JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
supply-chain
Luxury
The Court Administration Faced by LVMH and Armani Units, Explained
An Italian court has placed subsidiaries of the two luxury businesses under external supervision amid an ongoing probe into labour abuses in big brands’ supply chains.
The Court Administration Faced by LVMH and Armani Units, Explained
An Italian court has placed subsidiaries of the two luxury businesses under external supervision amid an ongoing probe into labour abuses in big brands’ supply chains.
Sustainability
Fashion’s Supply Chain Is Still Full of Banned Chinese Cotton
A study published this week found traces of cotton from Xinjiang in nearly a fifth of the products it examined, highlighting the challenges brands face in policing their supply chains even as requirements to do so spread to raw materials from diamonds to leather and palm oil.
Fashion’s Supply Chain Is Still Full of Banned Chinese Cotton
A study published this week found traces of cotton from Xinjiang in nearly a fifth of the products it examined, highlighting the challenges brands face in policing their supply chains even as requirements to do so spread to raw materials from diamonds to leather and palm oil.
Sustainability
Op-Ed | The Rise of the Unwasteful Brand
A profitable, multi-trillion dollar fashion industry populated with brands that generate minimal economic and environmental waste is within our reach, argues Lawrence Lenihan.
Op-Ed | The Rise of the Unwasteful Brand
A profitable, multi-trillion dollar fashion industry populated with brands that generate minimal economic and environmental waste is within our reach, argues Lawrence Lenihan.
Direct-to-Consumer
What It Takes to Win at DTC in 2024
The DTC bust of the past two years has casted a cloud on the sector, but emerging fashion brands with a better handle on supply, demand and customer retention are seeing profitable growth.
What It Takes to Win at DTC in 2024
The DTC bust of the past two years has casted a cloud on the sector, but emerging fashion brands with a better handle on supply, demand and customer retention are seeing profitable growth.
Retail
How Rent the Runway Came Back From the Brink
The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.
How Rent the Runway Came Back From the Brink
The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.
Sustainability
Are H&M and Zara Harming Forests in Brazil?
Cotton linked to environmental and human rights abuses in Brazil is leaking into the supply chains of major fashion brands, a new investigation has found, prompting Zara-owner Inditex to send a scathing rebuke to the industry’s biggest sustainable cotton certifier.
Are H&M and Zara Harming Forests in Brazil?
Cotton linked to environmental and human rights abuses in Brazil is leaking into the supply chains of major fashion brands, a new investigation has found, prompting Zara-owner Inditex to send a scathing rebuke to the industry’s biggest sustainable cotton certifier.
Retail
Shein to Market Supply Chain Infrastructure to Global Brands, WSJ Reports
China-founded fast fashion company Shein will make its supply-chain infrastructure and technology available to global brands.
Shein to Market Supply Chain Infrastructure to Global Brands, WSJ Reports
China-founded fast fashion company Shein will make its supply-chain infrastructure and technology available to global brands.
Sustainability
US Fashion Lobby Calls for Release of Jailed Bangladesh Apparel Workers
Thousands were arrested or threatened with detention following demonstrations over changes to the country’s minimum wage for garment workers last fall.
US Fashion Lobby Calls for Release of Jailed Bangladesh Apparel Workers
Thousands were arrested or threatened with detention following demonstrations over changes to the country’s minimum wage for garment workers last fall.
Sustainability
EU Backs Supply Chain Audit Law After Italy Switches Sides
On Friday, 17 ambassadors from the 27 EU countries backed the law, with no votes against.
EU Backs Supply Chain Audit Law After Italy Switches Sides
On Friday, 17 ambassadors from the 27 EU countries backed the law, with no votes against.
Sustainability
Why Renewcell’s Bankruptcy Might Be the Push Textile Recycling Needed
In the weeks since one of the industry’s most promising recycling start-ups filed for bankruptcy, big brands have put more money and more commitment into bringing innovations to market.
Why Renewcell’s Bankruptcy Might Be the Push Textile Recycling Needed
In the weeks since one of the industry’s most promising recycling start-ups filed for bankruptcy, big brands have put more money and more commitment into bringing innovations to market.
Sustainability
What Will It Take to Tackle Fashion’s Climate Financing Gap?
Meeting the industry’s emissions targets will require more collective action and new financing models, according to a new report by leading manufacturers.
What Will It Take to Tackle Fashion’s Climate Financing Gap?
Meeting the industry’s emissions targets will require more collective action and new financing models, according to a new report by leading manufacturers.
Sustainability
Beware the ‘Sheinification’ of Fashion
The ‘instant fashion’ juggernaut’s explosive growth is attracting imitators. But keeping up with Shein’s relentless churn puts the industry on a perilous course when it comes to sustainability, writes Kenneth P. Pucker.
Beware the ‘Sheinification’ of Fashion
The ‘instant fashion’ juggernaut’s explosive growth is attracting imitators. But keeping up with Shein’s relentless churn puts the industry on a perilous course when it comes to sustainability, writes Kenneth P. Pucker.
The News in Brief
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.
Mco Parent VidaCorp Rebrands to Axia Beauty Group
The company, which also owns brands Nude by Nature and Poni, also announced its new global headquarters and chief marketing officer.
Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.
Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.