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.
health-and-wellness
Latest News & Analysis
Beauty
How Beauty Brands Are Making Health Products Trendy
Thanks to the pandemic, the convergence of beauty, health and wellness is set to accelerate even faster.
How Beauty Brands Are Making Health Products Trendy
Thanks to the pandemic, the convergence of beauty, health and wellness is set to accelerate even faster.
Beauty
Report: DTC Wellness Brand Hims Seeks Deal to Go Public
The healthcare brand is exploring the potential deal through a merger with a blank-check acquisition company that could value it at more than $1 billion.
Report: DTC Wellness Brand Hims Seeks Deal to Go Public
The healthcare brand is exploring the potential deal through a merger with a blank-check acquisition company that could value it at more than $1 billion.
China
The Fitness Fashion Frenzy That Just Got Bigger
As health and wellness spikes in post-quarantine China, some consumers are likely to prioritise posh gym gear over traditional luxury goods. At least for a little while.
The Fitness Fashion Frenzy That Just Got Bigger
As health and wellness spikes in post-quarantine China, some consumers are likely to prioritise posh gym gear over traditional luxury goods. At least for a little while.
Beauty
Online Fitness Gurus Serve Self-Isolating Exercise Buffs
With a rising number of people forced to stay in, sign-ups for on-demand streaming fitness classes are increasing during the coronavirus crisis.
Online Fitness Gurus Serve Self-Isolating Exercise Buffs
With a rising number of people forced to stay in, sign-ups for on-demand streaming fitness classes are increasing during the coronavirus crisis.
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Beauty
The $100 Tube of Toothpaste Is Here
The global toothpaste market was valued at $26 billion in 2018 and is expected to reach $36 billion by 2024, and a new crop of more decadent products is now carving out a share.
The $100 Tube of Toothpaste Is Here
The global toothpaste market was valued at $26 billion in 2018 and is expected to reach $36 billion by 2024, and a new crop of more decadent products is now carving out a share.
News & Analysis
The Hypocrisy of SoulCycle
"When gyms sell themselves as a sense of identity, eventually they have to define what they stand for."
The Hypocrisy of SoulCycle
"When gyms sell themselves as a sense of identity, eventually they have to define what they stand for."
Financial Markets
All Eyes On G20 As Trump and Xi Give Trade Talks Another Try
This week everyone will be talking about the trade talks at the G20 Summit, H&M's latest earnings and In Goop Health's first summit in London. Read our BoF Professional Cheat Sheet.
All Eyes On G20 As Trump and Xi Give Trade Talks Another Try
This week everyone will be talking about the trade talks at the G20 Summit, H&M's latest earnings and In Goop Health's first summit in London. Read our BoF Professional Cheat Sheet.
News & Analysis
A US Senator Takes on Detox Tea and the Influencers Who Promote It
Sen. Richard Blumenthal (D-CT) targeted the weight-loss aids and the influencers who endorse them in a letter to US regulators that called detox tea “ineffective at best and dangerous at worst.”
A US Senator Takes on Detox Tea and the Influencers Who Promote It
Sen. Richard Blumenthal (D-CT) targeted the weight-loss aids and the influencers who endorse them in a letter to US regulators that called detox tea “ineffective at best and dangerous at worst.”
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Beauty
Brazil's Natura to Invest in New Brands
The cosmetics company intends to invest in new brands in beauty and wellness segments in Europe and the United States through venture capital funds.
Brazil's Natura to Invest in New Brands
The cosmetics company intends to invest in new brands in beauty and wellness segments in Europe and the United States through venture capital funds.
Financial Markets
Gwyneth Paltrow's Goop Cashing in Despite 'Pseudoscience' Claims
To the surprise of the medical community, Gwyneth Paltrow's lifestyle brand has become the epicentre of the multi-trillion dollar wellness industry.
Gwyneth Paltrow's Goop Cashing in Despite 'Pseudoscience' Claims
To the surprise of the medical community, Gwyneth Paltrow's lifestyle brand has become the epicentre of the multi-trillion dollar wellness industry.
News & Analysis
Why Goop Is Equally Good at Selling Skincare, Sports Bras and Spices
Gwyneth Paltrow has parlayed her rabid Goop fanbase into a lucrative events business, including sold-out summits like last weekend's In Goop Health.
Why Goop Is Equally Good at Selling Skincare, Sports Bras and Spices
Gwyneth Paltrow has parlayed her rabid Goop fanbase into a lucrative events business, including sold-out summits like last weekend's In Goop Health.
Beauty
Why Beauty Needs to Jump on the Wellness Boom
Wellness retailers like Alo Yoga and Bandier offer a mix of clothing, food, experiences and, increasingly, beauty, while even haircare brands are dabbling in nutritional supplements. This week's Business of Beauty newsletter takes a look at how wellness is packaged and sold — and why beauty brands can't ignore the latest fitness trend.
Why Beauty Needs to Jump on the Wellness Boom
Wellness retailers like Alo Yoga and Bandier offer a mix of clothing, food, experiences and, increasingly, beauty, while even haircare brands are dabbling in nutritional supplements. This week's Business of Beauty newsletter takes a look at how wellness is packaged and sold — and why beauty brands can't ignore the latest fitness trend.
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.