US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
fast-fashion
China
Shein Has a Serious New Competitor
One of many fast fashion players from China trying to use the Shein playbook to chip away at Boohoo and Fashion Nova is a new brand from e-commerce giant Alibaba.
Shein Has a Serious New Competitor
One of many fast fashion players from China trying to use the Shein playbook to chip away at Boohoo and Fashion Nova is a new brand from e-commerce giant Alibaba.
Retail
BoF Insights | Building Resilience and Value in Fashion’s Supply Chain
Read the latest BoF Insights report to get BoF’s perspective on the state of the fashion industry’s supply chain model, plus data-driven guidance on how companies can strengthen their supply chains in the face of pandemic and geopolitical challenges.
BoF Insights | Building Resilience and Value in Fashion’s Supply Chain
Read the latest BoF Insights report to get BoF’s perspective on the state of the fashion industry’s supply chain model, plus data-driven guidance on how companies can strengthen their supply chains in the face of pandemic and geopolitical challenges.
News & Analysis
AB Foods Sees First Half ‘Strongly Ahead’ on Improved Primark
Primark sales for the 24 weeks to March 5 were expected to be well over 60 percent ahead of last year at constant currency with an operating profit margin of 11 percent.
AB Foods Sees First Half ‘Strongly Ahead’ on Improved Primark
Primark sales for the 24 weeks to March 5 were expected to be well over 60 percent ahead of last year at constant currency with an operating profit margin of 11 percent.
Sustainability
How Can Fashion Become Truly Circular?
On this week’s episode of The BoF Podcast, Dame Ellen MacArthur explains how the fashion industry can move toward a waste-free future.
How Can Fashion Become Truly Circular?
On this week’s episode of The BoF Podcast, Dame Ellen MacArthur explains how the fashion industry can move toward a waste-free future.
Technology
How ‘The Age of Acceleration’ Will Transform Business
At BoF VOICES 2021, futurists Martin Raymond and Christopher Sanderson examined the series of fast-paced changes that will dominate the wider world in the coming decade — and advised on how brands must adapt.
How ‘The Age of Acceleration’ Will Transform Business
At BoF VOICES 2021, futurists Martin Raymond and Christopher Sanderson examined the series of fast-paced changes that will dominate the wider world in the coming decade — and advised on how brands must adapt.
Sustainability
Can a Materials Revolution Make Fashion More Sustainable?
For our latest online BoF Professional Membership event, please join BoF’s Sarah Kent and Rachel Deeley along with Elaine Siu, chief innovation officer, Material Innovation Initiative, as they explore fashion’s new frontier of material innovation.
Can a Materials Revolution Make Fashion More Sustainable?
For our latest online BoF Professional Membership event, please join BoF’s Sarah Kent and Rachel Deeley along with Elaine Siu, chief innovation officer, Material Innovation Initiative, as they explore fashion’s new frontier of material innovation.
Global Markets
Shein on Singapore Hiring Spree as It Shifts Key Assets
China’s Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the matter and a Reuters analysis of filings by the online fast-fashion retailer.
Shein on Singapore Hiring Spree as It Shifts Key Assets
China’s Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the matter and a Reuters analysis of filings by the online fast-fashion retailer.
China
Shein-Like Site Linked to TikTok Owner ByteDance Shuts Down
The fast fashion e-commerce site that was last week linked to ByteDance in Chinese media reports has posted a notice on its homepage alerting shoppers that it ceased operations on Feb.11.
Shein-Like Site Linked to TikTok Owner ByteDance Shuts Down
The fast fashion e-commerce site that was last week linked to ByteDance in Chinese media reports has posted a notice on its homepage alerting shoppers that it ceased operations on Feb.11.
Retail
Fast-Fashion Giant Shein Plans $2.3 Billion Supply Chain Hub
The Chinese fast-fashion retailer plans to invest 15 billion yuan ($2.3 billion) to build a global supply chain centre in Guangzhou.
Fast-Fashion Giant Shein Plans $2.3 Billion Supply Chain Hub
The Chinese fast-fashion retailer plans to invest 15 billion yuan ($2.3 billion) to build a global supply chain centre in Guangzhou.
Retail
H&M CEO Sets Target to Double Retailer’s Sales by 2030
Hennes & Mauritz AB chief executive Helena Helmersson is also targeting an operating margin of more than 10 percent within three years.
H&M CEO Sets Target to Double Retailer’s Sales by 2030
Hennes & Mauritz AB chief executive Helena Helmersson is also targeting an operating margin of more than 10 percent within three years.
Topics
Fashion Nova to Pay FTC $4.2 Million Settlement for Blocking Negative Reviews
The fast fashion company will be required to pay $4.2 million to the American Federal Trade Commission, resolving a complaint that the company was suppressing reviews that were less than five stars on its site.
Fashion Nova to Pay FTC $4.2 Million Settlement for Blocking Negative Reviews
The fast fashion company will be required to pay $4.2 million to the American Federal Trade Commission, resolving a complaint that the company was suppressing reviews that were less than five stars on its site.
China
Report: Chinese Fashion Retailer Shein Revives Plan for New York Listing in 2022
It was not immediately clear how much the company was looking to raise from its New York debut.
Report: Chinese Fashion Retailer Shein Revives Plan for New York Listing in 2022
It was not immediately clear how much the company was looking to raise from its New York debut.
The News in Brief
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.