Agenda-setting intelligence, analysis and advice for the global fashion community.
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SEOUL, South Korea –
This week’s round-up of global markets fashion business news also features Nike’s Chinese suppliers, South African e-tailer Takealot and the Japanese textile firm in trouble in Ecuador.
While a ceasefire is in place, shipping, supply chains and consumer sentiment remain threatened as tensions in the Middle East persist.
K-fashion made significant inroads in becoming a part of a global fashion conversation in 2025, with brands like Post Archive Faction and Gentle Monster grabbing attention. But scaling the category to become as big as other cultural exports remains challenging.
This week’s round-up of global markets fashion business news also features JD.com’s turnaround plan, pan-African e-commerce giant Jumia and Ecuador’s crackdown on Chinese e-tailers.
The sector is facing double-digit sales declines and a crisis of relevance. ‘A watch has become a cultural object of sophistication… but culture has to constantly reinvent, otherwise it can disappear,’ said former Cartier boss Cyrille Vigneron.
The technology company’s recent white paper ‘Meeting the Moment’ unpacks the macro-shifts challenging fashion businesses, and focuses on addressing technological advancements, streamlining supply chains and reprioritising the sustainability agenda for long-term success. Discover insights from the report, alongside BoF analysis.
A deal between the biggest e-commerce platform in Africa and telecommunications company Axian would help both company expand across the continent.
The cyberattack is estimated to have cost the British retailer $412 million this year.
