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.

The Spanish company Recover, whose clients include Zara-owner Inditex and Revolve, raised $100 million in a funding round led by Goldman Sachs as it targets growth amid mounting demand for recycled fibres.

The Spanish company Recover, whose clients include Zara-owner Inditex and Revolve, raised $100 million in a funding round led by Goldman Sachs as it targets growth amid mounting demand for recycled fibres.

Efforts to transform the fashion industry in line with global ambitions to curb climate change and establish more responsible business practices by 2030 have yet to gain sufficient momentum, The BoF Sustainability Index 2022 finds.

Efforts to transform the fashion industry in line with global ambitions to curb climate change and establish more responsible business practices by 2030 have yet to gain sufficient momentum, The BoF Sustainability Index 2022 finds.

For the first time, brands including Stella McCartney, Balenciaga and Hermès are bringing products made of buzzy mushroom-based materials to market, a critical test for whether the next-generation fabrics could one day hit the mainstream.

For the first time, brands including Stella McCartney, Balenciaga and Hermès are bringing products made of buzzy mushroom-based materials to market, a critical test for whether the next-generation fabrics could one day hit the mainstream.

Traceability systems powered by tracking software and Big Data will help brands reach far into their supply chains to understand the entire lifecycle of their products.

Traceability systems powered by tracking software and Big Data will help brands reach far into their supply chains to understand the entire lifecycle of their products.

The French luxury giant participated in a $46 million funding round intended to accelerate commercialisation of San Francisco-based VitroLabs’ lab-grown leather.

The French luxury giant participated in a $46 million funding round intended to accelerate commercialisation of San Francisco-based VitroLabs’ lab-grown leather.
Luxury sneaker brand Golden Goose is investing $1.3 million in an R&D tie-up with Milanese materials manufacturer Coronet.
Luxury sneaker brand Golden Goose is investing $1.3 million in an R&D tie-up with Milanese materials manufacturer Coronet.

From altering products to buying materials in bulk, brands and retailers are adapting to a volatile market.

From altering products to buying materials in bulk, brands and retailers are adapting to a volatile market.

Brands like Adidas and Gymshark are spending time, money and resources to update their sports bras, a product they see as crucial to winning over female customers.

Brands like Adidas and Gymshark are spending time, money and resources to update their sports bras, a product they see as crucial to winning over female customers.

Retailers are reporting record sales, but investors are spooked by inflation, the war in Ukraine and more. What lies ahead?

Retailers are reporting record sales, but investors are spooked by inflation, the war in Ukraine and more. What lies ahead?

The sanctions against the Russian diamonds now have the diamond trade at the centre of the war, and could send jewellery companies reeling.

The sanctions against the Russian diamonds now have the diamond trade at the centre of the war, and could send jewellery companies reeling.

Understand how the industry can change materials to lessen environmental impact.

Understand how the industry can change materials to lessen environmental impact.

Since its inception, Oeko-Tex has offered a ‘Standard 100′ certification as a label for textiles tested for harmful substances. Today, its offering has evolved to measure production impact in much greater depth.

Since its inception, Oeko-Tex has offered a ‘Standard 100′ certification as a label for textiles tested for harmful substances. Today, its offering has evolved to measure production impact in much greater depth.
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
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.
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
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.
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.
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.