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.
footwear
Luxury
Tod's Owner Della Valle Buys Further One Percent in Group
The move follows the purchase of a similar 1 percent stake last week when the stock was hit by the weak 2018 sales figures.
Tod's Owner Della Valle Buys Further One Percent in Group
The move follows the purchase of a similar 1 percent stake last week when the stock was hit by the weak 2018 sales figures.
Retail
UK Retailer Footasylum Cuts Profit Outlook After Disappointing Christmas
Shares plunged to a record low after the company said its full-year core earnings would come in at the lower end of analysts' estimates.
UK Retailer Footasylum Cuts Profit Outlook After Disappointing Christmas
Shares plunged to a record low after the company said its full-year core earnings would come in at the lower end of analysts' estimates.
Fashion Week
Nike Engineering a Rebound for Jordan Brand
This week, everyone will be talking about Nike's earnings, the Autumn/Winter 2019 fashion calendar and the holiday retail landscape. Read our BoF Professional Cheat Sheet.
Nike Engineering a Rebound for Jordan Brand
This week, everyone will be talking about Nike's earnings, the Autumn/Winter 2019 fashion calendar and the holiday retail landscape. Read our BoF Professional Cheat Sheet.
News & Analysis
Crocs to Buy Back 50 Percent of Blackstone Preferred Stake
The footwear maker will buy back and convert some of the preferred shares held by Blackstone Group in the latest sign that its multiyear turnaround effort is paying off.
Crocs to Buy Back 50 Percent of Blackstone Preferred Stake
The footwear maker will buy back and convert some of the preferred shares held by Blackstone Group in the latest sign that its multiyear turnaround effort is paying off.
News & Analysis
Steph Curry Tells Under Armour to Market His Shoes to Girls
Until recently, the sportswear maker's website listed the 'Curry 5' shoe as an option for only men, women and boys.
Steph Curry Tells Under Armour to Market His Shoes to Girls
Until recently, the sportswear maker's website listed the 'Curry 5' shoe as an option for only men, women and boys.
Luxury
Manolo Blahnik Returns to Paris
The footwear designer is opening his first free-standing store in Paris and is eyeing Asia for future growth with new boutiques in Tokyo and Taipei.
Manolo Blahnik Returns to Paris
The footwear designer is opening his first free-standing store in Paris and is eyeing Asia for future growth with new boutiques in Tokyo and Taipei.
News & Analysis
Wanda Ferragamo, Matriarch of Famed Shoemaker, Dies at 96
Wanda turned the shoemaker into an international fashion powerhouse by extending the business to accessories and clothing.
Wanda Ferragamo, Matriarch of Famed Shoemaker, Dies at 96
Wanda turned the shoemaker into an international fashion powerhouse by extending the business to accessories and clothing.
Luxury
Midnight 00 Is the Antidote to the Sneaker Hype Gripping Footwear
The demi-couture footwear label, founded by stylist and street style star Ada Kokosar, is bringing back opulent heels in a time when trainers reign supreme.
Midnight 00 Is the Antidote to the Sneaker Hype Gripping Footwear
The demi-couture footwear label, founded by stylist and street style star Ada Kokosar, is bringing back opulent heels in a time when trainers reign supreme.
News & Analysis
Adidas Launches Collaboration with Cult-Sneaker Store Footpatrol
The German sportswear brand unveiled its latest Consortium collaboration as it continues to explore the potential of digital light synthesis 3D printing technology.
Adidas Launches Collaboration with Cult-Sneaker Store Footpatrol
The German sportswear brand unveiled its latest Consortium collaboration as it continues to explore the potential of digital light synthesis 3D printing technology.
Luxury
Tamara Mellon Plots Next Steps
The direct-to-consumer footwear brand is opening its first brick-and-mortar store in Los Angeles after a $24 million Series B funding round.
Tamara Mellon Plots Next Steps
The direct-to-consumer footwear brand is opening its first brick-and-mortar store in Los Angeles after a $24 million Series B funding round.
Financial Markets
Manu Atelier Expands Into Footwear
The Turkish handbag label, known for its geometric designs, is launching footwear in October and will present the collection during Paris Fashion Week.
Manu Atelier Expands Into Footwear
The Turkish handbag label, known for its geometric designs, is launching footwear in October and will present the collection during Paris Fashion Week.
Retail
How Zalando Is Fighting Off Amazon and Building the Spotify of Fashion
Ten years ago, Robert Gentz and David Schneider founded what has become Europe’s biggest fashion e-commerce player. Now, Amazon is targeting their turf, but the duo has bigger plans: an operating system for fashion.
How Zalando Is Fighting Off Amazon and Building the Spotify of Fashion
Ten years ago, Robert Gentz and David Schneider founded what has become Europe’s biggest fashion e-commerce player. Now, Amazon is targeting their turf, but the duo has bigger plans: an operating system for fashion.
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.