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.
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Luxury
LVMH Buys Rosé Wine Producer Chateau du Galoupet
Rising demand for rosé has seen the French luxury conglomerate buy an estate whose bottles still retail for less than $15.
LVMH Buys Rosé Wine Producer Chateau du Galoupet
Rising demand for rosé has seen the French luxury conglomerate buy an estate whose bottles still retail for less than $15.
Financial Markets
Time for Fashion to Pay Attention to Trump's Trade War
This week, everyone will be talking about escalating tariffs on Chinese-made apparel and footwear, Carine Roitfeld's charity gala at Cannes and department store earnings. Read our BoF Professional Cheat Sheet.
Time for Fashion to Pay Attention to Trump's Trade War
This week, everyone will be talking about escalating tariffs on Chinese-made apparel and footwear, Carine Roitfeld's charity gala at Cannes and department store earnings. Read our BoF Professional Cheat Sheet.
Technology
LVMH Touts Blockchain, Artificial Intelligence at VivaTechnology
Now a major player at the annual French conference, the luxury conglomerate wants to be seen as a technology leader.
LVMH Touts Blockchain, Artificial Intelligence at VivaTechnology
Now a major player at the annual French conference, the luxury conglomerate wants to be seen as a technology leader.
News & Analysis
Apple's Former Retail Chief Angela Ahrendts Joins Airbnb Board
The former Burberry and Apple executive's appointment comes at a time when the the start-up is pushing for more luxury home listings.
Apple's Former Retail Chief Angela Ahrendts Joins Airbnb Board
The former Burberry and Apple executive's appointment comes at a time when the the start-up is pushing for more luxury home listings.
Financial Markets
Burberry Profit Steady Awaiting New Collections in Stores
The British fashion house expects revenue growth after positive feedback on products by Riccardo Tisci.
Burberry Profit Steady Awaiting New Collections in Stores
The British fashion house expects revenue growth after positive feedback on products by Riccardo Tisci.
Luxury
Can Carine Roitfeld Become a Brand?
As the ex-Vogue editor looks ahead to her legacy, her secret weapon is her son and heir apparent Vladimir Restoin Roitfeld.
Can Carine Roitfeld Become a Brand?
As the ex-Vogue editor looks ahead to her legacy, her secret weapon is her son and heir apparent Vladimir Restoin Roitfeld.
Sustainability
Stella McCartney and Google Have a Plan to Fix Fashion’s Environmental Data Gap
The tech giant and eco-luxury brand plan to track the environmental impact of cotton and viscose, two of the most commonly used fibres in clothing. Their goal: create a tool that can quantify even the most obscure links in the fashion supply chain
Stella McCartney and Google Have a Plan to Fix Fashion’s Environmental Data Gap
The tech giant and eco-luxury brand plan to track the environmental impact of cotton and viscose, two of the most commonly used fibres in clothing. Their goal: create a tool that can quantify even the most obscure links in the fashion supply chain
Sustainability
In Search of a Business Case for Sustainability
Sustainable operating practices can generate sustainable profit, but the upfront investment required is a barrier to progress. As fashion insiders descend on Copenhagen for the industry’s annual sustainability gathering, BoF investigates.
In Search of a Business Case for Sustainability
Sustainable operating practices can generate sustainable profit, but the upfront investment required is a barrier to progress. As fashion insiders descend on Copenhagen for the industry’s annual sustainability gathering, BoF investigates.
Sustainability
Sustainability to Become 'Requirement of Doing Business' Says PVH Chief
Emanuel Chirico spoke exclusively to BoF as the Tommy Hilfiger and Calvin Klein owner outlined a suite of ambitious new social and environmental targets.
Sustainability to Become 'Requirement of Doing Business' Says PVH Chief
Emanuel Chirico spoke exclusively to BoF as the Tommy Hilfiger and Calvin Klein owner outlined a suite of ambitious new social and environmental targets.
Fashion Week
How Designers Will Be Affected By a Shortened New York Fashion Week
Tom Ford’s first act as CFDA chairman addresses longstanding calls for a shorter fashion week. The goal is to attract more international buyers and editors, and reverse an exodus of prominent designers.
How Designers Will Be Affected By a Shortened New York Fashion Week
Tom Ford’s first act as CFDA chairman addresses longstanding calls for a shorter fashion week. The goal is to attract more international buyers and editors, and reverse an exodus of prominent designers.
Financial Markets
Kering to Pay €1.25 Billion Tax Settlement
The settlement with the Italian revenue agency relating to Gucci and Swiss subsidiary Luxury Goods International SA requires the French group to pay €897 million in additional taxes, along with further payment for penalties and interest, for a total of €1.25 billion.
Kering to Pay €1.25 Billion Tax Settlement
The settlement with the Italian revenue agency relating to Gucci and Swiss subsidiary Luxury Goods International SA requires the French group to pay €897 million in additional taxes, along with further payment for penalties and interest, for a total of €1.25 billion.
Luxury
Kering’s Shopping List Should Include These Brands
To continue to create shareholder value, the French luxury group may need to make at least one major acquisition.
Kering’s Shopping List Should Include These Brands
To continue to create shareholder value, the French luxury group may need to make at least one major acquisition.
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.