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.
GQ Middle East Launches With Youngest Editor
New editor-in-chief Adam Baidawi discusses his appointment with BoF and his plans for the new men's fashion title that will bow in September.
Can Beirut Steal Some of Dubai’s Thunder?
Lebanon’s capital can’t compete in terms of scale, but a fearless new Beirut fashion school founded by Elie Saab proves there is more to play for in the Middle East than meets the eye.
Reality Check for China’s Luxury Rebound
A bounce back in Chinese spending is expected to account for the lion’s share of luxury growth in 2018, but new research presents a more prudent forecast.
Turkey: Troubled, Resilient and Full of Opportunity
For many fashion executives, two years of upheaval has led to uncertainty, but for others Turkey’s increasingly polarised market signals new business opportunities.
North Korea: Fashion’s Next Sourcing Opportunity?
While denuclearisation is the focus of the historic US-North Korea Summit, shrewd Asian manufacturers will be pondering the impact on business.
Young Chinese Shoppers Fuelling Luxury Goods Rebound
China will cement its status as the sweet spot for luxury companies in 2018, according to a new study by Bain. But not all brands are "winning."
Students Wear Nike for Luck at China's Life-Changing 'Gaokao' Exams
A high score is seen as opening the way to a prestigious university and a life of opportunity — and some Western brands recognise the high stakes.
Advent to Take Majority Stake in Walmart Brazil
The private equity firm will buy a majority stake in Walmart's Brazilian operations.
India's E-Commerce Wars to Be Reshaped by Private Label Brands
With nearly 500 million Indians using the internet in 2018, a bigger push into private labels could help both Flipkart and Amazon make money.
H&M Scouts Out Potential Suppliers in South Africa
Executives from the world’s second largest clothing retailer visited some of the country’s main cities this week.
Amazon Brings Cross-Border Ambitions to Alibaba's Backyard
The e-commerce giant wants to be the middleman in the global flow of goods.
Alibaba Buys Online Retailer Daraz in Pakistan Push
Jack Ma is expanding his reach in Pakistan, striking a deal for Alibaba to buy the Rocket Internet-backed online shopping outlet.
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.