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.

This week’s round-up of global markets fashion business news also features luxury’s Ramadan push, investment in Kenyan retailer Goodlife and China’s ban on Korean beauty products.

This week’s round-up of global markets fashion business news also features luxury’s Ramadan push, investment in Kenyan retailer Goodlife and China’s ban on Korean beauty products.

The global fashion industry is seeking to diversify trade and manufacturing hubs amid geopolitical tensions and cost challenges, placing an emphasis on trade fairs like Istanbul Fashion Connection and Türkiye’s role as a strategic sourcing hub. BoF attended IFCO this February to learn more about the Turkish offering across the fashion value chain in 2025.

The global fashion industry is seeking to diversify trade and manufacturing hubs amid geopolitical tensions and cost challenges, placing an emphasis on trade fairs like Istanbul Fashion Connection and Türkiye’s role as a strategic sourcing hub. BoF attended IFCO this February to learn more about the Turkish offering across the fashion value chain in 2025.

This week’s round-up of global markets fashion business news also features Dafiti’s exit from Chile, Vietnamese factories and Saudi Arabia’s move to recycle pilgrims’ clothing.

This week’s round-up of global markets fashion business news also features Dafiti’s exit from Chile, Vietnamese factories and Saudi Arabia’s move to recycle pilgrims’ clothing.

Global brands have traditionally prioritised multi-brand stores in South Africa, Nigeria and Morocco to gain a foothold on the continent. Now, some are looking further afield to boutiques in Kenya, Angola and Egypt.

Global brands have traditionally prioritised multi-brand stores in South Africa, Nigeria and Morocco to gain a foothold on the continent. Now, some are looking further afield to boutiques in Kenya, Angola and Egypt.

The Business of Fashion is pleased to announce BoF CROSSROADS 2025, our new invitation-only gathering of top business and creative leaders focused on seizing opportunities in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.

The Business of Fashion is pleased to announce BoF CROSSROADS 2025, our new invitation-only gathering of top business and creative leaders focused on seizing opportunities in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.

This week’s round-up of global markets fashion business news also features India’s Bharat Tex trade show, Budapest Central European Fashion Week and Net-a-Porter’s China exit.

This week’s round-up of global markets fashion business news also features India’s Bharat Tex trade show, Budapest Central European Fashion Week and Net-a-Porter’s China exit.

Today in Mumbai, the Bollywood superstar is launching a premium lifestyle label with a range of sneakers, everyday clothing and accessories.

Today in Mumbai, the Bollywood superstar is launching a premium lifestyle label with a range of sneakers, everyday clothing and accessories.

The final section of the paper, Inside the Fashion Opportunity in Dubai, unpacks how fashion brands can optimise their product ranges for improved impact in Dubai — with unique insights collected by d3 and BoF Insights from a consumer survey of the city’s residents. This section also details the regional social calendar and social media landscape, and how global brands can effectively tap into this space.

The final section of the paper, Inside the Fashion Opportunity in Dubai, unpacks how fashion brands can optimise their product ranges for improved impact in Dubai — with unique insights collected by d3 and BoF Insights from a consumer survey of the city’s residents. This section also details the regional social calendar and social media landscape, and how global brands can effectively tap into this space.

Diverse talent from Brazil, Mexico, Peru and Argentina are landing high-profile industry gigs thanks to their ability to infuse culturally rich images with commercial appeal in ways that resonate beyond the region.

Diverse talent from Brazil, Mexico, Peru and Argentina are landing high-profile industry gigs thanks to their ability to infuse culturally rich images with commercial appeal in ways that resonate beyond the region.

This week’s round-up of global markets fashion business news also features Shein’s pivot to Vietnamese factories, the logjam of Chinese packages in US customs and Aditya Birla’s new beauty venture.

This week’s round-up of global markets fashion business news also features Shein’s pivot to Vietnamese factories, the logjam of Chinese packages in US customs and Aditya Birla’s new beauty venture.

From April 10-11, BoF will bring together top business and creative leaders to examine the business opportunities for fashion, beauty and luxury brands in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.

From April 10-11, BoF will bring together top business and creative leaders to examine the business opportunities for fashion, beauty and luxury brands in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.

The second section of the paper ‘Inside the Fashion Opportunity in Dubai’ examines the evolution of Dubai’s infrastructure, from its advancing manufacturing and prototyping facilities to its reputation as a regional talent and logistics hub.

The second section of the paper ‘Inside the Fashion Opportunity in Dubai’ examines the evolution of Dubai’s infrastructure, from its advancing manufacturing and prototyping facilities to its reputation as a regional talent and logistics hub.
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
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.
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.
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.
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.
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.
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 Customs and Border Protection validated over 80,000 applications for refunds covering an undisclosed number of shipments or entries.