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.
bof500-2014
Latest News & Analysis
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.
ADVERTISEMENT
Global Markets
Sabyasachi Mukherjee: King of India’s Bridal Market
The designer, whose bridal pieces are worn by India’s billionaire heiresses and Bollywood superstars, has built a luxury brand that’s set to generate $35 million in revenue in 2019. Now, he’s on a quest to tap the lucrative fine jewellery market and take his business global.
Sabyasachi Mukherjee: King of India’s Bridal Market
The designer, whose bridal pieces are worn by India’s billionaire heiresses and Bollywood superstars, has built a luxury brand that’s set to generate $35 million in revenue in 2019. Now, he’s on a quest to tap the lucrative fine jewellery market and take his business global.
News & Analysis
Carine Roitfeld Breaks Into Perfume
The collection of seven genderless fragrances, called ‘7 lovers,’ is now available on Net-a-Porter as well as her own website.
Carine Roitfeld Breaks Into Perfume
The collection of seven genderless fragrances, called ‘7 lovers,’ is now available on Net-a-Porter as well as her own website.
News & Analysis
'The Reality of Fashion Is Not What Students Expect,' says Anna dello Russo
BoF sits down the Anna dello Russo to discuss the mentorship culture she is building at Istituto Marangoni and her role as scientific director at its Milan campus.
'The Reality of Fashion Is Not What Students Expect,' says Anna dello Russo
BoF sits down the Anna dello Russo to discuss the mentorship culture she is building at Istituto Marangoni and her role as scientific director at its Milan campus.
News & Analysis
Op-Ed | To Democratise Camp Is to Kill It
The Metropolitan Museum of Art’s large-scale, Gucci-backed show on Camp may be pushing the inherently subcultural sensibility closer to extinction, argues Eugene Rabkin.
Op-Ed | To Democratise Camp Is to Kill It
The Metropolitan Museum of Art’s large-scale, Gucci-backed show on Camp may be pushing the inherently subcultural sensibility closer to extinction, argues Eugene Rabkin.
ADVERTISEMENT
News & Analysis
Power Moves | Selfridges' New Group Chair, Carolina Herrera Hires Global Marketing VP
This week, Alannah Weston succeeds her father as chairman of the Selfridges Group, while Jodie Chan joins Carolina Herrera as vice president of global marketing and communications.
Power Moves | Selfridges' New Group Chair, Carolina Herrera Hires Global Marketing VP
This week, Alannah Weston succeeds her father as chairman of the Selfridges Group, while Jodie Chan joins Carolina Herrera as vice president of global marketing and communications.
Luxury
Anya Hindmarch to Take Back Reins of Her Business
Following the sale of her company to the Marandi family, the entrepreneur is taking back the head business role after stepping down in 2011.
Anya Hindmarch to Take Back Reins of Her Business
Following the sale of her company to the Marandi family, the entrepreneur is taking back the head business role after stepping down in 2011.
News & Analysis
Fashion's Top Talents Discuss the Politics of Disruption at Frieze Academy
Dapper Dan, Kimberly Drew, Yoon Ahn and more discussed how to create sustainable change in the industry at Frieze Academy’s Art and Fashion Summit in partnership with The Business of Fashion.
Fashion's Top Talents Discuss the Politics of Disruption at Frieze Academy
Dapper Dan, Kimberly Drew, Yoon Ahn and more discussed how to create sustainable change in the industry at Frieze Academy’s Art and Fashion Summit in partnership with The Business of Fashion.
Luxury
Stefano Pilati’s Next Move
From his new base in Berlin, the former Yves Saint Laurent designer is breaking away from the traditional luxury model and building a fledgling fashion venture rooted in accessible pricing, digital sales and customer feedback. Can it scale?
Stefano Pilati’s Next Move
From his new base in Berlin, the former Yves Saint Laurent designer is breaking away from the traditional luxury model and building a fledgling fashion venture rooted in accessible pricing, digital sales and customer feedback. Can it scale?
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.