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.
activewear
News & Analysis
The Next Wave of Activewear Players
Several new activewear brands are gearing up to compete with Nike, Lululemon and Under Armour.
The Next Wave of Activewear Players
Several new activewear brands are gearing up to compete with Nike, Lululemon and Under Armour.
Global Markets
Rich Chinese Splurge on Sportswear as Luxury's Lustre Dims
GPS sport watches, compression leggings and hydration packs are the new must-haves for wealthy Chinese, pumping up the multi-billion dollar sportswear industry at a time when China's elite are reining in spending on more traditional luxury brands.
Rich Chinese Splurge on Sportswear as Luxury's Lustre Dims
GPS sport watches, compression leggings and hydration packs are the new must-haves for wealthy Chinese, pumping up the multi-billion dollar sportswear industry at a time when China's elite are reining in spending on more traditional luxury brands.
Fashion Week
Sportswear Is Officially Too Popular for Haute Couture to Ignore
Slowly, sporty garments crept onto men's and women's ready-to-wear runway shows, a trend powerful enough to go upstream rather than trickle down.
Sportswear Is Officially Too Popular for Haute Couture to Ignore
Slowly, sporty garments crept onto men's and women's ready-to-wear runway shows, a trend powerful enough to go upstream rather than trickle down.
Financial Markets
The Rise, Stumble and Future of Lululemon
How will the activewear brand that helped create the market rise above a consumer backlash sparked by a defective product, an avalanche of new competitors and an estranged, yet influential founder? BoF speaks to chief executive Laurent Potdevin.
The Rise, Stumble and Future of Lululemon
How will the activewear brand that helped create the market rise above a consumer backlash sparked by a defective product, an avalanche of new competitors and an estranged, yet influential founder? BoF speaks to chief executive Laurent Potdevin.
News & Analysis
Lululemon Founder Says He Considered Acquiring Under Armour
Lululemon Athletica Inc. founder Chip Wilson, who split from the company over strategy disagreements, said he once considered acquiring Under Armour Inc., a deal that would have combined two of the biggest brands in athletic apparel.
Lululemon Founder Says He Considered Acquiring Under Armour
Lululemon Athletica Inc. founder Chip Wilson, who split from the company over strategy disagreements, said he once considered acquiring Under Armour Inc., a deal that would have combined two of the biggest brands in athletic apparel.
Financial Markets
Can This Little Label Ever Play in Lululemon's League?
The latest indie brand to attract investor attention is Outdoor Voices, which announced today that it’s raising $7 million in venture funding in a round led by General Catalyst.
Can This Little Label Ever Play in Lululemon's League?
The latest indie brand to attract investor attention is Outdoor Voices, which announced today that it’s raising $7 million in venture funding in a round led by General Catalyst.
Retail
Inside the Fitness Boutique That Sells $300 Yoga Pants
While there are some high-end online activewear shops, such as Carbon 38 and Net-a-Sporter, few have dared to venture into the world of boutiques.
Inside the Fitness Boutique That Sells $300 Yoga Pants
While there are some high-end online activewear shops, such as Carbon 38 and Net-a-Sporter, few have dared to venture into the world of boutiques.
News & Analysis
What Tory Burch Did Next
The designer serves up her strategy behind the much anticipated activewear label, Tory Sport.
What Tory Burch Did Next
The designer serves up her strategy behind the much anticipated activewear label, Tory Sport.
News & Analysis
Lululemon Recalls Drawstrings From Hoodies After They Lash Faces
Lululemon Athletica Inc. is recalling the drawstrings used in about 318,000 women’s hoodies and other tops after consumers reported injuries to their eyes and faces.
Lululemon Recalls Drawstrings From Hoodies After They Lash Faces
Lululemon Athletica Inc. is recalling the drawstrings used in about 318,000 women’s hoodies and other tops after consumers reported injuries to their eyes and faces.
News & Analysis
$400 Yoga Pants Are Just the Beginning
Feeding off the rise of workout gear that can be worn in or out of the gym, activewear labels have become status symbols, much like any other pricey designer clothes.
$400 Yoga Pants Are Just the Beginning
Feeding off the rise of workout gear that can be worn in or out of the gym, activewear labels have become status symbols, much like any other pricey designer clothes.
Global Markets
Yoga Wars: Start-up Yogasmoga Shakes Up Activewear Market
In a little more than two years, Yogasmoga has made a case for itself as Lululemon 2.0. The company shares many attributes with the latest crop of nascent e-commerce darlings: a slick and colour-saturated web store, high-end US manufacturing, and opulent products with price points in the sweet spot between the Gap and Prada.
Yoga Wars: Start-up Yogasmoga Shakes Up Activewear Market
In a little more than two years, Yogasmoga has made a case for itself as Lululemon 2.0. The company shares many attributes with the latest crop of nascent e-commerce darlings: a slick and colour-saturated web store, high-end US manufacturing, and opulent products with price points in the sweet spot between the Gap and Prada.
News & Analysis
Old Navy Hopes Athletic Clothes Will Be Its Next Big Thing
Like its other offerings, Old Navy's going for mass appeal with its performance items, instead of the exclusivity of Lululemon or the hard-core athletic appeal of Under Armour.
Old Navy Hopes Athletic Clothes Will Be Its Next Big Thing
Like its other offerings, Old Navy's going for mass appeal with its performance items, instead of the exclusivity of Lululemon or the hard-core athletic appeal of Under Armour.
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.