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.
cosmetics
Luxury
Bulgari CEO: ‘Less But Better’ Driving Luxury Growth
The LVMH brand is recording ‘more than double digit’ growth, generated by ‘natural upselling requested by clients,’ said chief executive Jean-Christophe Babin in an exclusive interview with BoF.
Bulgari CEO: ‘Less But Better’ Driving Luxury Growth
The LVMH brand is recording ‘more than double digit’ growth, generated by ‘natural upselling requested by clients,’ said chief executive Jean-Christophe Babin in an exclusive interview with BoF.
Beauty
The State of Fashion Special Edition | The New Face of Beauty
The special edition of The State of Fashion report by BoF and McKinsey & Company explores the reshaping of the global beauty industry. Download the full report to learn about the key dynamics that will impact all categories in the years ahead, from the rise of wellness to the influence of Gen-Z.
The State of Fashion Special Edition | The New Face of Beauty
The special edition of The State of Fashion report by BoF and McKinsey & Company explores the reshaping of the global beauty industry. Download the full report to learn about the key dynamics that will impact all categories in the years ahead, from the rise of wellness to the influence of Gen-Z.
Beauty
The Brand-Building Machines Behind Beauty’s Hottest Labels
In the last decade, incubators aimed at churning out brands have become a force throughout the industry. The Business of Beauty unpacks the pros and cons to the model, as well as what incubators and their brands need to do to stay competitive in a crowded market.
The Brand-Building Machines Behind Beauty’s Hottest Labels
In the last decade, incubators aimed at churning out brands have become a force throughout the industry. The Business of Beauty unpacks the pros and cons to the model, as well as what incubators and their brands need to do to stay competitive in a crowded market.
Beauty
Beauty TikTok’s Latest Obsessions
Unpack the latest controversy with Tarte Beauty, TikTok's "repurchase" trend, Taylor Swift's Eras tour and Sofia Richies wedding makeup.
Beauty TikTok’s Latest Obsessions
Unpack the latest controversy with Tarte Beauty, TikTok's "repurchase" trend, Taylor Swift's Eras tour and Sofia Richies wedding makeup.
Beauty
Gen-Z Is Driving Fragrance M&A
TikTok fanatics are discovering new or smaller lines like Juliette Has a Gun and Parfums de Marly, which have been around for a collective 31 years.
Gen-Z Is Driving Fragrance M&A
TikTok fanatics are discovering new or smaller lines like Juliette Has a Gun and Parfums de Marly, which have been around for a collective 31 years.
Beauty
The Secret to Creating a Cult Beauty Product
When a beauty product transcends its original value proposition, such as cleansing hands or moisturising skin, it can offer consumers desired forms of cultural capital.
The Secret to Creating a Cult Beauty Product
When a beauty product transcends its original value proposition, such as cleansing hands or moisturising skin, it can offer consumers desired forms of cultural capital.
Beauty
The Business of Beauty Global Forum Is 4 Weeks Away — Register Now for the Global Livestream
Join us on May 30 and 31, 2023 to unlock essential learnings, challenge conventional thinking, inspire innovation and reimagine the future of the global beauty and wellness industry.
The Business of Beauty Global Forum Is 4 Weeks Away — Register Now for the Global Livestream
Join us on May 30 and 31, 2023 to unlock essential learnings, challenge conventional thinking, inspire innovation and reimagine the future of the global beauty and wellness industry.
Sustainability
‘Toxic Trail of Pollution’: States Step Up to Curb the Use of ‘Forever Chemicals’
Partisanship has thwarted Congress’s attempts to limit PFAS, but a patchwork of state laws is pushing for their phase-out.
‘Toxic Trail of Pollution’: States Step Up to Curb the Use of ‘Forever Chemicals’
Partisanship has thwarted Congress’s attempts to limit PFAS, but a patchwork of state laws is pushing for their phase-out.
Beauty
Sol de Janeiro Bets On Barbie
The Brazilian-inspired body-care brand taps the “Euphoria” actress to grow its fragrance-loving Gen-Z audience.
Sol de Janeiro Bets On Barbie
The Brazilian-inspired body-care brand taps the “Euphoria” actress to grow its fragrance-loving Gen-Z audience.
Beauty
Beauty at the Met Gala: Smoky Eyes, Red Lipstick and Not Much Else
Beauty will always be on the sidelines at fashion’s “Super Bowl,” but this year all of the beautiful people just looked beautiful.
Beauty at the Met Gala: Smoky Eyes, Red Lipstick and Not Much Else
Beauty will always be on the sidelines at fashion’s “Super Bowl,” but this year all of the beautiful people just looked beautiful.
Beauty
How New Beauty Brands Are Made
Retail accelerators have offered new founders help breaking into tough to crack retail environments. But finding long term success often takes more than a single bootcamp.
How New Beauty Brands Are Made
Retail accelerators have offered new founders help breaking into tough to crack retail environments. But finding long term success often takes more than a single bootcamp.
Beauty
Why Many Y2K Beauty Brands Aren’t Benefiting From the Y2K Trend
Fashion labels like Marc Jacobs have capitalised on the Y2K trend with rebooted brands and products. But beauty brands of the era, like Laura Mercier and Philosophy need more than nostalgia to capture Gen-Z’s attention.
Why Many Y2K Beauty Brands Aren’t Benefiting From the Y2K Trend
Fashion labels like Marc Jacobs have capitalised on the Y2K trend with rebooted brands and products. But beauty brands of the era, like Laura Mercier and Philosophy need more than nostalgia to capture Gen-Z’s attention.
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.