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.
funding
Financial Markets
How to Fund Your Fashion Business
Funding is one of the most perplexing aspects of growing a fashion start-up. BoF outlines what to know when going to investors.
How to Fund Your Fashion Business
Funding is one of the most perplexing aspects of growing a fashion start-up. BoF outlines what to know when going to investors.
Financial Markets
Mansur Gavriel Exploring Sale of Minority Stake
The millennial accessories label is entertaining inbound offers from both strategic players and private equity firms, BoF has learned.
Mansur Gavriel Exploring Sale of Minority Stake
The millennial accessories label is entertaining inbound offers from both strategic players and private equity firms, BoF has learned.
China
Adrian Cheng Plans China Rollout for Flont, Moda Operandi
Flont's latest $12 million fundraising round, led by the entrepreneur, will fuel its expansion to more than 50 locations in China. Meanwhile, the Chinese debut for Moda, Bandier and Beautycon are also in the works.
Adrian Cheng Plans China Rollout for Flont, Moda Operandi
Flont's latest $12 million fundraising round, led by the entrepreneur, will fuel its expansion to more than 50 locations in China. Meanwhile, the Chinese debut for Moda, Bandier and Beautycon are also in the works.
News & Analysis
Gwyneth Paltrow's Lifestyle Company Goop Raises $50 Million Series C
"The newest investment will fund its international expansion, the company says, adding that it will specifically focus on expanding e-commerce into
Gwyneth Paltrow's Lifestyle Company Goop Raises $50 Million Series C
"The newest investment will fund its international expansion, the company says, adding that it will specifically focus on expanding e-commerce into
News & Analysis
Warby Parker Raises Another $75 Million, Declares Profitability on Road to IPO
The disruptive eyewear company is now valued at $1.75 billion, with a public flotation on the horizon.
Warby Parker Raises Another $75 Million, Declares Profitability on Road to IPO
The disruptive eyewear company is now valued at $1.75 billion, with a public flotation on the horizon.
Financial Markets
A Guide to Early-Stage Fundraising
Nascent brands often seek external capital to fuel future growth — or simply stay afloat. But how much money should start-ups really be raising, when and from where?
A Guide to Early-Stage Fundraising
Nascent brands often seek external capital to fuel future growth — or simply stay afloat. But how much money should start-ups really be raising, when and from where?
China
JD.com Targets $2 Billion Fundraising at Logistics Unit
China’s second-biggest e-commerce firm has kicked off a fundraising round at its logistics unit, with a target of at least $2 billion, and eventually plans to list the business overseas.
JD.com Targets $2 Billion Fundraising at Logistics Unit
China’s second-biggest e-commerce firm has kicked off a fundraising round at its logistics unit, with a target of at least $2 billion, and eventually plans to list the business overseas.
News & Analysis
Reformation Raises $25 Million to Fuel Brick-and-Mortar Growth
Founder and chief executive Yael Aflalo will use the Series B round of financing, led by Stripes Group with participation from 14W andImaginary Ventures, to open more tech-enabled retail locations.
Reformation Raises $25 Million to Fuel Brick-and-Mortar Growth
Founder and chief executive Yael Aflalo will use the Series B round of financing, led by Stripes Group with participation from 14W andImaginary Ventures, to open more tech-enabled retail locations.
Financial Markets
Carmen Busquets Leads Seed Funding for Maison-De-Mode.com
The luxury ethical retailer plans to use the capital to help scale the business further by growing the size of the company's team, investing in new technologies and expanding into new product categories.
Carmen Busquets Leads Seed Funding for Maison-De-Mode.com
The luxury ethical retailer plans to use the capital to help scale the business further by growing the size of the company's team, investing in new technologies and expanding into new product categories.
News & Analysis
Natalie Massenet Joins Seed Funding for Hosiery Start-Up Heist
Other investors in the £2 million funding round include Bella Freud and Alexachung investor Pembroke VCT, and the founders of the Innocent Drinks company.
Natalie Massenet Joins Seed Funding for Hosiery Start-Up Heist
Other investors in the £2 million funding round include Bella Freud and Alexachung investor Pembroke VCT, and the founders of the Innocent Drinks company.
Technology
Report: Poshmark in Talks to Raise Funding
The fashion re-commerce platform is reportedly in talks to raise more than $50 million in a funding round that could value the startup at roughly $600 million.
Report: Poshmark in Talks to Raise Funding
The fashion re-commerce platform is reportedly in talks to raise more than $50 million in a funding round that could value the startup at roughly $600 million.
News & Analysis
News Bites | The RealReal Raises $50 Million, Yoox Net-a-Porter Says No to Fur
In today's News Bites, the RealReal adds more cash to its coffers, while the Yoox Net-a-Porter Group has adopted a company-wide no-fur policy.
News Bites | The RealReal Raises $50 Million, Yoox Net-a-Porter Says No to Fur
In today's News Bites, the RealReal adds more cash to its coffers, while the Yoox Net-a-Porter Group has adopted a company-wide no-fur policy.
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.