Naomi Campbell Wins Appeal Against Charity Trustee Ban
A London tribunal ruled that the misuse of funds at the charity the supermodel founded had been concealed from her.
News & Analysis
Fashion News, Analysis and Business Intelligence from the leading digital authority on the global fashion industry.
Trump Aides Say He Has Power to Force Companies From China
Using it as a way to curb US investment into China would be extreme, though, and take aim at operations of American businesses ranging from automakers to retail giants including Walmart.
Tourists Aren't Shopping Like They Used To. Who Will Replace Them?
This week everyone will be talking about Tiffany & Co. and the declining tourist trade, the Venice Film Festival and fashion's climate pact. Read our BoF Professional Cheat Sheet.
Trump Says He's Raising Tariffs on China After Its Retaliation
Duties on $250 billion of imports already in effect will rise to 30 percent from 25 percent on October 1, Trump said in a series of tweets Friday.
Can Fashion’s Latest Sustainability Drive Make a Difference?
Brands are signing up to sustainability initiatives like they’re invitations to fashion week’s hottest parties. The jury’s out on whether their commitments will translate into real industry reform.
What US Brands Need To Know Before Entering the £20 Billion UK Beauty Market
Pat McGrath and Rihanna are among the US beauty brands that have made big splashes in the UK. But successfully crossing the Atlantic isn't easy. Retailers, brands and industry experts told BoF how to navigate the complex British beauty market.
Avenatti Goes After Nike Papers in Bid to Clear Extortion Charges
The Lawyer, who famously represented adult film star Stormy Daniels in her legal battles against Donald Trump, is looking to prove that employees of the sportswear giant illegally funnelled money to elite high school basketball players.
Amazon Inks Deal for Possible Stake in India’s Future Retail
The link-up with India’s No. 2 retailer by revenue underscores Amazon’s ambitions in the country, after losing ground in China.
Pinduoduo Wants its Data Back From Alibaba
The Chinese start-up’s approach presents a threat to Alibaba’s dominance of Chinese e-commerce shipping data, mined by companies in industries from retail to healthcare for insights into consumer behaviour.
UK Retail Sales Collapse at Fastest Pace Since 2008
Until recently, consumers had largely taken Brexit in their stride, helped by wages growing at the fastest pace in more than a decade and modest inflation.
Power Moves | Walmart CMO Steps Down, Jack Wills CEO Leaves Company
This week, Walmart’s chief marketing officer exits after a year at the company, while Suzanna Harlow loses her position as Jack Wills chief executive shortly after the Sports Direct takeover.
Outdoor Voices Says 'The Exercise Dress' Is a Hit. But Is it Enough?
The unexpected success of a seemingly niche item has strengthened the already-powerful Outdoor Voices brand. However, the label has a way to go in terms of scaling.
Nordstrom Reports Better Than Expected Results
The company has been investing heavily in its online business and loyalty programs to beat back competition from other upscale department stores and e-commerce rivals.
THE NEWS IN BRIEF
Model Presley Gerber, Cindy Crawford’s Son, Dies Aged 27
The model had spoken publicly about a years-long struggle with depression and addiction.
EssilorLuxottica Managers Defend CEO After Heir Lashes Out
Twenty top lieutenants to CEO Francesco Milleri came to their boss’s defense in an escalating feud with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the company.
Arnault Drops Out of World’s Top 10 Richest as US Tech Dominates
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.
EssilorLuxottica Starts Buyback to Bolster Stock After Heir Exit
The brand plans to buy back more than €800 million ($932 million) of stock, seeking to bolster investor confidence after a slide in its shares and the exit of an heir of the eyewear maker’s founder from his management roles.
US Consumer Confidence Hits Seven-Month Low on Worse Outlook
Looking ahead, consumers surveyed by the Conference Board expressed negative sentiment towards future job and income prospects.
EssilorLuxottica Founder’s Son Quits Management Roles After Reported Rift With CEO
Leonardo Maria Del Vecchio is stepping down as chairman of the Ray-Ban brand and as chief strategy officer, the company said, after reports of tensions with CEO Francesco Milleri.
US, Canada Still See Sticking Points Before Deadline for 50% Tariffs
Canadian and US negotiators are working against an Aug. 19 deadline to avert 50 percent tariffs on Canadian goods. While discussions remain constructive, significant work is still required to resolve key trade disputes.