President Donald Trump said he planned to impose previously threatened tariffs of as much as 25 percent on Mexico and Canada by Feb. 1, reiterating his contention that Americaâs two immediate neighbours are letting undocumented migrants and drugs flood into the country. âWeâre thinking in terms of 25 percent on Mexico and Canada, because theyâre […]
Trump Plans to Enact 25% US Tariffs on Mexico, Canada by Feb. 1 Read More »
The value of Tesla’s brand fell by 26% in 2024, a second straight annual decline, with factors including an aging lineup of vehicles, and CEO Elon Musk’s “antagonism,” according to research and consulting firm Brand Finance. Tesla’s brand value now stands at an estimated $43 billion, down from $58.3 billion at the beginning of 2024
Fashion dealmaking is back in full swing. Lower interest rates and the prospect of a business-friendly Trump administration have unleashed a torrent of deals. While most have been small, it raises hopes that buyers will next set their sights on big start-ups and heritage brands long rumoured to be in the market. Kapital, True Religion
Fashion’s Most Anticipated M&A Hot Spots in 2025 Read More »
TikTok is back â for now. But a host of competitors see an opportunity in its uncertain future to make a play for the growing number of consumers who use the platform to shop. In 2023, with the launch of TikTok Shop in the US, the social media platform succeeded where rivals had tried and
TikTok’s Rivals Are Coming for Its E-Commerce Business Read More »
Washington — President Trump signed an executive order on Monday directing the Justice Department to not enforce a law that effectively bans TikTok for 75 days. It directs the Justice Department not to take action or impose penalties against “any entity for any noncompliance” with the law. The widely popular short-form video app briefly shuttered
Trump orders Justice Department to not enforce TikTok ban Read More »
MILAN â The menâs fashion week that closed in Milan on Monday was perilously short: barely a long-weekend. JW Anderson skipped the season; Gucci and Fendi opted to forgo menâs for co-ed shows in February; and some smaller labels steered clear of the catwalk altogether. If things carry on this way, some kind of merging
So Long Quiet Luxury Read More »
When Donald Trump was inaugurated as the 47th President of the United States on Monday morning, he did so surrounded by a whoâs who of some of the worldâs most powerful executives. The attendees at the ceremony â which was forced to downsize and move indoors to rotunda of the US Capitol due to freezing
Bernard Arnault, Jeff Bezos and Mark Zuckerberg and More Attend Trump’s Inauguration Read More »
The European Commission intends to propose a ban on the use of PFAS, or âforever chemicalsâ, in consumer products, with exemptions for essential industrial uses, the EUâs environment chief told Reuters. PFAS, or Perfluoroalkyl and Polyfluoroalkyl Substances, do not break down in the environment, raising concerns about the consequences of them building up in ecosystems,
EU Plans Ban on ‘Forever Chemicals’ in Consumer Products Read More »
Upon hearing Donald Trumpâs tariff threats against China and other countries late last year, Tikki Singleton wasted no time conferring with her peers. âI straight away got on the phone to everyone I knew at every brand [and discovered that] most of them are looking at diversifying away from China on [whatever product] categories they
Will President Trump Redraw Fashion’s Global Sourcing Map? Read More »
This week, we are pleased to introduce a new partner on BoF Careers. Swarovski is a premium jewellery company founded in 1895 in Austria, specialising in crystal- and gemstone-embellished jewellery and accessories. Today, the company also produces watches, home décor and lighting. It remains a family firm with global headquarters and crystal production facilities in
Announcing Swarovski to BoF Careers Read More »
