Asos Says It Will Take ‘Necessary Actions’ After 18% Drop in Sales
Asos has said it will take “necessary actions” to transform its fortunes after the fast fashion retailer’s first-half losses widened and sales fell by nearly a fifth.
Hundreds of thousands of migrant labourers, many of whom work in India's now shuttered textile industry, were sprayed with tear gas by police as they attempted to head to their homes in the countryside on foot, following Prime Minister Narendra Modi's 21-day nationwide lockdown.
Hundreds of thousands of migrant labourers, many of whom work in India's now shuttered textile industry, were sprayed with tear gas by police as they attempted to head to their homes in the countryside on foot, following Prime Minister Narendra Modi's 21-day nationwide lockdown.
Through the diverse experiences of three of its employees, BoF discovers how the company culture at Italian mill Vitale Barberis Canonico fuses centuries-old tradition with an openness to innovation.
An Italian institution founded in 1663, the longevity of the Vitale Barberis Canonico business is a testament to its willingness to embrace new ideas. BoF sits down with its 13th generation guardian, Francesco Barberis Canonico, to hear more.
An Italian institution founded in 1663, the longevity of the Vitale Barberis Canonico business is a testament to its willingness to embrace new ideas. BoF sits down with its 13th generation guardian, Francesco Barberis Canonico, to hear more.
With Donald Trump hardening his stance on the Southeast Asian country, Eclat Textile Co. keeping up with the changing landscape of global trade.
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Speaking in conversation with Imran Amed, the futurist course designer outlines the need for interdisciplinary studies when teaching generation next, and why the fashion industry needs to return — quite literally — to the roots of textile creation.
Speaking in conversation with Imran Amed, the futurist course designer outlines the need for interdisciplinary studies when teaching generation next, and why the fashion industry needs to return — quite literally — to the roots of textile creation.
This week, body-positive messaging does not resonate in Chinese influencer circles, while Ivanka Trump's handbags will likely be hit by the new tariffs on China.
A new report predicts the UK's textiles, apparel and footwear industry will be among the worst hit by Brexit.
In North Carolina, once a booming textiles and apparel hub, there are signs of struggle — and life.
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Several fast-fashion and mass retailers lead the rankings, while Kering is the only luxury entry.
Leading global fashion brands and trade unions have agreed to continue a safety programme involving thousands of garment factories in Bangladesh for another three years.
If the US trade deal changes, apparel trade groups say the industry could be faced with rising costs and another blow to its already-fragile profit margins.
The Iskur group, a supplier to fashion brands including Zara, Adidas and Nike, sees its $100 million investment as showing the way for other companies from western Turkey to take advantage of government incentives.
Asos has said it will take “necessary actions” to transform its fortunes after the fast fashion retailer’s first-half losses widened and sales fell by nearly a fifth.
The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson.
The French publisher has appointed Tunis-based firm Nissa Editions Group as the local licensing partner and Cairo-based fashion media veteran Susan Sabet as both managing director and editor-in-chief of the new title.
The US Federal Trade Commission (FTC) is preparing to sue to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri Holdings, NYT Dealbook reported on Wednesday, citing people familiar with the matter.
Harvey Nichols has named Julia Goddard chief executive following the departure of Manju Malhotra — who held the post for 25 years — in late 2023.
The capital injection will strengthen the company’s earlier pivot from being an African designer e-commerce site to being a business-to-business venture helping emerging brands enter global retailers.
The German sportswear company now expects to generate operating profit of around €700 million ($743 million), an increase from the previous target of €500 million.
Amid a luxury slowdown, strong performance by LVMH’s perfumes and cosmetics and selective retailing divisions show a healthy appetite for beauty.