Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
manufacturing
Retail
The Year Ahead: Can New Production Models Help Fashion Overcome Supply Chain Woes?
As supply chains remain under pressure, garment manufacturers have an opportunity to lean into vertical integration, nearshoring and small-batch production, while seeking closer upstream and downstream collaboration, according to The State of Fashion 2023.
The Year Ahead: Can New Production Models Help Fashion Overcome Supply Chain Woes?
As supply chains remain under pressure, garment manufacturers have an opportunity to lean into vertical integration, nearshoring and small-batch production, while seeking closer upstream and downstream collaboration, according to The State of Fashion 2023.
Sustainability
Puma’s Chief Sourcing Officer on Upgrading Brands' Sustainability Marketing
The sportswear brand’s chief sourcing officer discusses in The State of Fashion 2023 why mounting scrutiny of fashion’s “green” claims is good for the industry and what brands need to do to walk the talk on sustainability.
Puma’s Chief Sourcing Officer on Upgrading Brands' Sustainability Marketing
The sportswear brand’s chief sourcing officer discusses in The State of Fashion 2023 why mounting scrutiny of fashion’s “green” claims is good for the industry and what brands need to do to walk the talk on sustainability.
News & Analysis
The State of Fashion 2023: Resilience in the Face of Uncertainty
The seventh annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals the industry is heading for a global slowdown in 2023 as macroeconomic tensions and slumping consumer confidence chip away at 2022′s gains. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead.
The State of Fashion 2023: Resilience in the Face of Uncertainty
The seventh annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals the industry is heading for a global slowdown in 2023 as macroeconomic tensions and slumping consumer confidence chip away at 2022′s gains. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead.
Global Markets
The African Fashion Hub Punching Above Its Weight
Ivory Coast is home to fashion businesses focused on international investment and regional trade that one might expect to find in larger countries on the continent.
The African Fashion Hub Punching Above Its Weight
Ivory Coast is home to fashion businesses focused on international investment and regional trade that one might expect to find in larger countries on the continent.
Partner Content
At Eastman Naia, Enabling the Creative Potential of Sustainable Fibres in Fashion
Five years after its launch, cellulosic fibre brand Eastman Naia became a supplier of sustainable fibres to brands such as Patagonia, Zara and H&M. Now, BoF talks to Ruth Farrell, Eastman Naia’s textiles general manager, to learn about the brand’s new product portfolio and customer demand for ecological action.
At Eastman Naia, Enabling the Creative Potential of Sustainable Fibres in Fashion
Five years after its launch, cellulosic fibre brand Eastman Naia became a supplier of sustainable fibres to brands such as Patagonia, Zara and H&M. Now, BoF talks to Ruth Farrell, Eastman Naia’s textiles general manager, to learn about the brand’s new product portfolio and customer demand for ecological action.
Retail
Fast Fashion Upstarts Are Using Shein’s Own Strategies Against It
The Chinese retailer’s influence on manufacturing has been just as seismic. Now, the breakneck supply chain pioneered by Shein is allowing a new swathe of brands to make the most of operating in the colossal retailer’s slipstream.
Fast Fashion Upstarts Are Using Shein’s Own Strategies Against It
The Chinese retailer’s influence on manufacturing has been just as seismic. Now, the breakneck supply chain pioneered by Shein is allowing a new swathe of brands to make the most of operating in the colossal retailer’s slipstream.
Global Markets
Weakening Global Demand Hurts Vietnam’s Garment Makers
The industry’s exports in the first 10 months of this year totalled $37.7 billion, up 16.9 percent from a year earlier and accounting for 12 percent of the country’s total exports, according to official data.
Weakening Global Demand Hurts Vietnam’s Garment Makers
The industry’s exports in the first 10 months of this year totalled $37.7 billion, up 16.9 percent from a year earlier and accounting for 12 percent of the country’s total exports, according to official data.
Partner Content
Fashion Leaders on the Future of ‘Made in Italy’
BoF and Shopify gathered executives from across the Italian industry to discuss the challenges and opportunities facing Italy’s fashion market and manufacturing as the acquisition of independent suppliers intensifies, prices rise and consumer sentiment evolves.
Fashion Leaders on the Future of ‘Made in Italy’
BoF and Shopify gathered executives from across the Italian industry to discuss the challenges and opportunities facing Italy’s fashion market and manufacturing as the acquisition of independent suppliers intensifies, prices rise and consumer sentiment evolves.
Luxury
Why Luxury’s Counterfeit Problem Is Getting Worse
It’s easier than ever for consumers to buy fakes online. But the spike in counterfeit sales may also have something to do with how brands themselves are pricing and marketing their products.
Why Luxury’s Counterfeit Problem Is Getting Worse
It’s easier than ever for consumers to buy fakes online. But the spike in counterfeit sales may also have something to do with how brands themselves are pricing and marketing their products.
Sustainability
EU Proposes Banning Products Made With Forced Labour
The EU executive does not name any country in its proposal, but it follows a European Parliament call for such a law in June that highlighted concerns over human rights in China’s Xinjiang region.
EU Proposes Banning Products Made With Forced Labour
The EU executive does not name any country in its proposal, but it follows a European Parliament call for such a law in June that highlighted concerns over human rights in China’s Xinjiang region.
Retail
Zara Billionaire Bets $700 Million in Move Into US Logistics
Ortega family investment company Pontegadea bought five logistics centres in the US states of Tennessee, South Carolina, Virginia, Pennsylvania and Texas from Realty Income Corp. for about $722 million.
Zara Billionaire Bets $700 Million in Move Into US Logistics
Ortega family investment company Pontegadea bought five logistics centres in the US states of Tennessee, South Carolina, Virginia, Pennsylvania and Texas from Realty Income Corp. for about $722 million.
Global Markets
Revving Exports to US Keeps India in Race to Be Next China
Sea-borne shipments of festival goods and accessories to America touched $20 million last month, almost triple the value from the year-ago period, according to US customs data.
Revving Exports to US Keeps India in Race to Be Next China
Sea-borne shipments of festival goods and accessories to America touched $20 million last month, almost triple the value from the year-ago period, according to US customs data.
The News in Brief
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
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.