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
Entrepreneurship
The BoF Podcast: Paul Smith on the Past 50 Years
The designer speaks with BoF Editor-at-Large Tim Blanks about how the current moment is shaping the future of creativity.
The BoF Podcast: Paul Smith on the Past 50 Years
The designer speaks with BoF Editor-at-Large Tim Blanks about how the current moment is shaping the future of creativity.
Entrepreneurship
Former Reformation CEO Deemed Not 'Racist’ as Workplace Reckoning Continues
After founder Yael Aflalo stepped down amid racism allegations in June, the private equity-backed, cool-girl brand commissioned a third-party investigation into its corporate culture. The results cleared Aflalo of racism, but revealed broader issues at the company.
Former Reformation CEO Deemed Not 'Racist’ as Workplace Reckoning Continues
After founder Yael Aflalo stepped down amid racism allegations in June, the private equity-backed, cool-girl brand commissioned a third-party investigation into its corporate culture. The results cleared Aflalo of racism, but revealed broader issues at the company.
Entrepreneurship
The BoF Podcast: Lulu Kennedy on London’s Young Creatives
BoF’s Editor-at-Large Tim Blanks speaks with the Fashion East Founder about the future of London’s emerging designers.
The BoF Podcast: Lulu Kennedy on London’s Young Creatives
BoF’s Editor-at-Large Tim Blanks speaks with the Fashion East Founder about the future of London’s emerging designers.
Entrepreneurship
BoF LIVE: Who Needs Investors? Tips for Bootstrapping Your Fashion Business
For cash-strapped designers, going it alone can seem daunting. Check out the latest BoF Live Event for tips on building a brand from scratch from the people that have been there.
BoF LIVE: Who Needs Investors? Tips for Bootstrapping Your Fashion Business
For cash-strapped designers, going it alone can seem daunting. Check out the latest BoF Live Event for tips on building a brand from scratch from the people that have been there.
Entrepreneurship
The BoF Podcast: Craig Green Says, ‘Fashion Can Come From Anywhere’
The designer speaks with BoF Editor-at-Large Tim Blanks about his ongoing Moncler collaboration and his dream of designing a wardrobe classic.
The BoF Podcast: Craig Green Says, ‘Fashion Can Come From Anywhere’
The designer speaks with BoF Editor-at-Large Tim Blanks about his ongoing Moncler collaboration and his dream of designing a wardrobe classic.
Entrepreneurship
Where Do Independent Fashion Brands Go From Here?
Many have already closed, or will shut down in the coming months. But for those that make it through the industry’s implosion, they’ll need to find a better, more viable way of doing business. Some thoughts on moving forward.
Where Do Independent Fashion Brands Go From Here?
Many have already closed, or will shut down in the coming months. But for those that make it through the industry’s implosion, they’ll need to find a better, more viable way of doing business. Some thoughts on moving forward.
Entrepreneurship
Fashion Executives Form Mentorship Organisation for Black Founders and Professionals
RaiseFashion, a not-for-profit group led by retail and fashion leaders, will offer free consulting for Black-owned brands and industry professionals seeking advice on everything from supply chain to marketing.
Fashion Executives Form Mentorship Organisation for Black Founders and Professionals
RaiseFashion, a not-for-profit group led by retail and fashion leaders, will offer free consulting for Black-owned brands and industry professionals seeking advice on everything from supply chain to marketing.
Sustainability
Independent Brands Must Change Their Business Strategies
Post-pandemic, bootstrapping young brands will have to adopt a model that is less bloated and wasteful in order to survive.
Independent Brands Must Change Their Business Strategies
Post-pandemic, bootstrapping young brands will have to adopt a model that is less bloated and wasteful in order to survive.
Luxury
As Sies Marjan Closes, What Is to Blame? The Pandemic or the Fashion System?
The five-year old label, backed by billionaire Nancy Marks, is shutting its doors due to the ramifications of Covid-19. But independent fashion brands were hurting long before the lockdowns.
As Sies Marjan Closes, What Is to Blame? The Pandemic or the Fashion System?
The five-year old label, backed by billionaire Nancy Marks, is shutting its doors due to the ramifications of Covid-19. But independent fashion brands were hurting long before the lockdowns.
Retail
How to Recession-Proof Your Business
During times of economic uncertainty, brands should opt for a leaner business so that each dollar earned — and saved — goes a long way.
How to Recession-Proof Your Business
During times of economic uncertainty, brands should opt for a leaner business so that each dollar earned — and saved — goes a long way.
Beauty
How Successful Beauty Founders Are Managing the Crisis
BoF spoke to five experienced entrepreneurs about how they steered their businesses through times of adversity — and how they are managing now in the face of Covid-19.
How Successful Beauty Founders Are Managing the Crisis
BoF spoke to five experienced entrepreneurs about how they steered their businesses through times of adversity — and how they are managing now in the face of Covid-19.
Entrepreneurship
What It's Really Like to Be an Independent Fashion Brand During the Pandemic
A fledgling ready-to-wear label, a wholesale-dependent contemporary player and a venture capital-backed start-up share honest details as they battle for survival.
What It's Really Like to Be an Independent Fashion Brand During the Pandemic
A fledgling ready-to-wear label, a wholesale-dependent contemporary player and a venture capital-backed start-up share honest details as they battle for survival.
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.