As millions of businesses cop the heat of the US tariff war, Chinese manufacturers are pushing back against the gratuitous world of consumerism from which …
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Goods
EU Suspends Retaliatory 25% Tariffs on US Goods After Trump U-Turn
The EU has suspended its retaliatory 25 percent tariffs on US goods for 90 days after Donald Trump’s dramatic climbdown in his trade war. The …
EU to Make E-Commerce Platforms Liable for Unsafe Goods
The European Union is planning to make e-commerce platforms such as Temu, Shein and Amazon Marketplace liable for dangerous or illegal products sold online, the …
LVMH Fashion and Leather Goods Sales Fall 5%, Missing Estimates
LVMH’s critical fashion and leather goods division reported third-quarter sales down 5 percent, missing the expectations of analysts who had predicted between 0 and 2 …
Roblox to Sell Physical Goods Through Shopify Integration
Roblox has its eye on e-commerce. The popular gaming platform and Shopify on Friday announced a global partnership that will allow creators of Roblox experiences, …
Macy’s Tempers Annual Revenue View on Weak Demand for Pricier Goods
Macy’s lowered its annual net sales forecast on Wednesday as inflation-weary customers hold back from spending on upscale apparel and accessories, sending shares of the …
Retail Startup Neighborhood Goods Shutters All Four Stores
Neighborhood Goods, a chain of multi-brand stores that stock indie brands such as Andie Swim and D.S. & Durga, is shuttering, chief executive Matt Alexander …
PDD’s Temu Seeks US-Based Compliance Help Amid Scrutiny of China Goods
E-commerce marketplace Temu is looking to hire a compliance officer based in the US, job ads showed, after lawmakers scrutinised the Chinese company for allegedly …
Hailey Bieber Wore Bottega Veneta Shopping At Community Goods
Between the amount of black dresses, especially black velvet dresses we’ve seen on the red carpet this week, Hailey Bieber’s recent California street style look …
BoF LIVE | Inside Hermès’ Best-in-Class Leather Goods Strategy
Join us for a special Masterclass, as BoF’s luxury editor Robert Williams, along with a panel of experts, unpack our latest case study Inside Hermès’ …
Private Equity Firm Takes Control of Italian Leather Goods Supplier
Investment firm Permira has acquired the majority of Gruppo Florence in a deal which a source close to the matter said valued the hub of …
Hermès Opens New Leather Goods Workshop as Sales Approach $15 Billion
CHARLEVILLE MEZIÈRES, France – Hermès opened its twenty-second French leather goods workshop Friday in the Ardennes region bordering Belgium. The 5,700 square-metre facility is set to …
OTB Group Acquires Majority Stake in Leather Goods Atelier Frassineti
The Italian fashion group, which owns Diesel and Maison Margiela, announced Thursday that it has acquired a majority shareholder stake in Frassineti, a Florentine leather …
LVMH becomes first European company to reach $500bn valuation | Luxury goods sector
LVMH, the French luxury goods group behind Louis Vuitton and Moët & Chandon champagne, has become the first European company to hit a $500bn (£400bn) …
Don C Named Creative Director of Premium Goods for Mitchell & Ness
Don Crawley, professionally known as Don C, has been named the new Creative Director of Premium Goods by Mitchell & Ness, a well-known international supplier …
Etsy Shares Fall After Citron Research Calls Out Platform for Counterfeit Goods
Citron Research said on Thursday Etsy Inc has become one of the largest platforms in the world for counterfeit goods, sending the e-commerce firm’s shares …
Falling Online Prices Point to US Goods Deflation Continuing
Prices for online goods in the United States fell 1 percent in January compared to the year before, the fifth consecutive monthly drop, according to …
The BoF Podcast: Stadium Goods’ John McPheters on the Streetwear Resale Opportunity
In December 2018, luxury e-commerce platform Farfetch acquired sneaker and streetwear marketplace Stadium Goods for $250 million, a key player in the new wave of …
How much? ‘Worn out’ £645 Adidas Stan Smith trainers sell out at Balenciaga | Luxury goods sector
They are stained, crushed and yellowing but Balenciaga’s range of “worn-out” sneakers, launched in collaboration with Adidas this month, have sold out. This is despite …
Chinese Authorities Destroy 3,000 Tonnes of Fake Goods Worth $69 Million
Chinese authorities on Thursday destroyed a giant haul of counterfeit products purporting to be from brands such as Nike and Louis Vuitton at an event …