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
Beauty
The New Rules of Beauty PR
Press releases, long lead times — and, according to some experts, editors — are so three years ago. Sarah Brown talks to top publicists about how to do business, build brands and make sales in today’s ever-changing beauty landscape.
The New Rules of Beauty PR
Press releases, long lead times — and, according to some experts, editors — are so three years ago. Sarah Brown talks to top publicists about how to do business, build brands and make sales in today’s ever-changing beauty landscape.
Fashion Week
Craig Green Keeps It Real
The language the designer has created for himself is sturdy in its substance and oddly delicate in its effect. Today he outdid himself.
Craig Green Keeps It Real
The language the designer has created for himself is sturdy in its substance and oddly delicate in its effect. Today he outdid himself.
Retail
The Year Ahead: End of Ownership
The lifespan of fashion products is being stretched as pre-owned, refurbished, repaired and rental business models continue to evolve.
The Year Ahead: End of Ownership
The lifespan of fashion products is being stretched as pre-owned, refurbished, repaired and rental business models continue to evolve.
Retail
Rent the Runway CEO on Underestimating the Fashion Rental Market
The chief executive of Rent the Runway reveals the reason why industry leaders keep underestimating the fashion rental market and why this market works for consumers who refuse to be ‘ripped off.’
Rent the Runway CEO on Underestimating the Fashion Rental Market
The chief executive of Rent the Runway reveals the reason why industry leaders keep underestimating the fashion rental market and why this market works for consumers who refuse to be ‘ripped off.’
News & Analysis
What Calvin Klein Should Do Next
PVH Corp. made a big bet that it could ‘do a Gucci’ with its flagship brand. But after the failure of its radical Raf Simons experiment, the company may need to rethink its strategy.
What Calvin Klein Should Do Next
PVH Corp. made a big bet that it could ‘do a Gucci’ with its flagship brand. But after the failure of its radical Raf Simons experiment, the company may need to rethink its strategy.
Luxury
Seizing the India Opportunity
The chief executive of the fashion division of Reliance Industries, India’s largest private sector conglomerate with consolidated turnover of $63 billion, talks about seizing opportunities in the fastest-growing major economy in the world.
Seizing the India Opportunity
The chief executive of the fashion division of Reliance Industries, India’s largest private sector conglomerate with consolidated turnover of $63 billion, talks about seizing opportunities in the fastest-growing major economy in the world.
Financial Markets
Hudson's Bay Chairman to Buy Stake Held by Ontario Pension Fund
Richard Baker's entity Rupert of the Rhine LLC will purchase about 18 million shares at C$9.45 each.
Hudson's Bay Chairman to Buy Stake Held by Ontario Pension Fund
Richard Baker's entity Rupert of the Rhine LLC will purchase about 18 million shares at C$9.45 each.
News & Analysis
Raf Simons and Calvin Klein: Behind the Breakup
The designer is exiting Calvin Klein less than two years after his debut. Last month, PVH chief Emanuel Chirico criticised the brand’s uneven financial performance and high-fashion skew.
Raf Simons and Calvin Klein: Behind the Breakup
The designer is exiting Calvin Klein less than two years after his debut. Last month, PVH chief Emanuel Chirico criticised the brand’s uneven financial performance and high-fashion skew.
Workplace & Talent
BoF FAQs: Chanel
From Gabrielle "Coco" Chanel's early years on the Rue Cambon, launching Chanel No.5 and the now iconic 2.55 handbag, to how the business operates today, BoF answers your questions on what is regarded as the world's most desirable luxury fashion brand.
BoF FAQs: Chanel
From Gabrielle "Coco" Chanel's early years on the Rue Cambon, launching Chanel No.5 and the now iconic 2.55 handbag, to how the business operates today, BoF answers your questions on what is regarded as the world's most desirable luxury fashion brand.
Media
Katie Grand’s Post-#MeToo Pivot
With a lingerie-clad Emily Ratajkowski slurping spaghetti no longer quite the easy, breezy image of female empowerment it was claimed to be, the editor and superstylist has ditched her sexed-up annual Advent Calendar for #movingLOVE, reports Tim Blanks.
Katie Grand’s Post-#MeToo Pivot
With a lingerie-clad Emily Ratajkowski slurping spaghetti no longer quite the easy, breezy image of female empowerment it was claimed to be, the editor and superstylist has ditched her sexed-up annual Advent Calendar for #movingLOVE, reports Tim Blanks.
News & Analysis
Farfetch’s First Major Post-IPO Move: What Does It Mean?
This week, Farfetch snapped up Stadium Goods in a push for scale and business model diversification. Could a major ‘re-commerce’ player be next?
Farfetch’s First Major Post-IPO Move: What Does It Mean?
This week, Farfetch snapped up Stadium Goods in a push for scale and business model diversification. Could a major ‘re-commerce’ player be next?
Luxury
LVMH to Buy Belmond Hotel Group for $2.6 Billion
The acquisition is one of Bernard Arnault’s biggest and comes as consumers shift spending toward trips, health clubs, restaurants and entertainment and interest in shopping malls dwindles.
LVMH to Buy Belmond Hotel Group for $2.6 Billion
The acquisition is one of Bernard Arnault’s biggest and comes as consumers shift spending toward trips, health clubs, restaurants and entertainment and interest in shopping malls dwindles.
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.