Hudson’s Bay Retail Chain to Terminate More Than 8,300 Workers by Sunday
Canada’s oldest retail chain will lay off 89 percent of its workforce by Sunday, when it will conclude its liquidation sale and shutter all stores.
Dubai, United Arab Emirates
Luxury
The BoF Podcast | Inside The Great Luxury Reset
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, managing director of luxury goods at Bernestein, speak to System Magazine’s Jonathan Wingfield about how luxury fashion is navigating economic headwinds, shifting consumer values and the urgent need for creative renewal.
The BoF Podcast | Inside The Great Luxury Reset
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, managing director of luxury goods at Bernestein, speak to System Magazine’s Jonathan Wingfield about how luxury fashion is navigating economic headwinds, shifting consumer values and the urgent need for creative renewal.
Global Markets
The BoF Podcast | Redefining “Made in Africa”
Maryse Mbonyumutwa of Pink Mango, Laduma Ngxokolo of MaXhosa Africa, and Reni Folawiyo of Alara join writer Rozan Ahmed at BoF CROSSROADS 2025 to discuss how African brands are overcoming operational challenges to bring global creativity and sustainability to fashion.
The BoF Podcast | Redefining “Made in Africa”
Maryse Mbonyumutwa of Pink Mango, Laduma Ngxokolo of MaXhosa Africa, and Reni Folawiyo of Alara join writer Rozan Ahmed at BoF CROSSROADS 2025 to discuss how African brands are overcoming operational challenges to bring global creativity and sustainability to fashion.
The BoF Podcast | Modest Fashion at a Crossroads
Linda Anggrea of Modinity, Kareem Türe of Modanisa, and Rabia Zargarpur of Rabia Z join Imran Amed at BoF CROSSROADS 2025 to discuss modest fashion’s global rise, cultural significance, and commercial future.
Luxury
The BoF Podcast | Why Craft is the Soul of True Luxury
In this riveting conversation from BoF CROSSROADS 2025, Mexican designer Carla Fernández and Tunisian entrepreneur Kenza Fourati discuss the power of craft-based fashion and how to collaborate ethically with artisans and indigenous communities.
The BoF Podcast | Why Craft is the Soul of True Luxury
In this riveting conversation from BoF CROSSROADS 2025, Mexican designer Carla Fernández and Tunisian entrepreneur Kenza Fourati discuss the power of craft-based fashion and how to collaborate ethically with artisans and indigenous communities.
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Global Markets
The BoF Podcast | Anas Bukhash on Harnessing Dubai’s Potential as a Global Crossroads
Entrepreneur and podcast host Anas Bukhash joined BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to explore Dubai’s transformation into a global creative and business hub, and how it uniquely empowers innovation and entrepreneurship in the Global South.
The BoF Podcast | Anas Bukhash on Harnessing Dubai’s Potential as a Global Crossroads
Entrepreneur and podcast host Anas Bukhash joined BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to explore Dubai’s transformation into a global creative and business hub, and how it uniquely empowers innovation and entrepreneurship in the Global South.
BoF CROSSROADS 2025: How to Tap into Fashion’s Future Growth Markets
Designers Tory Burch, Rabia Zargarpur and more discussed how to balance global ambitions while catering to local markets.
Global Markets
The BoF Podcast | Sabyasachi on Building a Global Brand from the Global South
Sabyasachi Mukherjee joins BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to explore the challenges of going global on your own terms and why he is ready to take his brand to the next level, while making a case for craft, culture and the rising power of the Global South.
The BoF Podcast | Sabyasachi on Building a Global Brand from the Global South
Sabyasachi Mukherjee joins BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to explore the challenges of going global on your own terms and why he is ready to take his brand to the next level, while making a case for craft, culture and the rising power of the Global South.
BoF CROSSROADS 2025: Unpacking Fashion’s Future Markets
Designer Sabyasachi Mukherjee, entrepreneur and podcast host Anas Bukhash and Saudi Arabia’s Princess Noura Bint Faisal Al Saud and more discuss the opportunities in the industry’s most exciting emerging markets.
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Why BoF CROSSROADS 2025 is Exciting!
From April 10-11, BoF will bring together top business and creative leaders to examine the business opportunities for fashion, beauty and luxury brands in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Global Markets
Learn From Tory Burch, Pierre-Yves Roussel, Laurent Duffier and More at BoF CROSSROADS 2025
The Business of Fashion is pleased to announce BoF CROSSROADS 2025, our new invitation-only gathering of top business and creative leaders focused on seizing opportunities in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Learn From Tory Burch, Pierre-Yves Roussel, Laurent Duffier and More at BoF CROSSROADS 2025
The Business of Fashion is pleased to announce BoF CROSSROADS 2025, our new invitation-only gathering of top business and creative leaders focused on seizing opportunities in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Join Us at BoF CROSSROADS in Dubai
From April 10-11, BoF will bring together top business and creative leaders to examine the business opportunities for fashion, beauty and luxury brands in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Dubai’s Community Malls Are a Missed Opportunity for Fashion
Fashion brands have been slow to open stores in neighbourhood shopping centres popular with local residents who see them as a convenient alternative to the ‘chaos’ of the emirate’s mega malls.
The News in Brief
Crypto-Luxury Brand 9dcc Is Shutting Down
The brand cited headwinds in web3 and softness in the luxury market for its decision in an announcement Tuesday.
Temu-Owner PDD Holdings Misses Quarterly Revenue Estimates
Despite price slashing from retailers and government stimulus measures to boost consumer spending, the e-commerce company's year-on-year net income fell 47 percent.
Swiss Watch Exports Jump in April Ahead of Threatened US Tariffs
Swiss watch exports to the US saw a significant increase in April, driven by a surge in shipments ahead of anticipated tariff hikes.
Italy’s Fashion Brands Sign Accord to Fight Worker Exploitation
Italian legal and political authorities, trade unions and fashion industry parties signed a non-binding action plan focussed on the creation of a database of brands’ suppliers and their workforces, after prosecutors uncovered widespread abuse.
EU Warns Shein of Fines in Consumer Protection Probe
The EU has ordered Shein to address consumer law breaches within one month or face potential fines.
Trump Extends Deadline for 50% Tariffs on EU Goods to July 9
The US president told reporters the decision to push the deadline came after he had a ‘very nice’ phone call with Commission President Ursula von der Leyen.
E.l.f. Beauty Announces $1 Price Hike, Citing Inflation and Tariffs
The mass brand will raise prices in August.