Zegna Revenues Rise 7.4%
The Italian luxury group’s first-quarter performance surpassed market expectations powered by solid growth in direct-to-consumer sales in the US.
sustainability / Regulation
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
Why Fashion Is Still Stuck on Sustainability Double Standards
As the presence of PFAs in apparel comes into the spotlight, and ‘sustainable’ collaborations driven by overproduction hit the market, fashion’s definition of sustainability looks increasingly hard to defend.
Why Fashion Is Still Stuck on Sustainability Double Standards
As the presence of PFAs in apparel comes into the spotlight, and ‘sustainable’ collaborations driven by overproduction hit the market, fashion’s definition of sustainability looks increasingly hard to defend.
Sustainability
Textile Recyclers Are Back From the Brink. Now They Just Need Customers.
Europe’s textile-to-textile recycling sector is rebounding from a crisis and regaining momentum as new regulations drive investment. But to succeed in the long run, it needs more brands to buy in.
Textile Recyclers Are Back From the Brink. Now They Just Need Customers.
Europe’s textile-to-textile recycling sector is rebounding from a crisis and regaining momentum as new regulations drive investment. But to succeed in the long run, it needs more brands to buy in.
Sustainability
The Debrief | Can H&M Prove Sustainability is a Growth Engine?
BoF correspondent Shayeza Walid joins The Debrief to unpack H&M’s unprecedented climate progress paired with a dip in sales — and whether the Swedish giant can escape being slotted in the middle of the pack of the fashion market.
The Debrief | Can H&M Prove Sustainability is a Growth Engine?
BoF correspondent Shayeza Walid joins The Debrief to unpack H&M’s unprecedented climate progress paired with a dip in sales — and whether the Swedish giant can escape being slotted in the middle of the pack of the fashion market.
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Sustainability
Fashion Searches For a New Climate Solution
Coach-owner Tapestry’s new carbon-removal partnership and brands making fresh commitments to textile-to-textile recycling startups show an industry searching for ways to address its environmental impact.
Fashion Searches For a New Climate Solution
Coach-owner Tapestry’s new carbon-removal partnership and brands making fresh commitments to textile-to-textile recycling startups show an industry searching for ways to address its environmental impact.
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.
Sustainability
Trial of Chinese Crime Gangs in Italian Fashion Stalls Amid Sabotage Fears
A landmark trial in Italy against Chinese crime gangs allegedly controlling Europe’s fashion logistics is floundering due to mishaps and suspected sabotage.
Trial of Chinese Crime Gangs in Italian Fashion Stalls Amid Sabotage Fears
A landmark trial in Italy against Chinese crime gangs allegedly controlling Europe’s fashion logistics is floundering due to mishaps and suspected sabotage.
Sustainability
Are Fashion’s Sustainability Efforts Misplaced?
A disappointing COP30 deal was reached in Brazil, while floods across South and Southeast Asia showed exactly why quicker action is required. Meanwhile the EU watered down sustainability legislation yet again, this time targeting deforestation. In some positive news, bans on fur and misleading ‘green’ ads made headway.
Are Fashion’s Sustainability Efforts Misplaced?
A disappointing COP30 deal was reached in Brazil, while floods across South and Southeast Asia showed exactly why quicker action is required. Meanwhile the EU watered down sustainability legislation yet again, this time targeting deforestation. In some positive news, bans on fur and misleading ‘green’ ads made headway.
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Sustainability
Italian Police Seek Governance Documents From 13 Fashion Firms in Labour Abuse Probe
Governance and supply-chain documents have been requested from 13 luxury fashion brands, including Gucci and Prada, as part of an ongoing investigation into alleged worker exploitation.
Italian Police Seek Governance Documents From 13 Fashion Firms in Labour Abuse Probe
Governance and supply-chain documents have been requested from 13 luxury fashion brands, including Gucci and Prada, as part of an ongoing investigation into alleged worker exploitation.
Sustainability
The COP30 Deal Won’t Solve Fashion’s Climate Problems
Action is needed much faster than it will take for voluntary national commitments to kick in.
The COP30 Deal Won’t Solve Fashion’s Climate Problems
Action is needed much faster than it will take for voluntary national commitments to kick in.
Sustainability
Tod’s Under Investigation for Labour Abuses, Faces 6-Month Advertising Ban
Italian investigators allege the luxury shoemaker benefited from exploitative subcontractors, escalating a sweeping crackdown on illegal labour practices in luxury’s key ‘Made in Italy’ supply chain.
Tod’s Under Investigation for Labour Abuses, Faces 6-Month Advertising Ban
Italian investigators allege the luxury shoemaker benefited from exploitative subcontractors, escalating a sweeping crackdown on illegal labour practices in luxury’s key ‘Made in Italy’ supply chain.
Sustainability
Luxury Brands Accelerate ‘Made in Italy’ Fixes
A widening Milan probe has exposed structural weaknesses in luxury’s Italian supply chain, pushing some of fashion’s biggest groups to overhaul oversight, adopt new technologies and vertically integrate key suppliers.
Luxury Brands Accelerate ‘Made in Italy’ Fixes
A widening Milan probe has exposed structural weaknesses in luxury’s Italian supply chain, pushing some of fashion’s biggest groups to overhaul oversight, adopt new technologies and vertically integrate key suppliers.
The News in Brief
Inventory Clean-Up Helps Puma Beat First-Quarter Expectations
The German sportswear maker also announced it had appointed former Hugo Boss CEO Mark Langer as its chief financial officer, effective Friday.
Oil Prices Soar to Wartime High with US and Iran Stuck in Standoff
Brent oil surged to more than $126 a barrel on Thursday, before paring gains to $121.40 as traders factor in an even longer closure of the Strait of Hormuz.
Reliance Retail Acquires Priyanka Chopra Jonas’ Hair Care Brand Anomaly
The company will leverage its omnichannel network to scale the label, citing India as a priority market.
Estée Lauder Considers Bid for Puig at €18-19 per Share, Source Says
Cosmetics giant Estée Lauder is considering launching a takeover bid for all of Puig’s Class B shares at 18 to 19 euros ($21 to $22.20) a share, said a source close to the matter.
Unilever Sales Rise on Strong Demand in India, Brazil
The UK multinational’s sales rose more than expected as consumers in emerging markets snapped up its cleaning products and Dove soap, offsetting lacklustre demand in the US.
EBay Forecasts Second-Quarter Revenue Above Estimates
The company's strategy to pivot away from low-value, high-volume items is gaining traction.
LVMH Watch Boss Sees Jean Arnault as Best Candidate for His Role
Jean-Christophe Babin, the head of LVMH’s watch division, said he’s ready for a phased retirement.