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.
craftsmanship
Latest News & Analysis
Global Markets
Luxury Brands Have a ‘Respect Deficit’ with Indian Artisans
Brand leaders who claim that craft is the lifeblood of luxury should see worker welfare as a moral duty that aligns with their strategic business interests. But protecting the valuable skills of Indian artisans is not the same as valuing the artisans themselves.
Luxury Brands Have a ‘Respect Deficit’ with Indian Artisans
Brand leaders who claim that craft is the lifeblood of luxury should see worker welfare as a moral duty that aligns with their strategic business interests. But protecting the valuable skills of Indian artisans is not the same as valuing the artisans themselves.
Luxury
Will France's New Luxury Strategy Help Sell More Louis Vuitton Bags?
At a time when Vuitton, Hermès and Chanel are expanding their production capacity to keep up with growing demand for ‘made in France’ luxury goods, a new government roadmap could give the sector a boost.
Will France's New Luxury Strategy Help Sell More Louis Vuitton Bags?
At a time when Vuitton, Hermès and Chanel are expanding their production capacity to keep up with growing demand for ‘made in France’ luxury goods, a new government roadmap could give the sector a boost.
Luxury
Colville: The Antithesis of Fast Fashion
This month, our Spotlight shines on Colville, an eclectic womenswear label helmed by Vogue alumna Lucinda Chambers and Marni veterans Molly Molloy and Kristin Forss.
Colville: The Antithesis of Fast Fashion
This month, our Spotlight shines on Colville, an eclectic womenswear label helmed by Vogue alumna Lucinda Chambers and Marni veterans Molly Molloy and Kristin Forss.
Fashion Week
A Pick-Me-Up Prescription at Chanel
There was such a zest in this collection. “Paris Cosmopolite” was the name Lagerfeld gave it. A neologism that said it all, really.
A Pick-Me-Up Prescription at Chanel
There was such a zest in this collection. “Paris Cosmopolite” was the name Lagerfeld gave it. A neologism that said it all, really.
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Luxury
Chanel Snaps Up 4 Companies to Secure High-End Silk Supplies
Chanel has created a silks production unit by investing in high-end specialists, it said on Friday after completing the third deal in four months aimed at strengthening its supply chain.
Chanel Snaps Up 4 Companies to Secure High-End Silk Supplies
Chanel has created a silks production unit by investing in high-end specialists, it said on Friday after completing the third deal in four months aimed at strengthening its supply chain.
Luxury
As Tastes Mature, Chinese Crave Native Materials
From tea silk to yak wool, traditional materials and products are being reinvented for Chinese luxury consumers less enamoured with European mega-brands.
As Tastes Mature, Chinese Crave Native Materials
From tea silk to yak wool, traditional materials and products are being reinvented for Chinese luxury consumers less enamoured with European mega-brands.
Luxury
Op-Ed | From Luxury to Craft: Climbing the ‘Discernment Curve’
Growing sophistication rather than raw wealth is becoming the main driver of how people consume, shifting luxury spending to craft or brands with craft credentials, argues Guy Salter.
Op-Ed | From Luxury to Craft: Climbing the ‘Discernment Curve’
Growing sophistication rather than raw wealth is becoming the main driver of how people consume, shifting luxury spending to craft or brands with craft credentials, argues Guy Salter.
News & Analysis
Brunello Cucinelli Insists on Balance at His Business
Brunello Cucinelli — whose cashmere sweaters can sell for $3,000 or more — is crafting a gentler life for his employees in the village of Solomeo.
Brunello Cucinelli Insists on Balance at His Business
Brunello Cucinelli — whose cashmere sweaters can sell for $3,000 or more — is crafting a gentler life for his employees in the village of Solomeo.
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News & Analysis
Inside Hosoo, the 327-Year-Old Textiles Mill Supplying Chanel and Dior
How Kyoto-based Hosoo is diversifying its traditional kimono business into art, fashion and interiors, and serving clients like Louis Vuitton, Dior and Chanel.
Inside Hosoo, the 327-Year-Old Textiles Mill Supplying Chanel and Dior
How Kyoto-based Hosoo is diversifying its traditional kimono business into art, fashion and interiors, and serving clients like Louis Vuitton, Dior and Chanel.
Global Markets
Op-Ed | Making 'Made in India' Matter
A new campaign encouraging foreign nations to use India as a manufacturing hub is an opportunity to promote 'Made in India' as a stamp of quality, artistry and heritage within the fashion industry, says Bandana Tewari.
Op-Ed | Making 'Made in India' Matter
A new campaign encouraging foreign nations to use India as a manufacturing hub is an opportunity to promote 'Made in India' as a stamp of quality, artistry and heritage within the fashion industry, says Bandana Tewari.
Global Markets
Op-Ed | Africa Needs Credible International Partners
The fashion industry needs to foster more substantial and deeply-rooted business partnerships in Africa, argues Hanneli Rupert.
Op-Ed | Africa Needs Credible International Partners
The fashion industry needs to foster more substantial and deeply-rooted business partnerships in Africa, argues Hanneli Rupert.
Global Markets
Op-Ed | Approach Africa with a New Mindset
For Africa to attract the investment it needs, the fashion world needs to let go of some myths and misconceptions about the continent, says Liya Kebede.
Op-Ed | Approach Africa with a New Mindset
For Africa to attract the investment it needs, the fashion world needs to let go of some myths and misconceptions about the continent, says Liya Kebede.
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.