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.
brexit
Latest News & Analysis
Technology
Is Fashion Ready to Put Its Supply Chain on the Blockchain?
H&M and Kering are among the fashion players that have recently launched pilot programmes to trace their supply chains using blockchain technology.
Is Fashion Ready to Put Its Supply Chain on the Blockchain?
H&M and Kering are among the fashion players that have recently launched pilot programmes to trace their supply chains using blockchain technology.
Workplace & Talent
London’s Creatives Confront a New Era of Isolation
Brexit and Covid-19 have proved a double blow for the fashion capital. Some creatives are localising production, while others are looking outside the UK for solutions.
London’s Creatives Confront a New Era of Isolation
Brexit and Covid-19 have proved a double blow for the fashion capital. Some creatives are localising production, while others are looking outside the UK for solutions.
Retail
London Designers Face ‘Most Challenging’ Season Yet
As London Fashion Week kicks off, the UK’s chaotic exit from the European Union and painful policy shifts on retail are adding to the challenges created by the pandemic.
London Designers Face ‘Most Challenging’ Season Yet
As London Fashion Week kicks off, the UK’s chaotic exit from the European Union and painful policy shifts on retail are adding to the challenges created by the pandemic.
Retail
Black Friday and Fashion’s Cloudy Holiday Outlook
This week, everyone will be talking about the kickoff to the holiday shopping season, financial results from a trio of mall brands and the status of Brexit negotiations. Get your BoF Professional Cheat Sheet.
Black Friday and Fashion’s Cloudy Holiday Outlook
This week, everyone will be talking about the kickoff to the holiday shopping season, financial results from a trio of mall brands and the status of Brexit negotiations. Get your BoF Professional Cheat Sheet.
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Retail
Post-Brexit Trade Deal Could Increase Retail Prices
Negotiations on a new relationship between Britain and the EU will start next month.
Post-Brexit Trade Deal Could Increase Retail Prices
Negotiations on a new relationship between Britain and the EU will start next month.
Retail
UK Consumer Spending Shows Signs of Wariness
The average retail spending by Britain's shoppers is at its lowest since 1995.
UK Consumer Spending Shows Signs of Wariness
The average retail spending by Britain's shoppers is at its lowest since 1995.
Retail
UK Retailers See Biggest Sales Jump in Six Years
British shops experienced a 5.7 percent increase in sales last month, the biggest annual rise since January 2014.
UK Retailers See Biggest Sales Jump in Six Years
British shops experienced a 5.7 percent increase in sales last month, the biggest annual rise since January 2014.
Retail
British Retail Sales Drop for Fifth Month Running
Consumer demand in the UK is softening, despite low unemployment and modest inflation.
British Retail Sales Drop for Fifth Month Running
Consumer demand in the UK is softening, despite low unemployment and modest inflation.
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Financial Markets
The Year Ahead: Macroeconomic Headwinds Put Companies on High Alert
Continued caution is advised as mounting underlying turmoil could disrupt relations among both developed and emerging market economies.
The Year Ahead: Macroeconomic Headwinds Put Companies on High Alert
Continued caution is advised as mounting underlying turmoil could disrupt relations among both developed and emerging market economies.
Luxury
The BoF Podcast: 2019’s Pivotal Fashion Moments
This week on Inside Fashion, BoF’s Imran Amed and Tim Blanks discuss the key themes and events that defined the global fashion industry in 2019.
The BoF Podcast: 2019’s Pivotal Fashion Moments
This week on Inside Fashion, BoF’s Imran Amed and Tim Blanks discuss the key themes and events that defined the global fashion industry in 2019.
Sustainability
Is Fashion All Talk, No Action on Climate?
This week, everyone will be talking about fashion's role in fighting climate change, Colin Kaepernick's first sneaker for Nike and the UK general election. Get your BoF Professional Cheat Sheet.
Is Fashion All Talk, No Action on Climate?
This week, everyone will be talking about fashion's role in fighting climate change, Colin Kaepernick's first sneaker for Nike and the UK general election. Get your BoF Professional Cheat Sheet.
News & Analysis
EU Agrees to January 31 Brexit Extension
UK Prime Minister Boris Johnson, who had pledged to deliver Brexit on October 31, 2019, had to request a postponement after parliament down-voted his proposed timetable for ratifying his withdrawal agreement bill.
EU Agrees to January 31 Brexit Extension
UK Prime Minister Boris Johnson, who had pledged to deliver Brexit on October 31, 2019, had to request a postponement after parliament down-voted his proposed timetable for ratifying his withdrawal agreement bill.
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.