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.
lvmh-prize
Latest News & Analysis
Luxury
LVMH Cancels 2020 Prize Final, Launches Fund for Previous Winners
The €300,000 award will be split equally between the eight finalists.
LVMH Cancels 2020 Prize Final, Launches Fund for Previous Winners
The €300,000 award will be split equally between the eight finalists.
News & Analysis
Thebe Magugu First LVMH Prize Recipient From Africa
South African designer Thebe Magugu has been awarded the LVMH Prize, and will receive €300,000 and a year-long mentorship.
Thebe Magugu First LVMH Prize Recipient From Africa
South African designer Thebe Magugu has been awarded the LVMH Prize, and will receive €300,000 and a year-long mentorship.
Sustainability
How Designers Build Big Businesses Out of Old Fabric
Once the domain of thrifty fashion students, some of the industry's hottest designers and biggest brands are incorporating leftover fabric, unsold clothes and vintage textiles into their clothes.
How Designers Build Big Businesses Out of Old Fabric
Once the domain of thrifty fashion students, some of the industry's hottest designers and biggest brands are incorporating leftover fabric, unsold clothes and vintage textiles into their clothes.
News & Analysis
So You’ve Won a Fashion Prize. What Now?
Plenty of designers have learned the hard way that receiving a major award isn’t an instant ticket to success. Here’s how some past winners are putting their winnings to good use.
So You’ve Won a Fashion Prize. What Now?
Plenty of designers have learned the hard way that receiving a major award isn’t an instant ticket to success. Here’s how some past winners are putting their winnings to good use.
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Luxury
Behind the Scenes of the LVMH Prize
Tokyo-based designer Masayuki Ino of Doublet was crowned the winner of the French conglomerate’s fashion award, while Rok Hwang was awarded the special prize after three selection rounds over five months of competition.
Behind the Scenes of the LVMH Prize
Tokyo-based designer Masayuki Ino of Doublet was crowned the winner of the French conglomerate’s fashion award, while Rok Hwang was awarded the special prize after three selection rounds over five months of competition.
News & Analysis
LVMH Announces Nine Finalists for 2018 Prize
A-Cold-Wall, Charles Jeffrey Loverboy and Eckhaus Latta are among the finalists for the fifth annual LVMH Prize, the winner of which will receive €300,000 and a year-long mentorship.
LVMH Announces Nine Finalists for 2018 Prize
A-Cold-Wall, Charles Jeffrey Loverboy and Eckhaus Latta are among the finalists for the fifth annual LVMH Prize, the winner of which will receive €300,000 and a year-long mentorship.
News & Analysis
Marine Serre Wins LVMH Prize 2017
Paris-based womenswear designer Marine Serre has been awarded the LVMH Prize 2017, and will receive €300,000 and a year-long mentorship.
Marine Serre Wins LVMH Prize 2017
Paris-based womenswear designer Marine Serre has been awarded the LVMH Prize 2017, and will receive €300,000 and a year-long mentorship.
News & Analysis
Marine Serre's Elegant Sportswear Disruptions
This month, our Spotlight shines on Paris-based Marine Serre, whose work has landed her a design job at Balenciaga and a place in the final round of this year's LVMH Prize.
Marine Serre's Elegant Sportswear Disruptions
This month, our Spotlight shines on Paris-based Marine Serre, whose work has landed her a design job at Balenciaga and a place in the final round of this year's LVMH Prize.
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News & Analysis
News Bites | Shortlist for 2017 LVMH Prize Unveiled
In today's News Bites, meet the designers shortlisted for the LVMH Prize, including Molly Goddard, Charles Jeffrey and Maggie Marilyn.
News Bites | Shortlist for 2017 LVMH Prize Unveiled
In today's News Bites, meet the designers shortlisted for the LVMH Prize, including Molly Goddard, Charles Jeffrey and Maggie Marilyn.
News & Analysis
African Menswear Goes Global
From the racks of Tokyo retailers to the showrooms of Pitti Uomo, African menswear brands are enjoying both critical and commercial acclaim.
African Menswear Goes Global
From the racks of Tokyo retailers to the showrooms of Pitti Uomo, African menswear brands are enjoying both critical and commercial acclaim.
News & Analysis
Sustaining the Buzz: Inside Vejas’ Growth Strategy
Vejas, the Toronto label helmed by 20-year-old wunderkind Vejas Kruszewski, saw revenue growth of 700 percent last year. Now the LVMH Special Prize winner must scale in a sustainable way.
Sustaining the Buzz: Inside Vejas’ Growth Strategy
Vejas, the Toronto label helmed by 20-year-old wunderkind Vejas Kruszewski, saw revenue growth of 700 percent last year. Now the LVMH Special Prize winner must scale in a sustainable way.
News & Analysis
Grace Wales Bonner: ‘I Want to Focus on Growing the Team’
Grace Wales Bonner speaks to BoF on winning the third annual LVMH Prize.
Grace Wales Bonner: ‘I Want to Focus on Growing the Team’
Grace Wales Bonner speaks to BoF on winning the third annual LVMH Prize.
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.