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
Retail
Hudson's Bay's Chairman's Buyout Bid Pits Retail Versus Real Estate
Much of the retailer's value is locked up in its real estate. Were it to sell off some of its properties to raise cash, it could fetch more than what Executive Chairman Richard Baker offered, but would then be forced to pay rent to run some of its stores.
Hudson's Bay's Chairman's Buyout Bid Pits Retail Versus Real Estate
Much of the retailer's value is locked up in its real estate. Were it to sell off some of its properties to raise cash, it could fetch more than what Executive Chairman Richard Baker offered, but would then be forced to pay rent to run some of its stores.
Fashion Week
Another Way of Looking at the Real World at Loewe
Seeming randomness is an Anderson signature. But those wayward touches lead you to the mind — and the hand — behind the enterprise. There are no accidents.
Another Way of Looking at the Real World at Loewe
Seeming randomness is an Anderson signature. But those wayward touches lead you to the mind — and the hand — behind the enterprise. There are no accidents.
Fashion Week
Everything Is Possible in Thom Browne’s Secret Garden
Seriously sculptural and twistedly silly shapes can be quite some fun. The heavy play on the gender codes, however, is wearing a little thin.
Everything Is Possible in Thom Browne’s Secret Garden
Seriously sculptural and twistedly silly shapes can be quite some fun. The heavy play on the gender codes, however, is wearing a little thin.
Fashion Week
Visual Overload at Dries Van Noten
In embracing an icon like Rainer Werner Fassbinder, Van Noten could be signalling his need to destroy the cage he thinks the world has made for him — making for an enthralling collection.
Visual Overload at Dries Van Noten
In embracing an icon like Rainer Werner Fassbinder, Van Noten could be signalling his need to destroy the cage he thinks the world has made for him — making for an enthralling collection.
Fashion Week
The Other Side of Wickedness at Rick Owens
This was the designer's most direct men’s collection, but that diminished not a whit its power or appeal.
The Other Side of Wickedness at Rick Owens
This was the designer's most direct men’s collection, but that diminished not a whit its power or appeal.
Fashion Week
Kindred Spirits at Dior Men
The captivating presentation, a collaboration with artist Daniel Arsham, revealed one of Kim Jones' greatest assets: his ability to draw such rare, precious and beautiful associations into the industrialised world of ready-to-wear.
Kindred Spirits at Dior Men
The captivating presentation, a collaboration with artist Daniel Arsham, revealed one of Kim Jones' greatest assets: his ability to draw such rare, precious and beautiful associations into the industrialised world of ready-to-wear.
Luxury
Will Cavalli Be Able to Pull Off a Versace?
With a deal to buy the beleaguered Italian house imminent, it's unclear whether Roberto Cavalli can deliver a return in a rapidly changing fashion market.
Will Cavalli Be Able to Pull Off a Versace?
With a deal to buy the beleaguered Italian house imminent, it's unclear whether Roberto Cavalli can deliver a return in a rapidly changing fashion market.
Fashion Week
Yohji Yamamoto's Poetic Patina
Shots of vitaminic brights and painterly prints set the softly masculine tone of the whole endeavor.
Yohji Yamamoto's Poetic Patina
Shots of vitaminic brights and painterly prints set the softly masculine tone of the whole endeavor.
Fashion Week
Raf Simons Goes Home
There was a confidence — and a joy — in this collection which broadcast new beginnings, the resuscitation of idealism.
Raf Simons Goes Home
There was a confidence — and a joy — in this collection which broadcast new beginnings, the resuscitation of idealism.
Fashion Week
Acne’s School Ties
This was one of Acne's freshest collections in recent memory: a bit messy in the styling at some points but nonetheless focused and filled with meaningful, if not properly commercial, pieces.
Acne’s School Ties
This was one of Acne's freshest collections in recent memory: a bit messy in the styling at some points but nonetheless focused and filled with meaningful, if not properly commercial, pieces.
Financial Markets
Bernard Arnault Is Now Worth More Than $100 Billion
LVMH's chairman just joined Jeff Bezos and Bill Gates in the world’s most exclusive wealth club.
Bernard Arnault Is Now Worth More Than $100 Billion
LVMH's chairman just joined Jeff Bezos and Bill Gates in the world’s most exclusive wealth club.
Fashion Week
An Edgier Ami
There were perfectly desirable pieces in the show, but the more elaborate ones looked a bit weak, and sometimes even forced.
An Edgier Ami
There were perfectly desirable pieces in the show, but the more elaborate ones looked a bit weak, and sometimes even forced.
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.