Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
waste
Sustainability
Widespread Inaction on Sustainability Eclipses Progress at Fashion’s Biggest Companies
Efforts to transform the fashion industry in line with global ambitions to curb climate change and establish more responsible business practices by 2030 have yet to gain sufficient momentum, The BoF Sustainability Index 2022 finds.
Widespread Inaction on Sustainability Eclipses Progress at Fashion’s Biggest Companies
Efforts to transform the fashion industry in line with global ambitions to curb climate change and establish more responsible business practices by 2030 have yet to gain sufficient momentum, The BoF Sustainability Index 2022 finds.
Retail
Is This the Beginning of the End for Free Returns?
For much of the last two decades, online retailers have competed to offer cheaper, more convenient shopping experiences. What happens when one of the world’s biggest apparel sellers bucks the trend?
Is This the Beginning of the End for Free Returns?
For much of the last two decades, online retailers have competed to offer cheaper, more convenient shopping experiences. What happens when one of the world’s biggest apparel sellers bucks the trend?
Sustainability
The Debrief: Fashion’s Greenwashing Problem
In a sea of unsubstantiated claims about sustainability, BoF’s Sarah Kent explains why it's so hard to measure impact, and what sort of regulation could be coming for fashion.
The Debrief: Fashion’s Greenwashing Problem
In a sea of unsubstantiated claims about sustainability, BoF’s Sarah Kent explains why it's so hard to measure impact, and what sort of regulation could be coming for fashion.
Sustainability
Higg Raises $50 Million With Eye on Expansion to New Categories
The software provider has already built a factory database with more than 30,000 sites, most of them serving the apparel industry and almost half of them in China.
Higg Raises $50 Million With Eye on Expansion to New Categories
The software provider has already built a factory database with more than 30,000 sites, most of them serving the apparel industry and almost half of them in China.
China
China Aims to Recycle 25% of Textile Waste By 2025
As well as recycling a quarter of the 22 million tonnes of textile waste accrued each year, the country is looking to produce two million tonnes of recycled fibre annually within the next three years.
China Aims to Recycle 25% of Textile Waste By 2025
As well as recycling a quarter of the 22 million tonnes of textile waste accrued each year, the country is looking to produce two million tonnes of recycled fibre annually within the next three years.
Sustainability
Only Severe Emissions Cuts Will Avoid Climate Extremes, UN IPCC Report Warns
Drastic cuts to fossil fuel use and growing forests are just some of the actions needed in this decade to contain global warming to 1.5 degrees Celsius above preindustrial temperatures, a major report by the UN climate science agency said Monday.
Only Severe Emissions Cuts Will Avoid Climate Extremes, UN IPCC Report Warns
Drastic cuts to fossil fuel use and growing forests are just some of the actions needed in this decade to contain global warming to 1.5 degrees Celsius above preindustrial temperatures, a major report by the UN climate science agency said Monday.
Sustainability
Apparel Among Worst Performing Sectors on Climate Disclosure, CDP Says
Just 1 percent of companies who submit climate change-related data to nonprofit environmental disclosure platform CDP provide investors with the information they need to assess whether they have a credible plan for the transition to a low-carbon economy.
Apparel Among Worst Performing Sectors on Climate Disclosure, CDP Says
Just 1 percent of companies who submit climate change-related data to nonprofit environmental disclosure platform CDP provide investors with the information they need to assess whether they have a credible plan for the transition to a low-carbon economy.
Sustainability
Masterclass | Can a Materials Revolution Make Fashion More Sustainable?
Understand how the industry can change materials to lessen environmental impact.
Masterclass | Can a Materials Revolution Make Fashion More Sustainable?
Understand how the industry can change materials to lessen environmental impact.
Sustainability
Global Warming Is Outrunning Efforts to Protect Human Life, Scientists Warn
The report, released Monday by the world’s top climate scientists, warns of a growing mismatch between rising temperatures and slow, fragmented efforts to adapt, leaving little time for catching up before “a brief and rapidly closing window of opportunity” is sealed shut.
Global Warming Is Outrunning Efforts to Protect Human Life, Scientists Warn
The report, released Monday by the world’s top climate scientists, warns of a growing mismatch between rising temperatures and slow, fragmented efforts to adapt, leaving little time for catching up before “a brief and rapidly closing window of opportunity” is sealed shut.
Sustainability
How Can Fashion Become Truly Circular?
On this week’s episode of The BoF Podcast, Dame Ellen MacArthur explains how the fashion industry can move toward a waste-free future.
How Can Fashion Become Truly Circular?
On this week’s episode of The BoF Podcast, Dame Ellen MacArthur explains how the fashion industry can move toward a waste-free future.
Retail
Saving Fashion an Arm and a Leg (and Some Torsos Too)
Mannequin Madness is a company that salvages 60 tons of plastic and fibreglass figurines every year, highlighting an oft-overlooked area of sustainability in the industry.
Saving Fashion an Arm and a Leg (and Some Torsos Too)
Mannequin Madness is a company that salvages 60 tons of plastic and fibreglass figurines every year, highlighting an oft-overlooked area of sustainability in the industry.
Sustainability
Understanding the Power of Mycelium and the Mushroom Movement
An oft-overlooked natural asset, mushrooms are not just infiltrating the fashion industry, but also have the potential to unlock new ways of thinking and healing.
Understanding the Power of Mycelium and the Mushroom Movement
An oft-overlooked natural asset, mushrooms are not just infiltrating the fashion industry, but also have the potential to unlock new ways of thinking and healing.
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.