On Sneaker Brand’s Shares Slump After Sales Disappoint
The Swiss brand's stock tumbled after it posted disappointing second-quarter sales and issued a slightly more cautious sales forecast for the year.
supply-chain
Beauty
Estée Lauder Raises Annual Forecasts on Recovering Cosmetics Demand
Sales of the cosmetics maker rose in every region in the last three months of 2021 and demand for most of its products grew from pre-pandemic levels, powering the company’s second-quarter earnings above Wall Street expectations.
Estée Lauder Raises Annual Forecasts on Recovering Cosmetics Demand
Sales of the cosmetics maker rose in every region in the last three months of 2021 and demand for most of its products grew from pre-pandemic levels, powering the company’s second-quarter earnings above Wall Street expectations.
Workplace & Talent
A Guide to Fashion’s New C-Suite
The executive ranks at big brands increasingly include once-unknown job titles, reflecting an industry-wide shift in focus to improve its record on areas such as diversity, sustainability and logistics.
A Guide to Fashion’s New C-Suite
The executive ranks at big brands increasingly include once-unknown job titles, reflecting an industry-wide shift in focus to improve its record on areas such as diversity, sustainability and logistics.
Retail
Asics Defies Nike’s China Underperformance in Return to Profit
Asics shares still remain down more than 3 percent in 2022, though Chinese brands that surged last year as they benefited from the travails of foreign rivals have also had muted starts to this year.
Asics Defies Nike’s China Underperformance in Return to Profit
Asics shares still remain down more than 3 percent in 2022, though Chinese brands that surged last year as they benefited from the travails of foreign rivals have also had muted starts to this year.
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.
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.
Retail
Levi Strauss & Co. Says Price Hikes Aren’t Scaring Away Denim Shoppers
Levi Strauss & Co. gave a stronger-than-expected sales outlook and said price hikes aren’t hurting demand for its clothes.
Levi Strauss & Co. Says Price Hikes Aren’t Scaring Away Denim Shoppers
Levi Strauss & Co. gave a stronger-than-expected sales outlook and said price hikes aren’t hurting demand for its clothes.
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.
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.
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.
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.
Retail
Why Fashion Can’t Escape the Discount Cycle
Last year, American retailers seemed to have broken their habit of relying on deep promotions, thanks to limited inventory and pent-up demand. These beneficial circumstances, experts say, may be disappearing in 2022.
Why Fashion Can’t Escape the Discount Cycle
Last year, American retailers seemed to have broken their habit of relying on deep promotions, thanks to limited inventory and pent-up demand. These beneficial circumstances, experts say, may be disappearing in 2022.
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.
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.
Global Markets
India’s Cotton Textile Exports Grow in 2021
Exports of cotton yarn, fabrics and handloom products in April to December 2021 reached $11.29 billion, an increase of 66 percent over exports of $6.8 billion in the corresponding period of the previous fiscal year.
India’s Cotton Textile Exports Grow in 2021
Exports of cotton yarn, fabrics and handloom products in April to December 2021 reached $11.29 billion, an increase of 66 percent over exports of $6.8 billion in the corresponding period of the previous fiscal year.
Luxury
Chanel Showcases French Luxury Crafts at New Atelier Complex
In a sign of the French luxury sector’s booming fortunes, Chanel will on Thursday inaugurate a huge complex of ateliers where artisans from around a dozen accessory suppliers create shoes, embroidery and other handmade crafts.
Chanel Showcases French Luxury Crafts at New Atelier Complex
In a sign of the French luxury sector’s booming fortunes, Chanel will on Thursday inaugurate a huge complex of ateliers where artisans from around a dozen accessory suppliers create shoes, embroidery and other handmade crafts.
Retail
Puma Sales Reach Record as Shoe Demand Overcomes Covid Snags
Puma said sales reached a record €6.8 billion ($7.7 billion) in 2021, up 32 percent on a constant-currency basis.
Puma Sales Reach Record as Shoe Demand Overcomes Covid Snags
Puma said sales reached a record €6.8 billion ($7.7 billion) in 2021, up 32 percent on a constant-currency basis.
The News in Brief
Natura Posts 92% Decline in Quarterly Profit
Brazilian cosmetic maker Natura on Monday posted a second-quarter net profit of 35 million reais ($6.85 million), a 92.1 percent decline from the same period in 2025.
Report: Armani Stake Sale Could Be Delayed Beyond March 2027 Deadline
Citing company sources, Italian newspaper Corriere della Sera said market conditions for the luxury industry were still challenging and negotiating a deal could require time.
Shein to Launch IPO as Soon as August 19, Sources Say
The Hong Kong IPO could take place as soon as Wednesday of next week, two people with knowledge of the matter said on Tuesday.
John Lewis Managing Director Quits Job After Less Than Three Years
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.
Harvey Nichols Warns It Could Collapse Without Rescue Deal
The upscale department store says it will not be able to survive another year without new investment, as bidders for the chain circle.
Shein IPO Value Could Fall Short of $30 Billion Targeted by Some Investors
Bloomberg Intelligence estimates the ultra-fast fashion retailer supports a valuation of $22 billion to $25 billion, well below the roughly $30 billion valuation some investors have pushed for.
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.