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.
tariff
Global Markets
China Pledges to Help Tariff-Hit Exporters Find Local Buyers
The manufacturing superpower has vowed to harness its market to help ‘promote the combination of stabilising foreign trade and expanding consumption,’ the Commerce Ministry said Friday.
China Pledges to Help Tariff-Hit Exporters Find Local Buyers
The manufacturing superpower has vowed to harness its market to help ‘promote the combination of stabilising foreign trade and expanding consumption,’ the Commerce Ministry said Friday.
Retail
Trump’s Trade War Is Reshaping Shipping Routes
For years, brands have used Mexico as a cheap storage location for goods destined for sale in the US market. Now, new tariffs have spurred an exodus, with companies rushing to shift warehousing onto American soil.
Trump’s Trade War Is Reshaping Shipping Routes
For years, brands have used Mexico as a cheap storage location for goods destined for sale in the US market. Now, new tariffs have spurred an exodus, with companies rushing to shift warehousing onto American soil.
Retail
Temu, Shein See US Sales Surge Ahead of Small-Parcel Tariff
Shein’s revenue accelerated to 38 percent in the first 11 days of April while Temu saw 60 percent growth, Bloomberg reported.
Temu, Shein See US Sales Surge Ahead of Small-Parcel Tariff
Shein’s revenue accelerated to 38 percent in the first 11 days of April while Temu saw 60 percent growth, Bloomberg reported.
China
Shein’s Tariff-Busting Shift Hits Home in Chinese Factory Hub
Local factories report falling orders, claiming the ultra-fast-fashion giant is diversifying production to Vietnam.
Shein’s Tariff-Busting Shift Hits Home in Chinese Factory Hub
Local factories report falling orders, claiming the ultra-fast-fashion giant is diversifying production to Vietnam.
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
The Debrief | Can Tariffs Really Revive ‘Made in USA’ Fashion?
BoF correspondents Malique Morris and Marc Bain discuss the complicated reality of Trump's tariffs and their promise to bring fashion manufacturing back to the US.
The Debrief | Can Tariffs Really Revive ‘Made in USA’ Fashion?
BoF correspondents Malique Morris and Marc Bain discuss the complicated reality of Trump's tariffs and their promise to bring fashion manufacturing back to the US.
Beauty
South Korea’s Amorepacific Weighs Faster US Manufacturing Pivot
The K-beauty cosmetics company, which relies heavily on China and South Korea for production, is planning to invest in logistics and manufacturing facilities in the US.
South Korea’s Amorepacific Weighs Faster US Manufacturing Pivot
The K-beauty cosmetics company, which relies heavily on China and South Korea for production, is planning to invest in logistics and manufacturing facilities in the US.
Global Markets
Worldview | Panic Grips Asia’s Factories Despite US Tariff Pause
This week’s round-up of global markets fashion business news also features the impact of Trump’s tariffs on Middle East manufacturers, Chinese duty-free stocks and Sao Paulo Fashion Week.
Worldview | Panic Grips Asia’s Factories Despite US Tariff Pause
This week’s round-up of global markets fashion business news also features the impact of Trump’s tariffs on Middle East manufacturers, Chinese duty-free stocks and Sao Paulo Fashion Week.
Retail
How Made-in-America Brands Turn Tariff Turmoil Into Opportunity
While tariff uncertainty threatens to roil the global fashion industry, brands that already produce their goods in the US have an opportunity to shine if they’re able to communicate the value of American manufacturing to cautious consumers.
How Made-in-America Brands Turn Tariff Turmoil Into Opportunity
While tariff uncertainty threatens to roil the global fashion industry, brands that already produce their goods in the US have an opportunity to shine if they’re able to communicate the value of American manufacturing to cautious consumers.
Global Markets
Trump Sees ‘Transition Problems’ With China Tariffs at 145%
‘There’ll be a transition cost, and transition problems, but in the end it’s going to be a beautiful thing,’ Trump said Thursday during a Cabinet meeting. ‘We’re in very good shape.’
Trump Sees ‘Transition Problems’ With China Tariffs at 145%
‘There’ll be a transition cost, and transition problems, but in the end it’s going to be a beautiful thing,’ Trump said Thursday during a Cabinet meeting. ‘We’re in very good shape.’
Global Markets
EU Suspends Retaliatory 25% Tariffs on US Goods After Trump U-Turn
European Commission president Ursula von der Leyen said, “If negotiations are not satisfactory, our countermeasures will kick in,” underscoring that the retaliatory tariffs are on hold for 90 days.
EU Suspends Retaliatory 25% Tariffs on US Goods After Trump U-Turn
European Commission president Ursula von der Leyen said, “If negotiations are not satisfactory, our countermeasures will kick in,” underscoring that the retaliatory tariffs are on hold for 90 days.
Sustainability
Tariffs Won’t Kill Fast Fashion, But They Might Kill Sustainable Fashion
Some have hailed America’s escalating trade war as a means to finally curb overconsumption of cheap goods. Instead, the economic hardship its likely to bring on will eviscerate efforts to transform the industry for the better, writes Kenneth P. Pucker.
Tariffs Won’t Kill Fast Fashion, But They Might Kill Sustainable Fashion
Some have hailed America’s escalating trade war as a means to finally curb overconsumption of cheap goods. Instead, the economic hardship its likely to bring on will eviscerate efforts to transform the industry for the better, writes Kenneth P. Pucker.
The News in Brief
Chanel Sales Up 16% in First Half
Chanel’s sales are accelerating after returning to growth last year, Bloomberg reported citing an unnamed source. Beauty sales rose 8 percent.
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.
Ferragamo Returns to Profit as Relaunch Strategy Advances
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.
Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.
Zalando Narrows Profit Outlook, Sees Growth at Lower End of Range
The online fashion retailer said 2026 revenue and growth will land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook.