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.
business-growth
Financial Markets
The Rise, Stumble and Future of Lululemon
How will the activewear brand that helped create the market rise above a consumer backlash sparked by a defective product, an avalanche of new competitors and an estranged, yet influential founder? BoF speaks to chief executive Laurent Potdevin.
The Rise, Stumble and Future of Lululemon
How will the activewear brand that helped create the market rise above a consumer backlash sparked by a defective product, an avalanche of new competitors and an estranged, yet influential founder? BoF speaks to chief executive Laurent Potdevin.
Luxury
Op-Ed | Global Luxury: How to Win When You're Everywhere
In an era of global luxury, the right balance between exposure and scarcity is critical, argues Robert Burke.
Op-Ed | Global Luxury: How to Win When You're Everywhere
In an era of global luxury, the right balance between exposure and scarcity is critical, argues Robert Burke.
Financial Markets
How Yves Salomon Transformed Its Business with One Coat
Much in thanks to the success of its youthful, fashion-driven Army jacket, the furrier saw record sales in 2015.
How Yves Salomon Transformed Its Business with One Coat
Much in thanks to the success of its youthful, fashion-driven Army jacket, the furrier saw record sales in 2015.
Financial Markets
China Women’s Fashion Sites Said to Explore Possible Merger
China’s Meilishuo.com, a fashion retailer backed by Tencent Holdings Ltd., and rival Mogujie.com are discussing ways to cooperate that could include a merger, according to people familiar with the matter.
China Women’s Fashion Sites Said to Explore Possible Merger
China’s Meilishuo.com, a fashion retailer backed by Tencent Holdings Ltd., and rival Mogujie.com are discussing ways to cooperate that could include a merger, according to people familiar with the matter.
Financial Markets
Giambattista Valli: 'I’m the Only One Who Decides'
While the fashion world debates ‘designer burnout,’ Giambattista Valli has decided to create 12 collections a year in order to maintain his creative independence, not sacrifice it.
Giambattista Valli: 'I’m the Only One Who Decides'
While the fashion world debates ‘designer burnout,’ Giambattista Valli has decided to create 12 collections a year in order to maintain his creative independence, not sacrifice it.
Financial Markets
How Chanel's Maureen Chiquet Mentored Eddie Borgo
For five years, the New York-based jewellery designer has turned to Chanel's global chief executive for guidance on everything from choosing investors to launching handbags. Along the way, a genuine friendship was formed.
How Chanel's Maureen Chiquet Mentored Eddie Borgo
For five years, the New York-based jewellery designer has turned to Chanel's global chief executive for guidance on everything from choosing investors to launching handbags. Along the way, a genuine friendship was formed.
Financial Markets
Prada Should Be Prada
Prada is one of the best known and most loved fashion brands in the world. But its sales, profitability and share price have all taken a dive. Luca Solca asks, what can be done?
Prada Should Be Prada
Prada is one of the best known and most loved fashion brands in the world. But its sales, profitability and share price have all taken a dive. Luca Solca asks, what can be done?
Financial Markets
What's Next for Alexander Wang’s Democratic Empire?
Over the last ten years, Alexander Wang has built a fashion empire with a brand architecture that defies the conventions of traditional luxury strategy. What's his plan for the next decade of his own label?
What's Next for Alexander Wang’s Democratic Empire?
Over the last ten years, Alexander Wang has built a fashion empire with a brand architecture that defies the conventions of traditional luxury strategy. What's his plan for the next decade of his own label?
Beauty
Emily Weiss: Blogger to Social Brand Builder
Emily Weiss speaks to BoF about growing her independent beauty blog into a community-driven digital brand.
Emily Weiss: Blogger to Social Brand Builder
Emily Weiss speaks to BoF about growing her independent beauty blog into a community-driven digital brand.
Financial Markets
Seven Top Designers Share Their Best Business Advice
Young designers, from Alexander Wang to Christopher Kane, share the most important lesson that they learned from launching a fashion business.
Seven Top Designers Share Their Best Business Advice
Young designers, from Alexander Wang to Christopher Kane, share the most important lesson that they learned from launching a fashion business.
Global Markets
Bally Back on Growth Path, Says CEO
Bally, the long-struggling Swiss leather goods maker, is back in growth mode after years of stagnant sales, buoyed by more contemporary designs and solid demand from Japanese and US buyers, its chief executive said.
Bally Back on Growth Path, Says CEO
Bally, the long-struggling Swiss leather goods maker, is back in growth mode after years of stagnant sales, buoyed by more contemporary designs and solid demand from Japanese and US buyers, its chief executive said.
Retail
Ascena Quietly Built a Fashion Empire for Suburban America
Ascena Retail Group built a business on consumers often neglected by the upper reaches of the fashion industry. Now it’s one of the largest and most powerful women’s apparel retailers in America.
Ascena Quietly Built a Fashion Empire for Suburban America
Ascena Retail Group built a business on consumers often neglected by the upper reaches of the fashion industry. Now it’s one of the largest and most powerful women’s apparel retailers in America.
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.