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.
Dubai, United Arab Emirates
Global Markets
Gulf Businesses Reel as Iran Strikes Trigger Aviation Chaos
Regional business activity has been disrupted after Iran launched strikes across Gulf nations in response to the US-Israeli assault on Tehran, triggering airport closures or restrictions in Dubai, Abu Dhabi and Doha.
Gulf Businesses Reel as Iran Strikes Trigger Aviation Chaos
Regional business activity has been disrupted after Iran launched strikes across Gulf nations in response to the US-Israeli assault on Tehran, triggering airport closures or restrictions in Dubai, Abu Dhabi and Doha.
Luxury
Dubai Fair Doubles Attendance as Luxury Watchmakers Turn East
Amid a global downturn, the Middle East is emerging as the watch industry’s most promising frontier. But questions over tariffs, inventories and the relevance of blockbuster fairs persist. At Dubai Watch Week, Robin Swithinbank took the temperature, speaking to the CEOs of Audemars Piguet, Breitling, Chopard, LVMH’s Hublot and more.
Dubai Fair Doubles Attendance as Luxury Watchmakers Turn East
Amid a global downturn, the Middle East is emerging as the watch industry’s most promising frontier. But questions over tariffs, inventories and the relevance of blockbuster fairs persist. At Dubai Watch Week, Robin Swithinbank took the temperature, speaking to the CEOs of Audemars Piguet, Breitling, Chopard, LVMH’s Hublot and more.
Luxury
Inside The Great Luxury Reset | The BoF Podcast
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, managing director of luxury goods at Bernestein, speak to System Magazine’s Jonathan Wingfield about how luxury fashion is navigating economic headwinds, shifting consumer values and the urgent need for creative renewal.
Inside The Great Luxury Reset | The BoF Podcast
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, managing director of luxury goods at Bernestein, speak to System Magazine’s Jonathan Wingfield about how luxury fashion is navigating economic headwinds, shifting consumer values and the urgent need for creative renewal.
Global Markets
Redefining ‘Made in Africa’ | The BoF Podcast
Maryse Mbonyumutwa of Pink Mango, Laduma Ngxokolo of MaXhosa Africa, and Reni Folawiyo of Alara join writer Rozan Ahmed at BoF CROSSROADS 2025 to discuss how African brands are overcoming operational challenges to bring global creativity and sustainability to fashion.
Redefining ‘Made in Africa’ | The BoF Podcast
Maryse Mbonyumutwa of Pink Mango, Laduma Ngxokolo of MaXhosa Africa, and Reni Folawiyo of Alara join writer Rozan Ahmed at BoF CROSSROADS 2025 to discuss how African brands are overcoming operational challenges to bring global creativity and sustainability to fashion.
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Global Markets
Modest Fashion at a Crossroads | The BoF Podcast
Linda Anggrea of Modinity, Kareem Türe of Modanisa, and Rabia Zargarpur of Rabia Z join Imran Amed at BoF CROSSROADS 2025 to discuss modest fashion’s global rise, cultural significance, and commercial future.
Modest Fashion at a Crossroads | The BoF Podcast
Linda Anggrea of Modinity, Kareem Türe of Modanisa, and Rabia Zargarpur of Rabia Z join Imran Amed at BoF CROSSROADS 2025 to discuss modest fashion’s global rise, cultural significance, and commercial future.
Luxury
Why Craft Is the Soul of True Luxury | The BoF Podcast
In this riveting conversation from BoF CROSSROADS 2025, Mexican designer Carla Fernández and Tunisian entrepreneur Kenza Fourati discuss the power of craft-based fashion and how to collaborate ethically with artisans and indigenous communities.
Why Craft Is the Soul of True Luxury | The BoF Podcast
In this riveting conversation from BoF CROSSROADS 2025, Mexican designer Carla Fernández and Tunisian entrepreneur Kenza Fourati discuss the power of craft-based fashion and how to collaborate ethically with artisans and indigenous communities.
Global Markets
Anas Bukhash on Harnessing Dubai’s Potential as a Global Crossroads | The BoF Podcast
Entrepreneur and podcast host Anas Bukhash joined BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to explore Dubai’s transformation into a global creative and business hub, and how it uniquely empowers innovation and entrepreneurship in the Global South.
Anas Bukhash on Harnessing Dubai’s Potential as a Global Crossroads | The BoF Podcast
Entrepreneur and podcast host Anas Bukhash joined BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to explore Dubai’s transformation into a global creative and business hub, and how it uniquely empowers innovation and entrepreneurship in the Global South.
Global Markets
BoF CROSSROADS 2025: How to Tap into Fashion’s Future Growth Markets
Designers Tory Burch, Rabia Zargarpur and more discussed how to balance global ambitions while catering to local markets.
BoF CROSSROADS 2025: How to Tap into Fashion’s Future Growth Markets
Designers Tory Burch, Rabia Zargarpur and more discussed how to balance global ambitions while catering to local markets.
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Global Markets
Sabyasachi on Building a Global Brand from the Global South | The BoF Podcast
Sabyasachi Mukherjee joins BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to explore the challenges of going global on your own terms and why he is ready to take his brand to the next level, while making a case for craft, culture and the rising power of the Global South.
Sabyasachi on Building a Global Brand from the Global South | The BoF Podcast
Sabyasachi Mukherjee joins BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to explore the challenges of going global on your own terms and why he is ready to take his brand to the next level, while making a case for craft, culture and the rising power of the Global South.
Global Markets
BoF CROSSROADS 2025: Unpacking Fashion’s Future Markets
Designer Sabyasachi Mukherjee, entrepreneur and podcast host Anas Bukhash and Saudi Arabia’s Princess Noura Bint Faisal Al Saud and more discuss the opportunities in the industry’s most exciting emerging markets.
BoF CROSSROADS 2025: Unpacking Fashion’s Future Markets
Designer Sabyasachi Mukherjee, entrepreneur and podcast host Anas Bukhash and Saudi Arabia’s Princess Noura Bint Faisal Al Saud and more discuss the opportunities in the industry’s most exciting emerging markets.
Global Markets
Why BoF CROSSROADS 2025 is Exciting!
From April 10-11, BoF will bring together top business and creative leaders to examine the business opportunities for fashion, beauty and luxury brands in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Why BoF CROSSROADS 2025 is Exciting!
From April 10-11, BoF will bring together top business and creative leaders to examine the business opportunities for fashion, beauty and luxury brands in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Global Markets
Learn From Tory Burch, Pierre-Yves Roussel, Laurent Duffier and More at BoF CROSSROADS 2025
The Business of Fashion is pleased to announce BoF CROSSROADS 2025, our new invitation-only gathering of top business and creative leaders focused on seizing opportunities in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Learn From Tory Burch, Pierre-Yves Roussel, Laurent Duffier and More at BoF CROSSROADS 2025
The Business of Fashion is pleased to announce BoF CROSSROADS 2025, our new invitation-only gathering of top business and creative leaders focused on seizing opportunities in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
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.