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
No Wonder We Aren't Buying Clothes – We Don't Need Anything New
"Retail spending after the Brexit vote dipped but has rallied in recent weeks. Consumers are parting with their cash again – but not on stuff to
No Wonder We Aren't Buying Clothes – We Don't Need Anything New
"Retail spending after the Brexit vote dipped but has rallied in recent weeks. Consumers are parting with their cash again – but not on stuff to
News & Analysis
As Brexit Looms, Prime Minister Theresa May Looks to the Future of British Fashion
In her address to the British fashion industry last night, Prime Minister Theresa May never directly addressed Brexit. Here, leading figures share their thoughts on the UK's looming split from the EU.
As Brexit Looms, Prime Minister Theresa May Looks to the Future of British Fashion
In her address to the British fashion industry last night, Prime Minister Theresa May never directly addressed Brexit. Here, leading figures share their thoughts on the UK's looming split from the EU.
Global Markets
Luxury's Brexit Bloodbath
The selling tsunami which immediately followed Brexit has left the Savigny Luxury index lost at sea this month.
Luxury's Brexit Bloodbath
The selling tsunami which immediately followed Brexit has left the Savigny Luxury index lost at sea this month.
News & Analysis
UK Fashion Could Lose Millions in EU Funding
Post-Brexit, UK fashion businesses, universities and organisations like the British Fashion Council could lose access to hundreds of millions of euros in EU funding.
UK Fashion Could Lose Millions in EU Funding
Post-Brexit, UK fashion businesses, universities and organisations like the British Fashion Council could lose access to hundreds of millions of euros in EU funding.
News & Analysis
In the Wake of 'Brexit' Vote, Fashion Goes On
The long-term effect of last week's 'Brexit' vote will take years to reveal itself, but the shows go on with a jam-packed Paris haute couture week.
In the Wake of 'Brexit' Vote, Fashion Goes On
The long-term effect of last week's 'Brexit' vote will take years to reveal itself, but the shows go on with a jam-packed Paris haute couture week.
News & Analysis
Karl Lagerfeld Calls Brexit Vote a 'Moment of Madness'
Britain's decision to leave the European Union has unleashing market turmoil and untold damage to the global fashion industry. Industry figures speak out.
Karl Lagerfeld Calls Brexit Vote a 'Moment of Madness'
Britain's decision to leave the European Union has unleashing market turmoil and untold damage to the global fashion industry. Industry figures speak out.
China
The China Edit | Asian Brands Go West, Brexit Worries, Hong Kong Sales
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Asian Brands Go West, Brexit Worries, Hong Kong Sales
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Fashion Week
Brexit, Not the Clothes, Are the Talk of Paris Fashion Week
The British vote to leave the European Union and not the clothes were the talk of the front row crowd at menswear shows in Paris on Friday.
Brexit, Not the Clothes, Are the Talk of Paris Fashion Week
The British vote to leave the European Union and not the clothes were the talk of the front row crowd at menswear shows in Paris on Friday.
News & Analysis
Avon Will Go Ahead With Move to UK Despite Brexit Vote
Avon Products said Britain’s vote to leave the European Union won’t change management’s plan to move its headquarters to the UK.
Avon Will Go Ahead With Move to UK Despite Brexit Vote
Avon Products said Britain’s vote to leave the European Union won’t change management’s plan to move its headquarters to the UK.
Technology
Doom, Gloom and Unease: London's Tech Scene Reacts to Brexit
With the break from the EU, many in the tech sector were left questioning whether the city can fulfil its promise of becoming a global technology hub.
Doom, Gloom and Unease: London's Tech Scene Reacts to Brexit
With the break from the EU, many in the tech sector were left questioning whether the city can fulfil its promise of becoming a global technology hub.
News & Analysis
The Day Great Britain Became Little England
The vote to exit the EU wasn’t really about the EU, it was a protest vote of people who were left behind, argues Imran Amed.
The Day Great Britain Became Little England
The vote to exit the EU wasn’t really about the EU, it was a protest vote of people who were left behind, argues Imran Amed.
News & Analysis
Britain Votes to Exit EU, Pound Plunges and Cameron to Step Down
Britain has voted to exit the 28-nation bloc, unleashing market turmoil, political uncertainty and untold damage to the global fashion industry.
Britain Votes to Exit EU, Pound Plunges and Cameron to Step Down
Britain has voted to exit the 28-nation bloc, unleashing market turmoil, political uncertainty and untold damage to the global fashion industry.
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.