Fashion's Link to Forced Labour

H&M CEO on Retail Resilience View on Web Add to contacts New reader? Subscribe THE DAILY DIGEST ADVERTISEMENT THE UPFRONT Dear BoF Community,   At least 570,000 Uyghur Muslims are being forced to work in Chinese cotton fields, according to a new report, and brands can't promise their products aren't implicated, with concern spreading from fast-fashion and sportswear companies to luxury groups like Kering. Elsewhere, H&M Group sank to a loss in the second quarter of 2020 with sales plummeting 50 percent year-on-year, but it has since recovered faster than expected. H&M CEO Helena Helmersson talks to BoF about making retail more resilient. Plus, as the internet rewires media and business, the brand age is giving way to the product age, argues Professor Scott Galloway in an exclusive excerpt from his latest book, 'Post Corona: From Crisis to Opportunity.' Vikram Alexei Kansara, Editorial Director TODAY'S MUST READ News & Analysis Are These Fashions Linked to Forced Labour? Brands Can't Confidently Say No. BY Robert Williams At least 570,000 Uighur Muslims are being forced to work in Chinese cotton fields that produce one-fifth of the world's supply, a new report says. Most fashion brands can't promise their products aren't implicated, with concern spreading from fast-fashion and sportswear giants to major luxury groups. TOP STORIES BoF Professional H&M's Helena Helmersson on Making Retail More Resilient BY Imran Amed and Tamison O'Connor H&M Group sank to a loss in the second quarter of 2020 as the pandemic caused sales to plummet 50 percent year-on-year, but it has since recovered faster than expected. The fast fashion giant's chief executive is focusing on more sustainable business models to drive growth in the coming years. Try BoF Professional for 30 days for $1/£1 JOIN Opinion Post Corona: From the Brand Age to the Product Age BY Scott Galloway The primacy of brand is giving way to the primacy of product as the internet rewires media and business, argues Scott Galloway in an exclusive excerpt from his latest book, 'Post Corona: From Crisis to Opportunity.' The Year Ahead: Rethinking Retail ROI BY BoF Team and McKinsey & Company Amplified by a potential power shift from landlords to retailers and the need to seamlessly embed digital, companies will need to make tough choices to improve their return on investments. BoF Professional How Fragrances Became the 'Unexpected Star' of the Pandemic BY Tamison O'Connor There's no online replacement for walking into a store and smelling a fragrance sample. But brands are finding ways to sidestep this dilemma, sending US fragrance sales soaring after a rocky start to the year. Try BoF Professional for 30 days for $1/£1 JOIN NEWS BRIEFS China Nearly Doubled Its Overall Share of the Global Luxury Market in 2020 Moncler Bets on Younger Chinese Shoppers for Post-Covid Recovery UK Official Says 'Still Not There' on EU Trade Deal StockX Valued at $2.8 Billion After Series E Funding Round Fashion Mogul Peter Nygard Arrested on Sex-Trafficking Charges Raf Simons Debuts Multidisciplinary E-Commerce Platform Bangladesh Plans Export Revamp as It Aims To Dump 'Least Developed Country' Status Ruyi Group Defaults on Second Domestic Yuan Bond Subscribe Were you forwarded this email? To subscribe to this newsletter, click below. Subscribe for Free Follow Us The Business of Fashion Sponsorship & Advertising About This email was sent to edwardlorilla1986.paxforex@blogger.com Add to Address Book | Unsubscribe | Edit Newsletter Subscriptions The Business of Fashion Moray House - 6th Floor · 23-31 Great Titchfield St London W1W 7PA · United Kingdom