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.
garment workers
Latest News & Analysis
Luxury
Accessible Luxury’s Big Opportunity
This week, everyone will be talking about Michael Kors’ 40th anniversary show, Gucci’s first-quarter sales and Fashion Revolution Week.
Accessible Luxury’s Big Opportunity
This week, everyone will be talking about Michael Kors’ 40th anniversary show, Gucci’s first-quarter sales and Fashion Revolution Week.
Sustainability
Fashion Is Still Failing on Workers’ Rights
The fashion industry runs on systemic inequality and social injustice. BoF assesses companies’ efforts to protect workers in their supply chain in the latest in a series of articles examining the findings of The BoF Sustainability Index.
Fashion Is Still Failing on Workers’ Rights
The fashion industry runs on systemic inequality and social injustice. BoF assesses companies’ efforts to protect workers in their supply chain in the latest in a series of articles examining the findings of The BoF Sustainability Index.
Sustainability
In Fashion’s Global Supply Chain, a Ruthless Race to the Bottom
A year into the coronavirus crisis, the garment industry and its millions of workers are suffering as they slash prices to stay competitive.
In Fashion’s Global Supply Chain, a Ruthless Race to the Bottom
A year into the coronavirus crisis, the garment industry and its millions of workers are suffering as they slash prices to stay competitive.
Sustainability
Report: Indian Factory Workers Supplying for Ralph Lauren Allege Exploitation
The factory forced women to stay overnight and work additional hours without notice, the BBC reported, citing anonymous workers who described a
Report: Indian Factory Workers Supplying for Ralph Lauren Allege Exploitation
The factory forced women to stay overnight and work additional hours without notice, the BBC reported, citing anonymous workers who described a
ADVERTISEMENT
Retail
Boohoo Review Finds ‘Unacceptable Issues’ in Leicester Supply Chain
The review found that some workers had not always been properly compensated for their work and that many were not fully aware of their rights.
Boohoo Review Finds ‘Unacceptable Issues’ in Leicester Supply Chain
The review found that some workers had not always been properly compensated for their work and that many were not fully aware of their rights.
Sustainability
How Likely Is It to Find Slavery in Fashion’s Supply Chains? Very.
The risk of finding forced labour, trafficking and other forms of modern slavery in major fashion manufacturing hubs has reached extreme levels, a new report finds.
How Likely Is It to Find Slavery in Fashion’s Supply Chains? Very.
The risk of finding forced labour, trafficking and other forms of modern slavery in major fashion manufacturing hubs has reached extreme levels, a new report finds.
Retail
Boohoo Shares Plunge After Suspending Business With Suppliers
Shares dropped as much as 17 percent in afternoon trading in London after the Guardian cited auditors’ findings that more than a dozen UK suppliers may be paying substandard wages.
Boohoo Shares Plunge After Suspending Business With Suppliers
Shares dropped as much as 17 percent in afternoon trading in London after the Guardian cited auditors’ findings that more than a dozen UK suppliers may be paying substandard wages.
China
Is Forced Uighur Labour in Your Supply Chain?
Fashion brands need to urgently clean up their supply chains as the US and Europe move to legislate against the alleged use of forced Uighur labour in China. Yet some players are still burying their heads in the sand.
Is Forced Uighur Labour in Your Supply Chain?
Fashion brands need to urgently clean up their supply chains as the US and Europe move to legislate against the alleged use of forced Uighur labour in China. Yet some players are still burying their heads in the sand.
ADVERTISEMENT
Sustainability
Can Anything Shake Consumers’ Addiction to Fast Fashion?
Low-cost, high-volume fashion has come under fire for its environmental impact and unethical manufacturing practices. And yet, its cheap-chic combination remains compelling to both shoppers and investors.
Can Anything Shake Consumers’ Addiction to Fast Fashion?
Low-cost, high-volume fashion has come under fire for its environmental impact and unethical manufacturing practices. And yet, its cheap-chic combination remains compelling to both shoppers and investors.
Sustainability
The BoF Podcast: Amber Valletta Says, ‘I Don’t Want to Work in an Industry That Is the Same as Before’
The supermodel, actress and environmental activist talks to BoF Editor-at-Large Tim Blanks about why the fashion industry cannot return to ‘business as normal.’
The BoF Podcast: Amber Valletta Says, ‘I Don’t Want to Work in an Industry That Is the Same as Before’
The supermodel, actress and environmental activist talks to BoF Editor-at-Large Tim Blanks about why the fashion industry cannot return to ‘business as normal.’
Retail
Why Fashion ‘Slavery’ Is Making Headlines
Fashion’s mistreatment of garment workers is widespread, but this week, allegations of ‘modern slavery’ at suppliers of British ultra-fast fashion label Boohoo have ignited a firestorm. Why now?
Why Fashion ‘Slavery’ Is Making Headlines
Fashion’s mistreatment of garment workers is widespread, but this week, allegations of ‘modern slavery’ at suppliers of British ultra-fast fashion label Boohoo have ignited a firestorm. Why now?
Retail
Weakened Demand at Stores Signals More Trouble for Garment Suppliers
With retailers looking to sell old inventory and seasonless basics, new orders for factories in garment hubs like Bangladesh are down by as much as 45 percent compared to last year.
Weakened Demand at Stores Signals More Trouble for Garment Suppliers
With retailers looking to sell old inventory and seasonless basics, new orders for factories in garment hubs like Bangladesh are down by as much as 45 percent compared to last year.
The News in Brief
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.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.