion of Goods
The trade deal covers an array of products, ranging from fois gras to cosmetics.
Armani Open to More Than One Investor for Sale of 15% stake, CEO Says
The comments by chief executive Giuseppe Marsocci come as the brand reportedly considers the possibility of LVMH, L’Oreal and EssilorLuxottica sharing the stake.
Edward Buchanan Opens New Creative Hub in Milan
A new space called The Situation will host exhibitions and residencies and provide resources to Black, queer and other under-represented creatives.
L’Oréal Joins Forces With Nykaa to Invest in Indian Beauty Brands
BOLD, the French conglomerate’s venture capital fund, will collaborate with retailer Nykaa to invest in the next generation of Indian beauty brands.