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.
Philadelphia, United States
News & Analysis
At Thomas Jefferson University, Preparing Students for the Future of Fashion
Working with the likes of NASA and adopting an innovative approach to trans-disciplinary collaboration, BoF meets the faculty members of Thomas Jefferson University seeking to train students for the future of fashion.
At Thomas Jefferson University, Preparing Students for the Future of Fashion
Working with the likes of NASA and adopting an innovative approach to trans-disciplinary collaboration, BoF meets the faculty members of Thomas Jefferson University seeking to train students for the future of fashion.
News & Analysis
Inside the Student Experience at Thomas Jefferson University
BoF sits down with three current fashion students at the almost 200-year-old American university to hear how the school’s innovative trans-disciplinary approach is preparing them for a career in today’s industry.
Inside the Student Experience at Thomas Jefferson University
BoF sits down with three current fashion students at the almost 200-year-old American university to hear how the school’s innovative trans-disciplinary approach is preparing them for a career in today’s industry.
News & Analysis
Redefining Fashion Education at Thomas Jefferson University
Thomas Jefferson University’s approach to fashion education is fuelled by pioneering combinations of disciplines and skills, made capable by its merger with Philadelphia University in 2017.
Redefining Fashion Education at Thomas Jefferson University
Thomas Jefferson University’s approach to fashion education is fuelled by pioneering combinations of disciplines and skills, made capable by its merger with Philadelphia University in 2017.
Financial Markets
Urban Outfitters Posted a Fourth Straight Quarter of Sales Growth
Same-store sales rose 13 percent — among the highest upticks in sales this quarter.
Urban Outfitters Posted a Fourth Straight Quarter of Sales Growth
Same-store sales rose 13 percent — among the highest upticks in sales this quarter.
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Retail
Urban Outfitters Rises on Upbeat Quarterly Forecast
Shares rose after at least four brokerages raised their price targets following the company's upbeat quarterly same-store sales forecast at its retail business.
Urban Outfitters Rises on Upbeat Quarterly Forecast
Shares rose after at least four brokerages raised their price targets following the company's upbeat quarterly same-store sales forecast at its retail business.
Retail
East Coast's Largest Mall Is Trying Something Other Than Stores
With the rise of e-commerce imposing a rapid reckoning on retailers and their landlords, mall owners are turning to everything from restaurants and bowling alleys to apartment buildings and hotels to internet-proof their properties.
East Coast's Largest Mall Is Trying Something Other Than Stores
With the rise of e-commerce imposing a rapid reckoning on retailers and their landlords, mall owners are turning to everything from restaurants and bowling alleys to apartment buildings and hotels to internet-proof their properties.
Retail
Urban Outfitters Jumps as Free People Brand Leads Sales Rebound
Urban Outfitters joins a group of companies that have pulled out of slumps by diversifying across brands — a development that may spark optimism in a sector that’s struggled to come up with winning formulas this year.
Urban Outfitters Jumps as Free People Brand Leads Sales Rebound
Urban Outfitters joins a group of companies that have pulled out of slumps by diversifying across brands — a development that may spark optimism in a sector that’s struggled to come up with winning formulas this year.
Financial Markets
Urban Outfitters Beats Wall Street Forecasts
The parent company of Urban Outfitters and Anthropologie posted revenue of $892.8 million in the third quarter.
Urban Outfitters Beats Wall Street Forecasts
The parent company of Urban Outfitters and Anthropologie posted revenue of $892.8 million in the third quarter.
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Retail
Urban Outfitters Exceeds Estimates Thanks to Free People, Anthropologie
The group's shares surged 20 percent thanks to Free People and Anthropologie, despite same-store sales and the Urban Outfitters brand both posting a loss.
Urban Outfitters Exceeds Estimates Thanks to Free People, Anthropologie
The group's shares surged 20 percent thanks to Free People and Anthropologie, despite same-store sales and the Urban Outfitters brand both posting a loss.
Financial Markets
Urban Outfitters Misses First Quarter Forecasts
Urban Outfitters Inc. on Tuesday reported fiscal first-quarter earnings of $11.9 million.
Urban Outfitters Misses First Quarter Forecasts
Urban Outfitters Inc. on Tuesday reported fiscal first-quarter earnings of $11.9 million.
Retail
Urban Outfitters Misses Fourth Quarter Forecasts
The results missed Wall Street expectations by one cent.
Urban Outfitters Misses Fourth Quarter Forecasts
The results missed Wall Street expectations by one cent.
Financial Markets
Urban Outfitters Misses Third-Quarter Forecasts
Urban Outfitters Inc. on Tuesday reported fiscal third-quarter earnings of $47.4 million.
Urban Outfitters Misses Third-Quarter Forecasts
Urban Outfitters Inc. on Tuesday reported fiscal third-quarter earnings of $47.4 million.
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.