The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
manufacturing
Retail
Fast-Fashion Giant Shein Plans Mexico Factory
Online fashion giant Shein is exploring plans to build a factory in Mexico as one of its manufacturing hubs outside China, sources familiar with the matter told Reuters.
Fast-Fashion Giant Shein Plans Mexico Factory
Online fashion giant Shein is exploring plans to build a factory in Mexico as one of its manufacturing hubs outside China, sources familiar with the matter told Reuters.
Retail
Billionaire Claure Expands Shein’s Fast-Fashion Empire in Brazil
Fast-fashion giant Shein is rapidly ramping up manufacturing in Brazil, with 100 factories already producing for the online retailer since it announced plans to invest $148 million in the region a month ago.
Billionaire Claure Expands Shein’s Fast-Fashion Empire in Brazil
Fast-fashion giant Shein is rapidly ramping up manufacturing in Brazil, with 100 factories already producing for the online retailer since it announced plans to invest $148 million in the region a month ago.
News & Analysis
Apparel Makers in Cyclone-Hit Bangladesh Consider Expensive Airlifts for Exports
Apparel makers in Bangladesh are considering rare bulk exports by air to Europe and the United States, as they race to meet deadlines and avoid cancellations after a cyclone delayed shipments.
Apparel Makers in Cyclone-Hit Bangladesh Consider Expensive Airlifts for Exports
Apparel makers in Bangladesh are considering rare bulk exports by air to Europe and the United States, as they race to meet deadlines and avoid cancellations after a cyclone delayed shipments.
Partner Content
At Oud Fashion Talks, Demystifying the Rapidly Transforming GCC Fashion Industry
The second edition of Oud Fashion Talks explored the forces transforming the Gulf’s fashion industry today, with key learnings from BoF Insights’ ‘Fashion in the Middle East’ report and from executives of local retailers, manufacturers, designers and entrepreneurs.
At Oud Fashion Talks, Demystifying the Rapidly Transforming GCC Fashion Industry
The second edition of Oud Fashion Talks explored the forces transforming the Gulf’s fashion industry today, with key learnings from BoF Insights’ ‘Fashion in the Middle East’ report and from executives of local retailers, manufacturers, designers and entrepreneurs.
Sustainability
Shein Tops Up Supply Chain Fund With $55 Million and a Focus on Faster, More Efficient Manufacturing
The ultra-fast-fashion giant plans to spend $70 million over the next five years to train and support suppliers and develop leaner production models.
Shein Tops Up Supply Chain Fund With $55 Million and a Focus on Faster, More Efficient Manufacturing
The ultra-fast-fashion giant plans to spend $70 million over the next five years to train and support suppliers and develop leaner production models.
Luxury
Italy’s Prada to Invest €60 Million to Help Boost Production Capacity
Italy’s Prada is planning to spend €60 million ($66 million) on industrial capital investments this year, a large chunk of which will help double the size of its knitwear factory in Torgiano, in the central region of Umbria, the luxury group’s industrial director said on Thursday.
Italy’s Prada to Invest €60 Million to Help Boost Production Capacity
Italy’s Prada is planning to spend €60 million ($66 million) on industrial capital investments this year, a large chunk of which will help double the size of its knitwear factory in Torgiano, in the central region of Umbria, the luxury group’s industrial director said on Thursday.
Sustainability
Investors Call on Fashion Brands to Join Worker Safety Initiative Ahead of Rana Plaza Anniversary
More than 190 investors representing $1.3 trillion in assets under management urged fashion brands to join the International Accord, a legally binding worker safety agreement, in a joint statement Thursday.
Investors Call on Fashion Brands to Join Worker Safety Initiative Ahead of Rana Plaza Anniversary
More than 190 investors representing $1.3 trillion in assets under management urged fashion brands to join the International Accord, a legally binding worker safety agreement, in a joint statement Thursday.
Sports
African Sneaker Brands Go Global
Big hitters and scrappy start-ups in Kenya, Nigeria, Senegal and South Africa are vying for a share of the $152 billion global sneaker market.
African Sneaker Brands Go Global
Big hitters and scrappy start-ups in Kenya, Nigeria, Senegal and South Africa are vying for a share of the $152 billion global sneaker market.
Technology
Zegna’s Made-To-Measure Business Is Getting a Tech Upgrade
Its new digital tool makes it easier for clients to customise products in any combination of colours and fabrics they like, as long as they don’t try to mix a pink jacket with yellow pants.
Zegna’s Made-To-Measure Business Is Getting a Tech Upgrade
Its new digital tool makes it easier for clients to customise products in any combination of colours and fabrics they like, as long as they don’t try to mix a pink jacket with yellow pants.
Retail
Nordstrom, Dillard’s Garment Suppliers in Violation of Wage Laws in California
Southern California’s garment factories are facing scrutiny for underpaying workers who make clothing for some of the nation’s top retailers, including Nordstrom Inc. and Dillard’s Inc.
Nordstrom, Dillard’s Garment Suppliers in Violation of Wage Laws in California
Southern California’s garment factories are facing scrutiny for underpaying workers who make clothing for some of the nation’s top retailers, including Nordstrom Inc. and Dillard’s Inc.
Luxury
Prada Aims to Hire Over 400 Workers in Italy This Year
Prada aims to hire more than 400 people in Italy by the end of the year to strengthen its production capacity and maintain growth, the Italian luxury group said on Thursday.
Prada Aims to Hire Over 400 Workers in Italy This Year
Prada aims to hire more than 400 people in Italy by the end of the year to strengthen its production capacity and maintain growth, the Italian luxury group said on Thursday.
Sustainability
Tapestry Invests in Alternative Leather Company Gen Phoenix
The startup is known for a material that combines recycled leather with polyester fibres.
Tapestry Invests in Alternative Leather Company Gen Phoenix
The startup is known for a material that combines recycled leather with polyester fibres.
The News in Brief
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.