Canada to Announce C$29.8 Billion in Retaliatory Tariffs on US, Official Says
The move is the latest in an escalating the trade conflict between the two countries.

BoF and McKinsey & Company are pleased to share a preview of exclusive data from The State of Fashion 2021, our highly anticipated annual report on the future of the fashion industry, which reveals that the global fashion industry could lose up to 20 percent of revenues this year — worth up to a staggering $440 billion — and lays out potential scenarios for the year ahead as well as the timing of the sector’s recovery.

BoF and McKinsey & Company are pleased to share a preview of exclusive data from The State of Fashion 2021, our highly anticipated annual report on the future of the fashion industry, which reveals that the global fashion industry could lose up to 20 percent of revenues this year — worth up to a staggering $440 billion — and lays out potential scenarios for the year ahead as well as the timing of the sector’s recovery.

Follow our live blog for continuous updates from the frontlines of fashion.

Follow our live blog for continuous updates from the frontlines of fashion.

"Here’s why it’s important for everyone to do more."

"Here’s why it’s important for everyone to do more."

"The fashion brand has developed a near-cult following."

"The fashion brand has developed a near-cult following."

"Brands and retailers are stepping-up to make up for the British government's shortfall."

"Brands and retailers are stepping-up to make up for the British government's shortfall."

"With the threat of Covid-19, industry experts are keener than ever to regulate the sector."

"With the threat of Covid-19, industry experts are keener than ever to regulate the sector."

"Just as ‘Vote’ has become this season’s slogan, pink has been reframed as the colour of activism."

"Just as ‘Vote’ has become this season’s slogan, pink has been reframed as the colour of activism."

"As the US faces another apparent pandemic surge, a wobbly economy and a national election, uncertainty rules."

"As the US faces another apparent pandemic surge, a wobbly economy and a national election, uncertainty rules."

"This small fashion brand has thrived during lockdown."

"This small fashion brand has thrived during lockdown."

"The hanbok, a traditional form of Korean dress, is being embraced by K-pop stars and adapted by innovative designers."

"The hanbok, a traditional form of Korean dress, is being embraced by K-pop stars and adapted by innovative designers."

"The Chinese retailer lists in the US despite challenge of slowing growth."

"The Chinese retailer lists in the US despite challenge of slowing growth."

"The two creatives unpack their definitions of beauty and their respective reactions to this tumultuous cultural moment."

"The two creatives unpack their definitions of beauty and their respective reactions to this tumultuous cultural moment."
The move is the latest in an escalating the trade conflict between the two countries.
The UK has reaffirmed its commitment to ongoing US trade talks despite being affected by President Donald Trump’s global steel and aluminium tariffs.
The US President temporarily delayed tariffs on goods from its neighbouring countries, shelving duties until April after facing pushback from businesses and warnings of significant price increases for US consumers.
The Trump administration confirmed that tariffs on Canada and Mexico will take effect next month as planned, following a delay for the countries to address his concerns over border security and illegal immigration.
The supermodel was disqualified from being a charity trustee for five years in May 2024 after a Charity Commission inquiry found widespread evidence of financial misconduct at Fashion for Relief, the poverty charity she created.
Richardson was one of the most famous fashion photographers in the world, going on to work for the likes of Tom Ford, Vogue, Vanity Fair, and Yves Saint Laurent.
Nygard, 82, was on trial in the Ontario Superior Court for five counts of sexual assault and one count of forcible confinement charges linked to alleged incidents.
This year’s New Wave programme includes British makeup artist Alice Dodds, Ghanaian visual artist Sarfo Emmanuel, French photographer Lucie Rox and American art director Sandra Leko.