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The London Textile Fair (13th+14th Jan '26)

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The London Textile Fair (13th+14th Jan '26)

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Gymshark changing rooms feature adjustable lighting

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Gymshark changing rooms feature adjustable lighting

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Gymshark CEO gives tour of new Regent Street flagship

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Gymshark founder and CEO Ben Francis sits down with Drapers ahead of the opening of its first standalone flagship on London’s Regent Street to talk about store design and future plans.

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BOF: State of Fashion 2026 (Full Report in PDF)

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BOF: State of Fashion 2026 (Full Report in PDF)

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ADVANCED: Read this short article before the first class

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ADVANCED: Read this short article before the first class

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The State of Fashion 2026: When the Rules Change

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The 10th annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion's data and advisory team, reveals how changes in trade, technology and consumer behaviour will challenge businesses in 2026. Download the full report to understand the 10 themes that will shape the industry and opportunities for growth in the year ahead.

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Pharrell (LVMH) gifts Beyoncé bag on the catwalk. #MarketingGenius even with big budget marketing, this cost effective strategy is STILL used! (July '25)

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Pharrell (LVMH) gifts Beyoncé bag on the catwalk. #MarketingGenius even with big budget marketing, this cost effective strategy is STILL used! (July '25)

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Live Doc: Personal Survival Budget Worksheet for Finance Workshop

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Live Doc: Personal Survival Budget Worksheet for Finance Workshop

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View all posts by Munther Al-Dawood- Enterprise Expert (maldawoodgrowenterprise.co.uk)

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What is the adoption curve of innovation, and how does it work?

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Concept Everett Rogers popularized the concept of innovation adoption, explaining how new technologies spread among people. He identified key influencing factors, including the elements of diffusio…

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Zahirah Leopard Print Devore Halter Neck Midi Cape Dress

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Unleash your wild side with our Zahirah Halter Neck Midi Dress, a show-stopping piece designed to captivate. Featuring a hand-painted leopard print devoré fabric, this dress exudes sophistication. The halter neck design is elevated by an extravagant Marabou feather cape, adding a touch of drama and elegance, best style

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Most Up-to-Date: Finance Worksheet (June 2025)

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Most Up-to-Date: Finance Worksheet (June 2025)

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LIVE DOC - Finance Worksheet - May / June 2025

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LIVE DOC - Finance Worksheet - May / June 2025

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Cannes Makes it Official: Nudity and “Voluminous Outfits” Are Banned on Red Carpet

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A rep tells THR that festival’s official charter was just updated to reflect “certain rules that have long been in effect” and the aim is “not to regulate attire per se but to prohibit full nudity on the carpet.”

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Market Research - Primary Research (Westfields) - May '25

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Market Research - Primary Research (Westfields) - May '25

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Dress at Abercrombie & Fitch

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Primary Research - Market Research (Westfields) - May '25

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Primary Research - Market Research (Westfields) - May '25

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Dress at Stradivarius

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Primary Research - Market Research (Westfields) - May '25

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Primary Research - Market Research (Westfields) - May '25

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Pants at M&S

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Primary Research - Market Research (Westfields) - May '25

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Primary Research - Market Research (Westfields) - May '25

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Dress / Top at M&S

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Primary Research - Market Research (Westfields) - May '25

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Primary Research - Market Research (Westfields) - May '25

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Dress at Reiss

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Primary Research: Market Research (Westfields) - May '25

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Primary Research: Market Research (Westfields) - May '25

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https://www.karl.com/gb-en/kl-x-amber-valletta-tote-bag-A2W30232101.html#:~:text=Building%20on%20the%20spirit%20of,handwoven%20fabrics%20from%20Burkina%20Faso.

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Primary Research: Market Research (Westfields) - May '25

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Primary Research: Market Research (Westfields) - May '25

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Dress in Karl Lagerfeld

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Primary Research: Market Research (Westfields) - May '25

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Primary Research: Market Research (Westfields) - May '25

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Dress in Karl Lagerfeld

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Primary Research: Market Research (Westfields) - May '25

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Primary Research: Market Research (Westfields) - May '25

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Dress in Karl Lagerfeld

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Primary Research: Market Research (Westfields) - May '25

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Primary Research: Market Research (Westfields) - May '25

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Dress in REISS

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Primary Research: Market Research (Westfields) - May '25

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Primary Research: Market Research (Westfields) - May '25

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Dress in COS

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TexPremium is organised by Textile Events, the leading industry exhibition platform within the UK, hosting two biannual exhibitions in London. Among these is The London Textile Fair, which is the leading industry exhibition in the UK. Our events attract thousands of visitors at each edition.

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About Sponsors & partners exhibitor list Why ExHIBIT? directions

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Visiting SAMAB will provide National and International Top Buyers with an opportunity to access knowledge, connections and resources essential for success in the global fashion market.

All useful prerequisites to create a stimulating environment for collaboration and the development of new ideas and the global fashion market.

The free ticket is valid for the three-day event and will allow you to visit SAMAB from 27 to 29 May at Superstudio Maxi in Milan. It will give you access to the exhibition area, thematic workshop, B2B meetings and networking moments that will animate the three days.

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Visiting SAMAB will provide National and International Top Buyers with an opportunity to access knowledge, connections and resources essential for success in the global fashion market.

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Why did Celebrity Influence changed their name to "Influencer Intelligence"?

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Why did Celebrity Influence changed their name to "Influencer Intelligence"?

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Influencer Intelligence | Influencer Marketing Platform

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Influencer Intelligence is an influencer marketing data tool that offers users the ability to identify the most relevant influencers for their brand.

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California’s Assembly Bill (AB) No. 1817[1] prohibits the manufacture, distribution, sale, or offer for sale of any new textile articles containing regulated PFAS within the state beginning January 1, 2025. Textile articles are broadly defined as textile goods that are made in whole or in part from natural, man-made, or synthetic fiber, yarn, or fabric and ordinarily used in households and businesses, with the following list of examples:

Apparel (including, in part, regular and formal clothing, diapers, swim and athletic wear, sports uniforms, and outdoor apparel)

Accessories

Handbags and backpacks

Draperies

Shower curtains

Furnishings and upholstery

Bedding

Towels

Napkins and tablecloths

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New York and California: Bans on PFAS in Textiles and Apparel Begin January 1, 2025

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Bans in California and New York on textile articles and apparel containing per- and polyfluoroalkyl substances (PFAS) will take effect January 1, 2025. That same day, Colorado will commence its phased approach to prohibit PFAS in outdoor apparel for severe wet conditions, starting with a PFAS disclosure requirement. While an increasing number of states contemplate legislation and regulations addressing PFAS in textile goods and apparel—whether that be product bans or reporting and disclosure requirements—the size of the California and New York markets will likely impact national strategies for these types of products.

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The British fashion label Burberry destroyed more than £28m worth of its fashion and cosmetic products over the past year to guard against counterfeiting.

In a practice understood to be common across the retail industry, the luxury brand burned £28.6m of products, including £10.4m worth of beauty items, according to its annual report.

Retailers say the measure is needed to protect intellectual property and prevent illegal counterfeiting by ensuring the supply chain remains intact.

Burberry said it only destroyed items that carried its trademark and only worked with specialist companies able to harness the energy from the process in order to make it environmentally friendly.

It said the destruction of cosmetic items was a one-off related to a licence agreed last year with the beauty company Coty.

A company spokesman said: "Burberry has careful processes in place to minimise the amount of excess stock we produce. On the occasions when disposal of products is necessary, we do so in a responsible manner and we continue to seek ways to reduce and revalue our waste."

The company's clothing is priced at the high end of fashion retail, with men's polo shirts selling for as much as £250 and its famous trench coats costing about £1,500.

According to the Times, more than £90m of Burberry products have been destroyed over the past five years, and shareholders have questioned why the unsold products were not offered to the company's private investors.

The group has said it takes its environmental obligations seriously, and recently joined the Ellen MacArthur Foundation's Make Fashion Circular initiative to prevent waste in the industry.

However, environmentalists and social media users criticised the company on Thursday. Kirsten Brodde, who leads the Detox My Fashion campaign at Greenpeace, said Burberry "shows no respect for its own products and the hard work and natural resources that are used to make them".

Burberry, which is gearing up for the first collection under its new chief creative officer, Riccardo Tisci, announced last week that its same-store sales grew by 3% in the 13 weeks to 30 June, with revenues rising slightly from £478m to £479m.

It warned that sales in the UK and Europe had been knocked due to weaker tourist demand, but that Chinese tourists had lifted sales in Hong Kong, Korea and Japan.

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Burberry destroys £28m of stock to guard against counterfeits

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Luxury brand burns clothing and beauty items in practice said to be widespread in retail

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Can You Really Buy a Birkin Direct From a Chinese Factory?

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In a recent wave of viral TikToks, Chinese manufacturers claimed consumers could sidestep Trump’s tariffs by buying luxury goods directly from them at a fraction of the price. Experts say it’s not that simple.

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Hermès confirms plans to hike prices on its $10,000 bags in response to U.S. tariffs

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“We’re very attached to our production where it is,” executive chair Axel Dumas previously said of Hermès’s manufacturing.

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London Fashion Week cancelled in June (4th Apr '25)

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London Fashion Week cancelled in June (4th Apr '25)

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The British Fashion Council (BFC) has cancelled its June edition of London Fashion Week.

Instead, the focus will shift to providing more commercial opportunities for British brands through a London Show Rooms showcase in Paris, which will run from 26 June to 1 July. BFC outgoing CEO Caroline Rush hopes the showroom will provide an opportunity for designers to "generate sales and develop their relationships with international media outside of a show environment, reinforcing our commitment to providing vital commercial opportunities for British designers".

The BFC reintroduced its Paris showroom in September 2024 for Spring/Summer 2025, after a hiatus following January 2023. Since September, the BFC has been rethinking the commercial support for the region's emerging and independent brands. In February, for AW25, the BFC introduced a pop-up London Fashion Week Shop on Regent Street, which featured brands including Ahluwalia, Nicholas Daley and Saul Nash, and was open to the public.

The London Fashion Week June edition was initially launched with a menswear focus as 'London Collections: Men' in 2012, which was then rebranded to London Fashion Week Men's in 2017. In its heyday, exciting brands such as Alexander McQueen, JW Anderson, Wales Bonner and Craig Green attracted an engaged international audience.

In June 2020, the event turned co-ed as show formats began shifting that way more broadly, and was presented digitally during the 2020 and 2021 Covid seasons. After the pandemic, the event returned with a smaller - but still buzzy - edition in 2022 featuring shows from exciting newcomers at the time, such as Ahluwalia, Labrum London and Robyn Lynch, as well as an off-schedule show from Martine Rose. The June 2023 schedule shrunk considerably, featuring a handful of presentations from Saul Nash, SMR days and Qasimi Rising, and in 2024, the BFC trialled a new format centred around an exhibition of London design at the Institute of Contemporary Art as well as events celebrating the cultures that have impacted London's menswear scene. There were a few shows - Denzilpatrick, Charles Jeffrey Loverboy and Qasimi - and a presentation from Harri.

As the June edition shrunk, exposure dwindled, leaving many brands feeling it was no longer commercially viable to show in London during the week. But, with London's February and September editions now essentially co-ed, some menswear designers believe there was a lack of space carved out specifically for men's and that the buying period was misaligned.

To tackle this, the BFC says the June showroom will make menswear its focus, and that it plans to collaborate with buyers and press both locally and internationally through a "digital-first approach".

"By scaling back to more targeted programmes this June in London and Paris, we aim to create strong foundations to amplify the message of our brilliant British menswear businesses," says Rush. "We recognise the challenges the sector faces both in the UK and globally and remain committed to amplifying the voices of British menswear designers as they navigate an ever-changing fashion landscape and will continue to adapt and find ways to platform our brilliant British menswear business."

Comments, questions or feedback? Email us at feedback@voguebusiness.com.
More on this topic: Inside the revamped June edition of London Fashion Week BFC stands by smaller 'storytelling' June London Fashion Week London Fashion Week: Smaller, buzzy June event here to stay

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British Fashion Council cancels London Fashion Week June edition

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The BFC is focusing on its showroom in Paris in June, in lieu of a standalone fashion week.

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FINAL SCHEDULE How To Start Your Own Fashion Business Short Course April - June 2025

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Source-Fashion Event in London (Feb 18th - 20th, 2025)

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Source-Fashion Event in London (Feb 18th - 20th, 2025)

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Plan Your Visit to Olympia London | Source Fashion

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Find out how to travel to Olympia London, and the best places to stay during the event. We look forward to welcoming you to Source Fashion.

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Why are fashion entrepreneurs always leaving out Baby-Boomers, when it comes to Fashion products and services, despite....

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Why are fashion entrepreneurs always leaving out Baby-Boomers, when it comes to Fashion products and services, despite....

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Want to use our UAL Libraries Post-Short Course...?

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Want to use our UAL Libraries Post-Short Course...?

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Welcome. Our libraries are open to all visitors to use our collections for research, with a booking. We will need your full name and contact details.

Bookings should be requested at least 1 day before you want to visit. You must have received a booking confirmation before you visit. Please note there is no wait list.

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We are currently allowing limited visitor access to our libraries, archives and special collections. Bookings should be requested at least 1 day before you want to visit. You must have received a booking confirmation before you visit. Please note there is no wait list. Make a booking.

Visitors have access to book a study space and browse collections. There is no access to UAL computers but visitors can create a guest account to print and copy from their own device by visiting Papercut

Visitors from other academic institutions can access Wi-Fi via Eduroam, from their own devices.

Closed access materials must be requested for viewing at the time of booking. If you are booking at short notice, requested materials may not be available to view on your visit. We recommend booking at least 48 hours in advance to view material on your visit.

When requesting closed access material please check Library Search and copy and paste the URL for your item or add author, title, journal issue/volume and date, plus location shelved at and shelfmark

Make sure you bring in a copy of your booking, or have it ready to show on your device.

Alumni can still access free or open access quality online resources. Join the alumni scheme and find out about graduate benefits.

We have been accredited with Customer Service Excellence.

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We are currently allowing limited visitor access to our libraries, archives and special collections. Bookings should be requested at least 1 day before you want to visit. You must have received a booking confirmation before you visit. Please note there is no wait list. Make a booking.

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Macroeconomic headwinds, shifting customer preferences and a deteriorating value proposition continue to weigh on the global luxury sector in 2025. Companies need to review their strategic priorities — investing in talent development, product excellence and finding new ways to engage with clients.

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Over the past five years, the luxury industry experienced a period of exceptional value creation. Between 2019 and 2023, unprecedented demand for personal luxury goods - fashion, handbags, watches and jewellery among them - combined with a deep well of supply allowed the sector to achieve a 5 percent compound annual growth rate. Luxury brands outperformed global markets and achieved new profitability records.

The pace of growth across the industry was remarkable and swift, though luxury "megabrands" with annual revenues over €5 billion ($5.3 billion) used their global presence to drive even greater visibility and desirability. Price increases accounted for more than 80 percent of growth during this period, while volume gains were more moderate.

Now, as we step into 2025, the luxury industry is facing a significant slowdown that has hit even top brands hard. For the first time since 2016 (excluding 2020), luxury value creation declined.

Several of the industry's growth-driving engines have stalled. Macroeconomic headwinds - especially in the key China market, which grew more than 18 percent annually from 2019 to 2023 - are weighing heavily on the sector.

Meanwhile, the luxury client base is becoming more diverse, and clients have a more complex relationship with luxury goods than ever. To that end, one challenge luxury players face is how to engage younger clients without alienating older ones, both through the products brands create as well as through their marketing strategies. Additionally, customers of all ages are becoming more interested in luxury experiences, not just luxury goods. This dynamic creates new trade-offs for clients to consider, meaning personal luxury goods players must exceed higher-than-ever client expectations to win spend over luxury travel and wellness experiences, for example.

But luxury's woes are also partly self-inflicted. The sector's rapid expansion over the last five years has led to overexposure and weakened the industry's promise of exclusivity, creativity and craftsmanship. As demand surged, brands increased prices but failed to sufficiently adapt their creative strategies and supply chains to meet new scale requirements, thereby weakening their core value proposition and, ultimately, failing to keep their promise to customers.

As a result of these strategic choices and economic headwinds, growth in the years ahead will be slower. We expect global luxury sales to expand between 2 and 4 percent annually from 2025 to 2027, recovering modestly from 0 to 2 percent year-on-year growth in 2024. Dynamism in emerging markets such as the Middle East, India and other Asia-Pacific regions will not compensate for single-digit growth in luxury's core markets such as China and Europe, though we are more bullish on the US where we expect better overall perspectives. With sector recovery out of reach until late 2025 or 2026, the industry must use the slowdown as an opportunity to reflect and recalibrate. Luxury leaders must play a long game rather than relying on quick fixes to their most pressing challenges.

Now is the time to take bold risks, rebuild connections with clients and invest in the critical areas of your business - even if the returns may not be immediate. In our view, there are five strategic imperatives for luxury executives in the coming years:

1. Conduct a strategic reset

Clarify core values and align on priority clients to sharpen the brand's long-term strategy and differentiated value proposition, including assortment, communication, price architecture and experience.

Review the synergies large groups may achieve by launching initiatives jointly, be it on growth acceleration or cost excellence.

2. Restore product excellence

Continue to invest resources in creating iconic products that will resonate with target clients and uphold luxury's promise of quality and value.

Realign business scale with craftsmanship heritage by investing in long-term supply chain stability (through vertical integration, for example) and by implementing best-in-class sourcing and manufacturing practices.

3. Rethink customer engagement strategy

Continue to develop unique "money-can't-buy" experiences, both in and outside of stores, for the most loyal and most promising clients that have been underserved in recent years. These experiences must align with the brand's ethos, and not simply chase the latest trends. Develop new client acquisition strategies.

Invest in tech, AI and data capabilities to uncover powerful customer insights to help better personalise customer journeys.

4. Bridge the talent capability gap

Attract, develop and retain the best talent across every critical function, not just in creative roles. Evolve corporate cultures and update operating models to align with the business's growing scale and complexity, and potential succession planning.

Professionalise operations across major business units - including digital, data, technology, supply chain and procurement - by emulating best practices from other sectors, while looking outside luxury to find talent to help bridge the capability gap.

5. Futureproof the portfolio

Review exposure to different luxury categories and regions (within large groups). Define a clear role and goals for expansion to adjacent categories, including travel and hospitality, to maximise client engagement without neglecting the core business. Allocate focus and resources to these new ventures without impacting the core business.

Seek complementary acquisitions to build resiliency and secure a competitive edge in a more consolidated market. The nature and scale of these shifts will likely continue to recompose the industry.

The luxury industry is at a critical juncture. Executives - should they lead with vision, creativity and a renewed commitment to excellence, while also focusing on long-term investments and multi-year initiatives - can ensure the continued success and growth of their brands. If they do not make these necessary changes, they risk sacrificing brand relevancy and market share for years to come.
BoF Insights is The Business of Fashion's in-house consultancy. We partner with leading fashion and beauty brands and investors to help them sustainably grow for the long term. Get in touch to find out how we can support your business.

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Macroeconomic headwinds, shifting customer preferences and a deteriorating value proposition continue to weigh on the global luxury sector in 2025. Companies need to review their strategic priorities - investing in talent development, product excellence and finding new ways to engage with clients.