Pop Mart Quarterly Sales Fall Up to 50% as Labubu Fad Cools
Sales in the Americas fell 70 to 75 percent.
materials
Sustainability
Masterclass | Can a Materials Revolution Make Fashion More Sustainable?
Understand how the industry can change materials to lessen environmental impact.
Partner Content
At Oeko-Tex, Evolving Material Certification Strategies
Since its inception, Oeko-Tex has offered a ‘Standard 100′ certification as a label for textiles tested for harmful substances. Today, its offering has evolved to measure production impact in much greater depth.
Retail
BoF Insights | Building Resilience and Value in Fashion’s Supply Chain
Read the latest BoF Insights report to get BoF’s perspective on the state of the fashion industry’s supply chain model, plus data-driven guidance on how companies can strengthen their supply chains in the face of pandemic and geopolitical challenges.
Sustainability
How Can Fashion Become Truly Circular?
On this week’s episode of The BoF Podcast, Dame Ellen MacArthur explains how the fashion industry can move toward a waste-free future.
Sustainability
Can a Materials Revolution Make Fashion More Sustainable?
For our latest online BoF Professional Membership event, please join BoF’s Sarah Kent and Rachel Deeley along with Elaine Siu, chief innovation officer, Material Innovation Initiative, as they explore fashion’s new frontier of material innovation.
Retail
Saving Fashion an Arm and a Leg (and Some Torsos Too)
Mannequin Madness is a company that salvages 60 tons of plastic and fibreglass figurines every year, highlighting an oft-overlooked area of sustainability in the industry.
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.
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.
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.
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.
Sustainability
Op-Ed | New York’s Fashion Act? More Like Fashion Won’t Act.
Proposed legislation targeting the social and environmental impact of brands doing business in the State of New York doesn’t go far enough, argues Beth Esponnette.
Sustainability
Op-Ed | Why I Support New York’s Fashion Act
Voluntary corporate action to address fashion’s social and environmental impact is not working, argues Ken Pucker.
The News in Brief
Zegna to Take Summer Fashion Show to Beijing
The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.
Beiersdorf Sales Slightly Miss Expectations on Nivea Weakness
The German consumer goods maker marginally missed market expectations for third-quarter sales growth on Tuesday, with its key Nivea brand posting a third straight quarterly sales decline.
Audemars Piguet to Certify Its Pre-Owned Watches Following Rolex
Whereas Rolex is both a buyer and seller of its second-hand watches through official retail partners, Audemars is setting up a marketplace where sellers set prices.
Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
Shein Agrees to Pay $100 Million to Settle US FTC Probe
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
Kering Drops 12% as Luxury Braces for Tough Winter
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.
UK Retail Sales Fall 0.4% in September, More Than Forecast
Sales fell in September as above-average temperatures hit demand for autumn clothing.