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.
apparel
News & Analysis
Under Armour Sales Top Expectations
North American sales grew for the first time in a year, helping drive revenue at the athleticwear maker that topped analysts’ estimates and sending shares up by 7.4 percent.
Under Armour Sales Top Expectations
North American sales grew for the first time in a year, helping drive revenue at the athleticwear maker that topped analysts’ estimates and sending shares up by 7.4 percent.
News & Analysis
Inside the Fashion Nova Hype Machine
Fashion Nova is defying a slump in fast-fashion by releasing hundreds of new looks every week and harnessing an army of Instagram influencers. BoF goes inside the #NovaBabe machine.
Inside the Fashion Nova Hype Machine
Fashion Nova is defying a slump in fast-fashion by releasing hundreds of new looks every week and harnessing an army of Instagram influencers. BoF goes inside the #NovaBabe machine.
Financial Markets
Handbags, Apparel Hit as Trump Tariffs Target Consumers
The new list of products subject to duties has been expanded to target categories such as sporting goods and apparel items.
Handbags, Apparel Hit as Trump Tariffs Target Consumers
The new list of products subject to duties has been expanded to target categories such as sporting goods and apparel items.
News & Analysis
Top Japan Fashion Site Bets Big on Custom-Fit Fast Fashion
Japan’s largest e-commerce company Start Today unveiled a made-to-fit private label — meant to be sold to customers using a body-scanning suit and app — for youth-brand Zozotown, launching in the US at the end of July.
Top Japan Fashion Site Bets Big on Custom-Fit Fast Fashion
Japan’s largest e-commerce company Start Today unveiled a made-to-fit private label — meant to be sold to customers using a body-scanning suit and app — for youth-brand Zozotown, launching in the US at the end of July.
News & Analysis
Frame Wants to Be the Next Calvin Klein
Jens Grede and Erik Torstensson have grown their former side project into a $100 million business. Can the duo behind so many other blockbuster brands turn their own label into a global player?
Frame Wants to Be the Next Calvin Klein
Jens Grede and Erik Torstensson have grown their former side project into a $100 million business. Can the duo behind so many other blockbuster brands turn their own label into a global player?
China
China to Slash Import Tariffs on Consumer Goods From July 1
Import tariffs for apparel, footwear and cosmetics will be more than halved.
China to Slash Import Tariffs on Consumer Goods From July 1
Import tariffs for apparel, footwear and cosmetics will be more than halved.
News & Analysis
Fast Retailing to Debut Uniqlo Store in India
The retailer's entry will follow Zara and H&M in an apparel market that’s forecast to grow 29 percent to $56 billion by 2021.
Fast Retailing to Debut Uniqlo Store in India
The retailer's entry will follow Zara and H&M in an apparel market that’s forecast to grow 29 percent to $56 billion by 2021.
China
Esprit to Close Loss-Making Operations in Australia and New Zealand
The fashion group will focus on concentrating resources in developing Asian markets in China, Hong Kong, Taiwan, Singapore and Malaysia.
Esprit to Close Loss-Making Operations in Australia and New Zealand
The fashion group will focus on concentrating resources in developing Asian markets in China, Hong Kong, Taiwan, Singapore and Malaysia.
News & Analysis
Ivanka Trump Expands E-Commerce
While the brand still has numerous retail partners, from mass-market staples to fancy department stores, the direct-to-consumer sales of apparel expand the website’s offering — which already included handbags and jewelry.
Ivanka Trump Expands E-Commerce
While the brand still has numerous retail partners, from mass-market staples to fancy department stores, the direct-to-consumer sales of apparel expand the website’s offering — which already included handbags and jewelry.
Retail
Band of Outsiders Founder Launches New Venture
With Entireworld, Scott Sternberg aims to unite the commercial savvy of a direct-to-consumer business model with the emotion of a designer-led brand.
Band of Outsiders Founder Launches New Venture
With Entireworld, Scott Sternberg aims to unite the commercial savvy of a direct-to-consumer business model with the emotion of a designer-led brand.
Financial Markets
What Trump’s Trade War Means for Fashion
As fears of a trade war begin to ebb, the tension felt by supply chain leaders appears to be lifting. But given president Trump’s characteristic unpredictability, the fashion industry is not out of the woods yet.
What Trump’s Trade War Means for Fashion
As fears of a trade war begin to ebb, the tension felt by supply chain leaders appears to be lifting. But given president Trump’s characteristic unpredictability, the fashion industry is not out of the woods yet.
Luxury
Cult Sneaker Label Filling Pieces Launches Ready-to-Wear
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
Cult Sneaker Label Filling Pieces Launches Ready-to-Wear
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
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.