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
China
Media Exodus Risks Chinese Fashion Upset
Several big editorial departures could impact China’s fashion media and change the balance of power within the industry.
Media Exodus Risks Chinese Fashion Upset
Several big editorial departures could impact China’s fashion media and change the balance of power within the industry.
Financial Markets
What Trump’s Trade War Means for Fashion
As fears of a trade war begin to ebb, the tension felt by supply chain leaders appears to be lifting. But given president Trump’s characteristic unpredictability, the fashion industry is not out of the woods yet.
What Trump’s Trade War Means for Fashion
As fears of a trade war begin to ebb, the tension felt by supply chain leaders appears to be lifting. But given president Trump’s characteristic unpredictability, the fashion industry is not out of the woods yet.
Fashion Week
Tokyo’s Cult of Exclusivity Rules Fashion Week
Fashion week in Japan leaves outsiders feeling both highly impressed and highly frustrated, as many talented designers seem uninterested in doing business abroad.
Tokyo’s Cult of Exclusivity Rules Fashion Week
Fashion week in Japan leaves outsiders feeling both highly impressed and highly frustrated, as many talented designers seem uninterested in doing business abroad.
Retail
Korea’s Lightning Fast Fashion
Seoul’s awe-inspiring Dongdaemun garment district makes it hard for the likes of H&M to compete in one of Asia’s most influential fashion markets. BoF investigates the hyper-local, hyper-connected competition.
Korea’s Lightning Fast Fashion
Seoul’s awe-inspiring Dongdaemun garment district makes it hard for the likes of H&M to compete in one of Asia’s most influential fashion markets. BoF investigates the hyper-local, hyper-connected competition.
Sustainability
Sustainable Fashion Takes Charge in Australia
Australia's fashion industry is turning to sustainability to reshape its perception on the global stage.
Sustainable Fashion Takes Charge in Australia
Australia's fashion industry is turning to sustainability to reshape its perception on the global stage.
China
Chinese Consumers Spent $146 Billion Over Spring Festival
As China ushered in the Year of the Dog with a flurry of spending, who were the biggest winners and losers? BoF investigates in this month's China Edit.
Chinese Consumers Spent $146 Billion Over Spring Festival
As China ushered in the Year of the Dog with a flurry of spending, who were the biggest winners and losers? BoF investigates in this month's China Edit.
Global Markets
China’s Rich Kids Get Entrepreneurial
The stereotype of China’s super-rich second generation continues to haunt many so-called “fuerdai,” who are criticised for their lavish lifestyles and vanity projects, but some are eager to disprove the notion they are spoiled slackers.
China’s Rich Kids Get Entrepreneurial
The stereotype of China’s super-rich second generation continues to haunt many so-called “fuerdai,” who are criticised for their lavish lifestyles and vanity projects, but some are eager to disprove the notion they are spoiled slackers.
Global Markets
Top Chinese Fashion Groups Jostle for Market Share
Chinese fashion groups like EPO are keeping one step ahead by diversifying their portfolios and upgrading product ranges.
Top Chinese Fashion Groups Jostle for Market Share
Chinese fashion groups like EPO are keeping one step ahead by diversifying their portfolios and upgrading product ranges.
Global Markets
Can Hong Kong Keep the Cool Factor?
Hong Kong has long been a key player in the global fashion business, but as the creative industries become ever stronger on the Chinese Mainland, the city is losing its influence.
Can Hong Kong Keep the Cool Factor?
Hong Kong has long been a key player in the global fashion business, but as the creative industries become ever stronger on the Chinese Mainland, the city is losing its influence.
China
Chinese Investors Pile Into Global Fashion Businesses
In this month’s China Edit, BoF explores the flurry of activity from Chinese firms investing in the fashion sector.
Chinese Investors Pile Into Global Fashion Businesses
In this month’s China Edit, BoF explores the flurry of activity from Chinese firms investing in the fashion sector.
Global Markets
Spain and Portugal Reboot the Iberian Fashion Market
As Spain and Portugal return to pre-crisis growth and tourism levels, who will be the winners and losers as new global players enter the market?
Spain and Portugal Reboot the Iberian Fashion Market
As Spain and Portugal return to pre-crisis growth and tourism levels, who will be the winners and losers as new global players enter the market?
Global Markets
The Growing Power of Latin Fashion Media
Latin America boasts a colourful deck of beloved, local magazines that continue to persuade loyal readers to buy fashion and luxury, despite turbulent times for print media.
The Growing Power of Latin Fashion Media
Latin America boasts a colourful deck of beloved, local magazines that continue to persuade loyal readers to buy fashion and luxury, despite turbulent times for print media.
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.