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.
Ukraine
Global Markets
H&M to Reopen Most Ukrainian Stores
The retailer temporarily closed its stores in Ukraine following Russia’s invasion of the country in February of last year.
H&M to Reopen Most Ukrainian Stores
The retailer temporarily closed its stores in Ukraine following Russia’s invasion of the country in February of last year.
Global Markets
Op-Ed | How a Ukrainian Fashion Brand Is Surviving the War
Six months after Russia’s Ukraine invasion, Ienki Ienki founder Dmitriy Ievenko recounts how his the Ukrainian outerwear brand is navigating the crisis and what comes next.
Op-Ed | How a Ukrainian Fashion Brand Is Surviving the War
Six months after Russia’s Ukraine invasion, Ienki Ienki founder Dmitriy Ievenko recounts how his the Ukrainian outerwear brand is navigating the crisis and what comes next.
Global Markets
Ukrainian Fashion Professionals Remain Resilient In the Face of War
One month into the war in Ukraine, founder and editor-in-chief Imran Amed speaks with Julie Pelipas, Lilia Litkovskaya and Vadim Rogovskiy on The BoF Podcast.
Ukrainian Fashion Professionals Remain Resilient In the Face of War
One month into the war in Ukraine, founder and editor-in-chief Imran Amed speaks with Julie Pelipas, Lilia Litkovskaya and Vadim Rogovskiy on The BoF Podcast.
Global Markets
Op-Ed | Fashion Month Is Over. The War Is Not.
Is Ukraine still on the industry’s mind? Let’s provide struggling Ukrainian fashion professionals with opportunities, argues Vena Brykalin.
Op-Ed | Fashion Month Is Over. The War Is Not.
Is Ukraine still on the industry’s mind? Let’s provide struggling Ukrainian fashion professionals with opportunities, argues Vena Brykalin.
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Global Markets
Ukraine War: Uniqlo Reverses Course to Suspend Operations in Russia
The company said the decision was the result of operational challenges and the worsening conflict in Ukraine. It had faced public pressure to pull back.
Ukraine War: Uniqlo Reverses Course to Suspend Operations in Russia
The company said the decision was the result of operational challenges and the worsening conflict in Ukraine. It had faced public pressure to pull back.
Global Markets
Ukraine War: Fast Retailing Pledges to Stay in Russia
The Uniqlo owner said it will continue to operate in Russia, even international pressure in response to the country’s invasion of Ukraine sees waves of companies pull out.
Ukraine War: Fast Retailing Pledges to Stay in Russia
The Uniqlo owner said it will continue to operate in Russia, even international pressure in response to the country’s invasion of Ukraine sees waves of companies pull out.
News & Analysis
Zara Owner Inditex Closes Russian Stores and Online Platform
Spanish fashion retailer Inditex has halted trading in Russia, closing its 502 shops and stopping online sales, the company said in a statement on Saturday.
Zara Owner Inditex Closes Russian Stores and Online Platform
Spanish fashion retailer Inditex has halted trading in Russia, closing its 502 shops and stopping online sales, the company said in a statement on Saturday.
Global Markets
Ukraine War: Prada, Moncler and Hermès to Suspend Retail in Russia
Companies are also continuing to pledge humanitarian aid, while the LVMH Prize said it will offer support to its three former semi-finalists from Ukraine Friday.
Ukraine War: Prada, Moncler and Hermès to Suspend Retail in Russia
Companies are also continuing to pledge humanitarian aid, while the LVMH Prize said it will offer support to its three former semi-finalists from Ukraine Friday.
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Global Markets
Ukraine War: British Fashion Council Calls on Businesses to Take a Stance
Brands continue to pull back from Russia as sanctions challenge shipments, while Coperni dedicated its Paris Fashion Week show to its Ukrainian tailoring manufacturer.
Ukraine War: British Fashion Council Calls on Businesses to Take a Stance
Brands continue to pull back from Russia as sanctions challenge shipments, while Coperni dedicated its Paris Fashion Week show to its Ukrainian tailoring manufacturer.
Global Markets
Fashion Brands Undertake Charitable Efforts For Ukraine
Burberry, Valentino and more are making public donations to charities offering aid in Ukraine.
Fashion Brands Undertake Charitable Efforts For Ukraine
Burberry, Valentino and more are making public donations to charities offering aid in Ukraine.
Global Markets
Ukraine War: H&M Suspends Sales, Burberry Halts Shipments to Russia
A growing number of brands are halting deliveries, with a handful saying they will suspend sales.
Ukraine War: H&M Suspends Sales, Burberry Halts Shipments to Russia
A growing number of brands are halting deliveries, with a handful saying they will suspend sales.
Global Markets
‘Our Creativity Is Impossible to Kill’
As Ukraine faces its darkest hour, the country’s fashion community is asking the wider industry to act.
‘Our Creativity Is Impossible to Kill’
As Ukraine faces its darkest hour, the country’s fashion community is asking the wider industry to act.
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.