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.
ai
Latest News & Analysis
Technology
BoF LIVE: The Future of Virtual Fashion
A panel of experts join BoF to discuss how fashion fits into the nuanced worlds of NFTs, the metaverse, crypto and gaming.
BoF LIVE: The Future of Virtual Fashion
A panel of experts join BoF to discuss how fashion fits into the nuanced worlds of NFTs, the metaverse, crypto and gaming.
Technology
The Technology Turning New Shoppers Into Loyal Customers
Abundant data and advanced analytics are helping brands create new models of their customers’ lifetime value. The aim is to gain better insight into which shoppers are worth investing in.
The Technology Turning New Shoppers Into Loyal Customers
Abundant data and advanced analytics are helping brands create new models of their customers’ lifetime value. The aim is to gain better insight into which shoppers are worth investing in.
Financial Markets
Is Luxury Finally Embracing Technology?
Last month’s tie-up between LVMH and Google signals a growing rethink on how technology can enhance the luxury experience, writes Pierre Mallevays.
Is Luxury Finally Embracing Technology?
Last month’s tie-up between LVMH and Google signals a growing rethink on how technology can enhance the luxury experience, writes Pierre Mallevays.
Technology
Investors Bet Big on Shopping App From Stitch Fix Alum
Julie Bornstein's mysterious new e-commerce platform wants to connect consumers with a personalised offering of brands. Will she succeed where others have failed?
Investors Bet Big on Shopping App From Stitch Fix Alum
Julie Bornstein's mysterious new e-commerce platform wants to connect consumers with a personalised offering of brands. Will she succeed where others have failed?
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Retail
EBay CEO Steps Down Amid Ongoing Operating Review
Devin Wenig took over in 2015 and made bold promises of returning the marketplace to prominence, but the results have been slow going.
EBay CEO Steps Down Amid Ongoing Operating Review
Devin Wenig took over in 2015 and made bold promises of returning the marketplace to prominence, but the results have been slow going.
Technology
The BoF Podcast: Angel Investor Ian Hogarth on the Emerging Geopolitics of AI
The race to develop artificial intelligence will define geopolitics in the coming decades, much as oil and nuclear weapons defined the 20th century.
The BoF Podcast: Angel Investor Ian Hogarth on the Emerging Geopolitics of AI
The race to develop artificial intelligence will define geopolitics in the coming decades, much as oil and nuclear weapons defined the 20th century.
Technology
The BoF Podcast: Christopher Wylie and Arti Zeighami: ‘Data Doesn’t Have to Be Evil’
The Cambridge Analytica whistleblower discussed the way H&M can use artificial intelligence to curb waste production and his new role at the fast-fashion giant.
The BoF Podcast: Christopher Wylie and Arti Zeighami: ‘Data Doesn’t Have to Be Evil’
The Cambridge Analytica whistleblower discussed the way H&M can use artificial intelligence to curb waste production and his new role at the fast-fashion giant.
Technology
Christopher Wylie Has Joined H&M to Harness AI for Sustainability
At BoF's VOICES, the Cambridge Analytica whistleblower discussed the way H&M can use artificial intelligence to curb waste production and revealed his new role with the fast-fashion giant.
Christopher Wylie Has Joined H&M to Harness AI for Sustainability
At BoF's VOICES, the Cambridge Analytica whistleblower discussed the way H&M can use artificial intelligence to curb waste production and revealed his new role with the fast-fashion giant.
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Technology
Social Robots Are Now: Samer Al Moubayed
Introducing Furhat, a social robot that can communicate with humans by speaking, making eye contact, showing emotions — and, if needed, transforming into a dog.
Social Robots Are Now: Samer Al Moubayed
Introducing Furhat, a social robot that can communicate with humans by speaking, making eye contact, showing emotions — and, if needed, transforming into a dog.
Technology
Bits & Bytes | Amazon Launches Storefronts, the Rise of CGI Models
This week, Amazon launches a platform for small and medium-sized businesses, while virtual influencers challenge the status quo of the modelling industry.
Bits & Bytes | Amazon Launches Storefronts, the Rise of CGI Models
This week, Amazon launches a platform for small and medium-sized businesses, while virtual influencers challenge the status quo of the modelling industry.
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.