EU Parliament Approves New Business Supply Chain Audit Law
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.
Guo Pei
This Decade in China: Part One
BoF looks back at the trends that have shaped China’s fashion, beauty, luxury and retail landscape over the past ten years, from the rise of WeChat to a series of cultural missteps by Western labels.
Chinese Megabrands Join LVMH, Kering and Inditex in Elite Ranking
Two of three new entrants to an exclusive club of 20 high performing fashion companies are Chinese, according to the 2020 edition of The State of Fashion report released today by BoF and McKinsey. How did Anta and HLA do it?
The Battle for Collectable and Rare Fashion Heats Up
Museum-worthy couture is now being chased by everyone from private collectors to secondhand retailers, and prices are ballooning.
Hong Kong Troubles Shine Light on Long-Neglected Shopper
Despite months of market volatility and political unrest in Asia’s formerly unrivalled shopping capital, luxury retailers like K11, Gucci and Tiffany are pushing ahead with new projects. Why?
Rihanna's Latest Cover Provoked Cries of Cultural Appropriation, but Chinese Netizens Disagree
The bulk of Chinese social media finds no offence with the star’s latest cover for Harper’s Bazaar China, but do their perceptions of cultural appropriation differ from the West?
Some Wealthy Chinese Are Shifting Away from European Couture Houses
It’s no secret that Chinese A-listers are fans of Europe’s top couture houses, but some of the biggest names in the game are beginning to lose would-be clients to Chinese couturiers.
China
Global Brands Have a Design Disconnect with China’s Youth
Shanghai Fashion Week exposed a subtle but unshakable aesthetic gap between local designers and global fashion brands, suggesting that the latter need to do better range planning to satiate demand in China. Read China Decoded to make sense of the market.
Global Brands Have a Design Disconnect with China’s Youth
Shanghai Fashion Week exposed a subtle but unshakable aesthetic gap between local designers and global fashion brands, suggesting that the latter need to do better range planning to satiate demand in China. Read China Decoded to make sense of the market.
Fantasy, Not Nationalism, Drives Chinese Clothing Revival
Though the Hanfu trend may be small, global brands would be naive to ignore its implications for the Chinese fashion market.
China
Bridging the Long-Standing Hong Kong-China Gap
The world’s longest sea-crossing bridge could impact the region's retail and manufacturing sectors, Gucci and Zegna are victorious in their intellectual property disputes, and Bytedance is now the world's most valuable startup. Read China Decoded to make sense of the market.
Bridging the Long-Standing Hong Kong-China Gap
The world’s longest sea-crossing bridge could impact the region's retail and manufacturing sectors, Gucci and Zegna are victorious in their intellectual property disputes, and Bytedance is now the world's most valuable startup. Read China Decoded to make sense of the market.
Fashion Documentaries Make a Splash at Tribeca
"McQueen," "Yellow is Forbidden," about Chinese fashion designer Guo Pei, and "The Gospel According to Andre," about the life and career of Andre Leon Tally, have all made a debut at this year's film festival.
Op-Ed | Why Fashion Needs Cultural Appropriation
Appropriation can be a force for good, creating a cultural exchange and enriching the available vocabulary for creatives of all types.
#BoF500 - The New Class: Designers
Top designers are the lifeblood of fashion, uniting creative vision with commercial savvy. Meet the 27 creative directors who are new to the #BoF500 this year.
Company Snapshot
A guest member of the Chambre Syndicale de la Haute Couture, the Chinese couturier gained worldwide fame after Rihanna wore a yellow gown of her design to the Met Ball.
The News in Brief
Italy Fines Amazon 10 Million Euros for Alleged Unfair Commercial Practices
Amazon “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option, the regulators said.
Chilean Retailer Falabella Aims to Close Several Major Asset Sales This Year
The closure is part of the company's plan to raise $850 million to $1 billion and help improve its credit metrics, said chief executive officer Alejandro González.
Chinese Tourists Are Again Embracing International Travel
The return of China’s travellers has long been awaited in the travel industry, which is expected to surpass pre-pandemic levels this year by contributing $11.1 trillion to the global economy.
Playground Closes $2 Million in Funding Round
The intimate wellness brand completed its first institutional raise after seeing 700 percent revenue growth and is launching in Target.
Galderma Sales Top $1 Billion, Led by Injectables
The public company reported strong sales, as demand for its dermatological skincare and injectable products surged.
EU Parliament Approves Ban of Products Made With Forced Labour
The European Parliament approved rules on Tuesday to ban in the EU the sale, import and export of goods made using forced labour.
Unilever India Is Losing Foreign Shareholders on High Valuations
Global investors have cut holdings of Hindustan Unilever Ltd. to a four-year low as the company grapples with weak consumer demand and rising competition.