Singapore Investigates Alleged Nvidia Chip Smuggling The recent investigation into the alleged smuggling of Nvidia chips in Singapore has brought to the forefront the complex web of global tensions surrounding technology transfer restrictions between the United States and China. The case, which has captured the attention of industry experts and policymakers alike, underscores the challenges […]
Italian Court Lifts Supervision of Dior Unit Over Labour Exploitation
Italian Court Lifts Supervision of Dior Unit Over Labour Exploitation In a significant development, an Italian court has lifted the supervision of a Dior unit over allegations of labor exploitation. This decision comes after the luxury fashion house faced scrutiny when Italian prosecutors linked it to sweatshops on the outskirts of Milan. The company, known […]
Trump orders review of tariffs over digital service taxes
Trump Orders Review of Tariffs Over Digital Service Taxes In a move that could potentially shake up international trade relations, President Trump has ordered a review of tariffs on imports from countries such as France, Canada, and several others. The reason behind this review is the implementation of digital service taxes by these nations, which […]
Trump Says Tariffs on Mexico, Canada ‘Going Forward’ Next Month
Trump Confirms Tariffs on Mexico and Canada Will Take Effect Next Month The Trump administration has reiterated its stance on imposing tariffs on Canada and Mexico, with the new measures set to go into effect next month. Despite a temporary delay to allow the two countries to address concerns related to border security and illegal […]
Why ‘Made in America’ Is Still a Fashion Fantasy
Why ‘Made in America’ Is Still a Fashion Fantasy In the realm of fashion, the concept of “Made in America” has long been synonymous with quality, craftsmanship, and ethical labor practices. With the rise of consumer consciousness and the increasing demand for transparency in the supply chain, many brands have sought to capitalize on the […]
US Postal Service Reverses Decision to Halt China Shipments
US Postal Service Reverses Decision to Halt China Shipments The US Postal Service recently found itself in a whirlwind of confusion when it announced a temporary halt on package shipments from China and Hong Kong. This decision sent shockwaves through the business community, raising concerns about the impact on international trade and supply chains. However, […]
The BoF Podcast | The Luxury Crisis, Explained
The Luxury Crisis: Understanding the Forces Behind the Slowdown In a recent episode of The BoF Podcast, Imran Amed and Bob Safian engaged in a thought-provoking discussion about the current state of the luxury industry. The conversation revolved around the various forces that have contributed to the slowdown in the luxury sector and what steps […]
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates VF Corp, the parent company of popular brands like Vans, has recently made a significant comeback in the retail industry. After facing two consecutive quarterly losses, the company has managed to turn a profit and exceed second-quarter sales estimates. This impressive achievement has not only […]
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 […]