Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit
Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.
tariff
Latest News & Analysis
Global Markets
Africa’s Fashion Factories Pay for US Trade Limbo Over AGOA
Even if Washington moves to extend the duty-free trade deal for 32 African countries, letting it lapse in September has put factory jobs at risk and forced manufacturers to absorb new costs, weakening US sourcing ties across the region from Kenya to Madagascar.
Africa’s Fashion Factories Pay for US Trade Limbo Over AGOA
Even if Washington moves to extend the duty-free trade deal for 32 African countries, letting it lapse in September has put factory jobs at risk and forced manufacturers to absorb new costs, weakening US sourcing ties across the region from Kenya to Madagascar.
Global Markets
Worldview | Venezuela’s Fashion Retailers Return to ‘Business as Usual’
This week’s round-up of global markets fashion business news also features China’s plummeting footwear exports, Indonesian textiles and Chile’s department store giant.
Worldview | Venezuela’s Fashion Retailers Return to ‘Business as Usual’
This week’s round-up of global markets fashion business news also features China’s plummeting footwear exports, Indonesian textiles and Chile’s department store giant.
Retail
Trump’s Greenland U-Turn Is a Reminder That Fashion’s Only Constant Is Chaos
The US president briefly threatened new, punitive tariffs on eight European countries that opposed his designs on the Danish territory. The episode served as a warning that the industry needs to stop planning for a ‘new normal.’
Trump’s Greenland U-Turn Is a Reminder That Fashion’s Only Constant Is Chaos
The US president briefly threatened new, punitive tariffs on eight European countries that opposed his designs on the Danish territory. The episode served as a warning that the industry needs to stop planning for a ‘new normal.’
Global Markets
Trump Backs Off Greenland Tariffs, Citing ‘Framework’ Deal
The decision, which Trump announced Wednesday on social media, marks a stark reversal for a president who has repeatedly attempted to coerce Europe over Greenland.
Trump Backs Off Greenland Tariffs, Citing ‘Framework’ Deal
The decision, which Trump announced Wednesday on social media, marks a stark reversal for a president who has repeatedly attempted to coerce Europe over Greenland.
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Retail
Trump Hits 8 European Countries With Tariffs As He Pursues Greenland
The US president announced a 10 percent tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland in an escalation of the dispute over his desire to purchase Greenland.
Trump Hits 8 European Countries With Tariffs As He Pursues Greenland
The US president announced a 10 percent tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland in an escalation of the dispute over his desire to purchase Greenland.
Retail
This Week: Waiting on Tariffs, Saks and More
The fate of Trump’s tariffs and Saks’ bankruptcy in the coming days, weeks and months will define how fashion’s year plays out.
This Week: Waiting on Tariffs, Saks and More
The fate of Trump’s tariffs and Saks’ bankruptcy in the coming days, weeks and months will define how fashion’s year plays out.
Retail
More Than 1,000 Companies Are Suing Trump Over His Tariffs
Companies are flocking to challenge the administration's import taxes in court, after the Supreme Court started asking tough questions.
More Than 1,000 Companies Are Suing Trump Over His Tariffs
Companies are flocking to challenge the administration's import taxes in court, after the Supreme Court started asking tough questions.
Retail
The Themes That Will Define the 2026 Fashion Agenda | The Debrief
Brian Baskin and Sheena Butler-Young sit down with BoF correspondent Marc Bain to unpack why executives are calling 2026 a ‘challenging’ year.
The Themes That Will Define the 2026 Fashion Agenda | The Debrief
Brian Baskin and Sheena Butler-Young sit down with BoF correspondent Marc Bain to unpack why executives are calling 2026 a ‘challenging’ year.
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News & Analysis
The 10 Themes That Will Define the Fashion Agenda in the Year Ahead
From subdued consumer confidence to AI’s expanding role in business, The State of Fashion 2026 sets out the key challenges and opportunities shaping the industry in the year ahead.
The 10 Themes That Will Define the Fashion Agenda in the Year Ahead
From subdued consumer confidence to AI’s expanding role in business, The State of Fashion 2026 sets out the key challenges and opportunities shaping the industry in the year ahead.
Beauty
How Tariffs Are Reshaping the Fragrance Boom
US-imposed tariffs were blamed for slowdowns in the earnings reports of several prominent fragrance makers, but the full picture of what’s next for the category goes a little deeper.
How Tariffs Are Reshaping the Fragrance Boom
US-imposed tariffs were blamed for slowdowns in the earnings reports of several prominent fragrance makers, but the full picture of what’s next for the category goes a little deeper.
Retail
This Week: Lululemon’s Low Expectations; A Potential Tariff Surprise
The athleisure giant has struggled this year, but there are bright spots. And the US Supreme Court may or may not issue its decision on Trump’s tariffs.
This Week: Lululemon’s Low Expectations; A Potential Tariff Surprise
The athleisure giant has struggled this year, but there are bright spots. And the US Supreme Court may or may not issue its decision on Trump’s tariffs.
Luxury
Luxury Set for 2026 Revival but Shoppers ‘Betrayed’ by Pricing, Bain Says
The global luxury goods industry is likely to sell 3 percent to 5 percent more next year after stagnating in 2025.
Luxury Set for 2026 Revival but Shoppers ‘Betrayed’ by Pricing, Bain Says
The global luxury goods industry is likely to sell 3 percent to 5 percent more next year after stagnating in 2025.
The News in Brief
Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
Swatch Gives Upbeat Growth Outlook After Second-Half Rebound
The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.
Church & Dwight Exceeds Outlook On Stronger Sales
The personal care giant cited Hero acne products and the 2025-acquisition of Touchland hand sanitiser as growth drivers.
Astra Signs Obesity Drug Deal in China Worth Up to $18.5 Billion
AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing weight-loss market.
Givaudan Sales Slowdown Sends Fragrance Maker’s Shares Falling
The Swiss firm missed expectations for yearly organic sales growth on Thursday, as weaker performance of its flavours business outweighed resilient growth in fine fragrances.
Winter Games in Italy Attract Luxury Brands Seeking Global Stage
Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.
Saks Will Close Most Off 5th Stores With Big Clearance Sales
The bankrupt department store operator will focus instead on its luxury offerings at Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman chains.