Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
supply-chain
Retail
Explainer: What the US-China Trade War Means for Fashion
President Trump’s sky-high tariffs on China, along with the end of the de minimis tax loophole, have left American fashion businesses scrambling. BoF unpacks the challenges ahead as companies try to navigate the situation.
Explainer: What the US-China Trade War Means for Fashion
President Trump’s sky-high tariffs on China, along with the end of the de minimis tax loophole, have left American fashion businesses scrambling. BoF unpacks the challenges ahead as companies try to navigate the situation.
Retail
Trump’s Tariffs: Assessing the Impact, One Week Later
As the shock wears off, fashion businesses are starting to draw up plans to navigate a market that is still rapidly changing under their feet.
Trump’s Tariffs: Assessing the Impact, One Week Later
As the shock wears off, fashion businesses are starting to draw up plans to navigate a market that is still rapidly changing under their feet.
Luxury
Explainer: How Trump’s Tariffs Threaten Luxury Fashion
The Trump administration’s radical changes to US trade policy won’t push retail prices up enough to directly dampen sales, but the effects on the global economy and consumer sentiment could seriously dent an industry still struggling to bounce back from a sharp downturn in demand.
Explainer: How Trump’s Tariffs Threaten Luxury Fashion
The Trump administration’s radical changes to US trade policy won’t push retail prices up enough to directly dampen sales, but the effects on the global economy and consumer sentiment could seriously dent an industry still struggling to bounce back from a sharp downturn in demand.
Retail
Trump’s Tariffs Rock Fashion’s Supply Chain
Some of the most severe import duties announced Wednesday were aimed at apparel manufacturing hubs.
Trump’s Tariffs Rock Fashion’s Supply Chain
Some of the most severe import duties announced Wednesday were aimed at apparel manufacturing hubs.
Global Markets
For Canadians, Trump’s ‘51st State’ Talk Is No Joke
Tariffs and talk of territorial conquest won’t stop with America’s northern neighbour. The fashion industry should be watching how Canada pushes back, and think about how they might respond should Trump’s attention turn to them, writes Imran Amed.
For Canadians, Trump’s ‘51st State’ Talk Is No Joke
Tariffs and talk of territorial conquest won’t stop with America’s northern neighbour. The fashion industry should be watching how Canada pushes back, and think about how they might respond should Trump’s attention turn to them, writes Imran Amed.
Beauty
‘Buy Canadian’ Becomes a Beauty Rallying Cry as Trump’s Tariffs Loom
Canada’s export-driven beauty startup scene is responding to the threat of tariffs with a newfound product patriotism.
‘Buy Canadian’ Becomes a Beauty Rallying Cry as Trump’s Tariffs Loom
Canada’s export-driven beauty startup scene is responding to the threat of tariffs with a newfound product patriotism.
News & Analysis
Tariffs on Canada, Mexico to Start Tuesday, Trump Says
US President Donald Trump declared there is no chance of preventing the 25 percent tariffs on Mexico and Canada from taking effect on Tuesday. The news sparked concerns over the potential economic impact and sent financial markets into turmoil.
Tariffs on Canada, Mexico to Start Tuesday, Trump Says
US President Donald Trump declared there is no chance of preventing the 25 percent tariffs on Mexico and Canada from taking effect on Tuesday. The news sparked concerns over the potential economic impact and sent financial markets into turmoil.
Retail
This Week: Trump’s Tariffs Return; The Oscars; Paris Fashion Week
Fashion’s reprieve from the administration’s trade war may be over. Plus, red carpet dressing’s conservative tilt, and two runway debuts.
This Week: Trump’s Tariffs Return; The Oscars; Paris Fashion Week
Fashion’s reprieve from the administration’s trade war may be over. Plus, red carpet dressing’s conservative tilt, and two runway debuts.
Partner Content
At Milano Unica, 20 Years of Shaping Sustainable Sourcing and Global Trade
To help fashion brands and businesses meet growing demand for more resilient and sustainable sourcing solutions amid shifting geopolitical dynamics, Milano Unica, Italy’s bi-annual textile and accessories trade fair, is evolving its focus and programming. BoF learns more from Simone Canclini, president of Milano Unica.
At Milano Unica, 20 Years of Shaping Sustainable Sourcing and Global Trade
To help fashion brands and businesses meet growing demand for more resilient and sustainable sourcing solutions amid shifting geopolitical dynamics, Milano Unica, Italy’s bi-annual textile and accessories trade fair, is evolving its focus and programming. BoF learns more from Simone Canclini, president of Milano Unica.
Partner Content
The Evolution of Global Textile Sourcing in 2025
Ahead of Texworld NYC next week, the biannual trade event which sees global textile suppliers and manufacturers meet with buyers from across the fashion industry, BoF examines the key themes which the fair’s programming forecasts will shape 2025’s textile sourcing.
The Evolution of Global Textile Sourcing in 2025
Ahead of Texworld NYC next week, the biannual trade event which sees global textile suppliers and manufacturers meet with buyers from across the fashion industry, BoF examines the key themes which the fair’s programming forecasts will shape 2025’s textile sourcing.
Sustainability
US Dockworkers, Port Employers Set to Restart Talks Next Week
Contract talks between port workers and their employers will resume on January 7, aiming to avert a strike that could disrupt key East and Gulf Coast ports, with the key issue of semi-automated machinery potentially stalling progress.
US Dockworkers, Port Employers Set to Restart Talks Next Week
Contract talks between port workers and their employers will resume on January 7, aiming to avert a strike that could disrupt key East and Gulf Coast ports, with the key issue of semi-automated machinery potentially stalling progress.
Luxury
Inside Luxury’s Broken Audit System
LVMH-owned Dior missed glaring problems during an assessment of working and safety conditions in its production arm in Italy last year, according to a review of unpublished court documents.
Inside Luxury’s Broken Audit System
LVMH-owned Dior missed glaring problems during an assessment of working and safety conditions in its production arm in Italy last year, according to a review of unpublished court documents.
The News in Brief
Puig Reports First-Half Revenue Growth After Estee Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.