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.
Global Markets
A guide to unlocking opportunity in emerging and frontier fashion markets.
What’s Holding Back India’s Resale Market?
Recent startup failures have exposed the gap between bullish growth forecasts and commercial realities in India’s secondhand fashion sector, where cultural taboos, fragmentation and limited scalability continue to thwart ambitions.
Worldview | Brazilian Footwear Exporters Brace for US Tariff Hike
This week’s round-up of global markets fashion business news also features Dubai’s diamond trade, Chinese factories in Egypt and Senegal’s e-commerce middlemen.
How Japanese Textile Innovators Won Over Global Fashion
Combining centuries-old craftsmanship with pioneering materials and creative surface design, Japanese mills supply some of the world’s biggest fashion brands, from Levi’s to Chanel.
Worldview | China Moves to Tighten E-Commerce Rules
This week’s round-up of global markets fashion business news also features Mexico’s luxury department stores, South Korean brand ambassadors and the new chairwoman of the Arab Fashion Council.
Worldview | India Seizes Its Couture Moment in Paris
This week’s round-up of global markets fashion business news also features Nigeria’s textile debate, Saudi Arabia’s next luxury mall and Louis Vuitton’s trademark victory in China.
The Chinese Photographers Global Brands Are Banking On
Once known primarily for local assignments, Chinese fashion photographers like Julian Song and Annie Lai are now landing global campaigns for brands from Hermès to Gucci on the strength of their artistry and broader appeal.
Worldview | Argentina Lures Back Global Fashion Brands
This week’s round-up of global markets fashion business news also features forced labour in Chinese cotton, South African e-tailer Takealot and Venezuela’s earthquake-hit shopping malls.
BoF and The Outsiders Perspective Unpack The New Talent Strategy For Global Growth
People and recruitment leaders from Chanel, Saint Laurent, Anine Bing, Puig and L’Oréal, among others, gathered at Soho House Paris for a panel unpacking why hiring global talent has become a commercial imperative.
Worldview | China’s 618 Festival Sees E-commerce Growth Stall
This week’s round-up of global markets fashion business news also features Panama’s luxury malls, Polish retail giant LPP and the Indian textile exporters hoping a Middle East peace deal will endure.
How India’s Aditya Birla Built a Billion-Dollar Fashion Empire
The mining-to-textiles giant’s fashion arm has grown into one of India’s largest players, spanning dozens of homegrown brands and retail partnerships with global names like Reebok, Ralph Lauren and Galeries Lafayette.
Worldview |Vietnam Faces a Critical Textile Test
This week’s round-up of global markets fashion business news also features Guatemala’s apparel exports and India’s organised jewellery sector growth.
Worldview | Rethinking China’s Far-Flung Cities
This week’s round-up of global markets fashion business news also features Kuwait’s buzzy beauty e-tailer, South Korea’s Gentle Monster and forced labour in Turkmenistan’s cotton industry.
THE NEWS IN BRIEF
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.
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.