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.
fast-fashion
Latest News & Analysis
Sustainability
The Best of BoF: Fashion’s Sustainability Reckoning
From innovative materials to regulatory crackdowns, 2022 was a year that pushed the fashion industry to rethink how it operates.
The Best of BoF: Fashion’s Sustainability Reckoning
From innovative materials to regulatory crackdowns, 2022 was a year that pushed the fashion industry to rethink how it operates.
Retail
Fast Fashion Upstarts Are Using Shein’s Own Strategies Against It
The Chinese retailer’s influence on manufacturing has been just as seismic. Now, the breakneck supply chain pioneered by Shein is allowing a new swathe of brands to make the most of operating in the colossal retailer’s slipstream.
Fast Fashion Upstarts Are Using Shein’s Own Strategies Against It
The Chinese retailer’s influence on manufacturing has been just as seismic. Now, the breakneck supply chain pioneered by Shein is allowing a new swathe of brands to make the most of operating in the colossal retailer’s slipstream.
Sustainability
Fashion’s COP27 Cheat Sheet
The UN’s annual climate summit is taking place against a challenging backdrop. But coming together to agree on tangible action has never been more critical.
Fashion’s COP27 Cheat Sheet
The UN’s annual climate summit is taking place against a challenging backdrop. But coming together to agree on tangible action has never been more critical.
Luxury
Why Luxury’s Counterfeit Problem Is Getting Worse
It’s easier than ever for consumers to buy fakes online. But the spike in counterfeit sales may also have something to do with how brands themselves are pricing and marketing their products.
Why Luxury’s Counterfeit Problem Is Getting Worse
It’s easier than ever for consumers to buy fakes online. But the spike in counterfeit sales may also have something to do with how brands themselves are pricing and marketing their products.
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Luxury
The BoF Podcast | Marine Serre Questions the Fashion Industry’s Practices
The French designer, known for her embrace of eco-futurism, speaks to BoF founder and editor-in-chief Imran Amed about the evolution of her namesake brand and explains its deeper purpose.
The BoF Podcast | Marine Serre Questions the Fashion Industry’s Practices
The French designer, known for her embrace of eco-futurism, speaks to BoF founder and editor-in-chief Imran Amed about the evolution of her namesake brand and explains its deeper purpose.
Sustainability
The Paradox of Kourtney Kardashian Selling Sustainability
Boohoo’s latest marketing move — tapping a mega-influencer as 'sustainability ambassador' — embodies the conflicts inherent in sustainability marketing.
The Paradox of Kourtney Kardashian Selling Sustainability
Boohoo’s latest marketing move — tapping a mega-influencer as 'sustainability ambassador' — embodies the conflicts inherent in sustainability marketing.
Sustainability
Is Resale Fuelling Overconsumption?
Ultra-fast fashion e-tailer PrettyLittleThing is the latest brand to launch a secondhand marketplace, playing into a debate over whether resale is becoming a smokescreen for even more and faster consumption.
Is Resale Fuelling Overconsumption?
Ultra-fast fashion e-tailer PrettyLittleThing is the latest brand to launch a secondhand marketplace, playing into a debate over whether resale is becoming a smokescreen for even more and faster consumption.
Sustainability
Op-Ed | The Radical Act of Curbing Consumption
Disconnecting from fashion’s hype cycle is the most effective way to both curb the industry’s environmental impact and develop a better relationship with our clothes, writes Alec Leach.
Op-Ed | The Radical Act of Curbing Consumption
Disconnecting from fashion’s hype cycle is the most effective way to both curb the industry’s environmental impact and develop a better relationship with our clothes, writes Alec Leach.
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Sustainability
Love Island Still Turns Heads for Fast Fashion
This year the hit reality series was sponsored by resale site eBay, a move celebrated as promoting more responsible consumption. But the show is still a huge marketing opportunity for fast-fashion brands.
Love Island Still Turns Heads for Fast Fashion
This year the hit reality series was sponsored by resale site eBay, a move celebrated as promoting more responsible consumption. But the show is still a huge marketing opportunity for fast-fashion brands.
Retail
Gap Inc. CEO Sonia Syngal to Exit
The mall retailer has also tapped Horacio “Haio” Barbeito as chief executive of its Old Navy brand.
Gap Inc. CEO Sonia Syngal to Exit
The mall retailer has also tapped Horacio “Haio” Barbeito as chief executive of its Old Navy brand.
Sustainability
A Crash Course on The BoF Sustainability Index 2022
Founder and editor-in-chief Imran Amed unpacks findings from BoF’s Sustainability Index with the authors of the report.
A Crash Course on The BoF Sustainability Index 2022
Founder and editor-in-chief Imran Amed unpacks findings from BoF’s Sustainability Index with the authors of the report.
Sustainability
How Do the Biggest Companies in Sportswear Score on Sustainability?
Puma tops The BoF Sustainability Index 2022, but Skechers, Fila Holdings and Anta Sports all rank in the assessment’s bottom five.
How Do the Biggest Companies in Sportswear Score on Sustainability?
Puma tops The BoF Sustainability Index 2022, but Skechers, Fila Holdings and Anta Sports all rank in the assessment’s bottom five.
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.