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.
ipo
Financial Markets
The Drumroll to Farfetch’s $5 Billion IPO
Over the last year, the fashion ‘unicorn’ has made a series of major announcements designed, in part, to prime the market for a blockbuster IPO set for September 2018.
The Drumroll to Farfetch’s $5 Billion IPO
Over the last year, the fashion ‘unicorn’ has made a series of major announcements designed, in part, to prime the market for a blockbuster IPO set for September 2018.
News & Analysis
Fashion Unicorn Farfetch Will Soon Interview Bankers for Its New York IPO
"The IPO could come as soon as this year."
Fashion Unicorn Farfetch Will Soon Interview Bankers for Its New York IPO
"The IPO could come as soon as this year."
Technology
On Road to Autumn IPO, Farfetch Inks Middle East Deal
The fashion ‘unicorn’ has entered into a joint venture with Chalhoub Group ahead of a $5 billion IPO that is set for September 2018, according to sources close to the deal.
On Road to Autumn IPO, Farfetch Inks Middle East Deal
The fashion ‘unicorn’ has entered into a joint venture with Chalhoub Group ahead of a $5 billion IPO that is set for September 2018, according to sources close to the deal.
Financial Markets
Versace In 'No Rush' to List on Stock Market
The Italian fashion house has been considering a listing after US private equity Blackstone bought a 20 percent stake in 2014 to fund its overseas expansion.
Versace In 'No Rush' to List on Stock Market
The Italian fashion house has been considering a listing after US private equity Blackstone bought a 20 percent stake in 2014 to fund its overseas expansion.
Financial Markets
Report: Valentino to List 25 Percent of Company
The Italian fashion house's Qatari owner plans to sell around a quarter of the company in an IPO, which will not take place before the second half of 2018, according to a source close to the matter.
Report: Valentino to List 25 Percent of Company
The Italian fashion house's Qatari owner plans to sell around a quarter of the company in an IPO, which will not take place before the second half of 2018, according to a source close to the matter.
Financial Markets
BoF Exclusive | Stitch Fix Founder on How to Get to IPO
As the personal styling service debuts on the NASDAQ stock exchange today, Stitch Fix chief executive Katrina Lake shares the secrets to the company’s success.
BoF Exclusive | Stitch Fix Founder on How to Get to IPO
As the personal styling service debuts on the NASDAQ stock exchange today, Stitch Fix chief executive Katrina Lake shares the secrets to the company’s success.
Financial Markets
With $2 Billion IPO Under Belt, SMCP Plots China Growth
As SMCP goes public, BoF speaks to the company's co-founders and chief executive about the affordable luxury giant's trajectory and future ambitions.
With $2 Billion IPO Under Belt, SMCP Plots China Growth
As SMCP goes public, BoF speaks to the company's co-founders and chief executive about the affordable luxury giant's trajectory and future ambitions.
Financial Markets
Victoria's Secret Owner to Invest in Crystal International's $574 Million IPO
Victoria's Secret parent company L Brands Inc. committed to buy $10 million of the supplier's stock in the offering, while Uniqlo-owner Fast Retailing has agreed to buy $20 million of stock.
Victoria's Secret Owner to Invest in Crystal International's $574 Million IPO
Victoria's Secret parent company L Brands Inc. committed to buy $10 million of the supplier's stock in the offering, while Uniqlo-owner Fast Retailing has agreed to buy $20 million of stock.
Financial Markets
SMCP Could be Worth $2.4 Billion
The group, which owns the Sandro, Maje and Claudie Pierlot brands, is planning an IPO in Paris.
SMCP Could be Worth $2.4 Billion
The group, which owns the Sandro, Maje and Claudie Pierlot brands, is planning an IPO in Paris.
Financial Markets
Report: SMCP to File for IPO With a Valuation of up to $2.4 Billion
The French company behind fashion brands Sandro, Maje and Claudie Pierlot, which is controlled by China's Shandong Ruyi, is expected to list in Paris this autumn.
Report: SMCP to File for IPO With a Valuation of up to $2.4 Billion
The French company behind fashion brands Sandro, Maje and Claudie Pierlot, which is controlled by China's Shandong Ruyi, is expected to list in Paris this autumn.
Marketing
News Bites | Calvin Klein's New Campaign, Is Farfetch Edging Closer to IPO?
In today's News Bites, Raf Simons gets meta with his new Calvin Klein campaign, while sources say Farfetch could go public within the next six months.
News Bites | Calvin Klein's New Campaign, Is Farfetch Edging Closer to IPO?
In today's News Bites, Raf Simons gets meta with his new Calvin Klein campaign, while sources say Farfetch could go public within the next six months.
News & Analysis
Stitch Fix Has Hired a New CFO. An IPO Probably Comes Next.
"Stitch Fix has hired a new chief financial officer who many industry insiders believe will soon guide the company to an IPO."
Stitch Fix Has Hired a New CFO. An IPO Probably Comes Next.
"Stitch Fix has hired a new chief financial officer who many industry insiders believe will soon guide the company to an IPO."
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.