Creating a successful e-commerce site is a balancing act that requires brands to effectively tell their story while maximizing sales. Striking this balance can be challenging, as many brands often skew toward one area, either sacrificing storytelling for profit or inundating customers with rich graphics that result in a convoluted shopping experience. The Dual Mission […]
This Week: Burberry, Gucci and the Federal Reserve Could Surprise Us
This week brings a mix of anticipated fashion showcases and high-stakes economic decisions, with prominent brands like Burberry and Gucci under scrutiny while the Federal Reserve signals potential changes in interest rates. As Burberry prepares for a pivotal show in London, and Gucci reflects on its recent struggles, all eyes will also be on the […]
World Afro Day Urges UK Parliament to Adopt Hair Discrimination Policy
As the world gears up to celebrate the eighth annual World Afro Day on September 15, a significant movement is underway in the UK. Over 100 supporters, including prominent celebrities and advocates, have signed an open letter urging the UK Parliament to adopt a policy that directly addresses hair discrimination. This campaign seeks to reform […]
New York State Launches Fashion Grants for Sustainability and Innovation
In a significant move to rejuvenate the New York fashion industry, Governor Kathy Hochul has announced a new grant program designed to boost sustainability and innovation within the sector. With a commitment to allocate up to $10,000 in funding, the initiative aims to support startups, farmers, and researchers who are pursuing breakthroughs in materials development, […]
The BoF Podcast | Clare Waight Keller on Leadership in Fashion
Clare Waight Keller’s journey through the fashion industry serves as a remarkable example of leadership and adaptability. Her recent appointment as the creative director of Uniqlo highlights not only her extensive experience but also her commitment to evolving her vision across diverse fashion landscapes. In a recent episode of The BoF Podcast hosted by Imran […]
Shein Says Move to Close US De Minimis Loophole Won’t Hurt Competitive Advantage
In a recently held interview, Shein’s executive chairman, Donald Tang, expressed confidence in the company’s ability to maintain its competitive edge despite forthcoming changes to US import regulations. The Biden administration plans to eliminate the “de minimis” loophole that permits low-value shipments—those valued under $800—to bypass import duties. Originally designed to facilitate small parcel imports […]
Fearless Fund to End Grant Programme for Black Women Founders, Settles Lawsuit
In a significant decision that underscores the tension between targeted financial support and legal boundaries, the Fearless Fund has agreed to discontinue its Strivers Grant Contest for Black women entrepreneurs. This move comes as part of a settlement reached with the American Alliance for Equal Rights (AAER), a conservative group that had initiated a lawsuit […]
The Row’s $1 Billion Deal, Explained
The luxury fashion landscape is witnessing notable shifts with significant investments fueling the growth of exclusive brands. A prime example is the recent financial backing of Mary-Kate and Ashley Olsen’s luxury label, The Row, which has attracted attention with a whopping $1 billion valuation following investments from the families behind Chanel and L’Oréal. This multi-faceted […]
US Looks to Curb Low-Value Chinese Shipments Under $800 ‘De Minimis’ Exemption
In a move aimed at redefining import regulations, the Biden administration has announced plans to curb low-value shipments entering the United States duty-free under the $800 “de minimis” threshold. This decision follows increased scrutiny of how Chinese e-commerce firms—specifically Shein and PDD Holdings’ Temu—have been leveraging this exemption to bypass tariffs and regulatory oversight. The […]
India Probe Finds Amazon, Walmart’s Flipkart Breached Antitrust Laws
The e-commerce landscape in India is undergoing significant scrutiny as the Competition Commission of India (CCI) recently unveiled findings that Amazon and Walmart’s Flipkart have violated local competition laws. This revelation follows an extensive investigation initiated by the CCI back in 2020, prompted by concerns from local retailers regarding preferential treatment provided to select sellers […]