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.’
Global Markets
A guide to unlocking opportunity in emerging and frontier fashion markets.
The Other Cost of the Coronavirus
First and foremost a human tragedy, the long-term effects of the coronavirus look set to extend well beyond Chinese consumption.
Alibaba Sales Beat Estimates
The e-commerce giant's record-breaking annual Singles' Day shopping blitz drove strong quarterly results.
The EU Opens Trade Doors for Vietnam and Shuts Out Cambodia
The deal rewards Hanoi for its progress on labour guarantees with a 99 percent reduction in tariffs, while sanctioning Phnom Penh for human rights abuses.
Investors Brace for Ugly Start to Post-holiday Trade in China
China's markets are expected to plunge in first trading activity since the Chinese New Year break on fears about the spread of a new virus.
Swatch Group Braces for Hong Kong Slump
The Swiss watchmaker's sales took a hit, dropping 2.7 percent amid ongoing political unrest in Hong Kong.
How Fashion Can Navigate 2020’s Political Minefield
For fashion brands with a global customer base, it's getting harder to stay neutral in the face of flashpoints like the Hong Kong protests and the US presidential election. Here's what to do.
Tencent to Step Up Investment Overseas and in Smart Retail
The Chinese tech giant announced in a rare disclosure that it will also pay more attention to payment platforms.
World's Second Largest Jeweller to Close Some Hong Kong Stores
Chow Tai Fook is retreating from various protest-hit shopping districts including Causeway Bay, Mong Kok and Tsim Sha Tsui.
Amazon to Face Protests From Traders During India Trip
India's 70 million brick-and-mortar retailers have been waging a battle against online retailers Amazon and Walmart-controlled Flipkart since 2015, accusing them of deep discounts and flouting India's foreign investment rules.
The BoF Podcast: Iran — A Fashion Industry Operating in the Underground
Activist Hoda Katebi speaks passionately about fashion’s ‘revolution-washing,’ while Tehran-based design duo Shirin and Shiva Vaqar lift the lid on the restrictive conditions faced by Iran’s emerging brands at VOICES 2019.
Taiwan Is at a Crossroads. Here's Why Brands Should Care.
Tensions with Beijing have come into sharp focus ahead of Taiwan’s presidential election which takes place tomorrow. And there is a lot more at stake than first meets the eye.
Fast Retailing Cuts Outlook After Asia Strife Hits Uniqlo Sales
The company was impacted by Hong Kong protests and a South Korean consumer boycott.
THE NEWS IN BRIEF
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.
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.