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.
eyewear
Luxury
What Kering's Cartier Deal Means for the Eyewear Market
Kering Eyewear has signed a partnership to develop, manufacture and distribute eyewear for Cartier, its first external deal at a time of radical change in the sector.
What Kering's Cartier Deal Means for the Eyewear Market
Kering Eyewear has signed a partnership to develop, manufacture and distribute eyewear for Cartier, its first external deal at a time of radical change in the sector.
Luxury
How Direct-to-Consumer Brands Are Disrupting the Global Eyewear Business
Brands like France’s Izipizi, South Korea’s Gentle Monster and America’s Warby Parker are shaking up the eyewear market with direct-to-consumer models.
How Direct-to-Consumer Brands Are Disrupting the Global Eyewear Business
Brands like France’s Izipizi, South Korea’s Gentle Monster and America’s Warby Parker are shaking up the eyewear market with direct-to-consumer models.
News & Analysis
Behind the Radical Shifts in Luxury Eyewear
Last week’s LVMH-Marcolin deal follows a string of changes in the competitive luxury eyewear sector as companies reassess their business models to adapt to growing demand.
Behind the Radical Shifts in Luxury Eyewear
Last week’s LVMH-Marcolin deal follows a string of changes in the competitive luxury eyewear sector as companies reassess their business models to adapt to growing demand.
Luxury
Safilo Plunges as LVMH Said Close to Buying Marcolin Stake
The LVMH agreement could also involve investing in Marcolin’s Italian manufacturing operations, as well as the creation of a new company.
Safilo Plunges as LVMH Said Close to Buying Marcolin Stake
The LVMH agreement could also involve investing in Marcolin’s Italian manufacturing operations, as well as the creation of a new company.
News & Analysis
Will Luxottica’s $54 Billion Deal Work?
The merger of Luxottica and Essilor is good for both sides — especially Luxottica and its 81-year-old founder Leonardo Del Vecchio.
Will Luxottica’s $54 Billion Deal Work?
The merger of Luxottica and Essilor is good for both sides — especially Luxottica and its 81-year-old founder Leonardo Del Vecchio.
News & Analysis
Luxottica Agrees €46 Billion Deal With Essilor to Create Eyewear Giant
The deal brings together Luxottica, the world's top spectacles maker with brands such as Oakley and Ray Ban, with Essilor, the world's leading manufacturer of ophthalmic lenses.
Luxottica Agrees €46 Billion Deal With Essilor to Create Eyewear Giant
The deal brings together Luxottica, the world's top spectacles maker with brands such as Oakley and Ray Ban, with Essilor, the world's leading manufacturer of ophthalmic lenses.
Technology
Maker of Spectacles for Dior, Fendi Expands Into Smart Glasses
The Italian company is debuting a set of Internet-connected spectacles next month at the Consumer Electronics Show in Las Vegas.
Maker of Spectacles for Dior, Fendi Expands Into Smart Glasses
The Italian company is debuting a set of Internet-connected spectacles next month at the Consumer Electronics Show in Las Vegas.
News & Analysis
Is Delisting the Next Step for Luxottica?
Luxottica has a strong business and high strategic potential, yet the market disdains the company, raising the possibility of a delisting, says Luca Solca.
Is Delisting the Next Step for Luxottica?
Luxottica has a strong business and high strategic potential, yet the market disdains the company, raising the possibility of a delisting, says Luca Solca.
Luxury
How Kering Built a Start-Up to Disrupt the Eyewear Market
Bringing Gucci eyewear in-house, Kering is leading a wider trend for 'intrapreneurial' ventures.
How Kering Built a Start-Up to Disrupt the Eyewear Market
Bringing Gucci eyewear in-house, Kering is leading a wider trend for 'intrapreneurial' ventures.
News & Analysis
Behind Dior's Sunglasses Success
Christian Dior is leading the luxury eyewear race, thanks to investment in innovative product, an integrated communications strategy and ‘hyper-selective’ distribution.
Behind Dior's Sunglasses Success
Christian Dior is leading the luxury eyewear race, thanks to investment in innovative product, an integrated communications strategy and ‘hyper-selective’ distribution.
News & Analysis
How Gentle Monster Rode the K-Pop Wave to $160 Million
BoF’s Entrepreneurship Week kicks off with a report on South Korean eyewear brand Gentle Monster, which dodged the Warby Parker-clone trap with a design-led approach.
How Gentle Monster Rode the K-Pop Wave to $160 Million
BoF’s Entrepreneurship Week kicks off with a report on South Korean eyewear brand Gentle Monster, which dodged the Warby Parker-clone trap with a design-led approach.
News & Analysis
Luxottica Sues BCBG Max Azria Over Wayfarer Sunglasses
Luxottica, the maker of Ray-Ban sunglasses, has accuses BCBG Max Azria of knowingly infringing its famous Wayfarer trademark.
Luxottica Sues BCBG Max Azria Over Wayfarer Sunglasses
Luxottica, the maker of Ray-Ban sunglasses, has accuses BCBG Max Azria of knowingly infringing its famous Wayfarer trademark.
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.