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.
legal
Retail
On Vaccine Mandates, the Ball’s Back in Retailers’ Court
This week, everyone will be talking about how retailers approach the question of unvaccinated employees, plus the men’s shows in Milan and Paris.
On Vaccine Mandates, the Ball’s Back in Retailers’ Court
This week, everyone will be talking about how retailers approach the question of unvaccinated employees, plus the men’s shows in Milan and Paris.
Sustainability
New York Fashion Act to Test Brands’ Appetite for Sustainability Regulation
Stella McCartney is among the backers of a new bill before the New York State Assembly that could step up disclosure and due diligence requirements for brands operating in the key market.
New York Fashion Act to Test Brands’ Appetite for Sustainability Regulation
Stella McCartney is among the backers of a new bill before the New York State Assembly that could step up disclosure and due diligence requirements for brands operating in the key market.
China
How 2021 Changed China’s Fashion Market
BoF’s annual round-up of the forces that reshaped the world’s biggest fashion market over the last 12 months.
How 2021 Changed China’s Fashion Market
BoF’s annual round-up of the forces that reshaped the world’s biggest fashion market over the last 12 months.
Workplace & Talent
How Retailers Can Prevent Robberies This Holiday Season
A spate of “smash and grab” robberies and similar organised theft incidents have dealt the latest blow to retailers looking to staff up at a critical time.
How Retailers Can Prevent Robberies This Holiday Season
A spate of “smash and grab” robberies and similar organised theft incidents have dealt the latest blow to retailers looking to staff up at a critical time.
Technology
How Fashion Businesses Can Mitigate Cyber Risk
In an increasingly digitised economy, cyber risks are rising fast. To protect their customers, business operations and creative assets, fashion companies need to strengthen their defences.
How Fashion Businesses Can Mitigate Cyber Risk
In an increasingly digitised economy, cyber risks are rising fast. To protect their customers, business operations and creative assets, fashion companies need to strengthen their defences.
Technology
The Year Ahead: Shoring Up Fashion’s Cyber Defenses
Businesses face more threats than ever of cyber attacks and improper data handling. Fashion players must urgently improve their defenses and make digital security a strategic imperative.
The Year Ahead: Shoring Up Fashion’s Cyber Defenses
Businesses face more threats than ever of cyber attacks and improper data handling. Fashion players must urgently improve their defenses and make digital security a strategic imperative.
Retail
Amazon Wins Court Battle Over Ambani’s $3.4 Billion Retail Deal
The news is the latest in the battle over Indian supermarket chain Future Retail Ltd., as both Ambani-owned Reliance Industries and Amazon are vying for control over the country’s $1 trillion retail market.
Amazon Wins Court Battle Over Ambani’s $3.4 Billion Retail Deal
The news is the latest in the battle over Indian supermarket chain Future Retail Ltd., as both Ambani-owned Reliance Industries and Amazon are vying for control over the country’s $1 trillion retail market.
Retail
To Sue or Not to Sue: Nike’s ‘Satan Shoe’ Conundrum
After a Brooklyn company sold 666 pairs of customised Nike Air Max 97s as ‘Satan Shoes’ in collaboration with queer rapper Lil Nas X, the sportswear giant sued to protect its brand. Was it the right move?
To Sue or Not to Sue: Nike’s ‘Satan Shoe’ Conundrum
After a Brooklyn company sold 666 pairs of customised Nike Air Max 97s as ‘Satan Shoes’ in collaboration with queer rapper Lil Nas X, the sportswear giant sued to protect its brand. Was it the right move?
Marketing
Alexander Wang Responds to Sexual Misconduct Accusations: ‘I Will Do Better’
The designer previously called the growing number of allegations ‘false, fabricated and mostly anonymous.’ Lisa Bloom, who represents 10 accusers, said her clients “are moving forward.”
Alexander Wang Responds to Sexual Misconduct Accusations: ‘I Will Do Better’
The designer previously called the growing number of allegations ‘false, fabricated and mostly anonymous.’ Lisa Bloom, who represents 10 accusers, said her clients “are moving forward.”
News & Analysis
Nike Asks to Remove Marketing Executives from Michael Avenatti Trial
The sportswear giant called Avenatti's subpoenas for testimony part of an effort to 'put the government's and Nike's conduct on trial,' and distract jurors from his own conduct.
Nike Asks to Remove Marketing Executives from Michael Avenatti Trial
The sportswear giant called Avenatti's subpoenas for testimony part of an effort to 'put the government's and Nike's conduct on trial,' and distract jurors from his own conduct.
Luxury
US Appeals Court Restores Gender Bias Lawsuit Against Sterling Jewelers
The decision Monday allows at least 70,000 female employees of the brand to pursue claims of unfair wages and promotions.
US Appeals Court Restores Gender Bias Lawsuit Against Sterling Jewelers
The decision Monday allows at least 70,000 female employees of the brand to pursue claims of unfair wages and promotions.
News & Analysis
Modelling Agency With Ties to Epstein Names Macy’s, Nordstrom as Clients
As sex trafficking allegations swirl, MC2 Model Management and its president Jean-Luc Brunel are in the spotlight for his well-documented relationship with Epstein dating back to 2002.
Modelling Agency With Ties to Epstein Names Macy’s, Nordstrom as Clients
As sex trafficking allegations swirl, MC2 Model Management and its president Jean-Luc Brunel are in the spotlight for his well-documented relationship with Epstein dating back to 2002.
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.