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.
Hong Kong Braces for Store Closures
Around 7,000 retail stores say they will be forced to close down in the next six months, according to the Hong Kong Retail Management Association.
Fire at New Delhi Handbag Factory Kills 43
One of the worst fires in recent memory in New Delhi broke out in a cramped, commercial neighborhood.
Meet Africa’s Fashion Billionaires
More than half of African billionaires can thank the fashion business for part of their fortune. How did this fascinating group of moguls, merchants and mavericks climb their way to the top?
The BoF Podcast: Carole Cadwalladr Asks, Is This the End of Democracy?
In the face of major data breaches, investigative journalist Carole Cadwalladr brings to light the failure of Western governments to punish Facebook.
Respecting, Reframing & Reclaiming Africa’s Cultural Opportunity
Sudanese activist Rozan Ahmed thinks it’s time to reframe our conversations about Africa and its creatives.
Vietnam: Luxury’s Next Goldmine?
On the back of a deal with the EU, luxury goods will become more affordable in Vietnam. Are brands investing heavily enough in what is one of the fastest-growing economies in the world?
The BoF Podcast: Inside The State of Fashion 2020
Listen to BoF's Imran Amed and McKinsey’s Achim Berg discuss the key themes that will define the global fashion industry in the next year.
Manufacturing in Africa Could Transform the Fashion Industry. But Who Would Benefit?
Several of the continent’s top fashion minds weigh in on the exciting opportunities and legitimate concerns that come with making clothes in the region.
Inside Iran’s Underground Fashion Industry
Tehran-based fashion designers Shirin and Shiva Vaqar joined Hoda Katebi, an Iranian-American activist who founded America's first apparel manufacturing co-op run by refugee women. They discussed the fashion industry in Iran, a country that has long been isolated from the Western world.
Carole Cadwalladr: Is This the End of Democracy?
On the VOICES stage, journalists Carole Cadwalladr, Felix Salmon, Janine Gibson and Yinka Adegoke examined the spread of digital misinformation and why traditional governance is failing everyday citizens.
Japan Retail Outlook Murky Despite Sales Growth
Sales in September grew at the strongest pace since 2014, as consumers rushed to beat a hike in sales tax taking effect October 1.
The Future of Tokyo Fashion Week
After a transitional season with a new title sponsor, Japan’s biggest fashion event is gearing up for a revamp. Will it be enough?
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.