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.
jewellery
Direct-to-Consumer
Case Study | Building a DTC Challenger Brand
Fashion entrepreneurs need a new playbook to launch, scale and differentiate their companies, as regulations and rising costs mean performance marketing can no longer serve the critical role it once did for DTC brands. Finding the right positioning and capturing market share can mean going back to the brand-building basics, as BoF profiles of Gymshark, Hodinkee and Mejuri show.
Case Study | Building a DTC Challenger Brand
Fashion entrepreneurs need a new playbook to launch, scale and differentiate their companies, as regulations and rising costs mean performance marketing can no longer serve the critical role it once did for DTC brands. Finding the right positioning and capturing market share can mean going back to the brand-building basics, as BoF profiles of Gymshark, Hodinkee and Mejuri show.
Luxury
As Travel Booms, Fashion’s Hospitality Ambitions Heat Up
As travel bounces back after two-plus years of limited trips, fashion-branded hotels have gained fresh momentum.
As Travel Booms, Fashion’s Hospitality Ambitions Heat Up
As travel bounces back after two-plus years of limited trips, fashion-branded hotels have gained fresh momentum.
China
Why Jewellers Are Still Betting on Hong Kong
After mass protests and some of the world’s toughest pandemic restrictions devastated Hong Kong’s luxury market, the city is still a vital B2B hub for the jewellery sector.
Why Jewellers Are Still Betting on Hong Kong
After mass protests and some of the world’s toughest pandemic restrictions devastated Hong Kong’s luxury market, the city is still a vital B2B hub for the jewellery sector.
Retail
What Happens When the E-Commerce Boom Ends
Online sales growth is slowing, returning to its pre-pandemic trajectory. As shoppers head back into the store, their new expectations around service set the stage for the next chapter of retail.
What Happens When the E-Commerce Boom Ends
Online sales growth is slowing, returning to its pre-pandemic trajectory. As shoppers head back into the store, their new expectations around service set the stage for the next chapter of retail.
Luxury
What Will Sanctions Against Russian Diamonds Mean for Jewellery?
The sanctions against the Russian diamonds now have the diamond trade at the centre of the war, and could send jewellery companies reeling.
What Will Sanctions Against Russian Diamonds Mean for Jewellery?
The sanctions against the Russian diamonds now have the diamond trade at the centre of the war, and could send jewellery companies reeling.
Global Markets
Rich Russians Spend Big on Luxury to Stop Savings Melting Away
As sanctions take their toll, Russia’s wealthy are turning to luxury jewellery and watches in a bid to preserve the value of their savings.
Rich Russians Spend Big on Luxury to Stop Savings Melting Away
As sanctions take their toll, Russia’s wealthy are turning to luxury jewellery and watches in a bid to preserve the value of their savings.
Sustainability
Gem Traders Turn to DNA Tracing, Blockchain to Clean Up Supply Chains
Trade in emeralds, rubies and sapphires have been linked to human rights abuses and funding armed conflict, terrorism and military dictatorships. The industry is struggling to find a solution.
Gem Traders Turn to DNA Tracing, Blockchain to Clean Up Supply Chains
Trade in emeralds, rubies and sapphires have been linked to human rights abuses and funding armed conflict, terrorism and military dictatorships. The industry is struggling to find a solution.
Retail
Why Fashion Still Hasn’t Cracked Rental
The recent shuttering of rental start-up Seasons highlights how logistics costs and uncertain cash flow have dimmed the prospects of a once-hot retail concept.
Why Fashion Still Hasn’t Cracked Rental
The recent shuttering of rental start-up Seasons highlights how logistics costs and uncertain cash flow have dimmed the prospects of a once-hot retail concept.
Luxury
Repurposing Family Jewellery Is Becoming a Big Business
A handful of small boutique jewellery companies have recently been focussing on custom pieces that repurpose gemstones, as shoppers look to redesign jewellery they already own or have inherited.
Repurposing Family Jewellery Is Becoming a Big Business
A handful of small boutique jewellery companies have recently been focussing on custom pieces that repurpose gemstones, as shoppers look to redesign jewellery they already own or have inherited.
Luxury
When High Jewellery Meets Lab-Grown Diamonds
Former executives from Harry Winston and Cartier are betting on recycled gold and lab-grown diamonds to revive a 160 year-old Paris jeweller favoured by Empress Eugénie and Anna Wintour.
When High Jewellery Meets Lab-Grown Diamonds
Former executives from Harry Winston and Cartier are betting on recycled gold and lab-grown diamonds to revive a 160 year-old Paris jeweller favoured by Empress Eugénie and Anna Wintour.
Workplace & Talent
Why Jewellery’s Diversity Problem Is So Hard to Fix
The industry is reckoning with a lack of opportunities for Black designers. But change comes slow in a world where money and connections often determine who has access to precious stones.
Why Jewellery’s Diversity Problem Is So Hard to Fix
The industry is reckoning with a lack of opportunities for Black designers. But change comes slow in a world where money and connections often determine who has access to precious stones.
Luxury
For Cartier, Love Is a Battlefield
With Tiffany’s LVMH-backed reboot making a splash, Cartier is trying to hit back with its own holiday push. Here’s what the campaign says about the Paris-based jewellery giant’s strategy.
For Cartier, Love Is a Battlefield
With Tiffany’s LVMH-backed reboot making a splash, Cartier is trying to hit back with its own holiday push. Here’s what the campaign says about the Paris-based jewellery giant’s strategy.
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.