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.
mckinsey-and-company
Global Markets
Fashion’s New Centre of Gravity
Next year non-Western markets will account for a greater share of global apparel and footwear sales than Europe and North America. But how will these increasingly important regions leverage their newfound status to gain even greater impact and influence on the global fashion industry?
Fashion’s New Centre of Gravity
Next year non-Western markets will account for a greater share of global apparel and footwear sales than Europe and North America. But how will these increasingly important regions leverage their newfound status to gain even greater impact and influence on the global fashion industry?
Luxury
Amidst New Optimism, Emerging Markets to Overtake West in 2018
The State of Fashion 2018, BoF and McKinsey & Company's in-depth report on the global fashion industry, forecasts sales growth to nearly triple between 2016 and 2018. But the rebound will not be felt evenly across the market.
Amidst New Optimism, Emerging Markets to Overtake West in 2018
The State of Fashion 2018, BoF and McKinsey & Company's in-depth report on the global fashion industry, forecasts sales growth to nearly triple between 2016 and 2018. But the rebound will not be felt evenly across the market.
News & Analysis
BoF Announces McKinsey & Company as Exclusive Knowledge Partner for VOICES
Following last year's successful collaboration, The Business of Fashion is delighted to announce that McKinsey & Company will be the Exclusive Knowledge Partner for this year’s VOICES gathering.
BoF Announces McKinsey & Company as Exclusive Knowledge Partner for VOICES
Following last year's successful collaboration, The Business of Fashion is delighted to announce that McKinsey & Company will be the Exclusive Knowledge Partner for this year’s VOICES gathering.
Financial Markets
Four Forces Transforming the Global Economy
Richard Dobbs, senior partner at McKinsey & Company, spoke in December at VOICES, BoF’s new annual gathering for big thinkers.
Four Forces Transforming the Global Economy
Richard Dobbs, senior partner at McKinsey & Company, spoke in December at VOICES, BoF’s new annual gathering for big thinkers.
Luxury
10 Trends That Will Define the Fashion Agenda in 2017
In the new year, new patterns will shape the global fashion industry, from a resurgent China to a ‘wellness dividend,’ reveals BoF and McKinsey & Company's in-depth report, The State of Fashion 2017.
10 Trends That Will Define the Fashion Agenda in 2017
In the new year, new patterns will shape the global fashion industry, from a resurgent China to a ‘wellness dividend,’ reveals BoF and McKinsey & Company's in-depth report, The State of Fashion 2017.
Financial Markets
Disrupting Amidst Disruption
In a fast-changing and unpredictable world, fashion must embrace disruption.
Disrupting Amidst Disruption
In a fast-changing and unpredictable world, fashion must embrace disruption.
Luxury
The State of Fashion 2017: Download the Report
Click below to download BoF and McKinsey & Company's in-depth report on the global fashion industry in 2017, focusing on the themes, issues and opportunities impacting the sector.
The State of Fashion 2017: Download the Report
Click below to download BoF and McKinsey & Company's in-depth report on the global fashion industry in 2017, focusing on the themes, issues and opportunities impacting the sector.
Luxury
After Year of Shocks, What Can Fashion Expect in 2017?
The State of Fashion 2017, BoF and McKinsey & Company's in-depth report on the global fashion industry, can be summarised in three words: uncertain, changing and challenging.
After Year of Shocks, What Can Fashion Expect in 2017?
The State of Fashion 2017, BoF and McKinsey & Company's in-depth report on the global fashion industry, can be summarised in three words: uncertain, changing and challenging.
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.