Arnault Clan to Change LVMH Holding Structure to Ensure Control
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
garment-workers
Global Markets
Deadly Factory Fire ‘Symptom’ of Fashion’s Safety Failings
The blaze in an illegal and unsafe New Delhi factory killed more than 40, shining a spotlight on the serious safety failures that persist in fashion’s murky and convoluted supply chain.
News & Analysis
Bangladesh Garment Unions Say New Factory Oversight Deal Risks Worker Safety
Government officials say The Accord on Fire and Building Safety in Bangladesh is no longer needed as a national regulatory body, the Remediation Coordination Cell (RCC), is able to do the job.
News & Analysis
Fashion Chains Use Factories in Africa That Pay £5 a Week
"Workers at garment factories in Ethiopia making clothes for high street favourites such as H&M and Gap are the lowest paid in the world."
News & Analysis
The BoF Podcast: Activist Kalpona Akter on Improving the Lives of Bangladeshi Garment Workers
Speaking at BoF VOICES, the founder of the Bangladesh Centre for Worker Solidarity outlines her campaign to establish fairer, safer working conditions across the garment industry.
News & Analysis
6 Years After Rana Plaza, Worker Safety Is Under Threat in Bangladesh Again
Bangladesh’s deadly Rana Plaza disaster in 2013 sparked an unprecedented effort to improve worker conditions, but life for the country’s garment workers remains difficult and now the industry’s flagship safety initiative is under threat.
Global Markets
Bottega Veneta Makes Its Play for the 'Old Celine' Crowd
This week, everyone will be talking about the imminent threat to garment worker safety standards in Bangladesh, Bottega Veneta's first runway show under Daniel Lee, and Bruce Weber's attempted comeback in France. Read our BoF Professional Cheat Sheet.
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.
Retail
Social Goods | Black Women Dominate September Covers, Retailers Abandon Sweatshop Safety Scheme
This week, a glut of big name magazines have chosen black women to front their September issues, while a German retailers' alliance formed to improve working conditions in Asian factories is crumbling.
Sustainability
Social Goods | Gucci & Versace Among Least Transparent Brands, Stella McCartney on Sustainability
This week, high-end luxury brands ranked low on the Fashion Transparency Index, while Stella McCartney addresses fashion's sustainability problems.
Sustainability
Social Goods | 5 Years After Rana Plaza, Brands Under Pressure for Transparency
This week, what the Bangladesh factory collapse changed about worker safety, while brands are pressured to take stronger environmental and political stances.
News & Analysis
Amazon's Italian Warehouse Workers Maintain Overtime Ban Over Christmas
Workers at the Castel San Giovanni plant are refusing to work overtime during the current peak season over allegations that they are pushed too hard for too little money.
News & Analysis
Top Fashion Companies Come Together to Improve Children’s Rights
H&M, Kering and VF Corporation are among the companies that have joined a new network, set up by the world’s biggest wealth fund and Unicef, to address the plight of children in the garment production industry.
The News in Brief
JD Sports Says Nike Turnaround Is Only a Matter of Time
Dominic Platt, chief financial officer of the British sportswear retailer, told Reuters, ‘Much as there's a lot of talk about Nike, it's still the most popular brand out there and it's still a very strong brand.’
Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Meta Expected to Unveil Smart Glasses Without Camera
Smart glasses have become a target of criticism in recent months amid growing concerns they can be used to record people without their consent.
Record Global Fibre Production Pushes Fashion’s Environmental Footprint Higher
Planet-warming emissions associated with the raw materials used to make fashion, footwear and home textiles have risen 30 percent since 2019, according to a new report.
Novo Nordisk Looks to Target Hair Loss in Consumer Push
The maker of Ozempic and Wegovy seeks to expand its direct-to-consumer pharmaceutical business as rival Eli Lilly outpaces in weight-loss drugs.
On Targets High-Teens Growth Through 2029
The Swiss brand revealed its plan to keep up its momentum with new products in sports such as golf and its Mbappé-supported entry into football ahead of its investor day Tuesday.
Reference Festival to Host ‘Freie Kunst’ Event at Art Basel Paris
The event runs from Oct. 22 to 25 and will mix participants from art, fashion, music and technology as part of the festival’s tradition of a ‘radical and unhinged exchange of ideas,’ said Mumi Haiati, founder of the event’s organiser Reference Studios.