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.
entrepreneurship
Latest News & Analysis
Entrepreneurship
The BoF Podcast | Serena Williams: ‘Pressure Is a Privilege’
In a 2019 conversation with BoF’s Imran Amed, the tennis champion, who announced her retirement this week, reveals how the mental toughness she has built on the court prepared her for life as an entrepreneur.
The BoF Podcast | Serena Williams: ‘Pressure Is a Privilege’
In a 2019 conversation with BoF’s Imran Amed, the tennis champion, who announced her retirement this week, reveals how the mental toughness she has built on the court prepared her for life as an entrepreneur.
Entrepreneurship
Why Some Black Founders Are Uneasy About Fashion’s Diversity Initiatives
Black-owned brands are in the spotlight, but some entrepreneurs worry that aligning their own racial identities with those of their brands will alienate some customers — and not all retailers are coming to them with mutually beneficial offers.
Why Some Black Founders Are Uneasy About Fashion’s Diversity Initiatives
Black-owned brands are in the spotlight, but some entrepreneurs worry that aligning their own racial identities with those of their brands will alienate some customers — and not all retailers are coming to them with mutually beneficial offers.
Luxury
Phoebe Philo Is Launching Her Own Brand, Backed by LVMH
BoF has learned that the former creative director of Celine is returning to fashion with an eponymous label and minority investment from the world’s largest luxury group.
Phoebe Philo Is Launching Her Own Brand, Backed by LVMH
BoF has learned that the former creative director of Celine is returning to fashion with an eponymous label and minority investment from the world’s largest luxury group.
Retail
One Year Later, the 15 Percent Pledge Raises Its Ambitions
As Nordstrom announces a 10-year partnership with the organisation launched on Instagram after George Floyd’s death to call on retailers to spend more money on Black-owned brands, founder Aurora James and board member Emma Grede tell BoF about keeping up the momentum and supporting entrepreneurs.
One Year Later, the 15 Percent Pledge Raises Its Ambitions
As Nordstrom announces a 10-year partnership with the organisation launched on Instagram after George Floyd’s death to call on retailers to spend more money on Black-owned brands, founder Aurora James and board member Emma Grede tell BoF about keeping up the momentum and supporting entrepreneurs.
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Entrepreneurship
How One Fund Wants to Rethink Venture Capital’s Relationship with Brands
Former Nasty Gal executive and angel investor Deborah Benton has launched a new fund with investor Amanda Schutzbank, aimed to set founders up for long-term success in a competitive digital landscape.
How One Fund Wants to Rethink Venture Capital’s Relationship with Brands
Former Nasty Gal executive and angel investor Deborah Benton has launched a new fund with investor Amanda Schutzbank, aimed to set founders up for long-term success in a competitive digital landscape.
Luxury
Christopher Kane’s Pandemic Pivot
How the trio behind the London label navigated a split with Kering and beat the pandemic by betting on merch line More Joy.
Christopher Kane’s Pandemic Pivot
How the trio behind the London label navigated a split with Kering and beat the pandemic by betting on merch line More Joy.
Beauty
Case Study | How to Sell Skin Care at Every Price
BoF examines how two skin care brands at opposite ends of the pricing spectrum, the French and German luxury label Augustinus Bader and drugstore staple CeraVe, stood out in the growing global cosmetics market by rethinking the beauty playbook.
Case Study | How to Sell Skin Care at Every Price
BoF examines how two skin care brands at opposite ends of the pricing spectrum, the French and German luxury label Augustinus Bader and drugstore staple CeraVe, stood out in the growing global cosmetics market by rethinking the beauty playbook.
Luxury
Jimmy Choo’s Advice for Young Designers — and Why He’s Pro-Sneaker
The footwear designer, famed for his luxury heels, talks to BoF about the launch of his new fashion academy and the enduring relevance of stilettos.
Jimmy Choo’s Advice for Young Designers — and Why He’s Pro-Sneaker
The footwear designer, famed for his luxury heels, talks to BoF about the launch of his new fashion academy and the enduring relevance of stilettos.
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Sustainability
Why Big Brands Are Investing in Sustainability Start-Ups
This year, Ralph Lauren and Lululemon have joined the likes of H&M Group, Kering and Chanel in pouring money into innovations that could reduce the industry’s environmental impact.
Why Big Brands Are Investing in Sustainability Start-Ups
This year, Ralph Lauren and Lululemon have joined the likes of H&M Group, Kering and Chanel in pouring money into innovations that could reduce the industry’s environmental impact.
Entrepreneurship
Eurazeo Brands Takes Majority Stake in Axel Arigato
The private equity firm will pour €56 million into the Swedish footwear-turned-lifestyle label after its online sales soared during the pandemic.
Eurazeo Brands Takes Majority Stake in Axel Arigato
The private equity firm will pour €56 million into the Swedish footwear-turned-lifestyle label after its online sales soared during the pandemic.
China
China's Fashion Billionaires Tap the Year of the Pandemic
This year’s biggest winners may have been China’s uber-wealthy business leaders, who amassed an astonishing amount of wealth despite the global pandemic. Many of them have fashion to thank for part of their fortunes.
China's Fashion Billionaires Tap the Year of the Pandemic
This year’s biggest winners may have been China’s uber-wealthy business leaders, who amassed an astonishing amount of wealth despite the global pandemic. Many of them have fashion to thank for part of their fortunes.
Luxury
The BoF Podcast: Dries Van Noten on Making Retail Meaningful in the Pandemic
BoF Editor-at-Large Tim Blanks speaks with the Belgian designer about his new community-centred art hub and why the clothing store could do with a makeover.
The BoF Podcast: Dries Van Noten on Making Retail Meaningful in the Pandemic
BoF Editor-at-Large Tim Blanks speaks with the Belgian designer about his new community-centred art hub and why the clothing store could do with a makeover.
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.