Temu, Shein See US Sales Drop After Trump Targets China Trade The recent move by President Trump to eliminate the exemption of customs duties on parcels under $800 from China has sent ripples through the retail industry. Companies like Temu and Shein, known for their affordable and trendy clothing options, have seen a significant drop […]
US considers adding Shein and Temu to forced labour list
US Considers Adding Shein and Temu to Forced Labor List Chinese retailers Shein and Temu are facing heat as the United States contemplates the possibility of placing them on a forced labor list. This move comes after allegations of human rights violations in their supply chains have surfaced, prompting concerns from various human rights organizations […]
After Viral ‘Wirkin,’ Walmart Inks Partnership With Luxury Reseller Rebag
Luxury Goes Mainstream: Walmart’s Partnership with Rebag Offers High-End Fashion Finds to the Masses In a surprising move that has the fashion world buzzing, retail giant Walmart has recently announced a groundbreaking partnership with luxury reseller Rebag. This collaboration promises to bring thousands of pre-owned Hermès, Chanel, and Louis Vuitton accessories to Walmart’s online marketplace, […]
China Says PVH Engaged in “Improper” Conduct Related to Xinjiang
China Says PVH Engaged in “Improper” Conduct Related to Xinjiang The recent announcement by China’s commerce ministry regarding PVH, the parent company of renowned fashion brands Calvin Klein and Tommy Hilfiger, has sent shockwaves through the global business community. The ministry has stated its intention to summon PVH in the near future, citing “improper” conduct […]
The BoF Podcast | The Great Luxury E-Commerce Reckoning
The BoF Podcast | The Great Luxury E-Commerce Reckoning The landscape of luxury e-commerce is undergoing a profound transformation, with industry leaders spearheading innovations to meet the evolving demands of consumers. Recently, at the prestigious BoF VOICES 2024 event, Mytheresa CEO Michael Kliger and Moda Operandi co-founder Lauren Santo Domingo took the stage with BoF […]
‘Ethical’ Cotton Is Being Picked by Child Labourers in India, Watchdog Finds
“Unethical Practices Uncovered: Major Retailers Linked to Child Labor in Indian Cotton Farms” A recent report has shed light on a dark reality in the fashion industry – the use of child labor in Indian cotton farms supplying major retailers like Zara-owner Inditex, H&M Group, Gap Inc., and Amazon. The findings reveal a distressing connection […]
Grace Ling Opens First Store in New York
Grace Ling Opens First Store in New York Renowned fashion designer Grace Ling has recently made a significant move by opening her first store in the heart of New York City. This strategic decision marks a milestone in her career and provides a unique opportunity for fashion enthusiasts to experience her exquisite designs up close. […]
GQ and Bode to Host Super Bowl Fashion Show
GQ and Bode to Host Super Bowl Fashion Show As the excitement for the Super Bowl builds up, the worlds of sports and fashion are set to collide in a spectacular event hosted by GQ and Bode. This unique collaboration will bring together the best of both industries in a one-of-a-kind runway show, set to […]
Abercrombie Shares Drop Despite Strong Holiday Sales
Abercrombie Shares Drop Despite Strong Holiday Sales Abercrombie & Fitch, the renowned American retailer, has recently faced a setback as its shares took a dip by 7.4 percent in Monday’s premarket trading session in New York. This decline comes as a surprise considering the company’s impressive performance in the past year, where its shares witnessed […]