Harper’s Bazaar to Launch Philippine Edition
Hearst Magazines International is partnering with Philippine media group AGC Power Holdings to launch the fashion title in November 2027.
Global Markets
A guide to unlocking opportunity in emerging and frontier fashion markets.
Op-Ed | Making 'Made in India' Matter
A new campaign encouraging foreign nations to use India as a manufacturing hub is an opportunity to promote 'Made in India' as a stamp of quality, artistry and heritage within the fashion industry, says Bandana Tewari.
Prada Shares Plunge to 3-Year Low After Profit Missed Forecast
Prada SpA fell as much as 6 percent to the lowest level in more than three years after the luxury retailer reported first-quarter profit that trailed analysts’ estimates.
Koreans Get 80 Percent Off Armani Online as MERS Raises Recession Risk
As Korean shoppers shun public places over the spread of Middle East respiratory syndrome, Shinsegae is offering online discounts of as much as 80 percent on brands including Armani Exchange and Vivienne Westwood.
Bally Back on Growth Path, Says CEO
Bally, the long-struggling Swiss leather goods maker, is back in growth mode after years of stagnant sales, buoyed by more contemporary designs and solid demand from Japanese and US buyers, its chief executive said.
Frustrated at Home, South African Retailers Seek Europe Growth
Amid a lack of acquisition opportunities on its home continent, Brait followed the likes of retailers The Foschini Group Ltd. and The Spar Group Ltd. in bypassing the potential of Africa’s growing middle class and targeting European consumers instead.
Gerry Weber Plunges as Profit Reverses
Gerry Weber International AG fell the most in more than 14 years in Frankfurt trading after the German fashion chain cast doubt on its ability to meet sales and profit goals because of a difficult business climate.
Panama, Latin America’s Nerve Centre
As the gateway to a regional fashion market worth $150 billion and a hub connecting 600 million people, there is more to Panama than meets the eye.
Iranian Entrepreneurs Thirst for Foreign Funding, Expertise
Young, tech-savvy Iranians have used their country's isolation under US and EU sanctions, as well as domestic censorship of foreign rivals, to develop home-grown versions of Amazon, eBay or YouTube.
Japan's Maverick Billionaire Invests Big Abroad
When Masayoshi Son placed a $20 million bet 15 years ago on Alibaba, plenty of peers considered it too risky a venture. Since then, Son's investment has paid out more than $70 billion, strengthening SoftBank and making him Japan's second richest man.
Pyongyang Bling: The Rise of North Korea's Consumer Comrades
Nail salons, massage parlours, cafes and other signs of consumerism were unheard of in rigidly controlled North Korea just a few years ago, but they are slowly emerging in one of the world's last bastions of Cold War socialism.
Op-Ed | Africa, Fashion’s Next Sourcing Hub?
Africa’s integration into the global apparel industry is a question of when, not if, says Marc Compagnon of Li & Fung.
Op-Ed | Africa Needs Credible International Partners
The fashion industry needs to foster more substantial and deeply-rooted business partnerships in Africa, argues Hanneli Rupert.
THE NEWS IN BRIEF
Pandora Opens World’s Largest Jewellery Factory in Vietnam
The $150 million plant is the Danish jewellers first outside of Thailand, part of a bid to diversify its manufacturing footprint and boost supply-chain resilience.
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.
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.