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.
bof500-2013
Luxury
Loewe Bets on Ready-to-Wear with New London Store
The LVMH-owned Spanish heritage house is opening a new London flagship to make room for growth under Jonathan Anderson.
Loewe Bets on Ready-to-Wear with New London Store
The LVMH-owned Spanish heritage house is opening a new London flagship to make room for growth under Jonathan Anderson.
News & Analysis
Karl Lagerfeld-Designed Apartments Aimed at Taiwan's Ultra-Wealthy
A Taipei-based developer is hoping the late Chanel creative director will give them an edge over competitors, appealing to an ageing generation of multimillionaire business owners.
Karl Lagerfeld-Designed Apartments Aimed at Taiwan's Ultra-Wealthy
A Taipei-based developer is hoping the late Chanel creative director will give them an edge over competitors, appealing to an ageing generation of multimillionaire business owners.
News & Analysis
Royal Photographer Calls on Creatives to Ban Fur, Feathers and Exotic Skins
Inez and Vinoodh, Diane Von Furstenberg and Tonne Goodman are among the creatives that have committed to Alexi Lubomirski’s new Creatives4Change initiative.
Royal Photographer Calls on Creatives to Ban Fur, Feathers and Exotic Skins
Inez and Vinoodh, Diane Von Furstenberg and Tonne Goodman are among the creatives that have committed to Alexi Lubomirski’s new Creatives4Change initiative.
Retail
The 5 Most Important Things a Brand Must Do When Building a Direct-to-Consumer Business
Labels that used to be available only at the local mall are changing their distribution models in order to build a direct, and hopefully more profitable, relationship with the consumer. But it's a tricky move to pull off.
The 5 Most Important Things a Brand Must Do When Building a Direct-to-Consumer Business
Labels that used to be available only at the local mall are changing their distribution models in order to build a direct, and hopefully more profitable, relationship with the consumer. But it's a tricky move to pull off.
Luxury
Bernard Arnault Talks Hedi Slimane, Rihanna and Karl Lagerfeld at LVMH’s Annual Shareholder Meeting
The group’s chairman and chief executive also addressed criticism around his Notre-Dame donation, and concerns from animal rights activists about LVMH’s use of exotic skins.
Bernard Arnault Talks Hedi Slimane, Rihanna and Karl Lagerfeld at LVMH’s Annual Shareholder Meeting
The group’s chairman and chief executive also addressed criticism around his Notre-Dame donation, and concerns from animal rights activists about LVMH’s use of exotic skins.
News & Analysis
Fashion Investor Miroslava Duma Named in Mueller Report
"Duma is referred to as 'a contact of Ivanka Trump's from the fashion industry.'"
Fashion Investor Miroslava Duma Named in Mueller Report
"Duma is referred to as 'a contact of Ivanka Trump's from the fashion industry.'"
Luxury
LVMH and Arnault Will Not Get Tax Breaks From Notre-Dame Donations
The outpouring of donations following the fire on Monday has prompted questions from charities, politicians and commentators about benefits from tax deductions.
LVMH and Arnault Will Not Get Tax Breaks From Notre-Dame Donations
The outpouring of donations following the fire on Monday has prompted questions from charities, politicians and commentators about benefits from tax deductions.
News & Analysis
Pinault, Arnault Families Pledge €300 Million to Rebuild Notre-Dame
Funding for the reconstruction of Notre-Dame is piling up at a spectacular rate, with two of France's richest families, which control luxury groups LVMH and Kering, pledging €200 million and €100 million, respectively.
Pinault, Arnault Families Pledge €300 Million to Rebuild Notre-Dame
Funding for the reconstruction of Notre-Dame is piling up at a spectacular rate, with two of France's richest families, which control luxury groups LVMH and Kering, pledging €200 million and €100 million, respectively.
Workplace & Talent
10 Tips to Starting a Career in Sustainability
Stella McCartney’s worldwide sustainability and innovation director, Claire Bergkamp, shares her insight on how best to start a career in fashion's growing sustainability sector.
10 Tips to Starting a Career in Sustainability
Stella McCartney’s worldwide sustainability and innovation director, Claire Bergkamp, shares her insight on how best to start a career in fashion's growing sustainability sector.
News & Analysis
Anna Wintour on Meghan Markle, the 2020 Election and Condé Nast’s New Global CEO
The Condé Nast artistic director and Vogue editor-in-chief spoke with Tina Brown at the Women in the World Summit about the future of the publisher, American politics and her thoughts on the Duchess of Sussex’s style.
Anna Wintour on Meghan Markle, the 2020 Election and Condé Nast’s New Global CEO
The Condé Nast artistic director and Vogue editor-in-chief spoke with Tina Brown at the Women in the World Summit about the future of the publisher, American politics and her thoughts on the Duchess of Sussex’s style.
China
The BoF Podcast: LVMH’s Andrew Wu on How to Connect With the Chinese Consumer
Imran Amed sits down with LVMH's group president of Greater China at BoF's China Summit to discuss how fashion entrepreneurs can better understand the Chinese consumer.
The BoF Podcast: LVMH’s Andrew Wu on How to Connect With the Chinese Consumer
Imran Amed sits down with LVMH's group president of Greater China at BoF's China Summit to discuss how fashion entrepreneurs can better understand the Chinese consumer.
Marketing
Why Do Fashion Brands Still Advertise in Print?
Consumers spend only a tiny fraction of their daily media consumption time with print magazines, yet many fashion brands continue to spend disproportionately on print advertising. Amy Odell investigates.
Why Do Fashion Brands Still Advertise in Print?
Consumers spend only a tiny fraction of their daily media consumption time with print magazines, yet many fashion brands continue to spend disproportionately on print advertising. Amy Odell investigates.
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.