Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
jewellery
China
As Luxury Suffers in Hong Kong, Tiffany Turns to Mainland China
With estimates of the Hong Kong luxury market falling by as much as 60 percent this year, luxury brands like Tiffany & Co. are redoubling their efforts on the mainland.
As Luxury Suffers in Hong Kong, Tiffany Turns to Mainland China
With estimates of the Hong Kong luxury market falling by as much as 60 percent this year, luxury brands like Tiffany & Co. are redoubling their efforts on the mainland.
Retail
Tiffany Plans More China Stores as Tourist Spending Falls
The weak yuan is detering Chinese consumers from spending overseas and they are shifting their luxury buying back home.
Tiffany Plans More China Stores as Tourist Spending Falls
The weak yuan is detering Chinese consumers from spending overseas and they are shifting their luxury buying back home.
News & Analysis
Slick Woods Launches a Jewellery Line That Aims to Fund Minority-Owned Businesses
The model and Instagram star partnered with other black creatives to found C1V1L, a direct-to-consumer brand with major ambitions to give back to the culture.
Slick Woods Launches a Jewellery Line That Aims to Fund Minority-Owned Businesses
The model and Instagram star partnered with other black creatives to found C1V1L, a direct-to-consumer brand with major ambitions to give back to the culture.
Retail
Struggling Jewellery Maker Pandora to Relaunch Brand
The Denmark-based company will completely revamp the design of its 2,700 shops worldwide, unveil a new logo, increase marketing campaigns featuring celebrities and launch themed collections.
Struggling Jewellery Maker Pandora to Relaunch Brand
The Denmark-based company will completely revamp the design of its 2,700 shops worldwide, unveil a new logo, increase marketing campaigns featuring celebrities and launch themed collections.
Luxury
Tiffany & Co. Quarterly Earnings Beat Estimates
The luxury jeweller was hurt by lower spending among tourists and political unrest in Hong Kong, sending same-store sales down 3 percent compared to an expected 1.3 percent drop, but had focused on the Mainland Chinese market.
Tiffany & Co. Quarterly Earnings Beat Estimates
The luxury jeweller was hurt by lower spending among tourists and political unrest in Hong Kong, sending same-store sales down 3 percent compared to an expected 1.3 percent drop, but had focused on the Mainland Chinese market.
News & Analysis
Tourists Aren't Shopping Like They Used To. Who Will Replace Them?
This week everyone will be talking about Tiffany & Co. and the declining tourist trade, the Venice Film Festival and fashion's climate pact. Read our BoF Professional Cheat Sheet.
Tourists Aren't Shopping Like They Used To. Who Will Replace Them?
This week everyone will be talking about Tiffany & Co. and the declining tourist trade, the Venice Film Festival and fashion's climate pact. Read our BoF Professional Cheat Sheet.
News & Analysis
This Start-Up Wants to Be the Etsy of Jewellery
Pietra connects a global network of independent jewellers with shoppers looking for custom pieces. Its investors include Robert Downey Jr., Will Smith and venture capital firm Andreessen Horowitz.
This Start-Up Wants to Be the Etsy of Jewellery
Pietra connects a global network of independent jewellers with shoppers looking for custom pieces. Its investors include Robert Downey Jr., Will Smith and venture capital firm Andreessen Horowitz.
News & Analysis
Pandora's Restructuring Efforts Show Small Signs of Recovery
The jeweller is struggling after new lines failed to entice shoppers, but is buying back older ranges from franchises and slimming down collections to try to improve its performance.
Pandora's Restructuring Efforts Show Small Signs of Recovery
The jeweller is struggling after new lines failed to entice shoppers, but is buying back older ranges from franchises and slimming down collections to try to improve its performance.
News & Analysis
Pandora Turns to Harry Potter in Bid to Relaunch Brand
Following poor results in key markets and waning favour from investors, the danish jewellery company has signed a contract with film production company Warner Bros. as part of its two-year restructuring plan.
Pandora Turns to Harry Potter in Bid to Relaunch Brand
Following poor results in key markets and waning favour from investors, the danish jewellery company has signed a contract with film production company Warner Bros. as part of its two-year restructuring plan.
News & Analysis
De Beers Allows Customers to Reject Small Diamonds to Appease Surplus Crisis
As demand for diamond jewellery is stagnant and high stocks of polished gems cuts margins, De Beers has told customers they can refuse to buy stones that are smaller than three-quarters of a carat.
De Beers Allows Customers to Reject Small Diamonds to Appease Surplus Crisis
As demand for diamond jewellery is stagnant and high stocks of polished gems cuts margins, De Beers has told customers they can refuse to buy stones that are smaller than three-quarters of a carat.
Luxury
Galeries Lafayette Buys Majority Stake in Jeweller Mauboussin
The deal, whose financial terms were not disclosed, follows Galeries Lafayette's 2012 acquisition of French jeweller Guerin.
Galeries Lafayette Buys Majority Stake in Jeweller Mauboussin
The deal, whose financial terms were not disclosed, follows Galeries Lafayette's 2012 acquisition of French jeweller Guerin.
Luxury
Gucci's Next Target: Place Vendôme
Major fashion brands see growing opportunity in the high-stakes business of haute joaillerie.
Gucci's Next Target: Place Vendôme
Major fashion brands see growing opportunity in the high-stakes business of haute joaillerie.
The News in Brief
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.
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.