Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
sustainability / Worker's Rights
Sustainability
Fashion Can’t Treat Climate Change as Just a Sustainability Problem
Fashion’s biggest sustainability challenges don’t exist in isolation. Increasingly, neither do the solutions.
Fashion Can’t Treat Climate Change as Just a Sustainability Problem
Fashion’s biggest sustainability challenges don’t exist in isolation. Increasingly, neither do the solutions.
Sustainability
How to Fight Extreme Heat in Fashion’s Supply Chain
Record-breaking temperatures are threatening worker health and disrupting production, but there are simple, cost-effective steps the industry can take to adapt.
How to Fight Extreme Heat in Fashion’s Supply Chain
Record-breaking temperatures are threatening worker health and disrupting production, but there are simple, cost-effective steps the industry can take to adapt.
Sustainability
Why Traceability Is Becoming a Business Requirement for Fashion Brands
With the US, EU and Canada introducing measures on forced labour in supply chains, traceability is no longer just a sustainability initiative but a necessity for market access.
Why Traceability Is Becoming a Business Requirement for Fashion Brands
With the US, EU and Canada introducing measures on forced labour in supply chains, traceability is no longer just a sustainability initiative but a necessity for market access.
Sustainability
Has Fashion’s Exploitative Business Model Gotten Worse?
A new report finds suppliers and workers are absorbing the industry’s relentless push for lower prices more than ever before, while Shein’s acquisition of Everlane underscores how fashion’ current growth model still remains deeply at odds with sustainability.
Has Fashion’s Exploitative Business Model Gotten Worse?
A new report finds suppliers and workers are absorbing the industry’s relentless push for lower prices more than ever before, while Shein’s acquisition of Everlane underscores how fashion’ current growth model still remains deeply at odds with sustainability.
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Sustainability
The Great Sustainability Rebrand
At this year’s Global Fashion Summit, the industry reframed sustainability around its financial value and presented it as a business survival strategy.
The Great Sustainability Rebrand
At this year’s Global Fashion Summit, the industry reframed sustainability around its financial value and presented it as a business survival strategy.
Sustainability
Explainer: Fashion’s New Tariff Threat
A US trade probe into forced labour could trigger new tariffs and import bans, forcing fashion brands to implement more robust supply-chain transparency.
Explainer: Fashion’s New Tariff Threat
A US trade probe into forced labour could trigger new tariffs and import bans, forcing fashion brands to implement more robust supply-chain transparency.
Sustainability
The Impact of War on Fashion’s Supply Chain
Textile hubs are already feeling the cascading risks of the conflict in Iran as Washington ramps up forced labour probes to revive tariffs, while decarbonisation in fashion’s factories might finally have a standard to go off of.
The Impact of War on Fashion’s Supply Chain
Textile hubs are already feeling the cascading risks of the conflict in Iran as Washington ramps up forced labour probes to revive tariffs, while decarbonisation in fashion’s factories might finally have a standard to go off of.
Sustainability
Shein, Nike and Fashion’s Widening Sustainability Gap
Copenhagen Fashion Week’s 20th edition offered promise in pushing fashion’s sustainability agenda from within, defying the wider industry's pullback from the cause. But with fashion’s decarbonisation trajectory offtrack, Shein’s questionable climate targets, paired with labour abuse in Nike and Prada’s supply chains, there’s still a long way to go.
Shein, Nike and Fashion’s Widening Sustainability Gap
Copenhagen Fashion Week’s 20th edition offered promise in pushing fashion’s sustainability agenda from within, defying the wider industry's pullback from the cause. But with fashion’s decarbonisation trajectory offtrack, Shein’s questionable climate targets, paired with labour abuse in Nike and Prada’s supply chains, there’s still a long way to go.
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Sustainability
Shein Tried to Turn Brazil Into a Production Hub. Local Factories Walked Away
Progress stalled after Shein demanded that local suppliers lower prices and deliver orders faster than they could manage, Reuters reported.
Shein Tried to Turn Brazil Into a Production Hub. Local Factories Walked Away
Progress stalled after Shein demanded that local suppliers lower prices and deliver orders faster than they could manage, Reuters reported.
Retail
Urban Outfitters Criticised for Use of Gig Economy App in UK
Urban Outfitters and others have come under fire for advertising jobs on Temper, an gig economy app that’s been criticised for not offering basic employment rights.
Urban Outfitters Criticised for Use of Gig Economy App in UK
Urban Outfitters and others have come under fire for advertising jobs on Temper, an gig economy app that’s been criticised for not offering basic employment rights.
Sustainability
Nike Compensates Migrant Workers Five Years After Labour Controversy
Nike has agreed to substantial payouts to thousands of former garment workers at a Thai supplier after years of pressure from labour rights campaigners and an independent investigation into alleged wage theft during the pandemic.
Nike Compensates Migrant Workers Five Years After Labour Controversy
Nike has agreed to substantial payouts to thousands of former garment workers at a Thai supplier after years of pressure from labour rights campaigners and an independent investigation into alleged wage theft during the pandemic.
Sustainability
Fashion’s Climate Reckoning Is Just Getting Started
From dangerous heat on factory floors to flooding across sourcing hubs, climate risks are catching up with fashion’s supply chains. While new recycling initiatives attempt to scale to address the industry’s waste and emissions problem, easing regulation in Europe raises questions about the path forward heading into 2026.
Fashion’s Climate Reckoning Is Just Getting Started
From dangerous heat on factory floors to flooding across sourcing hubs, climate risks are catching up with fashion’s supply chains. While new recycling initiatives attempt to scale to address the industry’s waste and emissions problem, easing regulation in Europe raises questions about the path forward heading into 2026.
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.