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Retail

Dr Martens Issues Fourth Profit Warning of Year Amid Weak US sales

The Northamptonshire-based footwear brand said sales fell 5 percent to £396 million ($499 million).

Retail

Dr Martens Issues Fourth Profit Warning of Year Amid Weak US sales

The Northamptonshire-based footwear brand said sales fell 5 percent to £396 million ($499 million).


News & Analysis

BoF Masterclass | The State of Fashion 2024

BoF’s Imran Amed and McKinsey’s Achim Berg unpack what opportunities and challenges businesses should look out for in the year ahead.

News & Analysis

BoF Masterclass | The State of Fashion 2024

BoF’s Imran Amed and McKinsey’s Achim Berg unpack what opportunities and challenges businesses should look out for in the year ahead.


News & Analysis

The State of Fashion 2024: Riding Out the Storm

The eighth annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals an industry navigating deep uncertainty. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead.

News & Analysis

The State of Fashion 2024: Riding Out the Storm

The eighth annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals an industry navigating deep uncertainty. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead.


Sustainability

A Controversial Alternative to Fashion’s Coal Addiction

Big brands like H&M Group, Inditex and Nike are turning to biomass like wood pellets and agricultural waste in a bid to get the world’s dirtiest fossil fuel out of energy-intensive manufacturing processes. Climate groups say it’s not any better.

Sustainability

A Controversial Alternative to Fashion’s Coal Addiction

Big brands like H&M Group, Inditex and Nike are turning to biomass like wood pellets and agricultural waste in a bid to get the world’s dirtiest fossil fuel out of energy-intensive manufacturing processes. Climate groups say it’s not any better.


Sustainability

Would Higher Wages Break Fast Fashion’s Business Model?

This week, deadly protests after the Bangladeshi government proposed a minimum wage increase well below the level unions had called for highlighted a fundamental challenge in raising worker salaries: somebody has to pay for it.

Sustainability

Would Higher Wages Break Fast Fashion’s Business Model?

This week, deadly protests after the Bangladeshi government proposed a minimum wage increase well below the level unions had called for highlighted a fundamental challenge in raising worker salaries: somebody has to pay for it.


Sustainability

Bangladesh Hikes Minimum Wage for Garment Workers After Protests

Bangladesh will raise the minimum wage for garment workers by 56.25 percent, the first hike since 2019.

Sustainability

Bangladesh Hikes Minimum Wage for Garment Workers After Protests

Bangladesh will raise the minimum wage for garment workers by 56.25 percent, the first hike since 2019.


Sustainability

Bangladesh Wage Protests Turn Deadly

Police have clashed with thousands of garment workers demanding higher wages in protests that have left factories damaged and at least two dead, according to media reports.

Sustainability

Bangladesh Wage Protests Turn Deadly

Police have clashed with thousands of garment workers demanding higher wages in protests that have left factories damaged and at least two dead, according to media reports.


Entrepreneurship

How War Changed Ukrainian Brand Sleeper

When Russia invaded early last year, the Kyiv-based brand — known for its viral feathered party pyjamas — was forced into survival mode. Now, founders Asya Varetsa and Kate Zubarieva are ready to speed up growth and introduce a new Sleeper, starting with a fresh logo.

Entrepreneurship

How War Changed Ukrainian Brand Sleeper

When Russia invaded early last year, the Kyiv-based brand — known for its viral feathered party pyjamas — was forced into survival mode. Now, founders Asya Varetsa and Kate Zubarieva are ready to speed up growth and introduce a new Sleeper, starting with a fresh logo.


Luxury

G7 Plan to Ban Russian Diamonds to Further Dim Industry Sparkle

The global diamond sector is scrambling to get ahead of an upcoming G7 ban on Russian gems

Luxury

G7 Plan to Ban Russian Diamonds to Further Dim Industry Sparkle

The global diamond sector is scrambling to get ahead of an upcoming G7 ban on Russian gems


Beauty

Brexit Blamed for £850 Million Drop in Beauty Exports

Beauty exports from the UK to the European Union have fallen by more than £850 million ($1 billion) since the Brexit vote, as customs delays and increased costs put the brakes on orders.

Beauty

Brexit Blamed for £850 Million Drop in Beauty Exports

Beauty exports from the UK to the European Union have fallen by more than £850 million ($1 billion) since the Brexit vote, as customs delays and increased costs put the brakes on orders.


Retail

UPS Acquires Happy Returns

UPS on Wednesday announced that it bought reverse logistics start-up Happy Returns from its previous owner PayPal for an undisclosed sum. The deal is expected to close in the final quarter of the year.

Retail

UPS Acquires Happy Returns

UPS on Wednesday announced that it bought reverse logistics start-up Happy Returns from its previous owner PayPal for an undisclosed sum. The deal is expected to close in the final quarter of the year.


Retail

Amazon Analysts Expect Same-Day Delivery to Boost Margins in Q3

Investors will look for signs that Amazon’s aggressive expansion of same-day delivery services helped increase its third-quarter profit margin by spurring shoppers to place more frequent and bigger orders.

Retail

Amazon Analysts Expect Same-Day Delivery to Boost Margins in Q3

Investors will look for signs that Amazon’s aggressive expansion of same-day delivery services helped increase its third-quarter profit margin by spurring shoppers to place more frequent and bigger orders.