CFDA’s Steven Kolb Involved in Altercation with PETA Protestors
The trade body’s president physically restrained animal rights activists after they stormed a Cos runway show at New York Fashion Week.
tariff
Global Markets
Worldview | Omoyemi Akerele Takes Lagos Fashion Week to the Next Level
This week’s round-up of global markets fashion business news also features South Korean exports, Egyptian textile factories and Mexico’s luxury department stores.
Worldview | Omoyemi Akerele Takes Lagos Fashion Week to the Next Level
This week’s round-up of global markets fashion business news also features South Korean exports, Egyptian textile factories and Mexico’s luxury department stores.
Global Markets
India’s Modi Faces Demands From Exporters to Ease Trump’s Tariff Pain
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.
India’s Modi Faces Demands From Exporters to Ease Trump’s Tariff Pain
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.
Retail
What Tariffs? Europe Inc. Adapts as Many Firms Post Gains in US
Companies from luxury players to Unilever are navigating tariffs better than anticipated.
What Tariffs? Europe Inc. Adapts as Many Firms Post Gains in US
Companies from luxury players to Unilever are navigating tariffs better than anticipated.
Retail
Trump Shaves China Tariffs After ‘Amazing’ Xi Meeting
The meeting between US president Donald Trump and China’s Xi Jinping resulted in an agreement to de-escalate some measures but left fundamental issues unresolved.
Trump Shaves China Tariffs After ‘Amazing’ Xi Meeting
The meeting between US president Donald Trump and China’s Xi Jinping resulted in an agreement to de-escalate some measures but left fundamental issues unresolved.
Global Markets
Trump, Xi Set to Formalise Trade Truce After Months of Chaos
Initial signals indicate the leaders are readying a pact that could see a rollback of some tariffs, fees and export restrictions threatened or implemented in recent months.
Trump, Xi Set to Formalise Trade Truce After Months of Chaos
Initial signals indicate the leaders are readying a pact that could see a rollback of some tariffs, fees and export restrictions threatened or implemented in recent months.
Retail
How Small Brands Are Handling the End of De Minimis
For a number of independent brands, the end of US’ de minimis exemption is the latest complication that required sharpening operations and making tough choices about where to invest.
How Small Brands Are Handling the End of De Minimis
For a number of independent brands, the end of US’ de minimis exemption is the latest complication that required sharpening operations and making tough choices about where to invest.
Sustainability
India’s Garment Workers Are Paying the Price for Trump’s Tariffs
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.”
India’s Garment Workers Are Paying the Price for Trump’s Tariffs
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.”
Luxury
Opinion: Rolex Prices Ride High on Tariffs, Gold
The US secondary watch market is stabilising, with prices likely to keep rising for top brands like Rolex and Patek Philippe, Andrea Felsted writes.
Opinion: Rolex Prices Ride High on Tariffs, Gold
The US secondary watch market is stabilising, with prices likely to keep rising for top brands like Rolex and Patek Philippe, Andrea Felsted writes.
Retail
Primark Seizes Us Opportunity as Trump Hits Online Rivals
The budget chain is expanding in the US, banking that the end of the de minimis exemption for e-commerce parcels will drive shoppers to brick-and-mortar stores.
Primark Seizes Us Opportunity as Trump Hits Online Rivals
The budget chain is expanding in the US, banking that the end of the de minimis exemption for e-commerce parcels will drive shoppers to brick-and-mortar stores.
Luxury
Swiss Watch Exports Slump in September, Hurt by US Tariffs
Swiss watch exports fell in September, hurt by the Trump administration’s 39 percent tariff on imports from Switzerland to the US, the industry’s largest market.
Swiss Watch Exports Slump in September, Hurt by US Tariffs
Swiss watch exports fell in September, hurt by the Trump administration’s 39 percent tariff on imports from Switzerland to the US, the industry’s largest market.
Global Markets
Will Fashion Brands Strike Gold This Diwali?
Global brands are betting that glittering campaigns and festive designs will tempt Indian shoppers to look past economic headwinds and splurge during a key spending period in the retail calendar.
Will Fashion Brands Strike Gold This Diwali?
Global brands are betting that glittering campaigns and festive designs will tempt Indian shoppers to look past economic headwinds and splurge during a key spending period in the retail calendar.
Retail
Shein Warns on Trump Tariff Uncertainty After Profits Slip
The Singaporean parent company of the ultra-fast-fashion retailer said pre-tax profits had fallen by 13 percent to $1.3 billion last year from $1.3 billion in 2023 after an increase in selling and marketing costs.
Shein Warns on Trump Tariff Uncertainty After Profits Slip
The Singaporean parent company of the ultra-fast-fashion retailer said pre-tax profits had fallen by 13 percent to $1.3 billion last year from $1.3 billion in 2023 after an increase in selling and marketing costs.
The News in Brief
GQ Philippines Names Danyl Geneciran Editor in Chief
The former Vogue Man Philippines editor will helm GQ’s 23rd international title, whose debut issue features covers starring Darren Criss, Jordan Clarkson and Erwan Heussaff.
Human Made Discloses $3.6 Million Undercover Purchase Price and Long-Term Financial Targets
The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.
Arizona Accuses L’Oréal of Concealing Cancer Risks Linked to Hair Relaxers
The beauty conglomerate faces over 12,000 similar lawsuits filed by individuals that have been consolidated in a Chicago federal court.
Space NK Names New CEO, Andy Lightfoot Steps Down
Chief marketing officer Emma Simpson-Scott will succeed Lightfoot, who is leaving the UK retailer after seven years at the helm.
EssilorLuxottica Managers Defend CEO After Heir Lashes Out
Twenty top lieutenants to CEO Francesco Milleri came to their boss’s defense in an escalating feud with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the company.
Zara Owner Looks to US for Next Phase of Growth
Inditex is investing in the US as a key growth market, CEO Oscar Garcia Maceiras told Reuters, with store revamps and new openings planned across its Zara, Massimo Dutti and Bershka brands.
Activist Investor Takes New Stake in Bath & Body Works
The activist investor is recommending the personal-care and fragrance store chain to explore a sale, claiming it has been undervalued and hampered by unstable management.