De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
Amsterdam, Netherlands
Retail
Nike Temporarily Closes European Headquarters Due to Coronavirus
The sportswear giant’s office in the Netherlands will be shut down following the news that an employee is infected with the virus.
Nike Temporarily Closes European Headquarters Due to Coronavirus
The sportswear giant’s office in the Netherlands will be shut down following the news that an employee is infected with the virus.
Retail
Hudson's Bay to Close Dutch Stores on December 31
According to the Netherlands workers' union, 1,424 employees have been informed of the company's decision, and added that severance packages were 'respectful.'
Hudson's Bay to Close Dutch Stores on December 31
According to the Netherlands workers' union, 1,424 employees have been informed of the company's decision, and added that severance packages were 'respectful.'
News & Analysis
Zalando Will Expand Delivery from Stores to Prevent Missed Sales
The online retailer estimates it misses out on 20 to 30 million transactions per year because items shoppers are searching for are unavailable.
Zalando Will Expand Delivery from Stores to Prevent Missed Sales
The online retailer estimates it misses out on 20 to 30 million transactions per year because items shoppers are searching for are unavailable.
News & Analysis
Jumia's Nigeria Chief Stands by Questioned Sales Figures
A report by Citron Research questioned some of the African e-commerce company's sales figures sending shares down sharply.
Jumia's Nigeria Chief Stands by Questioned Sales Figures
A report by Citron Research questioned some of the African e-commerce company's sales figures sending shares down sharply.
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News & Analysis
Redesigning Fashion Education for the Next Generation at AMFI
Amsterdam Fashion Institute is incorporating sustainability and digital innovation into its interdisciplinary approach, to better reflect the industry's future needs.
Redesigning Fashion Education for the Next Generation at AMFI
Amsterdam Fashion Institute is incorporating sustainability and digital innovation into its interdisciplinary approach, to better reflect the industry's future needs.
News & Analysis
Cult Accessories Label Wandler Launches Footwear
The handbag brand, known for its clean and geometrical designs, is moving into a new category, launching its first shoe collection in April.
Cult Accessories Label Wandler Launches Footwear
The handbag brand, known for its clean and geometrical designs, is moving into a new category, launching its first shoe collection in April.
News & Analysis
Ace & Tate Plots European Expansion
With estimated 2018 revenues of $40 million, the Dutch direct-to-consumer eyewear brand is looking towards the UK and Germany to further its growth.
Ace & Tate Plots European Expansion
With estimated 2018 revenues of $40 million, the Dutch direct-to-consumer eyewear brand is looking towards the UK and Germany to further its growth.
Luxury
Greenpeace Report Spotlights Fashion’s Progress on ‘Detoxing’
According to the report, Inditex, H&M, Fast Retailing and Benetton are among the big fashion companies leading the way in hazardous chemical management.
Greenpeace Report Spotlights Fashion’s Progress on ‘Detoxing’
According to the report, Inditex, H&M, Fast Retailing and Benetton are among the big fashion companies leading the way in hazardous chemical management.
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Luxury
Cult Sneaker Label Filling Pieces Launches Ready-to-Wear
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
Cult Sneaker Label Filling Pieces Launches Ready-to-Wear
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
Sustainability
H&M, Levi & Strauss, Nike Top Sustainable Cotton Report
Several fast-fashion and mass retailers lead the rankings, while Kering is the only luxury entry.
H&M, Levi & Strauss, Nike Top Sustainable Cotton Report
Several fast-fashion and mass retailers lead the rankings, while Kering is the only luxury entry.
Workplace & Talent
Tommy Hilfiger: A Culture of Innovation
Tommy Hilfiger has reaffirmed itself as a market leader by focusing first and foremost on how its employees can innovate in their work. BoF sits down with the brand’s eponymous founder and its CEO, Daniel Grieder, to hear why recurring reinvention is the future.
Tommy Hilfiger: A Culture of Innovation
Tommy Hilfiger has reaffirmed itself as a market leader by focusing first and foremost on how its employees can innovate in their work. BoF sits down with the brand’s eponymous founder and its CEO, Daniel Grieder, to hear why recurring reinvention is the future.
Technology
Iris van Herpen’s Science Fashion
Iris van Herpen on the weird wonderland of creative possibilities in new technologies from nanorobotics to synthetic biology.
Iris van Herpen’s Science Fashion
Iris van Herpen on the weird wonderland of creative possibilities in new technologies from nanorobotics to synthetic biology.
The News in Brief
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.