Shopify Shares Soar as Revenue Outlook Beats Estimates
Shares surged after the company's third-quarter revenue outlook beat expectations, strengthening the view that it faces limited disruption from AI.
supply-chain
Sustainability
Fashion’s New Age of Volatility Hits Suppliers
Whipsawing consumer demand is squeezing fashion suppliers and their workers in countries like Bangladesh, Sarah Kent reports from Dhaka.
Fashion’s New Age of Volatility Hits Suppliers
Whipsawing consumer demand is squeezing fashion suppliers and their workers in countries like Bangladesh, Sarah Kent reports from Dhaka.
Partner Content
At Eastman Naia, Enabling the Creative Potential of Sustainable Fibres in Fashion
Five years after its launch, cellulosic fibre brand Eastman Naia became a supplier of sustainable fibres to brands such as Patagonia, Zara and H&M. Now, BoF talks to Ruth Farrell, Eastman Naia’s textiles general manager, to learn about the brand’s new product portfolio and customer demand for ecological action.
At Eastman Naia, Enabling the Creative Potential of Sustainable Fibres in Fashion
Five years after its launch, cellulosic fibre brand Eastman Naia became a supplier of sustainable fibres to brands such as Patagonia, Zara and H&M. Now, BoF talks to Ruth Farrell, Eastman Naia’s textiles general manager, to learn about the brand’s new product portfolio and customer demand for ecological action.
Sustainability
UN COP27 Summit Ends With Last-Ditch Deal for Historic Climate Damage Fund
The COP27 climate talks in Egypt, which came close to collapse in the closing stretches, ended with an early-hours deal to create a fund to pay poorer countries for the harm caused by climate change.
UN COP27 Summit Ends With Last-Ditch Deal for Historic Climate Damage Fund
The COP27 climate talks in Egypt, which came close to collapse in the closing stretches, ended with an early-hours deal to create a fund to pay poorer countries for the harm caused by climate change.
Sustainability
‘Stop Lying, Stop Greenwashing’ — Key Messages From COP27
From activists taking brands to task over corporate greenwashing to the finance gap and antitrust challenges, here’s what fashion leaders need to know from the UN’s high-stakes climate summit.
‘Stop Lying, Stop Greenwashing’ — Key Messages From COP27
From activists taking brands to task over corporate greenwashing to the finance gap and antitrust challenges, here’s what fashion leaders need to know from the UN’s high-stakes climate summit.
Sustainability
What Are Fashion’s Climate Risks?
Efforts to stave off catastrophic climate change are failing, reports from the UN’s COP27 climate summit show. From cotton yields to forced labour, here’s what that means for fashion.
What Are Fashion’s Climate Risks?
Efforts to stave off catastrophic climate change are failing, reports from the UN’s COP27 climate summit show. From cotton yields to forced labour, here’s what that means for fashion.
Retail
How to Make Rental Work
After years of trial and error, rental platforms have found new ways to improve margins and acquire customers, such as focussing on niche categories. Profitability remains elusive, however.
How to Make Rental Work
After years of trial and error, rental platforms have found new ways to improve margins and acquire customers, such as focussing on niche categories. Profitability remains elusive, however.
Retail
Retailers in the US Push Big Holiday Discounts to Ease Inventory Avalanche
American retailers are sitting on so much inventory that brands — particularly for apparel and housewares — have resorted to listing their goods on resale websites, hosting sample sales, giving stuff to employees, offering deep discounts and even throwing goods away.
Retailers in the US Push Big Holiday Discounts to Ease Inventory Avalanche
American retailers are sitting on so much inventory that brands — particularly for apparel and housewares — have resorted to listing their goods on resale websites, hosting sample sales, giving stuff to employees, offering deep discounts and even throwing goods away.
Retail
Fast Fashion Upstarts Are Using Shein’s Own Strategies Against It
The Chinese retailer’s influence on manufacturing has been just as seismic. Now, the breakneck supply chain pioneered by Shein is allowing a new swathe of brands to make the most of operating in the colossal retailer’s slipstream.
Fast Fashion Upstarts Are Using Shein’s Own Strategies Against It
The Chinese retailer’s influence on manufacturing has been just as seismic. Now, the breakneck supply chain pioneered by Shein is allowing a new swathe of brands to make the most of operating in the colossal retailer’s slipstream.
Global Markets
Weakening Global Demand Hurts Vietnam’s Garment Makers
The industry’s exports in the first 10 months of this year totalled $37.7 billion, up 16.9 percent from a year earlier and accounting for 12 percent of the country’s total exports, according to official data.
Weakening Global Demand Hurts Vietnam’s Garment Makers
The industry’s exports in the first 10 months of this year totalled $37.7 billion, up 16.9 percent from a year earlier and accounting for 12 percent of the country’s total exports, according to official data.
Retail
How to Approach Promotions This Holiday Season
Retailers sitting on piles of unsold merchandise have little choice but to ramp up discounts. But there’s a right way and a wrong way to attract bargain hunters.
How to Approach Promotions This Holiday Season
Retailers sitting on piles of unsold merchandise have little choice but to ramp up discounts. But there’s a right way and a wrong way to attract bargain hunters.
Retail
Shein’s US Expansion Adds Pressure for Its Fast Fashion Competitors
The apparel company founded in China is pushing to get its ultra-low priced merchandise on doorsteps more quickly by establishing distribution centres in the Midwest and California — a significant shift from its practice of shipping individual orders directly to US consumers from overseas.
Shein’s US Expansion Adds Pressure for Its Fast Fashion Competitors
The apparel company founded in China is pushing to get its ultra-low priced merchandise on doorsteps more quickly by establishing distribution centres in the Midwest and California — a significant shift from its practice of shipping individual orders directly to US consumers from overseas.
Sustainability
Big Brands Off Track on Climate Targets as Emissions Rise, Says Report
Most fashion companies are still going in the wrong direction when it comes curbing planet-warming emissions.
Big Brands Off Track on Climate Targets as Emissions Rise, Says Report
Most fashion companies are still going in the wrong direction when it comes curbing planet-warming emissions.
The News in Brief
Next Upgrades Profit Outlook Again on Strong Summer Spending
The UK retailer said it benefited from sunny weather and the release of some “pent-up demand” in the Middle East and northern Europe.
Shiseido’s Profits Recover in First Half Amid Turnaround
Growth turned positive in the second quarter, driven by key regions like the Americas, as the Japanese giant executes its yearlong restructuring plan.
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.
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.
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.