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.
people
Luxury
Virgil Abloh: ‘I Am Not a Designer’
The Off-White founder and Wizard of Oz fan isn’t just making clothes. He’s blazing his own Yellow Brick Road from nowheresville to the Emerald City of Paris and reprogramming Louis Vuitton in the process.
Virgil Abloh: ‘I Am Not a Designer’
The Off-White founder and Wizard of Oz fan isn’t just making clothes. He’s blazing his own Yellow Brick Road from nowheresville to the Emerald City of Paris and reprogramming Louis Vuitton in the process.
Luxury
How François-Henri Pinault Unites Profits and Purpose
The chairman of Kering talks to BoF's Imran Amed about the blockbuster successes of Gucci, Saint Laurent and Balenciaga, streamlining his portfolio and his belief in ‘generous capitalism.’
How François-Henri Pinault Unites Profits and Purpose
The chairman of Kering talks to BoF's Imran Amed about the blockbuster successes of Gucci, Saint Laurent and Balenciaga, streamlining his portfolio and his belief in ‘generous capitalism.’
China
Alibaba's Jack Ma, China's Richest Man, to Retire
The Chinese entrepreneur discusses his plans for a future after Alibaba.
Alibaba's Jack Ma, China's Richest Man, to Retire
The Chinese entrepreneur discusses his plans for a future after Alibaba.
News & Analysis
Burberry Stops Destroying Product and Bans Real Fur
A PR backlash enveloped Burberry following the revelation that it destroyed £28.6 million worth of unsold product last year. Now, the company is ending the practice and banning animal fur. In a global exclusive interview, BoF's Imran Amed sits down with Burberry CEO Marco Gobbetti to decode the thinking behind the move.
Burberry Stops Destroying Product and Bans Real Fur
A PR backlash enveloped Burberry following the revelation that it destroyed £28.6 million worth of unsold product last year. Now, the company is ending the practice and banning animal fur. In a global exclusive interview, BoF's Imran Amed sits down with Burberry CEO Marco Gobbetti to decode the thinking behind the move.
Luxury
Rūh: The Gentlewoman of Luxury Fashion
With a locked website and weekly events, the New York-based womenswear label is taking a collective approach to fashion that transcends just product.
Rūh: The Gentlewoman of Luxury Fashion
With a locked website and weekly events, the New York-based womenswear label is taking a collective approach to fashion that transcends just product.
Technology
Fashion GPS Founder's Fashion-Tech Journey
Eddie Mullon turned a side project into a business that revolutionised fashion PR. Now, he’s giving back to his native Malawi.
Fashion GPS Founder's Fashion-Tech Journey
Eddie Mullon turned a side project into a business that revolutionised fashion PR. Now, he’s giving back to his native Malawi.
News & Analysis
Jewellery Maker Pandora Hires New China Chief
The Danish company has recruited Geena Tok from Nike to head its business in China, where it has been challenged by a rise in sales on the grey market.
Jewellery Maker Pandora Hires New China Chief
The Danish company has recruited Geena Tok from Nike to head its business in China, where it has been challenged by a rise in sales on the grey market.
News & Analysis
Remembering Mark Sebba
The beloved former chief executive of Net-a-Porter passed away on Monday in Crete.
Remembering Mark Sebba
The beloved former chief executive of Net-a-Porter passed away on Monday in Crete.
News & Analysis
Ivanka Trump Shuts Namesake Fashion Brand
The American business woman and US president's daughter is shutting her line.
Ivanka Trump Shuts Namesake Fashion Brand
The American business woman and US president's daughter is shutting her line.
Global Markets
GQ Middle East Launches With Youngest Editor
New editor-in-chief Adam Baidawi discusses his appointment with BoF and his plans for the new men's fashion title that will bow in September.
GQ Middle East Launches With Youngest Editor
New editor-in-chief Adam Baidawi discusses his appointment with BoF and his plans for the new men's fashion title that will bow in September.
News & Analysis
Amazon Workers in Europe Strike on Prime Day
Thousands of workers are on strike in Germany, joining colleagues in Spain and Poland in taking action that coincides with a major sales promotion.
Amazon Workers in Europe Strike on Prime Day
Thousands of workers are on strike in Germany, joining colleagues in Spain and Poland in taking action that coincides with a major sales promotion.
Beauty
Amazon & Nordstrom: A Tale of Two Sales
This Monday, everyone will be talking about Amazon and Nordstrom's biggest sales of the year, Anna Wintour's Air Jordans and Kylie Cosmetics' eye-popping valuation. Read our Cheat Sheet.
Amazon & Nordstrom: A Tale of Two Sales
This Monday, everyone will be talking about Amazon and Nordstrom's biggest sales of the year, Anna Wintour's Air Jordans and Kylie Cosmetics' eye-popping valuation. Read our Cheat Sheet.
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.