Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
manufacturing
Retail
This Week: Waiting on Tariffs, Saks and More
The fate of Trump’s tariffs and Saks’ bankruptcy in the coming days, weeks and months will define how fashion’s year plays out.
This Week: Waiting on Tariffs, Saks and More
The fate of Trump’s tariffs and Saks’ bankruptcy in the coming days, weeks and months will define how fashion’s year plays out.
Luxury
Luxury Fashion Is Rethinking Its Value to Shoppers
After years of raising prices with no corresponding bump in quality or creativity, the industry is being forced to rebuild its trust with shoppers, according to the BoF-McKinsey State of Fashion 2026.
Luxury Fashion Is Rethinking Its Value to Shoppers
After years of raising prices with no corresponding bump in quality or creativity, the industry is being forced to rebuild its trust with shoppers, according to the BoF-McKinsey State of Fashion 2026.
Global Markets
Worldview | India’s Textile Sector Struggles With Waste Management
This week’s round-up of global markets fashion business news also features Turkey’s EU Green Deal and Indonesia’s thrift boom.
Worldview | India’s Textile Sector Struggles With Waste Management
This week’s round-up of global markets fashion business news also features Turkey’s EU Green Deal and Indonesia’s thrift boom.
Global Markets
Worldview | Egypt Flexes Its Design Muscle
This week’s round-up of global markets fashion business news also features China’s q-commerce market, Turkish textiles in Tunisia and Coupang’s massive data breach in South Korea.
Worldview | Egypt Flexes Its Design Muscle
This week’s round-up of global markets fashion business news also features China’s q-commerce market, Turkish textiles in Tunisia and Coupang’s massive data breach in South Korea.
Global Markets
Trump’s Tariffs Have Already Rewired the Global Fashion Industry
Brands and their suppliers have been forced to rapidly adjust to the new US duties, with the ripple effects set to continue into next year, according to the BoF-McKinsey State of Fashion 2026.
Trump’s Tariffs Have Already Rewired the Global Fashion Industry
Brands and their suppliers have been forced to rapidly adjust to the new US duties, with the ripple effects set to continue into next year, according to the BoF-McKinsey State of Fashion 2026.
Global Markets
Worldview | Japanese Retailers Hit by China Travel Warning
This week’s round-up of global markets fashion business news also features Indian jewellery exports, Nigerian e-tailer Jumia and Brazilian fashion giant Azzas 2154.
Worldview | Japanese Retailers Hit by China Travel Warning
This week’s round-up of global markets fashion business news also features Indian jewellery exports, Nigerian e-tailer Jumia and Brazilian fashion giant Azzas 2154.
Luxury
The State of Fashion 2026: When the Rules Change
The 10th annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals how changes in trade, technology and consumer behaviour will challenge businesses in 2026. Download the full report to understand the 10 themes that will shape the industry and opportunities for growth in the year ahead.
The State of Fashion 2026: When the Rules Change
The 10th annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals how changes in trade, technology and consumer behaviour will challenge businesses in 2026. Download the full report to understand the 10 themes that will shape the industry and opportunities for growth in the year ahead.
Luxury
This Week: Italy Takes on Fast Fashion, Retail Earnings, BoF VOICES 2025
Anti-Shein laws are advancing across Europe while the Italian sweatshop investigation hits a key juncture. Meanwhile, US off-price earnings offer a view on lower-income consumers.
This Week: Italy Takes on Fast Fashion, Retail Earnings, BoF VOICES 2025
Anti-Shein laws are advancing across Europe while the Italian sweatshop investigation hits a key juncture. Meanwhile, US off-price earnings offer a view on lower-income consumers.
Sustainability
Survival Is Fashion’s Next Big Climate Challenge
With efforts to avert climate crisis just limping along, the industry needs to brace for a harsh new reality.
Survival Is Fashion’s Next Big Climate Challenge
With efforts to avert climate crisis just limping along, the industry needs to brace for a harsh new reality.
Global Markets
Worldview | Omoyemi Akerele Takes Lagos Fashion Week to the Next Level
This week’s round-up of global markets fashion business news also features South Korean exports, Egyptian textile factories and Mexico’s luxury department stores.
Worldview | Omoyemi Akerele Takes Lagos Fashion Week to the Next Level
This week’s round-up of global markets fashion business news also features South Korean exports, Egyptian textile factories and Mexico’s luxury department stores.
Global Markets
India’s Modi Faces Demands From Exporters to Ease Trump’s Tariff Pain
Industries such as footwear and textiles in India are asking prime minister Narendra Modi for support dealing with the fallout from steep US tariffs on Indian goods.
India’s Modi Faces Demands From Exporters to Ease Trump’s Tariff Pain
Industries such as footwear and textiles in India are asking prime minister Narendra Modi for support dealing with the fallout from steep US tariffs on Indian goods.
Sustainability
Are All Sustainability Certifications Broken?
The standards big brands rely on to back up their green claims are facing intense and unflattering scrutiny, Trump’s trade war is having far-reaching and destructive impacts on the lives of garment workers and what to watch ahead of the UN’s COP climate summit.
Are All Sustainability Certifications Broken?
The standards big brands rely on to back up their green claims are facing intense and unflattering scrutiny, Trump’s trade war is having far-reaching and destructive impacts on the lives of garment workers and what to watch ahead of the UN’s COP climate summit.
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.