Amazon Loses US Court Ban on Perplexity’s AI Shopping Tools
The ruling is the first by a federal appeals court to address whether AI agents acting on behalf of users can legally access online platforms.
manufacturing
Luxury
The Future of Jewellery: Demand for Sustainably Made Jewellery Will See Explosive Growth
Leaders in the slow-to-act fine jewellery industry must look beyond sustainability as risk mitigation and embrace the branding opportunity it presents.
The Future of Jewellery: Demand for Sustainably Made Jewellery Will See Explosive Growth
Leaders in the slow-to-act fine jewellery industry must look beyond sustainability as risk mitigation and embrace the branding opportunity it presents.
Luxury
Rosie Assoulin Plans Next Chapter with Partner High Italian Manufacturing
The manufacturing and distribution firm, formerly Onward Luxury Group, will produce the New York label’s collections and help it expand its assortment and global reach.
Rosie Assoulin Plans Next Chapter with Partner High Italian Manufacturing
The manufacturing and distribution firm, formerly Onward Luxury Group, will produce the New York label’s collections and help it expand its assortment and global reach.
Workplace & Talent
London’s Creatives Confront a New Era of Isolation
Brexit and Covid-19 have proved a double blow for the fashion capital. Some creatives are localising production, while others are looking outside the UK for solutions.
London’s Creatives Confront a New Era of Isolation
Brexit and Covid-19 have proved a double blow for the fashion capital. Some creatives are localising production, while others are looking outside the UK for solutions.
China
Guangzhou Builds ‘Beauty Park’ to Boost Chinese Cosmetics Industry
One of southern China’s top metropolises is building a 10-square-kilometre “Beauty and Healthcare Industrial Park” to ramp up production for the booming market.
Guangzhou Builds ‘Beauty Park’ to Boost Chinese Cosmetics Industry
One of southern China’s top metropolises is building a 10-square-kilometre “Beauty and Healthcare Industrial Park” to ramp up production for the booming market.
Sustainability
Sustainability Comes At a Cost. Fashion Isn’t Paying.
Billions of dollars of investment are needed if the industry is to operate more sustainably. But there is little evidence brands are prepared to pay for it, according to new analysis from The BoF Sustainability Index.
Sustainability Comes At a Cost. Fashion Isn’t Paying.
Billions of dollars of investment are needed if the industry is to operate more sustainably. But there is little evidence brands are prepared to pay for it, according to new analysis from The BoF Sustainability Index.
China
Burberry, H&M, Nike and Others Lose China Ambassadors Over Xinjiang
Adidas, Calvin Klein, Uniqlo and Converse have also lost China spokespeople as Chinese consumers call for a boycott after an uproar about the decision not to source cotton from the Xinjiang region.
Burberry, H&M, Nike and Others Lose China Ambassadors Over Xinjiang
Adidas, Calvin Klein, Uniqlo and Converse have also lost China spokespeople as Chinese consumers call for a boycott after an uproar about the decision not to source cotton from the Xinjiang region.
China
H&M Faces Boycott Calls in China Over Xinjiang Cotton Ban
The brand can no longer be found on China’s major e-commerce platforms, following an uproar on social media about its decision not to use cotton sourced from the Xinjiang region.
H&M Faces Boycott Calls in China Over Xinjiang Cotton Ban
The brand can no longer be found on China’s major e-commerce platforms, following an uproar on social media about its decision not to use cotton sourced from the Xinjiang region.
Global Markets
Vietnam’s Textile and Apparel Industries Pivot to Sportswear
As a pandemic-era focus on producing personal protective equipment (PPE) begins to wind down in the face of worldwide Covid-19 vaccine rollouts, Vietnam’s National Textile and Garment Group (Vinatex) says its members are looking to capitalise on new areas for growth.
Vietnam’s Textile and Apparel Industries Pivot to Sportswear
As a pandemic-era focus on producing personal protective equipment (PPE) begins to wind down in the face of worldwide Covid-19 vaccine rollouts, Vietnam’s National Textile and Garment Group (Vinatex) says its members are looking to capitalise on new areas for growth.
Sustainability
Shahi Exports’ Anant Ahuja on Reforming the Fashion Supply Chain
Before the pandemic, Shahi Exports was generating roughly $1 billion a year producing for brands like Gap and Uniqlo, making it India’s largest apparel manufacturer for export. The executive leading the firm’s sustainability initiatives reflects on new opportunities to reform fashion’s supply chain, despite the crisis and turbulence ahead.
Shahi Exports’ Anant Ahuja on Reforming the Fashion Supply Chain
Before the pandemic, Shahi Exports was generating roughly $1 billion a year producing for brands like Gap and Uniqlo, making it India’s largest apparel manufacturer for export. The executive leading the firm’s sustainability initiatives reflects on new opportunities to reform fashion’s supply chain, despite the crisis and turbulence ahead.
News & Analysis
Fashion Needs a Ceasefire in the Trade Wars
With Joe Biden preparing to reboot US trade relationships, a potential breakthrough in the Brexit deadlock and the creation of the world’s largest trade bloc in Asia, there is hope of one.
Fashion Needs a Ceasefire in the Trade Wars
With Joe Biden preparing to reboot US trade relationships, a potential breakthrough in the Brexit deadlock and the creation of the world’s largest trade bloc in Asia, there is hope of one.
Global Markets
Italy Locks Down Milan and Much of Industrial North
Unlike Italy's national lockdown in the spring, all factories will remain open.
Italy Locks Down Milan and Much of Industrial North
Unlike Italy's national lockdown in the spring, all factories will remain open.
Sustainability
BoF LIVE: The Future of Fashion’s Supply Chain
How are brands and manufacturers building supply chain resilience in response to the pandemic?
BoF LIVE: The Future of Fashion’s Supply Chain
How are brands and manufacturers building supply chain resilience in response to the pandemic?
The News in Brief
Report: Abercrombie to Seek Fresh Backers for China Business
The US-listed company is conducting a review of its Chinese assets and may sell a stake in the unit, which could be valued at several hundred million dollars, Bloomberg reported.
Chanel Sales Up 16% in First Half
Chanel’s sales are accelerating after returning to growth last year, Bloomberg reported citing an unnamed source. Beauty sales rose 8 percent.
P&G to Buy Supplement Maker Thorne for $3.8 Billion
Shailesh Jejurikar, chief executive of the American personal care conglomerate, told CNBC it will acquire the line from LVMH-backed private equity firm L Catterton.
Eli Lilly to Offer Early Access to Next-Gen Obesity Drug to Some Patients
Eli Lilly said on Monday it would allow a limited number of patients to have early access to its experimental obesity drug, retatrutide, before its US FDA approval.
India’s Nykaa Posts Higher Quarterly Profit on Strong Beauty Demand, Fashion Growth
India’s FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by strong growth in its beauty business and a sharp acceleration in fashion sales.
Ferragamo Returns to Profit as Relaunch Strategy Advances
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.
Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.