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.
mytheresa-com
Workplace & Talent
Power Moves | Ariel Foxman, Rebekka Bay Exits Gap, Michael Kliger to MyTheresa, James Scully, Mango
BoF compiles the most important professional moves of the week.
Power Moves | Ariel Foxman, Rebekka Bay Exits Gap, Michael Kliger to MyTheresa, James Scully, Mango
BoF compiles the most important professional moves of the week.
Technology
From Local Boutiques to Global E-tailers
E-commerce enables local fashion boutiques to tap global markets. Or so the theory goes. What does it take to put it into practice?
From Local Boutiques to Global E-tailers
E-commerce enables local fashion boutiques to tap global markets. Or so the theory goes. What does it take to put it into practice?
Workplace & Talent
Justin O’Shea, Buying Director
BoF sits down with Justin O’Shea, buying director of MyTheresa.com, to understand how his hands-on attitude helped to turn a Munich-based store into a successful global luxury retailer that generates $130 million in annual revenue. The Creative Class is supported by CLIO Image, an awards show honouring creative excellence in fashion, beauty and retail.
Justin O’Shea, Buying Director
BoF sits down with Justin O’Shea, buying director of MyTheresa.com, to understand how his hands-on attitude helped to turn a Munich-based store into a successful global luxury retailer that generates $130 million in annual revenue. The Creative Class is supported by CLIO Image, an awards show honouring creative excellence in fashion, beauty and retail.
Technology
Bits & Bytes | Neiman Marcus Acquires MyTheresa, Rocket Internet, ASOS
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Neiman Marcus Acquires MyTheresa, Rocket Internet, ASOS
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
News & Analysis
Power Moves | Paula Reed Joins Mytheresa.com as Creative Director, “Agitator”
Today, BoF can exclusively reveal that Paula Reed, former founding style director of Grazia UK and style director of Harvey Nichols, has joined luxury e-tailer Mytheresa.com as creative director.
Power Moves | Paula Reed Joins Mytheresa.com as Creative Director, “Agitator”
Today, BoF can exclusively reveal that Paula Reed, former founding style director of Grazia UK and style director of Harvey Nichols, has joined luxury e-tailer Mytheresa.com as creative director.
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.