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.
accessories
Financial Markets
Handbag Industry Tightens Purse Strings to Cope With Slow Sales
Michael Kors Holdings Ltd., Kate Spade & Co. and Coach Inc. all topped analysts’ earnings estimates for the past quarter after the retailers cut costs and reduced discounts.
Handbag Industry Tightens Purse Strings to Cope With Slow Sales
Michael Kors Holdings Ltd., Kate Spade & Co. and Coach Inc. all topped analysts’ earnings estimates for the past quarter after the retailers cut costs and reduced discounts.
News & Analysis
How the Baseball Cap Hit a Home Run in 2015
Thanks to the rise of athleisure and a boom in sportswear, the baseball cap has achieved a new prominence, moving from streetwear staple to stylish must-have.
How the Baseball Cap Hit a Home Run in 2015
Thanks to the rise of athleisure and a boom in sportswear, the baseball cap has achieved a new prominence, moving from streetwear staple to stylish must-have.
Luxury
The Secret to Hermès’ Success
For two decades, Hermès has managed to make its luxury goods both impossibly exclusive and widely available, driving strong profits and growth.
The Secret to Hermès’ Success
For two decades, Hermès has managed to make its luxury goods both impossibly exclusive and widely available, driving strong profits and growth.
Financial Markets
At Mansur Gavriel, Shoes and the Promise of Categories to Come
Rachel Mansur and Floriana Gavriel, whose accessibly-priced handbags have generated Birkin-esque waiting lists, debuted a new product category at their first proper NYFW presentation.
At Mansur Gavriel, Shoes and the Promise of Categories to Come
Rachel Mansur and Floriana Gavriel, whose accessibly-priced handbags have generated Birkin-esque waiting lists, debuted a new product category at their first proper NYFW presentation.
Luxury
Birkin Gives Hermès OK to Keep Using Name After Crocodile Spat
Hermès can keep selling its famous Birkin bags after actress Jane Birkin said she was satisfied with how the company ensures the ethical treatment of crocodiles reared for their skins.
Birkin Gives Hermès OK to Keep Using Name After Crocodile Spat
Hermès can keep selling its famous Birkin bags after actress Jane Birkin said she was satisfied with how the company ensures the ethical treatment of crocodiles reared for their skins.
News & Analysis
Hermès Holds Talks With Actress Jane Birkin Following Complaint
Hermès said it’s talking to Jane Birkin to allay her concerns about crocodile slaughter practices after the actress demanded the leather-goods maker stop using her name on its bestselling bag.
Hermès Holds Talks With Actress Jane Birkin Following Complaint
Hermès said it’s talking to Jane Birkin to allay her concerns about crocodile slaughter practices after the actress demanded the leather-goods maker stop using her name on its bestselling bag.
Financial Markets
Slump at Coach and Michael Kors to Continue, Analysts Say
Shares of Coach Inc. and Michael Kors Holdings Ltd. took a hit on Monday after analysts warned that slumping sales will probably continue.
Slump at Coach and Michael Kors to Continue, Analysts Say
Shares of Coach Inc. and Michael Kors Holdings Ltd. took a hit on Monday after analysts warned that slumping sales will probably continue.
News & Analysis
Jane Birkin Asks Hermès to Remove Her Name from Bag
Jane Birkin has asked Hermès to remove her name from one of the luxury goods maker's best-selling bags due to what she called "cruelusli" crocodile farming and slaughtering practices.
Jane Birkin Asks Hermès to Remove Her Name from Bag
Jane Birkin has asked Hermès to remove her name from one of the luxury goods maker's best-selling bags due to what she called "cruelusli" crocodile farming and slaughtering practices.
News & Analysis
Anya Hindmarch’s Luxury Sticker Success
How Anya Hindmarch created a line of luxury leather stickers that has generated over $18 million in only two seasons.
Anya Hindmarch’s Luxury Sticker Success
How Anya Hindmarch created a line of luxury leather stickers that has generated over $18 million in only two seasons.
News & Analysis
Nathalie Trad’s Geometric Signature
For this month’s Spotlight, accessories designer Nathalie Trad talks to BoF about the unconventional design process behind her distinctive minaudières.
Nathalie Trad’s Geometric Signature
For this month’s Spotlight, accessories designer Nathalie Trad talks to BoF about the unconventional design process behind her distinctive minaudières.
News & Analysis
Pedder Group, Kurt Geiger Tapping Asia Footwear Growth
Incumbents and new entrants alike are seizing the opportunity in Asia’s growing footwear market.
Pedder Group, Kurt Geiger Tapping Asia Footwear Growth
Incumbents and new entrants alike are seizing the opportunity in Asia’s growing footwear market.
News & Analysis
Can Stationery Brands Smythson, Montblanc and Moleskine Write a New Fashion Chapter?
Luxury stationery brands, eager to position themselves as more than pen and notepad manufacturers, have expanded into fashion accessories. Are they brand-building or driving real business?
Can Stationery Brands Smythson, Montblanc and Moleskine Write a New Fashion Chapter?
Luxury stationery brands, eager to position themselves as more than pen and notepad manufacturers, have expanded into fashion accessories. Are they brand-building or driving real business?
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.