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.
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Latest News & Analysis
News & Analysis
What’s Your 'Plan B' for Made in China?
US President Donald Trump’s tariff threats have put the importance of supply chain management into sharp focus. What are the sourcing hot spots that offer alternatives to Chinese production?
What’s Your 'Plan B' for Made in China?
US President Donald Trump’s tariff threats have put the importance of supply chain management into sharp focus. What are the sourcing hot spots that offer alternatives to Chinese production?
News & Analysis
Power Moves | Li & Fung Names Chief Digital Officer, Clarins Announces New President
This week, Li & Fung fills the newly created role of chief digital officer, while Clarins names its new president.
Power Moves | Li & Fung Names Chief Digital Officer, Clarins Announces New President
This week, Li & Fung fills the newly created role of chief digital officer, while Clarins names its new president.
Financial Markets
What Trump’s Trade War Means for Fashion
As fears of a trade war begin to ebb, the tension felt by supply chain leaders appears to be lifting. But given president Trump’s characteristic unpredictability, the fashion industry is not out of the woods yet.
What Trump’s Trade War Means for Fashion
As fears of a trade war begin to ebb, the tension felt by supply chain leaders appears to be lifting. But given president Trump’s characteristic unpredictability, the fashion industry is not out of the woods yet.
China
Li & Fung’s $1.1 Billion Strategic Divestment
The global trading and sourcing group is selling off its sweater, furniture and beauty product verticals in order to further simplify its business.
Li & Fung’s $1.1 Billion Strategic Divestment
The global trading and sourcing group is selling off its sweater, furniture and beauty product verticals in order to further simplify its business.
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China
New Era for Chinese Fashion Manufacturers
China’s colossal manufacturing sector faces higher costs at home, cheaper competition abroad and a global economic slowdown. But business is booming for those who can adapt.
New Era for Chinese Fashion Manufacturers
China’s colossal manufacturing sector faces higher costs at home, cheaper competition abroad and a global economic slowdown. But business is booming for those who can adapt.
China
The China Edit | Louis Vuitton, Li & Fung, Sourcing
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Louis Vuitton, Li & Fung, Sourcing
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Global Markets
Op-Ed | Africa, Fashion’s Next Sourcing Hub?
Africa’s integration into the global apparel industry is a question of when, not if, says Marc Compagnon of Li & Fung.
Op-Ed | Africa, Fashion’s Next Sourcing Hub?
Africa’s integration into the global apparel industry is a question of when, not if, says Marc Compagnon of Li & Fung.
Global Markets
Wal-Mart to Bring In-House Some Sourcing Handled by Li & Fung
Wal-Mart Stores Inc, the world's largest retailer, said it has decided to bring in-house some of the product sourcing that has been handled by Direct Sourcing Group (DSG), a unit of Hong Kong's Li & Fung Ltd.
Wal-Mart to Bring In-House Some Sourcing Handled by Li & Fung
Wal-Mart Stores Inc, the world's largest retailer, said it has decided to bring in-house some of the product sourcing that has been handled by Direct Sourcing Group (DSG), a unit of Hong Kong's Li & Fung Ltd.
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China
The China Edit | Burberry's Sales Strong, Parkson Retail, Alibaba Cheat Sheet
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Burberry's Sales Strong, Parkson Retail, Alibaba Cheat Sheet
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
News & Analysis
Global Brands Begins Hong Kong Trading After Li & Fung Spinoff
HONG KONG — Global Brands Group Holding Ltd., a brands management unit spun off from Li & Fung Ltd., begins trading in Hong Kong today.
Global Brands Begins Hong Kong Trading After Li & Fung Spinoff
HONG KONG — Global Brands Group Holding Ltd., a brands management unit spun off from Li & Fung Ltd., begins trading in Hong Kong today.
China
The China Edit | Homegrown Designers, Richemont Sales Steady, Balenciaga
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Homegrown Designers, Richemont Sales Steady, Balenciaga
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
News & Analysis
Protests Cause Li & Fung Week-Long Production Delays in Vietnam
HANOI, Vietnam — Li & Fung Ltd., the world's biggest provider of clothes and toys to retailers, said production at most of its suppliers' factories
Protests Cause Li & Fung Week-Long Production Delays in Vietnam
HANOI, Vietnam — Li & Fung Ltd., the world's biggest provider of clothes and toys to retailers, said production at most of its suppliers' factories
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.