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.
Big Modi Victory Pushes Indian Stocks to Best Week in Two Months
As Prime Minister Narendra Modi cruised to his second successive landslide victory, Indian equities climbed, sending key gauges to their best weekly gains in more than two months.
Sabyasachi Mukherjee: King of India’s Bridal Market
The designer, whose bridal pieces are worn by India’s billionaire heiresses and Bollywood superstars, has built a luxury brand that’s set to generate $35 million in revenue in 2019. Now, he’s on a quest to tap the lucrative fine jewellery market and take his business global.
Africa's Amazon Jumia Raises $196 Million in New York IPO
The online retailer and marketplace looks to boost its profile and expand an ever-growing customer base.
Vogue Magazine Makes Comeback in Greece as Debt Crisis Ebbs
Vogue Greece will be the magazine's 26th international edition, run by a 29-year old editor-in-chief Thaleia Karafyllidou.
Fashion Trust Arabia Prize Announces Winners
Roni Helou, Krikor Jabotian and Zyne are among the winners of the award, which aims to support Arab designers. They will receive mentorship and up to $200,000.
Trump Plans to End India's Preferential Trade Treatment
The US president intends to end India's preferential trade treatment which, under the GSP program, allows $5.6 billion worth of Indian exports to enter the US duty free.
Bottega Veneta Makes Its Play for the 'Old Celine' Crowd
This week, everyone will be talking about the imminent threat to garment worker safety standards in Bangladesh, Bottega Veneta's first runway show under Daniel Lee, and Bruce Weber's attempted comeback in France. Read our BoF Professional Cheat Sheet.
Ukraine’s Quiet Fashion Entrepreneurship Boom
A few standout businesses are doing a roaring trade in post-revolution Kiev, elevating their labels from small ateliers to rising brands.
India's New E-Commerce Restrictions Could Hit Online Sales
Changes in the way e-commerce firms in India can sell products could reduce online sales by $46 billion by 2022, according to a PwC draft analysis.
Luxury Market Anticipates Impact from the 'Trump of the Tropics'
Worried about his socially conservative agenda but desperate for his promise to usher in economic reform, industry leaders feel torn as the far-right military man Jair Bolsonaro becomes president of Brazil.
Understanding India’s Ascent: Shiv Khemka
India’s young population, thriving tech sector and spiritual roots add up to a promising future, said the Sun Group vice chairman, speaking at BoF’s VOICES.
How to Win in China: McKinsey’s Kevin Sneader
The fashion industry must internalise the idea that there is no single Chinese market, attendees learned at BoF’s VOICES.
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.