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.
investment
Entrepreneurship
How to Grow a $100 Million Brand: Reinforcing Your Foundation | BoF Insights
In the third and final part of this series, BoF Insights spoke with investors and brand leaders about how to secure future growth before pursuing costly expansion activities in today’s tough financing environment.
How to Grow a $100 Million Brand: Reinforcing Your Foundation | BoF Insights
In the third and final part of this series, BoF Insights spoke with investors and brand leaders about how to secure future growth before pursuing costly expansion activities in today’s tough financing environment.
Beauty
How Bootstrapped Beauty Brands Are Growing
As the beauty industry has grown in value and saturation, emerging brands have often leant on outside investment to grow. But for those who don’t want – or can’t access – external funding, a more roundabout path is needed.
How Bootstrapped Beauty Brands Are Growing
As the beauty industry has grown in value and saturation, emerging brands have often leant on outside investment to grow. But for those who don’t want – or can’t access – external funding, a more roundabout path is needed.
Beauty
Summer Fridays Announces Growth Investment From TSG Consumer Partners
The influencer-founded beauty brand, known for its hybrid skincare and makeup products, will join private equity firm TSG’s brand roster.
Summer Fridays Announces Growth Investment From TSG Consumer Partners
The influencer-founded beauty brand, known for its hybrid skincare and makeup products, will join private equity firm TSG’s brand roster.
Luxury
Investors Pressure LVMH on Labour Rights After Dior Linked to Italian Sweatshops
Some shareholders are asking the luxury giant to take more aggressive steps to monitor its supply chain after Italian prosecutors alleged factories manufacturing for Dior exploited workers.
Investors Pressure LVMH on Labour Rights After Dior Linked to Italian Sweatshops
Some shareholders are asking the luxury giant to take more aggressive steps to monitor its supply chain after Italian prosecutors alleged factories manufacturing for Dior exploited workers.
Direct-to-Consumer
How to Get Customers to Shop Online
Fashion e-commerce winners are using new personalisation techniques to boost sales, but doing so doesn’t necessarily require expensive software upgrades.
How to Get Customers to Shop Online
Fashion e-commerce winners are using new personalisation techniques to boost sales, but doing so doesn’t necessarily require expensive software upgrades.
Retail
Macy’s Ends Buyout Talks With Activist Investors
The American retailer has effectively closed the door on the take-private offer from real estate firms Arkhouse Management and Brigade Capital. The company’s stock plunged on the news.
Macy’s Ends Buyout Talks With Activist Investors
The American retailer has effectively closed the door on the take-private offer from real estate firms Arkhouse Management and Brigade Capital. The company’s stock plunged on the news.
Retail
Pamela Love Buys Back Her Brand
The jewellery designer sees opportunities in her ear piercing and engagement assortments, seeking new investors to fund this next stage of growth.
Pamela Love Buys Back Her Brand
The jewellery designer sees opportunities in her ear piercing and engagement assortments, seeking new investors to fund this next stage of growth.
Beauty
Have Incubators Outlived Their Purpose?
Two of Luxury Brand Partners’ biggest lines, One/Size and IGK Hair, announced their entrance into the M&A fray. With strong financial profiles, they both should be desirable to acquirers, but brand incubators haven’t had the success they did in the 2010s.
Have Incubators Outlived Their Purpose?
Two of Luxury Brand Partners’ biggest lines, One/Size and IGK Hair, announced their entrance into the M&A fray. With strong financial profiles, they both should be desirable to acquirers, but brand incubators haven’t had the success they did in the 2010s.
Beauty
Patrick Starrr’s One/Size and IGK Hair Explore Exit Options
Beauty brand incubator Luxury Brand Partners, owner of the premium cosmetics and hair care lines, has tapped The Sage Group to suss out their options. By getting to this stage, they’ve reached a tier many incubated brands don’t.
Patrick Starrr’s One/Size and IGK Hair Explore Exit Options
Beauty brand incubator Luxury Brand Partners, owner of the premium cosmetics and hair care lines, has tapped The Sage Group to suss out their options. By getting to this stage, they’ve reached a tier many incubated brands don’t.
Retail
The Stores Defining a New Era of Multi-Brand Retail
As department stores and online giants struggle, a new generation of independent boutiques are carving out their own path for success. Often that means eschewing easy online sales, investing in brick-and-mortar offerings and taking a chance on emerging labels.
The Stores Defining a New Era of Multi-Brand Retail
As department stores and online giants struggle, a new generation of independent boutiques are carving out their own path for success. Often that means eschewing easy online sales, investing in brick-and-mortar offerings and taking a chance on emerging labels.
Luxury
Op-Ed | Could LVMH Buy Richemont?
Acquiring Richemont would catapult LVMH into a completely different stratosphere to the rest of the luxury industry, writes Andrea Felsted.
Op-Ed | Could LVMH Buy Richemont?
Acquiring Richemont would catapult LVMH into a completely different stratosphere to the rest of the luxury industry, writes Andrea Felsted.
Luxury
Arnault Said to Have Bought Stake in Richemont
The stake was described by a source as “small” and part of a broader Arnault family-owned portfolio of investments in publicly listed companies.
Arnault Said to Have Bought Stake in Richemont
The stake was described by a source as “small” and part of a broader Arnault family-owned portfolio of investments in publicly listed companies.
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.