Pandora Opens World’s Largest Jewellery Factory in Vietnam
The $150 million plant is the Danish jewellers first outside of Thailand, part of a bid to diversify its manufacturing footprint and boost supply-chain resilience.
Global Markets
A guide to unlocking opportunity in emerging and frontier fashion markets.
The Hong Kong Opportunity for Global Brands
Hong Kong’s fashion and luxury sector is preparing for an invigoration — with the recently established Hong Kong Fashion Fest designed to position Hong Kong as a premier fashion and design hub in Asia. At the Asia Fashion Leaders Forum in Hong Kong, BoF’s president Nick Blunden sat down with regional and global business leaders to speak about the opportunity and market reality of the region.
The Most Audacious Fashion Collabs in China
From Bottega Veneta’s poetry pact to Rui Zhou’s sex toy tie-up, marketing partnerships are becoming increasingly bold and imaginative as brands try to reignite demand in the cooling China market.
Worldview | Mexican Fashion Week Spotlights Carla Fernandez
This week’s round-up of global markets fashion business news also features China’s SKP department store, the new India-UK trade agreement and Brazil’s surging cotton exports.
The BoF Podcast | Modest Fashion at a Crossroads
Linda Anggrea of Modinity, Kareem Türe of Modanisa, and Rabia Zargarpur of Rabia Z join Imran Amed at BoF CROSSROADS 2025 to discuss modest fashion’s global rise, cultural significance, and commercial future.
Luxury Labels Ditch Steep China Discounts to Rebuild Value
Global fashion houses are reshaping their discount strategies in China, hoping to rebuild exclusivity and attract wealthy consumers amid an economic slowdown that has impacted middle-class spending.
Worldview | Almaty Fashion Week’s Central Asia Ambitions
This week’s round-up of global markets fashion business news also features Vogue Brazil, Mexico’s El Palacio de Hierro and Chinese exporters concealing their origin.
Michael Chalhoub’s Strategic Roadmap for Chalhoub Group
After his first 100 days as chief executive officer of Chalhoub Group, Michael Chalhoub joined Imran Amed, BoF’s founder and chief executive officer, at BoF CROSSROADS in Dubai — to discuss the state of luxury in the MENA region and the strategic next steps for the third-generation Chalhoub leader.
Pakistani Fashion Brands Chase Global Diaspora
From high-street labels to haute couture houses, Pakistani brands are opening international stores as far afield as suburban Texas and London’s luxury district in a push to diversify away from the shaky domestic market where some have reached saturation point.
US Economy Contracts for First Time Since 2022 on Imports Surge
The US GDP decreased an annualised 0.3 percent in the first quarter, well below average growth of 3 percent in the previous two years.
Why China’s Gold Jewellers Are the Envy of Global Brands
With soaring profits and rapidly expanding store networks, ‘heritage-gold’ jewellery brands like Laopu Gold and Lao Feng Xiang are red-hot in China’s otherwise tepid luxury market.
Worldview | South Africa’s Veteran Designers Shine at Fashion Week
This week’s round-up of global markets fashion business news also features India’s Jaipuria Group, Mexican department stores and Nigeria’s Woven Threads showcase.
Trump Tariffs Prompt Slump in Shipments to US Ports
The number of vessels scheduled to arrive at the Port of Los Angeles next week is down by almost a third year on year.
THE NEWS IN BRIEF
Vietnam’s Largest Listed Jeweller Forecasts Loss After Diamond Scandal
PNJ also plans to slash its revenue target. Losses in 2026 are expected as a result of a huge provision for customer buybacks following a smuggling scandal.
Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Fashion Empire Azzas 2154 to Split Two Years After Failed Merger
Both companies that previously comprised one of Brazil’s largest apparel exporters will retain a stake in Farm Rio after separating.
Indian Fashion Retailer Purple Style Labs Plans IPO
The Bollywood star-backed company behind multi-brand retailer Pernia’s Pop-Up Shop will launch its share sale next week as it taps demand for luxury wedding and occasion wear.
Trump Picks White House Ally Overton to Lead Embattled FDA
The US president chose an ally to steady an agency shaken by staff losses, low morale and fights over vaccines and drug approvals.
Russian E-Tailer Wildberries Hit by Wave of Ukrainian Drone Strikes
The e-commerce giant has seen at least 20 warehouses attacked since mid-July as Kyiv steps up strikes inside Russia and Moscow intensifies its bombardment of Ukraine, more than four years into its full-scale invasion.
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.