Action is needed much faster than it will take for voluntary national commitments to kick in.
Action is needed much faster than it will take for voluntary national commitments to kick in.
The drop marks the third month in a row that exports have fallen as US president Donald Trump’s tariffs continued to weigh on the industry.
The drop marks the third month in a row that exports have fallen as US president Donald Trump’s tariffs continued to weigh on the industry.
The 10th annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals how changes in trade, technology and consumer behaviour will challenge businesses in 2026. Download the full report to understand the 10 themes that will shape the industry and opportunities for growth in the year ahead.
The 10th annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals how changes in trade, technology and consumer behaviour will challenge businesses in 2026. Download the full report to understand the 10 themes that will shape the industry and opportunities for growth in the year ahead.
With efforts to avert climate crisis just limping along, the industry needs to brace for a harsh new reality.
With efforts to avert climate crisis just limping along, the industry needs to brace for a harsh new reality.
After months of political wrangling, Europe’s Parliament has reached a deal to significantly scale back landmark corporate sustainability rules, paving the way for much laxer environmental reporting and due diligence requirements for large fashion brands.
After months of political wrangling, Europe’s Parliament has reached a deal to significantly scale back landmark corporate sustainability rules, paving the way for much laxer environmental reporting and due diligence requirements for large fashion brands.
As the Californian outerwear brand publishes its first ever sustainability progress report, its 50-year effort to model and promote a more climate-friendly form of capitalism is under threat.
As the Californian outerwear brand publishes its first ever sustainability progress report, its 50-year effort to model and promote a more climate-friendly form of capitalism is under threat.
As the UN’s annual COP climate summit gets underway against a challenging backdrop, the industry’s near-term pledges to help cap planet-warming emissions are slipping out of reach.
As the UN’s annual COP climate summit gets underway against a challenging backdrop, the industry’s near-term pledges to help cap planet-warming emissions are slipping out of reach.
Industries such as footwear and textiles in India are asking prime minister Narendra Modi for support dealing with the fallout from steep US tariffs on Indian goods.
Industries such as footwear and textiles in India are asking prime minister Narendra Modi for support dealing with the fallout from steep US tariffs on Indian goods.
The standards big brands rely on to back up their green claims are facing intense and unflattering scrutiny, Trump’s trade war is having far-reaching and destructive impacts on the lives of garment workers and what to watch ahead of the UN’s COP climate summit.
The standards big brands rely on to back up their green claims are facing intense and unflattering scrutiny, Trump’s trade war is having far-reaching and destructive impacts on the lives of garment workers and what to watch ahead of the UN’s COP climate summit.
Two months since the US hit India with 50 percent import duties, labourers in the country’s largest apparel manufacturing hubs face mass layoffs, reduced hours, and indefinite furloughs. The message from factories: “Come back once things in America get better.”
Two months since the US hit India with 50 percent import duties, labourers in the country’s largest apparel manufacturing hubs face mass layoffs, reduced hours, and indefinite furloughs. The message from factories: “Come back once things in America get better.”
Some in the industry are becoming more vocal in suggesting that government, not brands, should be responsible for violations deep in the luxury supply chain and things are getting political.
Some in the industry are becoming more vocal in suggesting that government, not brands, should be responsible for violations deep in the luxury supply chain and things are getting political.
Big luxury has deployed a tried and tested playbook to defuse the fallout from an ongoing sweatshop scandal, there’s been an unusual level of regulatory drama in Brussels and we’re giving up on the prospect of an Hermès handbag made from mushroom leather.
Big luxury has deployed a tried and tested playbook to defuse the fallout from an ongoing sweatshop scandal, there’s been an unusual level of regulatory drama in Brussels and we’re giving up on the prospect of an Hermès handbag made from mushroom leather.
The Franco-Italian eyewear maker reported a 15% rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.
French newspaper Le Monde published a six-part series last week on the tycoon, including alleged tensions among his family members driven by succession.
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.