Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
manufacturing
China
Hong Kong Lingerie Company Hop Lun Up for Sale
Chief executive Erik Ryd is looking to sell his $500 million business.
Hong Kong Lingerie Company Hop Lun Up for Sale
Chief executive Erik Ryd is looking to sell his $500 million business.
Sustainability
Understanding the Power of Mycelium and the Mushroom Movement
An oft-overlooked natural asset, mushrooms are not just infiltrating the fashion industry, but also have the potential to unlock new ways of thinking and healing.
Understanding the Power of Mycelium and the Mushroom Movement
An oft-overlooked natural asset, mushrooms are not just infiltrating the fashion industry, but also have the potential to unlock new ways of thinking and healing.
Luxury
Audemars Piguet to Boost Production as Brand Vies With Patek Philippe
The company expects to make 50,000 watches this year, up from 45,000 sold in 2021, it said in an emailed response to questions.
Audemars Piguet to Boost Production as Brand Vies With Patek Philippe
The company expects to make 50,000 watches this year, up from 45,000 sold in 2021, it said in an emailed response to questions.
Partner Content
A Next-Gen White Label Solution
With clients ranging from Coca-Cola to MTV, Printful’s on-demand drop shop model alongside its customisable product offerings are intended to reduce barriers to entry for fashion entreprenuers worldwide and take overproduction. BoF learns more.
A Next-Gen White Label Solution
With clients ranging from Coca-Cola to MTV, Printful’s on-demand drop shop model alongside its customisable product offerings are intended to reduce barriers to entry for fashion entreprenuers worldwide and take overproduction. BoF learns more.
Sustainability
Case Study | Fashion’s Race for New Materials
Brands are pursuing a raft of initiatives to adopt recycled textiles, regeneratively farmed cotton and mushroom-based leather, but giving fashion’s major materials a sustainability makeover still requires billions of dollars worth of investments and deeper, longer-term commitments to scale. BoF breaks down some of the key innovations, the companies leading the charge and the barriers to change.
Case Study | Fashion’s Race for New Materials
Brands are pursuing a raft of initiatives to adopt recycled textiles, regeneratively farmed cotton and mushroom-based leather, but giving fashion’s major materials a sustainability makeover still requires billions of dollars worth of investments and deeper, longer-term commitments to scale. BoF breaks down some of the key innovations, the companies leading the charge and the barriers to change.
Global Markets
The Denim Industry’s ‘Best-Kept Secret’
Pakistan’s denim apparel exports to the US have overtaken China’s, thanks to local entrepreneurs who have built a vertically-integrated manufacturing hub in the South Asian nation.
The Denim Industry’s ‘Best-Kept Secret’
Pakistan’s denim apparel exports to the US have overtaken China’s, thanks to local entrepreneurs who have built a vertically-integrated manufacturing hub in the South Asian nation.
Luxury
The State of Fashion 2022: Q&A with the Authors
Please join us for a special #BoFLIVE Q&A session, exclusively for Professional Members, where the authors of The State of Fashion 2022, BoF’s Imran Amed and McKinsey’s Achim Berg, will answer your burning questions about the report’s key findings and predictions for the year ahead.
The State of Fashion 2022: Q&A with the Authors
Please join us for a special #BoFLIVE Q&A session, exclusively for Professional Members, where the authors of The State of Fashion 2022, BoF’s Imran Amed and McKinsey’s Achim Berg, will answer your burning questions about the report’s key findings and predictions for the year ahead.
Retail
The Myths and Realities of Retail’s New Normal
As the Omicron variant sweeps across the world, retailers are reckoning with an inescapable reality: Covid-19 is here to stay. BoF outlines the fundamental facts that should inform the industry’s next moves.
The Myths and Realities of Retail’s New Normal
As the Omicron variant sweeps across the world, retailers are reckoning with an inescapable reality: Covid-19 is here to stay. BoF outlines the fundamental facts that should inform the industry’s next moves.
Partner Content
At Sorona, Expanding Use Cases for Innovative Fibres
Sorona is a high-performance fibre, with 37 percent of the polymer made up of renewable plant-based ingredients, and its potential applications are expanding. BoF learns more.
At Sorona, Expanding Use Cases for Innovative Fibres
Sorona is a high-performance fibre, with 37 percent of the polymer made up of renewable plant-based ingredients, and its potential applications are expanding. BoF learns more.
China
China’s Factories Speed Up, New Covid Pain Hits Retailers
Retail sales rose only 3.9 percent in November from a year earlier, below the 4.6 percent growth expected and lower than October’s 4.9 percent rise.
China’s Factories Speed Up, New Covid Pain Hits Retailers
Retail sales rose only 3.9 percent in November from a year earlier, below the 4.6 percent growth expected and lower than October’s 4.9 percent rise.
China
Chinese Manufacturing Hub Fights its First 2021 Covid-19 Outbreak
Zhejiang is fighting its first Covid-19 cluster this year, with tens of thousands of citizens in quarantine and virus-hit areas suspending business operations.
Chinese Manufacturing Hub Fights its First 2021 Covid-19 Outbreak
Zhejiang is fighting its first Covid-19 cluster this year, with tens of thousands of citizens in quarantine and virus-hit areas suspending business operations.
Global Markets
Turkey’s Economic Crisis Batters Retailers, Boosts Apparel Exports
The country’s currency, the lira, has lost almost half its value against the dollar so far this year, and inflation is rising precipitously.
Turkey’s Economic Crisis Batters Retailers, Boosts Apparel Exports
The country’s currency, the lira, has lost almost half its value against the dollar so far this year, and inflation is rising precipitously.
The News in Brief
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.
GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.