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.
e-commerce
Partner Content
The Future of Digital Customer Experience in Fashion and Beauty
Managing the customer journey across an expanding array of digital and physical touchpoints has never been more complex. BoF’s latest knowledge report, in partnership with Braze, explores what it takes to craft a winning customer experience strategy.
The Future of Digital Customer Experience in Fashion and Beauty
Managing the customer journey across an expanding array of digital and physical touchpoints has never been more complex. BoF’s latest knowledge report, in partnership with Braze, explores what it takes to craft a winning customer experience strategy.
Beauty
Ulta Beauty Launches Marketplace
As Amazon gains beauty market share, the American speciality retailer is the latest to unveil a marketplace aimed at increasing its e-commerce penetration.
Ulta Beauty Launches Marketplace
As Amazon gains beauty market share, the American speciality retailer is the latest to unveil a marketplace aimed at increasing its e-commerce penetration.
Technology
What It Will Take for Consumers to Let AI Shop For Them
A new class of AI-powered shopping platforms is launching agents that can shop on consumers’ behalf. But they'll have to compete with big tech players in the race to get the average consumer to use the technology.
What It Will Take for Consumers to Let AI Shop For Them
A new class of AI-powered shopping platforms is launching agents that can shop on consumers’ behalf. But they'll have to compete with big tech players in the race to get the average consumer to use the technology.
Luxury
Why Can’t the Art World Make E-Commerce Work?
Digital sales will never rule the art market’s upper tier, but there’s still scope for selling art merch, multiples and five-figure emerging artists online, argues Marc Spiegler.
Why Can’t the Art World Make E-Commerce Work?
Digital sales will never rule the art market’s upper tier, but there’s still scope for selling art merch, multiples and five-figure emerging artists online, argues Marc Spiegler.
Beauty
Charlotte Tilbury Launches on Amazon
Amazon’s premium beauty selection continues to expand with the addition of Charlotte Tilbury.
Charlotte Tilbury Launches on Amazon
Amazon’s premium beauty selection continues to expand with the addition of Charlotte Tilbury.
Media
Highsnobiety to Wind Down E-Commerce, Lay Off Staff
The company plans to shutter its loss-making e-commerce division by the end of the year to focus on its core businesses.
Highsnobiety to Wind Down E-Commerce, Lay Off Staff
The company plans to shutter its loss-making e-commerce division by the end of the year to focus on its core businesses.
Beauty
How Beauty Retailers Can Use Amazon to Their Advantage
Many premium beauty brands now view the e-commerce giant as a core part of their distribution strategy, and few holdouts remain. Retailers like Sephora and Space NK can use brands’ presence on Amazon to translate to higher sales and better forecasting — if they read the tea leaves right.
How Beauty Retailers Can Use Amazon to Their Advantage
Many premium beauty brands now view the e-commerce giant as a core part of their distribution strategy, and few holdouts remain. Retailers like Sephora and Space NK can use brands’ presence on Amazon to translate to higher sales and better forecasting — if they read the tea leaves right.
Retail
Jenni Kayne Opens Its First International Pop-Up in London
The California-based brand has launched a pop-up at Selfridges, the first step in a larger global expansion strategy
Jenni Kayne Opens Its First International Pop-Up in London
The California-based brand has launched a pop-up at Selfridges, the first step in a larger global expansion strategy
Retail
The Great Fashion Reset | The Future of Multi-Brand Retail
As major luxury retailers from Saks to Ssense struggle, independent boutiques are making a comeback.
The Great Fashion Reset | The Future of Multi-Brand Retail
As major luxury retailers from Saks to Ssense struggle, independent boutiques are making a comeback.
Global Markets
Meesho: India’s Bargain Fashion Behemoth
The country’s third-largest e-commerce player is set to go public this year after bringing order to the unorganised retail sector and connecting micro fashion enterprises to small-town shoppers nationwide.
Meesho: India’s Bargain Fashion Behemoth
The country’s third-largest e-commerce player is set to go public this year after bringing order to the unorganised retail sector and connecting micro fashion enterprises to small-town shoppers nationwide.
Retail
LuisaViaRoma Files for Court Protection Amid Deepening Financial Strain
The Florence-based luxury retailer, facing unpaid bills and a steep sales decline, seeks a 120-day reprieve under Italian insolvency law as it restructures operations and scales back expansion.
LuisaViaRoma Files for Court Protection Amid Deepening Financial Strain
The Florence-based luxury retailer, facing unpaid bills and a steep sales decline, seeks a 120-day reprieve under Italian insolvency law as it restructures operations and scales back expansion.
Retail
How Tuckernuck Went From Fashion Outsider to E-Commerce Darling
Three friends with no fashion background built a $100 million retail business in Washington, DC by doing what Farfetch and Matches Fashion couldn’t: defining their customer and sticking to their preppy aesthetic.
How Tuckernuck Went From Fashion Outsider to E-Commerce Darling
Three friends with no fashion background built a $100 million retail business in Washington, DC by doing what Farfetch and Matches Fashion couldn’t: defining their customer and sticking to their preppy aesthetic.
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.