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.
fur
Sustainability
Social Goods | H&M's Graffiti Lawsuit Scandal, Fur Trade in China Powers Ahead
This week, H&M is under fire for issuing a lawsuit against street artist, while fur in China thrives despite the likes of Versace going fur-free.
Social Goods | H&M's Graffiti Lawsuit Scandal, Fur Trade in China Powers Ahead
This week, H&M is under fire for issuing a lawsuit against street artist, while fur in China thrives despite the likes of Versace going fur-free.
News & Analysis
Versace and Furla Go Fur Free
Both the brands said they would stop using real fur in their collections, joining a growing list of luxury labels turning their backs on fur.
Versace and Furla Go Fur Free
Both the brands said they would stop using real fur in their collections, joining a growing list of luxury labels turning their backs on fur.
News & Analysis
Norway to Ban Fur Farms as Fox and Mink Go Out of Fashion
Animal rights group Noah hailed the decision as part of a shift against what it views as an outdated and cruel business with dwindling appeal to fashion-conscious consumers.
Norway to Ban Fur Farms as Fox and Mink Go Out of Fashion
Animal rights group Noah hailed the decision as part of a shift against what it views as an outdated and cruel business with dwindling appeal to fashion-conscious consumers.
News & Analysis
Is Your ‘Faux Fur’ Really Fake?
Cheaply available animal fur and opaque supply chains have contributed to the rise of genuine fur advertised and sold as faux.
Is Your ‘Faux Fur’ Really Fake?
Cheaply available animal fur and opaque supply chains have contributed to the rise of genuine fur advertised and sold as faux.
News & Analysis
Michael Kors Commits to Going Fur-Free in 2018
The American accessible luxury brand is the latest company to adopt a fur-free policy, effective in 2018.
Michael Kors Commits to Going Fur-Free in 2018
The American accessible luxury brand is the latest company to adopt a fur-free policy, effective in 2018.
News & Analysis
The Great Fur Debate
Is fur unethical and inhumane or sustainable and good for business? Leaders representing both sides of the fur debate presented their arguments in back-to-back remarks on the #BoFVOICES stage. Watch now.
The Great Fur Debate
Is fur unethical and inhumane or sustainable and good for business? Leaders representing both sides of the fur debate presented their arguments in back-to-back remarks on the #BoFVOICES stage. Watch now.
News & Analysis
Will Millennials Boost the Fur Trade?
Millennial-friendly megabrands like Gucci are going fur-free, but the $40 billion global fur industry is working hard to reinvent itself for a new generation of consumers.
Will Millennials Boost the Fur Trade?
Millennial-friendly megabrands like Gucci are going fur-free, but the $40 billion global fur industry is working hard to reinvent itself for a new generation of consumers.
News & Analysis
Making Sense of the Anti-Fur Protests at London Fashion Week
This season, London Fashion Week was met with activism on a much bigger scale than usual, with protests outside Burberry, Gareth Pugh and the British Fashion Council’s show space.
Making Sense of the Anti-Fur Protests at London Fashion Week
This season, London Fashion Week was met with activism on a much bigger scale than usual, with protests outside Burberry, Gareth Pugh and the British Fashion Council’s show space.
News & Analysis
Social Goods | The Exploitation of Influencers, the Appeal of Genderless Fashion
This week, why becoming an influencer is the new unpaid internship, and the blurring of gender boundaries in fashion.
Social Goods | The Exploitation of Influencers, the Appeal of Genderless Fashion
This week, why becoming an influencer is the new unpaid internship, and the blurring of gender boundaries in fashion.
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.
Retail
How Charlotte Simone Built a Multi-Million Dollar Scarf Brand
Charlotte Beecham, 27, started her scarf business just four years ago. Today, revenues are now in the multi-millions with sales growing 40 percent in the past year.
How Charlotte Simone Built a Multi-Million Dollar Scarf Brand
Charlotte Beecham, 27, started her scarf business just four years ago. Today, revenues are now in the multi-millions with sales growing 40 percent in the past year.
Sustainability
Social Goods | 14-Year-Old H&M Factory Workers, Burkini Debate, Amazon's Tax Bill
This week, H&M has taken action against factories employing 14-year-olds, and the burkini debate continues.
Social Goods | 14-Year-Old H&M Factory Workers, Burkini Debate, Amazon's Tax Bill
This week, H&M has taken action against factories employing 14-year-olds, and the burkini debate continues.
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.