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
News & Analysis
Triggering Article 50: What Brexit Means for Fashion
Today, Britain pulls the trigger on Article 50, formally initiating its exit from the European Union. What are the implications for fashion?
Triggering Article 50: What Brexit Means for Fashion
Today, Britain pulls the trigger on Article 50, formally initiating its exit from the European Union. What are the implications for fashion?
Global Markets
The Dark Political Clouds That Could Threaten Luxury
Geopolitical risk is rising. Luca Solca outlines three ‘dark cloud’ scenarios that every luxury executive must heed.
The Dark Political Clouds That Could Threaten Luxury
Geopolitical risk is rising. Luca Solca outlines three ‘dark cloud’ scenarios that every luxury executive must heed.
Beauty
Beauty Chain Lush Plots Growth Abroad After Brexit Vote
A lack of clarity over the government’s approach to the Brexit negotiations is a key uncertainty for Lush.
Beauty Chain Lush Plots Growth Abroad After Brexit Vote
A lack of clarity over the government’s approach to the Brexit negotiations is a key uncertainty for Lush.
News & Analysis
British Fashion Industry Steels Itself for Brexit
At the London womenswear shows, Brexit looms large over the British fashion industry.
British Fashion Industry Steels Itself for Brexit
At the London womenswear shows, Brexit looms large over the British fashion industry.
China
The China Edit | Luxury Retailers' Hope for Chinese New Year, the False Brexit Boom
This week, luxury retailers' optimism for strong sales in the Year of the Rooster and why fewer Chinese tourists visited the United Kingdom after the referendum.
The China Edit | Luxury Retailers' Hope for Chinese New Year, the False Brexit Boom
This week, luxury retailers' optimism for strong sales in the Year of the Rooster and why fewer Chinese tourists visited the United Kingdom after the referendum.
Luxury
Brexit Effect Drives Tourist Spending in the UK
The sharp decline in the British pound has sparked an influx of Asian and American tourists looking for cheaper luxury goods.
Brexit Effect Drives Tourist Spending in the UK
The sharp decline in the British pound has sparked an influx of Asian and American tourists looking for cheaper luxury goods.
News & Analysis
Decoding Theresa May's Brexit Speech and What it Means for Fashion
British prime minister Theresa May delivered her plan for a ‘truly global Britain’ but the impact of Brexit on the fashion industry remains far from clear.
Decoding Theresa May's Brexit Speech and What it Means for Fashion
British prime minister Theresa May delivered her plan for a ‘truly global Britain’ but the impact of Brexit on the fashion industry remains far from clear.
News & Analysis
Populism and Protectionism in a Post-Trump, Post-Brexit World
BoF's chief commercial officer Nick Blunden moderates a panel featuring activist and think tank founder Maajid Nawaz, Professor Alexander Betts and economist Richard Davies.
Populism and Protectionism in a Post-Trump, Post-Brexit World
BoF's chief commercial officer Nick Blunden moderates a panel featuring activist and think tank founder Maajid Nawaz, Professor Alexander Betts and economist Richard Davies.
Fashion Week
Hope Trumps Fear at the London Men’s Shows
At the London men’s shows there was a new kind of Blitz spirit, as the looming spectre of Brexit prompted a creative call to arms from the city’s emerging designers.
Hope Trumps Fear at the London Men’s Shows
At the London men’s shows there was a new kind of Blitz spirit, as the looming spectre of Brexit prompted a creative call to arms from the city’s emerging designers.
News & Analysis
The Great British Break-Up: How Brexit Will Impact Fashion in 2017
After six months of uncertainty, BoF examines the challenges facing fashion as the UK government carves out a Brexit strategy.
The Great British Break-Up: How Brexit Will Impact Fashion in 2017
After six months of uncertainty, BoF examines the challenges facing fashion as the UK government carves out a Brexit strategy.
News & Analysis
Video | Alexander Betts: Making Sense of Brexit
Alexander Betts, Leopold Muller Professor in Refugee and Forced Migration Studies, Oxford University, on the knock-on effects of Brexit and what we can expect to happen next.
Video | Alexander Betts: Making Sense of Brexit
Alexander Betts, Leopold Muller Professor in Refugee and Forced Migration Studies, Oxford University, on the knock-on effects of Brexit and what we can expect to happen next.
News & Analysis
Maajid Nawaz on Terrorism: 'Fear Will Breed More Fear'
Through the lens of his own harrowing journey, Maajid Nawaz spoke about the rise of terrorism, populism and a post-Trump, post-Brexit world.
Maajid Nawaz on Terrorism: 'Fear Will Breed More Fear'
Through the lens of his own harrowing journey, Maajid Nawaz spoke about the rise of terrorism, populism and a post-Trump, post-Brexit world.
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.