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
Fashion Week
At Pitti, A Shot of Creativity Amidst the Stuff
Sterling Ruby was a standout at the Florentine event: the look was pragmatic but so punchy, so perfectly edited, so fashion forward that you immediately asked yourself how much Raf Simons was involved.
At Pitti, A Shot of Creativity Amidst the Stuff
Sterling Ruby was a standout at the Florentine event: the look was pragmatic but so punchy, so perfectly edited, so fashion forward that you immediately asked yourself how much Raf Simons was involved.
Retail
Philip Green’s Empire Hangs on Landlords’ Vote
Creditors to the billionaire's Arcadia Group will meet in London to vote on proposals to cut rents and close stores in order to ensure its survival.
Philip Green’s Empire Hangs on Landlords’ Vote
Creditors to the billionaire's Arcadia Group will meet in London to vote on proposals to cut rents and close stores in order to ensure its survival.
Financial Markets
Britain's Boohoo Bucks Subdued Retail Market With Stellar Sales
The online fashion retailer is seeing rapid expansion, with shares up 42 percent and revenue growth of 39 percent to £254.3m in its first fiscal first quarter.
Britain's Boohoo Bucks Subdued Retail Market With Stellar Sales
The online fashion retailer is seeing rapid expansion, with shares up 42 percent and revenue growth of 39 percent to £254.3m in its first fiscal first quarter.
News & Analysis
Can Going Private Save Hudson’s Bay Company?
Executive Chairman Richard Baker wants to take the owner of Saks Fifth Avenue and Lord & Taylor private. Public or private, the ailing department store operator will need to close stores and endure some short-term losses to survive, industry experts say.
Can Going Private Save Hudson’s Bay Company?
Executive Chairman Richard Baker wants to take the owner of Saks Fifth Avenue and Lord & Taylor private. Public or private, the ailing department store operator will need to close stores and endure some short-term losses to survive, industry experts say.
Fashion Week
Alexander McQueen’s Unhinged Seduction
Sarah Burton sought to offer a worthy male counterpart to the poetry of the womenswear collections.
Alexander McQueen’s Unhinged Seduction
Sarah Burton sought to offer a worthy male counterpart to the poetry of the womenswear collections.
Workplace & Talent
How I Became... A Beauty Consultant
The woman tapped by Pat McGrath and Glossier's Emily Weiss to develop their first beauty products, Alexis Page, shares advice for young talent and her unique career path in beauty.
How I Became... A Beauty Consultant
The woman tapped by Pat McGrath and Glossier's Emily Weiss to develop their first beauty products, Alexis Page, shares advice for young talent and her unique career path in beauty.
Fashion Week
Worthy Hybrids at Chalayan
Hussein Chalayan showed a collection of menswear that was as fresh, light and relaxed as the season it celebrated.
Worthy Hybrids at Chalayan
Hussein Chalayan showed a collection of menswear that was as fresh, light and relaxed as the season it celebrated.
Luxury
What Dior’s BTS Stage Looks Mean for Luxury
Dior’s latest marketing move leverages the influence of a Korean boy band with an unprecedented level of fame.
What Dior’s BTS Stage Looks Mean for Luxury
Dior’s latest marketing move leverages the influence of a Korean boy band with an unprecedented level of fame.
News & Analysis
Diesel and A-Cold-Wall to Collaborate on Denim Capsule Collection
The Italian brand is linking with streetwear wunderkind Samuel Ross for the fourth iteration of its Red Tag project.
Diesel and A-Cold-Wall to Collaborate on Denim Capsule Collection
The Italian brand is linking with streetwear wunderkind Samuel Ross for the fourth iteration of its Red Tag project.
News & Analysis
Louis Vuitton Sees Demand in Mainland China Picking up Steam
The luxury brand is seeing strong sales growth in China, with e-commerce accounting for 8 percent of the brand's sales.
Louis Vuitton Sees Demand in Mainland China Picking up Steam
The luxury brand is seeing strong sales growth in China, with e-commerce accounting for 8 percent of the brand's sales.
Retail
Six Things to Know About Selling Clothes in a Tough Market
Recently relaunched Alex Mill has enjoyed enough early success to open its first retail store ahead of schedule. But even with the backing of retail guru Mickey Drexler, startup life isn’t always easy.
Six Things to Know About Selling Clothes in a Tough Market
Recently relaunched Alex Mill has enjoyed enough early success to open its first retail store ahead of schedule. But even with the backing of retail guru Mickey Drexler, startup life isn’t always easy.
Retail
Philip Green Pledges More Cash to Arcadia's Pension Scheme
The total amount injected to Arcadia's pension fund during the next three years would increase to £385 million from £360 million, Sky News reported.
Philip Green Pledges More Cash to Arcadia's Pension Scheme
The total amount injected to Arcadia's pension fund during the next three years would increase to £385 million from £360 million, Sky News reported.
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.