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.
digital
Beauty
Why International Beauty Brands Are Piling into South Korea
Global players from Givenchy Beauty to Sephora are targeting the growing opportunity in South Korea, but a phalanx of homegrown brands stands in their way.
Why International Beauty Brands Are Piling into South Korea
Global players from Givenchy Beauty to Sephora are targeting the growing opportunity in South Korea, but a phalanx of homegrown brands stands in their way.
Luxury
Kering to Take Control of E-Commerce, Ending YNAP Partnership
The move follows rival conglomerate Richemont's takeover of Yoox Net-a-Porter.
Kering to Take Control of E-Commerce, Ending YNAP Partnership
The move follows rival conglomerate Richemont's takeover of Yoox Net-a-Porter.
Media
Can Legacy Media Survive the Digital Tsunami?
If you think things are bad now, just wait until marketers realign their budgets with the actual media-technology consumption habits of consumers. But there’s hope, says Amy Odell.
Can Legacy Media Survive the Digital Tsunami?
If you think things are bad now, just wait until marketers realign their budgets with the actual media-technology consumption habits of consumers. But there’s hope, says Amy Odell.
Workplace & Talent
How to Hire for Fashion’s New World Order
Rebooting analogue organisations for a digital world starts with building the right team with the right talent profile.
How to Hire for Fashion’s New World Order
Rebooting analogue organisations for a digital world starts with building the right team with the right talent profile.
News & Analysis
Learn How to Create Content to Engage Your Audience
Take BoF's online Digital Marketing course to learn how to create content that connects with global audiences from Paper Communications' Drew Elliott.
Learn How to Create Content to Engage Your Audience
Take BoF's online Digital Marketing course to learn how to create content that connects with global audiences from Paper Communications' Drew Elliott.
Retail
Op-Ed | What Fashion Must Learn from Apple’s $1 Trillion Milestone
Fashion’s future is a long going out of business sale, unless it turns itself upside down, argues John Thorbeck.
Op-Ed | What Fashion Must Learn from Apple’s $1 Trillion Milestone
Fashion’s future is a long going out of business sale, unless it turns itself upside down, argues John Thorbeck.
News & Analysis
WSJ. Magazine’s Tenth Anniversary Issue Is Big, But Its Digital Ambitions Are Bigger
The newspaper’s lucrative luxury supplement is marking a decade in print with its biggest issue yet — and investments in its digital future.
WSJ. Magazine’s Tenth Anniversary Issue Is Big, But Its Digital Ambitions Are Bigger
The newspaper’s lucrative luxury supplement is marking a decade in print with its biggest issue yet — and investments in its digital future.
Technology
Bits & Bytes | H&M Bets on AI, The Rise of Digital Supermodels
This week, H&M turns to tech to build a stronger business and drive operational efficiencies, while a new wave of modelling agencies offer brands virtual models.
Bits & Bytes | H&M Bets on AI, The Rise of Digital Supermodels
This week, H&M turns to tech to build a stronger business and drive operational efficiencies, while a new wave of modelling agencies offer brands virtual models.
News & Analysis
Flipkart Unveils Loyalty Programme to Counter Amazon Prime
The Indian online retailer will be launching its second loyalty programme later this month, a move aimed at boosting customer retention.
Flipkart Unveils Loyalty Programme to Counter Amazon Prime
The Indian online retailer will be launching its second loyalty programme later this month, a move aimed at boosting customer retention.
Global Markets
Farfetch Acquires Chinese Digital Marketing Agency
The fashion e-commerce platform has acquired CuriosityChina in a bid to boost its presence in the world's second-largest luxury market.
Farfetch Acquires Chinese Digital Marketing Agency
The fashion e-commerce platform has acquired CuriosityChina in a bid to boost its presence in the world's second-largest luxury market.
Technology
Bits & Bytes | Target's Secret App, Louis Vuitton Expands E-Commerce in China
This week, Target has an invite-only app that lets members collaborate with the company's designers, while in mainland China customers gain access to Louis Vuitton's delivery service.
Bits & Bytes | Target's Secret App, Louis Vuitton Expands E-Commerce in China
This week, Target has an invite-only app that lets members collaborate with the company's designers, while in mainland China customers gain access to Louis Vuitton's delivery service.
China
China’s Hottest New Social Media App
Douyin, an addictive video app with 300 million active users, has fashion and beauty brands wondering whether they should get in on the action.
China’s Hottest New Social Media App
Douyin, an addictive video app with 300 million active users, has fashion and beauty brands wondering whether they should get in on the action.
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.