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.
haute-couture
Latest News & Analysis
Beauty
What Happened to Pat McGrath Labs?
The brand founded by the legendary makeup artist nearly a decade ago is struggling. Once valued at over $1 billion, the line is worth a fraction of that today. Multiple rounds of layoffs, and signs of behind-the-scenes turmoil raise questions about what went wrong and how the business can get back on track.
What Happened to Pat McGrath Labs?
The brand founded by the legendary makeup artist nearly a decade ago is struggling. Once valued at over $1 billion, the line is worth a fraction of that today. Multiple rounds of layoffs, and signs of behind-the-scenes turmoil raise questions about what went wrong and how the business can get back on track.
Fashion Week
Why Does Fashion Need Haute Couture?
On Monday at 10 a.m., a swarm of extremely well-heeled clients — dressed in Schiaparelli looks, holding Schiaparelli bags and wearing bright gold Schiaparelli jewellery, often the same pieces, from the same collections — proceeded en masse into the Petit Palais in Paris.
Why Does Fashion Need Haute Couture?
On Monday at 10 a.m., a swarm of extremely well-heeled clients — dressed in Schiaparelli looks, holding Schiaparelli bags and wearing bright gold Schiaparelli jewellery, often the same pieces, from the same collections — proceeded en masse into the Petit Palais in Paris.
Fashion Week
At Couture, a Château, a Diamond Necklace and a Bouquet of Red Roses
Is it a love story, a murder mystery, or the last day of the couture shows? asks Tim Blanks.
At Couture, a Château, a Diamond Necklace and a Bouquet of Red Roses
Is it a love story, a murder mystery, or the last day of the couture shows? asks Tim Blanks.
Fashion Week
Paris Couture Week: All or Nothing
Couture Week was a polarised affair, opposing restraint and excess, technique and showmanship, real clothes and wild storytelling, with little in between, writes Angelo Flaccavento.
Paris Couture Week: All or Nothing
Couture Week was a polarised affair, opposing restraint and excess, technique and showmanship, real clothes and wild storytelling, with little in between, writes Angelo Flaccavento.
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Fashion Week
Big Wednesday in Paris with Demna and Dossena
Strong design signatures from the past prove you can go back to the future at Balenciaga and Jean Paul Gaultier, writes Tim Blanks.
Big Wednesday in Paris with Demna and Dossena
Strong design signatures from the past prove you can go back to the future at Balenciaga and Jean Paul Gaultier, writes Tim Blanks.
Fashion Week
Chanel Takes Us to the River
Virginie Viard is the latest designer to join in fashion’s pre-Olympic celebration of Paris, both as city and state of mind, writes Tim Blanks.
Chanel Takes Us to the River
Virginie Viard is the latest designer to join in fashion’s pre-Olympic celebration of Paris, both as city and state of mind, writes Tim Blanks.
Fashion Week
Couture on the Edge of Darkness
How does haute couture cope in Paris when real life intrudes, asks Tim Blanks.
Couture on the Edge of Darkness
How does haute couture cope in Paris when real life intrudes, asks Tim Blanks.
Luxury
The BoF Podcast: Daniel Roseberry on the Schiaparelli Challenge
The artistic director tells Tim Blanks about reigniting the surrealist maison, and why fashion doesn’t have to be ‘relevant’ right now.
The BoF Podcast: Daniel Roseberry on the Schiaparelli Challenge
The artistic director tells Tim Blanks about reigniting the surrealist maison, and why fashion doesn’t have to be ‘relevant’ right now.
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Luxury
Matthew Williams’ Plan for Givenchy
Ahead of his debut at the storied French couture house, the former Gaga collaborator and founder of street-luxe label Alyx talks exclusively to Tim Blanks.
Matthew Williams’ Plan for Givenchy
Ahead of his debut at the storied French couture house, the former Gaga collaborator and founder of street-luxe label Alyx talks exclusively to Tim Blanks.
Fashion Week
Tim Blanks’ Top Fashion Shows of All-Time: Chanel Haute Couture, January 22, 2013
BoF's editor-at-large travels back to Karl Lagerfeld’s Shakespearean Fairyland, when he transformed the Grand Palais into a forest right out of 'A Midsummer Night's Dream.'
Tim Blanks’ Top Fashion Shows of All-Time: Chanel Haute Couture, January 22, 2013
BoF's editor-at-large travels back to Karl Lagerfeld’s Shakespearean Fairyland, when he transformed the Grand Palais into a forest right out of 'A Midsummer Night's Dream.'
Fashion Week
Valentino Delivered the Digital Experience the Industry Has Been Waiting For
Designer Pierpaolo Piccioli says digital can be a new communication tool in fashion as long as the human remains at the centre.
Valentino Delivered the Digital Experience the Industry Has Been Waiting For
Designer Pierpaolo Piccioli says digital can be a new communication tool in fashion as long as the human remains at the centre.
Retail
Coronavirus Lockdowns Return in the US
This week, everyone will be talking about Valentino's couture show and the worsening coronavirus pandemic in the US. Get your BoF Professional Cheat Sheet.
Coronavirus Lockdowns Return in the US
This week, everyone will be talking about Valentino's couture show and the worsening coronavirus pandemic in the US. Get your BoF Professional Cheat Sheet.
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.