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.
leather
Latest News & Analysis
Luxury
Smythson Appoints New Creative Director
The British leather-goods seller has named Luc Goidadin, formerly chief design officer at Burberry, as creative director, as it seeks to reinvigorate its brand image.
Smythson Appoints New Creative Director
The British leather-goods seller has named Luc Goidadin, formerly chief design officer at Burberry, as creative director, as it seeks to reinvigorate its brand image.
News & Analysis
Matchless Unveils Vladimir Putin-Inspired Outerwear Collection
To celebrate the Russian president’s 65th birthday, the British heritage brand is launching a bound-to-be-controversial capsule as part of its ‘Heroes’ collection.
Matchless Unveils Vladimir Putin-Inspired Outerwear Collection
To celebrate the Russian president’s 65th birthday, the British heritage brand is launching a bound-to-be-controversial capsule as part of its ‘Heroes’ collection.
Technology
With Lab-Grown Leather, Modern Meadow Is Engineering a Fashion Revolution
The New Jersey-based start-up is bringing the awesome potential of synthetic biology to the fashion industry, unlocking powerful business, creative and public relations benefits.
With Lab-Grown Leather, Modern Meadow Is Engineering a Fashion Revolution
The New Jersey-based start-up is bringing the awesome potential of synthetic biology to the fashion industry, unlocking powerful business, creative and public relations benefits.
Luxury
Who Is Best Placed to Buy Jimmy Choo?
Valued at £700 million, Jimmy Choo is an acquisition target that could attract bids from private equity, foreign investors or luxury conglomerates.
Who Is Best Placed to Buy Jimmy Choo?
Valued at £700 million, Jimmy Choo is an acquisition target that could attract bids from private equity, foreign investors or luxury conglomerates.
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News & Analysis
The Dangerous Business of Leather
"Kanpur’s leather sector brings in about a billion dollars a year in export earnings... however it is illegal to slaughter a cow."
The Dangerous Business of Leather
"Kanpur’s leather sector brings in about a billion dollars a year in export earnings... however it is illegal to slaughter a cow."
Luxury
Emma Hill Appointed Consultant Creative Director at Il Bisonte
Italian leather heritage house Il Bisonte has appointed Emma Hill consultant creative director, as part of a wider "commercial and marketing drive" following investment from Palamon Capital Partners.
Emma Hill Appointed Consultant Creative Director at Il Bisonte
Italian leather heritage house Il Bisonte has appointed Emma Hill consultant creative director, as part of a wider "commercial and marketing drive" following investment from Palamon Capital Partners.
Luxury
Hermès Joins Luxury Brands Reporting Chinese Recovery
Revenue climbed to 1.26 billion euros ($1.4 billion), Paris-based Hermès said, beating estimates.
Hermès Joins Luxury Brands Reporting Chinese Recovery
Revenue climbed to 1.26 billion euros ($1.4 billion), Paris-based Hermès said, beating estimates.
Marketing
Claus Dietrich Lars Named Bottega Veneta CEO; Carlo Beretta Promoted to Kering Role
Claus-Dietrich Lahrs, former chief executive officer of Hugo Boss, has joined Kering-owned Italian luxury brand Bottega Veneta. In his new role, Lahrs succeeds Carlo Alberto Beretta, who has been promoted to chief client and marketing officer at Kering.
Claus Dietrich Lars Named Bottega Veneta CEO; Carlo Beretta Promoted to Kering Role
Claus-Dietrich Lahrs, former chief executive officer of Hugo Boss, has joined Kering-owned Italian luxury brand Bottega Veneta. In his new role, Lahrs succeeds Carlo Alberto Beretta, who has been promoted to chief client and marketing officer at Kering.
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Retail
Coach Turns to Mickey Mouse for Help Reviving Handbag Sales
Coach Inc. chief executive officer Victor Luis has a strategy to make the brand more edgy and cool: a cheeky Mickey Mouse sticking out his tongue.
Coach Turns to Mickey Mouse for Help Reviving Handbag Sales
Coach Inc. chief executive officer Victor Luis has a strategy to make the brand more edgy and cool: a cheeky Mickey Mouse sticking out his tongue.
Sustainability
Social Goods | Bargain Jeans, Giving Up Leather, Turning Trees into Fashion
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
Social Goods | Bargain Jeans, Giving Up Leather, Turning Trees into Fashion
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
Luxury
The Race to Control the Luxury Leather Business
As more fashion labels push into the accessories business, luxury titans like Kering, LVMH and Hermès jockey for control of a leather market in flux.
The Race to Control the Luxury Leather Business
As more fashion labels push into the accessories business, luxury titans like Kering, LVMH and Hermès jockey for control of a leather market in flux.
Sustainability
Op-Ed | Fashion Should Ban Chrome Tanning
Fashion brands should stop manufacturing leather goods using methods that compromise the quality of their products and damage the environment, argues Mesh Chhibber.
Op-Ed | Fashion Should Ban Chrome Tanning
Fashion brands should stop manufacturing leather goods using methods that compromise the quality of their products and damage the environment, argues Mesh Chhibber.
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.