Megan

The Business of Fashion
The Art Newspaper - International art news and events

German Watchdog Says Shein Must Substantiate or Remove Net-Zero Claims

The ultra-fast fashion retailer says it has updated language on its website following engagement with the group. [...]

Investors and retailers are bullish on machines that perform beauty services like nails or lashes — but professionals and shoppers aren’t fully on board. [...]

Michael Kors Parent Capri Raises Annual Revenue Forecast

Capri Holdings raised its annual revenue forecast, driven by strong performance from its Jimmy Choo brand, despite a dip in overall revenue and continued pressure on Michael Kors. [...]

Pandora Climbs on Silver’s Price Plunge

The Danish jewellery maker’s shares surged as much as 10 percent on Monday, driven by a historic slump in silver prices ahead of its fourth-quarter earnings release and strategy update. [...]

Will Gen Z Ignite India’s Luxury Market?

Brands risk missing India’s next growth phase without smarter strategies for under-30s rooted in culture, access and community. [...]

Worldview | What India’s Trade Deals with US and EU Mean for Fashion

This week’s round-up of global markets fashion business news also features the next wave of Chinese luxury malls, Sri Lanka’s apparel exports and plans for Saudi Arabia’s new fashion district. [...]

Nike Just Turned Costco Into a Hypebeast Playground

Nike’s release of its “Costco” SB Dunk Low might actually be better than the shoes themselves. [...]

Ontario Court Hands $548K Fine to Estée Lauder Over Use of ‘Forever Chemical’

An Ontario court has issued a $750,000 fine to Estée Lauder after the cosmetics company pled guilty to violating the Canadian Environmental Protection Act following the discovery of a 'forever [...]

Spanish Surgeons Perform Pioneering Face Transplant

In a world first, the facial tissue came from a donor who had requested an assisted dying procedure. [...]

How a Price Guarantee Helped Seal Pinault’s Puma Exit

A price-protection clause that guarantees François-Henri Pinault’s family a share of any near-term upside helped bridge a valuation gap and seal Anta’s $1.8 billion purchase of Puma’s largest stake. [...]

Indian Jewellery Maker Emerald Jewel Said Planning IPO for Up to $300 Million

Emerald Jewel Industry India Ltd., one of the country’s largest jewellery manufacturers, is weighing an IPO that could potentially pave the way for India’s biggest listings in the sector. [...]

How the Winterwear Boom Reshaped Fashion’s Olympic Playbook

At Milano Cortina, brands are turning the Winter Games into a category marketing machine for winterwear, using uniforms, fan gear and post-Games athlete deals to drive growth. [...]

How Creators Can Avoid Being Replaced by AI

As AI-generated content and recommendations become the norm, creators face renewed pressure to stand out. Leaning on human creativity and connection is a good place to start. [...]

At Ecoalf, Designing for the Future of Circular Fashion

Ecoalf is sharpening its circularity-first approach while expanding its global footprint. BoF sits down with its founder Javier Goyeneche to discuss the challenges and opportunities that lie ahead for the [...]

Colorescience Is Acquired by Roundtable Healthcare Partners

The healthcare private equity fund has purchased the mineral sunscreen brand from 1315 Capital and shareholders. [...]

Zegna Organic Revenues Up 4.6% in Fourth Quarter on Strong Americas Performance

The Greater China region remained weak, with organic revenues down 10 percent. [...]

Trump, Modi Reach Trade Deal Slashing India Tariffs to 18%

Trump is also removing the extra 25 percent duty on Indian goods he applied in response to India’s purchases of crude from Russia, Bloomberg reported. [...]

A New Challenger Is Taking on Sephora in Its Biggest Market

Canadian chain Sukoshi is expanding into the US quickly, having opened six stores since the start of 2025 vending a variety of beauty products from Korea, Japan and China. It [...]

T Magazine China Taps Shaway Yeh as Editor at Large

The appointment forms part of a partnership that will see Chinese publisher Huasheng Media support Yeh’s sustainability agency Yehyehyeh and jointly develop projects across Europe and Asia. [...]

Jane Lauder’s Husband Nominated as US Federal Reserve Chair

The nomination of Warsh, who is married to cosmetics heiress Jane Lauder, is seen as an attempt by the US president to curb the central bank’s independence. [...]

Why a Nice Tuxedo Doesn’t Cut It on the Red Carpet Anymore

Hollywood’s leading men are trading unassuming tailoring for a playful, but still refined, approach to event dressing. [...]

Copenhagen Fashion Week Defies the Sustainability Pullback

The event, now in its 20th year, made its name by embedding environmental responsibility into its structure. But as green initiatives slip down fashion’s corporate agenda, what does its future [...]

From Hype to Discipline: The New World of Influencer Marketing | Case Study

Influencer marketing is bigger than ever, but it’s also become more complex as the number of creators multiplies, consumers grow more resistant to blatant ads, platforms like Substack gain traction [...]

The Creator Economy’s Coming-of-Age Moment | Editor’s Letter

With influencer marketing sector expected to hit $44 billion this year, The Business of Fashion is looking deeper at this rapidly changing industry with a special package on the stakes [...]

Urban Outfitters Criticised for Use of Gig Economy App in UK

Urban Outfitters and others have come under fire for advertising jobs on Temper, an gig economy app that’s been criticised for not offering basic employment rights. [...]

Can French Connection Make ‘FCUK’ Fashionable Again?

With a North American licensing deal under its belt, the reinvented high-street giant is growing again under new owners and a global strategy. [...]

Saks Ends E-Commerce Partnership With Amazon

The end of the luxury retailer’s partnership with Amazon, arrives two years after the e-commerce giant made a $475 million investment in Saks, Reuters reported. [...]

This Week: Fashion’s Biggest Sports Week Ever (Until the Next One)

Thom Browne, Abercrombie & Fitch and Tecovas are among the brands with Super Bowl activations. Meanwhile, the Winter Olympics kick off in Milan. [...]

In the Fight for Early Payouts From Bankrupt Saks, Big Luxury Brands Have the Edge

The embattled luxury department store is ‘absolutely dependent’ on companies like Chanel, LVMH and Kering, who could ‘suffocate’ the retailer if they stopped shipping, Reuters reported. [...]

Is There a Ceiling on Sydney Sweeney’s Selling Power?

The polarising actress has become one of the most frequently tapped brand ambassadors in Hollywood. Whether she has the sway to build a lasting venture with her new lingerie line [...]

The Couture Season That Cut Through | The BoF Podcast

Fresh off a week of major moments, Tim Blanks and Imran Amed break down the blockbuster couture debuts at Dior and Chanel and what they signify about the state of [...]

Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit

Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules. [...]

Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing

Meesho has carved out a niche for itself by offering low-priced products without charging ⁠sellers a commission. [...]

Swatch Gives Upbeat Growth Outlook After Second-Half Rebound

The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup [...]

Church & Dwight Exceeds Outlook On Stronger Sales

The personal care giant cited Hero acne products and the 2025-acquisition of Touchland hand sanitiser as growth drivers. [...]

Pieter Mulier Exits Alaïa After 5 Years

As the first creative director to succeed founder Azzedine Alaïa, Mulier rejuvenated the Paris-based brand with highly-refined, sculptural styles, bringing runway drama and spawning commercial hits like the Teckel bag [...]

For These Beauty Products, It’s What’s on the Outside That Counts

Brands are designing products and packaging meant to be clicked, tapped and touched. Actually using them is beside the point. [...]

Adidas Keeps Thriving in a Chaos-Filled Market

Adidas’ staggering growth continues while the rest of the sportswear industry struggles to find its footing. [...]

Astra Signs Obesity Drug Deal in China Worth Up to $18.5 Billion

AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing [...]

Givaudan Sales Slowdown Sends Fragrance Maker’s Shares Falling

The Swiss firm missed expectations for yearly organic sales growth on Thursday, as weaker performance of its flavours business outweighed resilient growth in fine fragrances. [...]

Winter Games in Italy Attract Luxury Brands Seeking Global Stage

Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections. [...]

Explainer: How Fashion Brands Should Prepare for Mandatory Digital Product Passports

The deadline for every fashion item sold in the EU to have its own digital identity is inching closer. Brands need to get ready. [...]

Opinion: How to Prepare Your Fashion Company For AI in 90 Days

AI won’t replace fashion leadership, but leaders who use AI will replace those who don’t, writes Ari Bloom. [...]

How Jewellery Houses Aim to Stay Ahead In 2026

High jewellery brands including Boucheron, Chaumet, De Beers and Dior showed new collections at Haute Couture week in Paris as they manage so far to ride out geopolitical tensions which [...]

Me+Em Hasn’t Raised the Price of Its Hero Product for 17 Years. Here’s How.

A direct-to-consumer strategy and cost discipline have helped the British brand grow without leaning on price hikes. [...]

Saks Will Close Most Off 5th Stores With Big Clearance Sales

The bankrupt department store operator will focus instead on its luxury offerings at Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman chains. [...]

Adidas Announces New Share Buyback Programme as Profits Jump

Fourth-quarter operating profit exceeded analyst estimates and drove full-year operating profit slightly above its forecast from October. [...]

The Beating Heart of Haute Couture

IT’S ALIVE! in the dreamweaving hands of Alessandro Michele at Valentino and Daniel Roseberry at Schiaparelli, reports Tim Blanks. [...]

Lululemon Blames Customers Again After See-Through Tights Fiasco

The activewear company’s dilemma is familiar to many companies that have grown rapidly and need to find ways to keep expanding while competitors encroach. [...]

A Tale of Two Makeup Artist-Led Brands; Where Is Harry Styles’ Pleasing?

This week, I look at the very different roads traveled by Pat McGrath and Charlotte Tilbury, wait with bated breath for Pleasing’s comeback and review LVMH’s beauty results. [...]

Open letter calls for ouster of Art Gallery of Ontario trustee who led vote against Nan Goldin acquisition

The institution will also overhaul its committee structure in response to the scandal [...]

Exhibitions to see during Mexico City Art Week

From audio-tape portraits to the mother-daughter relationship, we share some must-see shows [...]

Mexico City’s fairs give many artist-run spaces pride of place

Art fairs including Salón Acme, Clavo and Material offer various forms of support to alternative art spaces and artist-run projects spread across the country [...]

Mexico City exhibition explores dynamic exchange between Americas and Southeast Asia

An exhibition marking 50 years of relations with Singapore is organised around the Philippines-Mexico galleon trade system [...]

Guatemala’s Museo de Arte Colonial shut down by authorities

The court-ordered raid has resulted in the relocation of nearly 300 works of art, part of the nation’s premier colonial collection [...]

Alabama advocacy group expands its historical sites

After building a museum, memorial and sculpture park, the Equal Justice Initiative opens a new site celebrating Civil Rights Era resistance in Montgomery [...]

How an artist's sketch was turned into a museum

The new Lawh Wa Qalam: M.F Husain museum in Doha is based on a sketch by the artist himself. We spoke to the architect Martand Khosla about how he translated [...]

Six key works by M.F. Husain to see at Lawh Wa Qalam

Amita Shenoy, curatorial consultant to the brand-new Doha institution dedicated to work of M.F. Husain, picks out some highlights [...]

Education, arts and heritage meet in Doha’s new museum

Lawh Wa Qalam: M.F. Husain Museum is a modern cultural learning space where visitors can explore the artist’s work but also engage with a new model for educational arts practice [...]

M.F. Husain in Qatar: bridging Asia and the Arab world

Lawh Wa Qalam: M.F. Husain Museum casts fresh light on Husain’s final years, tracing how his late work moved beyond borders [...]

New Doha museum celebrates M.F. Husain’s global legacy

Launched by Qatar Foundation, Lawh Wa Qalam: M. F. Husain Museum is dedicated to the restlessly energetic Indian artist, who spent his final years in Qatar working on an ambitious [...]

Rome introduces Trevi Fountain tourist fee

Visitors to Rome will now pay to access the famous fountain and five other historic monuments [...]

‘An institution where you delve into works’: details of AlUla Contemporary Art Museum announced

The vision and name for the new institution, opening in the AlUla culture and heritage site in northwest Saudi Arabia, were revealed on 1 February [...]

February Book Bag: from Tracey Emin’s conversations about painting to a catalogue of Lucian Freud’s drawings

Our round-up of the latest art publications [...]

In loco parentis: new study tells the story of Florence’s ‘thrown-away’ children

Europe’s first foundling hospital, the Ospedale degli Innocenti, is examined afresh in a new book [...]

‘Sometimes it would get physical’: the photographer who captures humanity at close quarters

A book celebrating the intimate street photography of Mark Cohen [...]

‘The good, the bad and the ugly’: a short history of how artists depict the female body

The author Amy Dempsey talks about her new book exploring the tension between overexposure and invisibility [...]

American poet Stanley Moss's passion for Old Masters comes to the fore at Sotheby's

The acclaimed poet, who died in 2024, was “a unique figure" who combined collecting and selling art with writing and publishing literature [...]

How Martin Parr’s defining photobook made a splash 40 years ago

‘The Last Resort’, which will be republished later this year, is the subject of a new show at the late photographer’s foundation [...]

Saudi woman painter outshines Picasso at Sotheby’s second sale in Diriyah

Having refined its strategy for the nascent market, the sale landed a $2.1m record for Safeya Binzagr but found less success for major Western names [...]

Pioneering sculptor Geles Cabrera’s Mexico City retrospective marks centennial

The exhibition at the Museo del Palacio de Bellas Artes traces the 99-year-old Mexican artist’s unique and dynamic approach to the human figure and highlights her work as a cultural [...]

Mexico City's Zona Maco fair finds a ‘balance between continuity and renewal’

Ambitious programmes during the city’s Art Week span fairs, galleries, museums and pop-up spaces [...]

Documentary tracks Indigenous efforts to recover ancestors’ remains from museums and universities

The new film, “Aanikoobijigan [ancestor/great-grandparent/great-grandchild]”, follows one campaign in Michigan and foreshadows many more [...]

One battle after another: Trump’s war on federal architecture

The US president has set his sights on transforming the city of Washington, DC, to fit his grandiose aesthetic [...]

Dutch national photo collection opens in new Rotterdam home

Nederlands Fotomuseum has appointed a new director ahead of reopening in a former coffee warehouse on 7 February [...]

Dürer ‘copy’ at London’s National Gallery is the real thing, expert claims

In a new book, German scholar Christof Metzger also argues that a portrait in Vienna is ten years older than thought [...]

Aiza Ahmed: ‘I’m finding ways to explore humanity’

The young Pakistan-born, New York-based artist is showing new works from her Doha residency programme at Art Basel Qatar [...]

‘I don’t take advice on collecting. If I don’t like, I don’t buy’: Tariq Al Jaidah on his approach to acquiring art

The Doha-based patron and dealer wants to develop the commercial gallery scene in Qatar [...]

From a bakery pop-up to an I.M. Pei survey: the exhibitions to see in Doha during Art Basel Qatar

Several major shows are taking place in the city during the inaugural edition of the fair [...]

In pictures: Wael Shawky’s pick of Art Basel Qatar

The artistic director of the inaugural edition of the Doha-based fair talks us through his highlights [...]

Glasgow’s Centre for Contemporary Arts to close permanently

The decision comes after Creative Scotland confirmed it had suspended further funding payments to the venue [...]

The first Art Basel Qatar heralds a new model for art fairs in the region

The inaugural event, which welcomes 87 exhibitors, features solo displays of major artists across multiple venues, as participating galleries hope to engage with museums and encourage institutional sales [...]

Photomontage of Israel bombing Gaza will go on show at Art Basel Qatar

Proceeds from the sale of Rashid Rana's work will benefit Palestinian relief funds [...]

An Artemisia Gentileschi self-portrait and Judy Chicago’s Scottish queen: our pick of the February auctions

Plus, Rembrandt’s sleepy lion and a late Redon [...]

London’s National Gallery appoints Patrick Elliott as curator of Modern paintings

Hire of former National Galleries of Scotland curator is part of museum's expansion of its collection into the 20th and 21st centuries [...]

Louvre Abu Dhabi director Manuel Rabaté leaves to head India’s largest private art museum

French civil servant joins the Kiran Nadar Museum of Art in New Delhi as it prepares to move to a vast new complex [...]

MFA Boston will lay off 33 employees amid rising deficit and restructuring

The layoffs amount to a reduction of the museum’s staff by around 6.3% and include 16 unionised workers [...]

Venice Biennale: South African pavilion scandal, Marian Goodman remembered, Paul Cezanne in Basel—podcast

We discuss the cancellation of Gabrielle Goliath’s pavilion and the artist’s attempt have the decision overturned, pay tribute to the lauded gallerist Marian Goodman, and hear about Cezanne’s famous ‘The [...]

Sonia Boyce to make new work to mark 200 years of University College London

The London university has also commissioned works by three artists-in-residence for its bicentenary [...]

Your country needs you(r content): National Gallery of Art in Washington DC launches social media open call

As part of the US's 250th anniversary celebrations, the museum is looking for 50 digital content creators to make short-form videos in response to its collection [...]

Art Basel Qatar is the latest addition to a grand national plan

A drive to develop the commercial sector is the latest push from the government to promote its artists [...]

UK museum directors join prime minister on diplomatic mission to China

The visit is intended as a relationship-boosting exercise though the government said the prime minister would also “raise the areas where we disagree with China” [...]

Russia's winter bombardment puts strain on Ukrainian museum workers

Targeted attacks on electric and water supplies amid freezing conditions are further complicating the work of cultural organisations [...]

Former Swiss president to head new Nazi loot panel

The new Commission for Historically Problematic Cultural Heritage—whose remit also includes claims for cultural heritage that changed hands in a colonial context—will issue non-binding recommendations [...]

What happens to the art market when humanity stops mattering?

In a world now governed by force—as US president Donald Trump and his circle would have it—rather than shared values, art risks being relegated to a power play of ‘proven [...]

Fifty-year restoration of Sainte-Chapelle's monumental stained glass inches closer to completion

Long-haul conservation project contrasts with the speed of neighbour Notre-Dame’s repair after the 2019 fire [...]

As the ‘great wealth transfer’ gets underway, what are the current inheritance tax rules?

Experts explain the intricacies of tax regimes in the UK and the US in relation to major estate dispersals [...]

Florida coin hoard worth $1m resurfaces debate over treasure hunting

Recent discoveries have renewed archaeologists’ concerns that a shipwreck-salvage company has exclusive rights to artefacts aboard a sunken 1715 fleet [...]

Van Gogh and café culture: 'The absinthes and brandies would follow each other in quick succession'

A touring exhibition on Parisian cafés is opening in Denmark and then goes to America [...]

US art spaces from New York to Los Angeles close in protest of violent Ice actions

Commercial and non-profit galleries are participating in the national day of action on 30 January, which comes after federal immigration enforcement agents killed US citizens in Minneapolis and Los Angeles [...]

Rise – Lazin Magazine – Jan 2024