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.
chinese-new-year
Latest News & Analysis
China
Coronavirus Casts a Pall Over Chinese New Year
This week, everyone will be talking about the coronavirus outbreak in China, LVMH's fourth-quarter results and the latest beauty brand to expand in the UK. Get your BoF Professional Cheat Sheet.
Coronavirus Casts a Pall Over Chinese New Year
This week, everyone will be talking about the coronavirus outbreak in China, LVMH's fourth-quarter results and the latest beauty brand to expand in the UK. Get your BoF Professional Cheat Sheet.
China
Why Disney Merch Is Suddenly Big in China
Gucci, Adidas and Uniqlo are all playing it safe this Chinese New Year. Will their cutesy collaborations pay off during one of the biggest moments in the global shopping calendar?
Why Disney Merch Is Suddenly Big in China
Gucci, Adidas and Uniqlo are all playing it safe this Chinese New Year. Will their cutesy collaborations pay off during one of the biggest moments in the global shopping calendar?
China
China's Holiday Spending Slows Underlining Tough Start to 2019
Increasingly frugal Chinese consumers are sending chills through global investors, with the pullback in spending hitting the profits of companies such as Apple and Swatch Group.
China's Holiday Spending Slows Underlining Tough Start to 2019
Increasingly frugal Chinese consumers are sending chills through global investors, with the pullback in spending hitting the profits of companies such as Apple and Swatch Group.
China
Chinese New Year Gives the Pig a Luxury Makeover
The Spring Festival celebration gives luxury brands including Gucci and Longchamp a chance to deliver capsule collections and potentially bump revenues after the holiday period.
Chinese New Year Gives the Pig a Luxury Makeover
The Spring Festival celebration gives luxury brands including Gucci and Longchamp a chance to deliver capsule collections and potentially bump revenues after the holiday period.
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News & Analysis
How Serious Is Luxury’s China Crisis?
This week, China’s central bank announced a $83 billion injection into the country’s financial system as distress in the world's second-largest economy deepened.
How Serious Is Luxury’s China Crisis?
This week, China’s central bank announced a $83 billion injection into the country’s financial system as distress in the world's second-largest economy deepened.
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.
China
The China Edit | Optimism at LVMH, Lunar New Year Travel, Factories Pause
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 | Optimism at LVMH, Lunar New Year Travel, Factories Pause
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.
China
The China Edit | Louis Vuitton, Marks and Spencer, E-Commerce, New Year
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 | Louis Vuitton, Marks and Spencer, E-Commerce, New Year
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.
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Retail
Ferragamo CEO Sees Higher 2015 Sales After 'Excellent' February
Italian luxury group Salvatore Ferragamo expects its sales to grow this year after the Chinese New Year contributed to an "excellent" performance in February, chief executive Michele Norsa said on Sunday.
Ferragamo CEO Sees Higher 2015 Sales After 'Excellent' February
Italian luxury group Salvatore Ferragamo expects its sales to grow this year after the Chinese New Year contributed to an "excellent" performance in February, chief executive Michele Norsa said on Sunday.
China
The China Edit | London Retail, Prada, Uniqlo, Luxury in Hong Kong
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 | London Retail, Prada, Uniqlo, Luxury in Hong Kong
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.
China
The China Edit | Lingerie, Changing Tastes, E-Commerce Pricing, Gold
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 | Lingerie, Changing Tastes, E-Commerce Pricing, Gold
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.
Global Markets
Luxury Brands Gear Up for Chinese New Year Spend Abroad
From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year "hongbao" gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad.
Luxury Brands Gear Up for Chinese New Year Spend Abroad
From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year "hongbao" gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad.
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.