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.
digitisation
Latest News & Analysis
Retail
What Shein’s Lower Valuation Means for the Future of Fast Fashion
The fast fashion retailer reportedly raised funding this week at a lower valuation. But the e-commerce giant remains immensely popular — and may have some more tricks up its sleeves.
What Shein’s Lower Valuation Means for the Future of Fast Fashion
The fast fashion retailer reportedly raised funding this week at a lower valuation. But the e-commerce giant remains immensely popular — and may have some more tricks up its sleeves.
Luxury
Heron Preston Launches L.E.D. Studio
Part platform, part community, part innovation hub, L.E.D. Studio is a space to experiment with creative concepts using ‘less environmentally destructive’ practices. For the launch, Preston is rolling out an online store, a scholarship fund and a creative agency.
Heron Preston Launches L.E.D. Studio
Part platform, part community, part innovation hub, L.E.D. Studio is a space to experiment with creative concepts using ‘less environmentally destructive’ practices. For the launch, Preston is rolling out an online store, a scholarship fund and a creative agency.
Technology
Digital Fashion’s Unlikely Alliance
Epic Games, creator of the video game megahit Fortnite, and the maker of Clo3D, a popular 3D fashion-design tool, are so aligned in their visions of digital fashion’s future that they bought shares in one another.
Digital Fashion’s Unlikely Alliance
Epic Games, creator of the video game megahit Fortnite, and the maker of Clo3D, a popular 3D fashion-design tool, are so aligned in their visions of digital fashion’s future that they bought shares in one another.
Technology
What Really Went Into Casablanca’s AI-Generated Marketing Campaign
Founder Charaf Tajer compared AI to electronic music or sampling: It may be done on a computer, but it still takes talent, creativity and effort to produce good results.
What Really Went Into Casablanca’s AI-Generated Marketing Campaign
Founder Charaf Tajer compared AI to electronic music or sampling: It may be done on a computer, but it still takes talent, creativity and effort to produce good results.
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Partner Content
At Hyaloid, Evolving DTC to a Multiplatform Model
CEO Oh Sang Hyeon shares how Hyaloid’s latest platform strives to ease the customer user experience through several applications delivered on one platform technology, accessed with the use of one password on its social commerce service.
At Hyaloid, Evolving DTC to a Multiplatform Model
CEO Oh Sang Hyeon shares how Hyaloid’s latest platform strives to ease the customer user experience through several applications delivered on one platform technology, accessed with the use of one password on its social commerce service.
Technology
RFID’s ‘Quiet Revolution’ in Retail
Zara, Uniqlo and American Eagle are among those leaning on the technology for abilities like self-checkout and better inventory tracking, while more companies join the ‘cult of RFID’ each year.
RFID’s ‘Quiet Revolution’ in Retail
Zara, Uniqlo and American Eagle are among those leaning on the technology for abilities like self-checkout and better inventory tracking, while more companies join the ‘cult of RFID’ each year.
Workplace & Talent
The Fashion Jobs Most Vulnerable to AI
The next phase of artificial intelligence promises to change – and potentially eliminate – many jobs that were unaffected by previous waves of automation.
The Fashion Jobs Most Vulnerable to AI
The next phase of artificial intelligence promises to change – and potentially eliminate – many jobs that were unaffected by previous waves of automation.
Retail
Case Study | The Complete Guide to Managing Markdowns
Offloading excess merchandise has never been more complex and critical for every brand and retailer, regardless of their size or category. BoF examines the best practices along every stage of the process, from planning to liquidation.
Case Study | The Complete Guide to Managing Markdowns
Offloading excess merchandise has never been more complex and critical for every brand and retailer, regardless of their size or category. BoF examines the best practices along every stage of the process, from planning to liquidation.
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Technology
The BoF Podcast | Robert Triefus on Leading Gucci Into the Metaverse
At The BoF Professional Summit: An Inflection Point in Fashion Tech, the seasoned luxury executive explained why Gucci believes in the long-term potential of fashion and web3.
The BoF Podcast | Robert Triefus on Leading Gucci Into the Metaverse
At The BoF Professional Summit: An Inflection Point in Fashion Tech, the seasoned luxury executive explained why Gucci believes in the long-term potential of fashion and web3.
Technology
How Next-Generation Technology Is Shaping Fashion’s Future
What You Will Learn at Our Technology Summit; Final Agenda & Speakers Announced
How Next-Generation Technology Is Shaping Fashion’s Future
What You Will Learn at Our Technology Summit; Final Agenda & Speakers Announced
Technology
The BoF Podcast | How Generative AI Could Reshape Fashion
BoF’s technology correspondent Marc Bain joins Imran Amed to discuss Silicon Valley’s latest craze, and its potential for the fashion industry.
The BoF Podcast | How Generative AI Could Reshape Fashion
BoF’s technology correspondent Marc Bain joins Imran Amed to discuss Silicon Valley’s latest craze, and its potential for the fashion industry.
Sustainability
Is Luxury Set for Resale-Ready Products?
Chloé is set to become the first major luxury fashion brand to road-test digital product IDs that contain detailed information about the authenticity and eco-credentials of individual items and allow for easy resale via Vestiaire Collective.
Is Luxury Set for Resale-Ready Products?
Chloé is set to become the first major luxury fashion brand to road-test digital product IDs that contain detailed information about the authenticity and eco-credentials of individual items and allow for easy resale via Vestiaire Collective.
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.