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.
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Latest News & Analysis
News & Analysis
LVMH Sells Donna Karan to G-III Apparel for $650 Million
Following rumours last week, LVMH has agreed to sell Donna Karan International Inc. to G-III Apparel Group Ltd. for an enterprise value of $650 million.
LVMH Sells Donna Karan to G-III Apparel for $650 Million
Following rumours last week, LVMH has agreed to sell Donna Karan International Inc. to G-III Apparel Group Ltd. for an enterprise value of $650 million.
News & Analysis
Donna Karan Steps Down From Donna Karan International
Donna Karan International announced late Tuesday that the brand's founder is stepping down from her post as chief designer.
Donna Karan Steps Down From Donna Karan International
Donna Karan International announced late Tuesday that the brand's founder is stepping down from her post as chief designer.
Fashion Week
A Tearful Donna Karan Marks 30 Years in Fashion
NEW YORK, United States — With a little tear and a victory walk down the runway, Donna Karan marked her company's 30th anniversary Monday night with
A Tearful Donna Karan Marks 30 Years in Fashion
NEW YORK, United States — With a little tear and a victory walk down the runway, Donna Karan marked her company's 30th anniversary Monday night with
News & Analysis
Resort Collections are a Walk on the Whimsical Side
"The resort shows, which won't end until Christmas, are a complete distraction. Nobody can really decide if resort should be a nice reworking of a
Resort Collections are a Walk on the Whimsical Side
"The resort shows, which won't end until Christmas, are a complete distraction. Nobody can really decide if resort should be a nice reworking of a
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News & Analysis
African investment, Gap quells fears, Abercombie boost, Philanthropic fashion, Working woman
Fashion Weighs a Deeper Investment in Africa (IHT) "Designers from Vivienne Westwood to Jean Paul Gaultier have long drawn on the vibrancy of African
African investment, Gap quells fears, Abercombie boost, Philanthropic fashion, Working woman
Fashion Weighs a Deeper Investment in Africa (IHT) "Designers from Vivienne Westwood to Jean Paul Gaultier have long drawn on the vibrancy of African
News & Analysis
BoF Exclusive | Behind the Tweets: Learning from the Best of the Fashion Twitterati
NEW YORK, United States — To tweet, or not to tweet. That has been the question on many fashion business minds over the past year. Not every brand
BoF Exclusive | Behind the Tweets: Learning from the Best of the Fashion Twitterati
NEW YORK, United States — To tweet, or not to tweet. That has been the question on many fashion business minds over the past year. Not every brand
News & Analysis
Asian-Americans gain ground, Homeware extensions, Posh's fashion ambition, Life with Donna, Betsy's new owner?
Asian-Americans Climb Fashion Industry Ladder (NY Times) "It was the first time that all three prizes given by the [CFDA] were awarded to designers
Asian-Americans gain ground, Homeware extensions, Posh's fashion ambition, Life with Donna, Betsy's new owner?
Asian-Americans Climb Fashion Industry Ladder (NY Times) "It was the first time that all three prizes given by the [CFDA] were awarded to designers
News & Analysis
Remembering Dumas, Vuitton tops ranking, At the Met Ball, Up close with Stefano Pilati, Jason Wu collector
Jean-Louis Dumas, Chief of Hermès, Dies at 72 (NY Times) "Jean-Louis Dumas, who revived the flagging fortunes of Hermès in the late 1970s and in his
Remembering Dumas, Vuitton tops ranking, At the Met Ball, Up close with Stefano Pilati, Jason Wu collector
Jean-Louis Dumas, Chief of Hermès, Dies at 72 (NY Times) "Jean-Louis Dumas, who revived the flagging fortunes of Hermès in the late 1970s and in his
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News & Analysis
Fashion and Fur | How to foster an intelligent debate
LONDON, United Kingdom - For many of fashion's iconic characters, from Vogue 's Anna Wintour to the prolific designer Karl Lagerfeld, who designs for
Fashion and Fur | How to foster an intelligent debate
LONDON, United Kingdom - For many of fashion's iconic characters, from Vogue 's Anna Wintour to the prolific designer Karl Lagerfeld, who designs for
News & Analysis
M&S job cuts, Disastrous holiday sales, NY confirms designers, Iconix to Latin America
Marks & Spencer to Cut 1,230 Jobs ( WWD) Marks & Spencer's chairman expects its "gross profit margin to be 1.75 percentage points lower than the
M&S job cuts, Disastrous holiday sales, NY confirms designers, Iconix to Latin America
Marks & Spencer to Cut 1,230 Jobs ( WWD) Marks & Spencer's chairman expects its "gross profit margin to be 1.75 percentage points lower than the
News & Analysis
Cyber Monday sales, Holiday shoppers, Best etailers, Karan cuts back
Clicks Up: Cyber Monday Sales Rise 15 Percent ( WWD)"Cyber Monday was the second largest day of shopping online ever."
Cyber Monday sales, Holiday shoppers, Best etailers, Karan cuts back
Clicks Up: Cyber Monday Sales Rise 15 Percent ( WWD)"Cyber Monday was the second largest day of shopping online ever."
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.