The Business of Fashion

Michelle Ngonmo’s talent incubator, Afro Fashion Association, founded in Italy in 2015, platforms and supports BIPOC fashion talent and creatives while building bridges between hubs in Cameroon, Rwanda and Ghana to fashion capitals like Milan, and soon, Paris. BoF sits down with Ngonmo to explore the association’s mission and impact. https://lnkd.in/gv7-rqQy

US President Donald Trump’s trade war has officially made landing at the checkout line. Apparel prices rose 0.4 percent between May and June, according to the US Bureau of Labor Statistics, the first month-on-month increase in the category since March. After raising prices in the wake of the pandemic, the fashion industry had been reluctant to implement further hikes, even in the wake of Trump’s “Liberation Day” announcement in April of the highest tariffs in a century. Those days appear to be over. Rising clothing prices came amid a broader uptick in inflation, which hit 2.7 percent at an annual rate in June, the highest since February, according to the BLS data. Read more: https://lnkd.in/gfpx9FjZ

Puig saw sales swell to $1.2 billion in the second quarter, with growth in all core categories. Read more https://lnkd.in/gtHSgDGv

Executives with a reputation as turnaround experts or “fixers” are in high demand at brands looking for outside help to navigate a turbulent market. Read more https://lnkd.in/g-Ah8AZ4

Join us live tomorrow, July 16, with Reformation’s chief sustainability officer and vice president of operations, Kathleen Talbot, and BoF’s commercial features director, Sophie Soar, to gather her career advice and to learn the ins and outs of establishing a more sustainable, scalable supply chain framework. Watch the conversation live on LinkedIn on Wednesday, July 16, 2025 at 5pm BST / 12 pm ET. Register now to attend. https://lnkd.in/dA7UJBaU

After dominating wardrobes for more than a decade, leggings are no longer the go-to bottom for many younger consumers — even in the gym. Activewear brands are scrambling to adapt. Read more https://lnkd.in/gRyPyGMa

Looking for a new role in Fashion? SKIMS are hiring for roles in Merchandising, Retail and Supply Chain in their California HQ: VP of Merchandising: https://lnkd.in/ebQ5kQ9K Director of Business Systems (Merchandising & Supply Chain): https://lnkd.in/eHnAUjY2 Technical Product Manager, Retail Systems: https://lnkd.in/eukCvnVR Manager of OMS & Inventory Systems: https://lnkd.in/eW32W4-c Retail DC Operations and Fulfilment Manager: https://lnkd.in/eFg__VZS Find your next role on BoF Careers: https://lnkd.in/e478epV

The Estée Lauder Companies Inc. announced on Wednesday that Aude Gandon will be its new chief marketing and digital officer. Gandon, who joins the company from Nestlé, will assume her new role on August 1. Read more https://lnkd.in/gtj8jwrd

Ludivine Pont has been appointed chief executive officer of Florentine perfume house Officina Profumo-Farmaceutica di Santa Maria Novella. Read more https://lnkd.in/geh39PiU

Richemont's jewellery division, including Cartier and Van Cleef & Arpels, grew by double digits in the first quarter, while fashion stagnated and watches slumped. Weaker currencies in key export markets and a darkening China market are set to add further pressure to luxury firms this quarter. Read more https://lnkd.in/ehnV_PzQ