Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Delhi, India
Global Markets
India and European Union Sign Free Trade Agreement
The deal is expected to ease market access for key European products, including cars and wine, in return for easier Indian exports of textiles, gems and pharmaceuticals.
India and European Union Sign Free Trade Agreement
The deal is expected to ease market access for key European products, including cars and wine, in return for easier Indian exports of textiles, gems and pharmaceuticals.
Global Markets
India’s Higher Clothing Tax Threatens Setback for Global Fashion Brands
India’s consumer tax reform is raising duties on apparel priced above $29, unsettling global and domestic fashion players who warn higher costs could affect demand.
India’s Higher Clothing Tax Threatens Setback for Global Fashion Brands
India’s consumer tax reform is raising duties on apparel priced above $29, unsettling global and domestic fashion players who warn higher costs could affect demand.
Global Markets
India Braces for Higher US Tariffs, Eyes Broader Trade Deal, Sources Say
As a temporary measure, India anticipates US tariffs between 20-25 percent while broader trade negotiations continue.
India Braces for Higher US Tariffs, Eyes Broader Trade Deal, Sources Say
As a temporary measure, India anticipates US tariffs between 20-25 percent while broader trade negotiations continue.
Retail
Birkenstock Cracks Down on Fakes in India
Indian court-appointed representatives recently inspected factories to seize suspected counterfeit footwear, after the German brand launched an infringement lawsuit, sources said.
Birkenstock Cracks Down on Fakes in India
Indian court-appointed representatives recently inspected factories to seize suspected counterfeit footwear, after the German brand launched an infringement lawsuit, sources said.
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Global Markets
India’s Future Retail Takes Reliance Deal Saga to Supreme Court
India’s Future Retail has asked the country’s top court to stall a Singapore arbitration panel’s decision to freeze a $3.4 billion asset sale after e-commerce giant Amazon had sought to block the deal.
India’s Future Retail Takes Reliance Deal Saga to Supreme Court
India’s Future Retail has asked the country’s top court to stall a Singapore arbitration panel’s decision to freeze a $3.4 billion asset sale after e-commerce giant Amazon had sought to block the deal.
Global Markets
How to Plug Into India’s Dynamic E-Commerce Market
During lockdown Indian e-commerce platforms attracted a bonanza of international investment from the likes of Facebook and a fund backed by LVMH. What can fashion brands do now to tap into this complicated but colossal $43 billion opportunity?
How to Plug Into India’s Dynamic E-Commerce Market
During lockdown Indian e-commerce platforms attracted a bonanza of international investment from the likes of Facebook and a fund backed by LVMH. What can fashion brands do now to tap into this complicated but colossal $43 billion opportunity?
Global Markets
Luxury Brands Have a ‘Respect Deficit’ with Indian Artisans
Brand leaders who claim that craft is the lifeblood of luxury should see worker welfare as a moral duty that aligns with their strategic business interests. But protecting the valuable skills of Indian artisans is not the same as valuing the artisans themselves.
Luxury Brands Have a ‘Respect Deficit’ with Indian Artisans
Brand leaders who claim that craft is the lifeblood of luxury should see worker welfare as a moral duty that aligns with their strategic business interests. But protecting the valuable skills of Indian artisans is not the same as valuing the artisans themselves.
News & Analysis
Marrying Traditional Craftsmanship with International Opportunity at Pearl Academy
BoF sits down with the president of the Indian fashion school to hear how the academy weaves a curriculum of local artisanship with international study opportunities to mould its next generation of fashion professionals.
Marrying Traditional Craftsmanship with International Opportunity at Pearl Academy
BoF sits down with the president of the Indian fashion school to hear how the academy weaves a curriculum of local artisanship with international study opportunities to mould its next generation of fashion professionals.
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Global Markets
Fashion Workers Left Destitute in India
By cancelling orders with Indian suppliers during the country’s chaotic lockdown, global brands are making impoverished workers even more vulnerable in a market where 60 million people depend on the fashion industry for their livelihood.
Fashion Workers Left Destitute in India
By cancelling orders with Indian suppliers during the country’s chaotic lockdown, global brands are making impoverished workers even more vulnerable in a market where 60 million people depend on the fashion industry for their livelihood.
Global Markets
Migrant Workers in India Face Police Backlash After Defying Covid-19 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.
Migrant Workers in India Face Police Backlash After Defying Covid-19 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.
Global Markets
Amazon to Face Protests From Traders During India Trip
India's 70 million brick-and-mortar retailers have been waging a battle against online retailers Amazon and Walmart-controlled Flipkart since 2015, accusing them of deep discounts and flouting India's foreign investment rules.
Amazon to Face Protests From Traders During India Trip
India's 70 million brick-and-mortar retailers have been waging a battle against online retailers Amazon and Walmart-controlled Flipkart since 2015, accusing them of deep discounts and flouting India's foreign investment rules.
News & Analysis
Amazon and Indian Trader Group in Public Spat Over Discounts
The Confederation of All India Traders has issued concerns over the e-commerce giant's alleged circumvention of foreign investment rules.
Amazon and Indian Trader Group in Public Spat Over Discounts
The Confederation of All India Traders has issued concerns over the e-commerce giant's alleged circumvention of foreign investment rules.
The News in Brief
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
Exclusive: Akt London Enters Sephora
The UK label will roll out its hero deodorant to Sephora US doors and launch its full assortment online as the LVMH-owned retailer expands its body care offering.