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.
Global Markets
A guide to unlocking opportunity in emerging and frontier fashion markets.
Worldview | Bridal Couture Dominates India Couture Week 2025
This week’s round-up of global markets fashion business news also features Bangladesh’s apparel growth and India’s Kolhapuri chappals tech makeover.
Worldview | Bridal Couture Dominates India Couture Week 2025
This week’s round-up of global markets fashion business news also features Bangladesh’s apparel growth and India’s Kolhapuri chappals tech makeover.
Worldview | Deportation of Afghan Workers Poses Challenges to Iran’s Fashion Industry
This week’s round-up of global markets fashion business news also features ByteDance’s move into the Indonesian online marketplace, Botswana challenges Anglo over De Beers divestment and Industrie Africa marks five years with luxury retail push in Zanzibar.
Worldview | Deportation of Afghan Workers Poses Challenges to Iran’s Fashion Industry
This week’s round-up of global markets fashion business news also features ByteDance’s move into the Indonesian online marketplace, Botswana challenges Anglo over De Beers divestment and Industrie Africa marks five years with luxury retail push in Zanzibar.
Trump Says Indonesia Goods to Face 19% Tariff Under New Pact
Indonesia also agreed to purchase $15 billion in US energy, $4.5 billion worth of agricultural products and 50 Boeing Co. jets, “many of them 777’s,” Trump said later on social media.
Trump Says Indonesia Goods to Face 19% Tariff Under New Pact
Indonesia also agreed to purchase $15 billion in US energy, $4.5 billion worth of agricultural products and 50 Boeing Co. jets, “many of them 777’s,” Trump said later on social media.
Worldview | Fashion Sourcing Countries Hit by Even More Tariff Uncertainty
This week’s round-up of global markets fashion business news also features Japanese resale giant Valuence, Brazilian footwear exports and the disaster facing Lesotho’s denim workers.
Worldview | Fashion Sourcing Countries Hit by Even More Tariff Uncertainty
This week’s round-up of global markets fashion business news also features Japanese resale giant Valuence, Brazilian footwear exports and the disaster facing Lesotho’s denim workers.
Crunch Time for South Asia’s Fashion Manufacturers
Factory owners and garment workers in countries like India, Bangladesh and Sri Lanka are feeling frustrated and nervous as their governments scramble to negotiate trade deals to stave off the highest US tariffs ahead of president Donald Trump’s shifting timeline.
Crunch Time for South Asia’s Fashion Manufacturers
Factory owners and garment workers in countries like India, Bangladesh and Sri Lanka are feeling frustrated and nervous as their governments scramble to negotiate trade deals to stave off the highest US tariffs ahead of president Donald Trump’s shifting timeline.
Worldview | Turkish and Chinese Fashion Factories Invest in Egypt
This week’s round-up of global markets fashion business news also features Nykaa’s Hong Kong investor, Reliance Retail in India and Nigeria’s mooted textile hub.
Worldview | Turkish and Chinese Fashion Factories Invest in Egypt
This week’s round-up of global markets fashion business news also features Nykaa’s Hong Kong investor, Reliance Retail in India and Nigeria’s mooted textile hub.
Tariff Turmoil Hits Vulnerable Fashion Manufacturers in Southeast Asia
Looming ‘reciprocal’ US tariffs threaten the profitability of larger suppliers and the viability of smaller ones in countries like Vietnam, Cambodia and Indonesia where some factories already face cancelled orders and worker layoffs.
Tariff Turmoil Hits Vulnerable Fashion Manufacturers in Southeast Asia
Looming ‘reciprocal’ US tariffs threaten the profitability of larger suppliers and the viability of smaller ones in countries like Vietnam, Cambodia and Indonesia where some factories already face cancelled orders and worker layoffs.
Trump to Levy 25% Tariffs on Japan, South Korea in August
The 25 percent rates do not include any sectoral-specific tariffs that the Trump administration would separately implement on goods imported in key industries.
Trump to Levy 25% Tariffs on Japan, South Korea in August
The 25 percent rates do not include any sectoral-specific tariffs that the Trump administration would separately implement on goods imported in key industries.
Worldview | Iran’s Fashion Retailers Still Reeling from War
This week’s round-up of global markets fashion business news also features Nike’s Chinese suppliers, South African e-tailer Takealot and the Japanese textile firm in trouble in Ecuador.
Worldview | Iran’s Fashion Retailers Still Reeling from War
This week’s round-up of global markets fashion business news also features Nike’s Chinese suppliers, South African e-tailer Takealot and the Japanese textile firm in trouble in Ecuador.
What the Israel-Iran Conflict Could Mean for Fashion
While a ceasefire is in place, shipping, supply chains and consumer sentiment remain threatened as tensions in the Middle East persist.
What the Israel-Iran Conflict Could Mean for Fashion
While a ceasefire is in place, shipping, supply chains and consumer sentiment remain threatened as tensions in the Middle East persist.
Can Korean Fashion Be as Big as K-Beauty, or K-Pop?
K-fashion made significant inroads in becoming a part of a global fashion conversation in 2025, with brands like Post Archive Faction and Gentle Monster grabbing attention. But scaling the category to become as big as other cultural exports remains challenging.
Can Korean Fashion Be as Big as K-Beauty, or K-Pop?
K-fashion made significant inroads in becoming a part of a global fashion conversation in 2025, with brands like Post Archive Faction and Gentle Monster grabbing attention. But scaling the category to become as big as other cultural exports remains challenging.
Worldview | Iran-Israel War Disrupts Local Businesses, Poses Global Risks
This week’s round-up of global markets fashion business news also features JD.com’s turnaround plan, pan-African e-commerce giant Jumia and Ecuador’s crackdown on Chinese e-tailers.
Worldview | Iran-Israel War Disrupts Local Businesses, Poses Global Risks
This week’s round-up of global markets fashion business news also features JD.com’s turnaround plan, pan-African e-commerce giant Jumia and Ecuador’s crackdown on Chinese e-tailers.
THE NEWS IN BRIEF
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
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.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
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.
Indian Textile Stocks Outperform on Trade Deal Optimism
Suppliers to retailers including Gap and Walmart are beating the broader market as investors bet India’s new trade agreements and shifting sourcing patterns will boost exports.
US Appeals Order Compelling Tariff Refunds
The Trump administration has formally appealed the order directing customs authorities to refund the global tariffs declared unlawful by the US Supreme Court earlier this year.
US Proposes New Tariffs on Dozens of Countries, Citing Forced Labour
The levies would affect imports from 60 trading partners, with rates ranging from 10% for Mexico, Canada and the UK to 12.5% for China, India and Brazil, as the Trump administration seeks to rebuild its tariff wall.
US Finalises Tariff Refunds of $35.5 Billion
US Customs and Border Protection validated over 80,000 applications for refunds covering an undisclosed number of shipments or entries.