Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.
supply-chain
Luxury
Diamond Prices Spike, Sanctions Disrupt Supply Chain
Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry could turn to behemoth De Beers to crank out extra gems when supply ran tight — but not this time.
Diamond Prices Spike, Sanctions Disrupt Supply Chain
Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry could turn to behemoth De Beers to crank out extra gems when supply ran tight — but not this time.
Technology
Get Ready for the Great Fashion Tech Acceleration
As the industry gets ready for unprecedented pace of technological advancements, leading brands and retailers are expected to double their spending by 2030 on everything from AI to hyper-personalisation tools to traceability. BoF and McKinsey’s new special edition of The State of Fashion unpacks what lies ahead.
Get Ready for the Great Fashion Tech Acceleration
As the industry gets ready for unprecedented pace of technological advancements, leading brands and retailers are expected to double their spending by 2030 on everything from AI to hyper-personalisation tools to traceability. BoF and McKinsey’s new special edition of The State of Fashion unpacks what lies ahead.
News & Analysis
The State of Fashion: Technology — Download the Special Edition
The special edition of The State of Fashion report by The Business of Fashion and McKinsey & Company explores the great tech acceleration gripping the industry. Download the full report to understand the key imperatives that are spurring top brands and retailers to ramp up investments in technologies from AI to blockchain, to both address pain points and boost their competitive edge.
The State of Fashion: Technology — Download the Special Edition
The special edition of The State of Fashion report by The Business of Fashion and McKinsey & Company explores the great tech acceleration gripping the industry. Download the full report to understand the key imperatives that are spurring top brands and retailers to ramp up investments in technologies from AI to blockchain, to both address pain points and boost their competitive edge.
Technology
H&M Aims to Trace More Than 200 Million Garments by End of 2022
The fast-fashion giant is expanding its traceability programme with TextileGenesis, a blockchain-based platform, to cover all man-made cellulosics and recycled polyester.
H&M Aims to Trace More Than 200 Million Garments by End of 2022
The fast-fashion giant is expanding its traceability programme with TextileGenesis, a blockchain-based platform, to cover all man-made cellulosics and recycled polyester.
Sustainability
Higg Raises $50 Million With Eye on Expansion to New Categories
The software provider has already built a factory database with more than 30,000 sites, most of them serving the apparel industry and almost half of them in China.
Higg Raises $50 Million With Eye on Expansion to New Categories
The software provider has already built a factory database with more than 30,000 sites, most of them serving the apparel industry and almost half of them in China.
China
China’s ‘Zero-Covid’ Policy Poses Renewed Threat to Luxury
Shanghai’s current lockdown will eventually end but a new outbreak in Beijing and no end to the country’s rigid pandemic strategy suggest retail disruptions are likely elsewhere.
China’s ‘Zero-Covid’ Policy Poses Renewed Threat to Luxury
Shanghai’s current lockdown will eventually end but a new outbreak in Beijing and no end to the country’s rigid pandemic strategy suggest retail disruptions are likely elsewhere.
Retail
Primark to Raise Prices as Cost Pressures Mount
The group said Primark has been unable to fully offset the cost pressures it is facing with savings and so will implement selective price increases across some of its Autumn/Winter stock from August.
Primark to Raise Prices as Cost Pressures Mount
The group said Primark has been unable to fully offset the cost pressures it is facing with savings and so will implement selective price increases across some of its Autumn/Winter stock from August.
Technology
Why Robots Still Can’t Do One of Fashion’s Most Important Jobs
Efforts to automate sewing have fallen short of expectations.
Why Robots Still Can’t Do One of Fashion’s Most Important Jobs
Efforts to automate sewing have fallen short of expectations.
China
China to Sign Forced Labour Treaties as Xinjiang Scrutiny Grows
China is set to ratify two international treaties on forced labour amid criticism over its treatment of the Uyghur ethnic minority, which has hindered trade ties with the US and Europe.
China to Sign Forced Labour Treaties as Xinjiang Scrutiny Grows
China is set to ratify two international treaties on forced labour amid criticism over its treatment of the Uyghur ethnic minority, which has hindered trade ties with the US and Europe.
Retail
How Brands Can Deal With Rising Costs
From altering products to buying materials in bulk, brands and retailers are adapting to a volatile market.
How Brands Can Deal With Rising Costs
From altering products to buying materials in bulk, brands and retailers are adapting to a volatile market.
Technology
The Key to E-Commerce Success: Treat Clothing as Content
For many consumers, the endless feed of new styles offered by online retailers like Shein, The RealReal and Grailed is as much about entertainment as shopping. Either way, they’re hooked.
The Key to E-Commerce Success: Treat Clothing as Content
For many consumers, the endless feed of new styles offered by online retailers like Shein, The RealReal and Grailed is as much about entertainment as shopping. Either way, they’re hooked.
China
China Aims to Recycle 25% of Textile Waste By 2025
As well as recycling a quarter of the 22 million tonnes of textile waste accrued each year, the country is looking to produce two million tonnes of recycled fibre annually within the next three years.
China Aims to Recycle 25% of Textile Waste By 2025
As well as recycling a quarter of the 22 million tonnes of textile waste accrued each year, the country is looking to produce two million tonnes of recycled fibre annually within the next three years.
The News in Brief
Under Armour Forecasts Steeper Annual Sales Decline
The athletic apparel maker is struggling with weak consumer demand amid macroeconomic uncertainty in its key North American market.
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Vogue World 2027 Will Be Held in San Francisco
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Sydney Towle, Influencer and Health Activist, Has Died
Towle, known for sharing her life as a young woman living with cancer, passed away aged 26 on Wednesday.
Ralph Lauren Beats Estimates on Demand From Affluent Shoppers
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins
The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs and currency-related costs offset sales gains.