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.
global-currents
Media
Secrets of the Supermodel Trade
Operating quietly under the radar, a network of ‘mother agencies’ across Africa and Asia are busy scouting for the next supermodel, making a fortune in commission while boosting diversity in the fashion capitals.
Secrets of the Supermodel Trade
Operating quietly under the radar, a network of ‘mother agencies’ across Africa and Asia are busy scouting for the next supermodel, making a fortune in commission while boosting diversity in the fashion capitals.
Retail
Billion-Dollar Retailer Reveals Future Plans for China
At the helm of a 750-store network across Greater China, Sham Kar Wai knows a thing or two about the Chinese consumer. On the eve of I.T Group’s 30th anniversary, the founder and CEO explains how he will double down on the market.
Billion-Dollar Retailer Reveals Future Plans for China
At the helm of a 750-store network across Greater China, Sham Kar Wai knows a thing or two about the Chinese consumer. On the eve of I.T Group’s 30th anniversary, the founder and CEO explains how he will double down on the market.
China
Future-Proofing the Ermenegildo Zegna Group
The recent acquisition of Thom Browne and a more casual approach to product are keeping the menswear giant one step ahead, says chief executive Ermenegildo Zegna.
Future-Proofing the Ermenegildo Zegna Group
The recent acquisition of Thom Browne and a more casual approach to product are keeping the menswear giant one step ahead, says chief executive Ermenegildo Zegna.
China
In a Digital World, Harrods Bets on Tradition
The British department store’s CEO believes tradition will give the business a competitive edge in a fast-changing market.
In a Digital World, Harrods Bets on Tradition
The British department store’s CEO believes tradition will give the business a competitive edge in a fast-changing market.
Retail
Gucci’s Roadmap for Growth
President and chief executive Marco Bizzarri talks future growth, that leaked video message to employees and continued trouble with China’s e-commerce ecosystem.
Gucci’s Roadmap for Growth
President and chief executive Marco Bizzarri talks future growth, that leaked video message to employees and continued trouble with China’s e-commerce ecosystem.
China
Navigating New Business Frontiers at the BoF China Summit
Executives from Tmall, Tencent, Gucci, Ermenegildo Zegna, Harrods and Bulgari gathered during Shanghai Fashion Week to debate hot-button issues at the BoF China Summit.
Navigating New Business Frontiers at the BoF China Summit
Executives from Tmall, Tencent, Gucci, Ermenegildo Zegna, Harrods and Bulgari gathered during Shanghai Fashion Week to debate hot-button issues at the BoF China Summit.
Fashion Week
Shanghai’s Hotbed of Entrepreneurship
As the ecosystem around Shanghai Fashion Week matures, a young professional class of fashion upstarts are focused on finding new opportunities on and off the catwalk.
Shanghai’s Hotbed of Entrepreneurship
As the ecosystem around Shanghai Fashion Week matures, a young professional class of fashion upstarts are focused on finding new opportunities on and off the catwalk.
News & Analysis
How China’s Internet Moguls Are Rebooting Fashion
No one is pushing the country's fashion market further or faster than billionaire rivals Jack Ma and Pony Ma, the founders of Alibaba and Tencent.
How China’s Internet Moguls Are Rebooting Fashion
No one is pushing the country's fashion market further or faster than billionaire rivals Jack Ma and Pony Ma, the founders of Alibaba and Tencent.
Retail
New Asian Shoppers Drive Japan’s Travel Retail Boom
Big spenders from Indonesia, Thailand and Vietnam are making their mark on Japan’s travel retail market during peak tourist seasons like ‘hanami’ and ‘koyo’.
New Asian Shoppers Drive Japan’s Travel Retail Boom
Big spenders from Indonesia, Thailand and Vietnam are making their mark on Japan’s travel retail market during peak tourist seasons like ‘hanami’ and ‘koyo’.
Global Markets
Rebels Get Rehab in Colombia’s Fashion Industry
With 7,000 former FARC rebels trying to find their way back into civil society, Colombia’s $8 billion fashion industry has a unique role to play in the reconciliation of the country after 50-years of conflict. BoF investigates.
Rebels Get Rehab in Colombia’s Fashion Industry
With 7,000 former FARC rebels trying to find their way back into civil society, Colombia’s $8 billion fashion industry has a unique role to play in the reconciliation of the country after 50-years of conflict. BoF investigates.
News & Analysis
Inside Japan’s Biggest Fashion Festival
Tokyo Girls Collection is a shoppable mega-show so popular that it causes hysteria, but only a few brands outside Japan have tapped into this colossal direct-to-consumer opportunity.
Inside Japan’s Biggest Fashion Festival
Tokyo Girls Collection is a shoppable mega-show so popular that it causes hysteria, but only a few brands outside Japan have tapped into this colossal direct-to-consumer opportunity.
China
Tommy Hilfiger’s Pivot to Asia
Ahead of its TommyNow show in Shanghai, the brand shares its big plans for Asia. Standing in its way are a crowded marketplace, fickle consumers and the potential fallout from a trade war.
Tommy Hilfiger’s Pivot to Asia
Ahead of its TommyNow show in Shanghai, the brand shares its big plans for Asia. Standing in its way are a crowded marketplace, fickle consumers and the potential fallout from a trade war.
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.