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.
pricing
Latest News & Analysis
News & Analysis
As Inflation Eases, What Will Make Chinese Consumers Spend More?
"While it’s not in luxury brands’ best interests to give away vouchers, they need to start considering their own versions of stimulus packages to
As Inflation Eases, What Will Make Chinese Consumers Spend More?
"While it’s not in luxury brands’ best interests to give away vouchers, they need to start considering their own versions of stimulus packages to
Sustainability
Case Study | How to Talk to Customers About Fashion’s Dirty Secrets
Brands like Everlane, Reformation and Veja have grabbed the attention of coveted Millennial and Gen-Z consumers with promises of radical transparency on company ethics, sustainability and pricing. But following through is a delicate balancing act. Our latest in-depth case study investigates.
Case Study | How to Talk to Customers About Fashion’s Dirty Secrets
Brands like Everlane, Reformation and Veja have grabbed the attention of coveted Millennial and Gen-Z consumers with promises of radical transparency on company ethics, sustainability and pricing. But following through is a delicate balancing act. Our latest in-depth case study investigates.
News & Analysis
Prada Shrinks Wholesalers to Support Full-Price Sales
The Milan-based company plans to end relations with some Italian and European wholesale partners and gradually replace them with new digital players.
Prada Shrinks Wholesalers to Support Full-Price Sales
The Milan-based company plans to end relations with some Italian and European wholesale partners and gradually replace them with new digital players.
China
Why Chanel Is Raising Prices On Its Most Popular Bags
This week, everyone will be talking about Chanel's global price hike, Tapestry's take on the US-China trade war and Cardi B's collection for Fashion Nova. Read our BoF Professional Cheat Sheet.
Why Chanel Is Raising Prices On Its Most Popular Bags
This week, everyone will be talking about Chanel's global price hike, Tapestry's take on the US-China trade war and Cardi B's collection for Fashion Nova. Read our BoF Professional Cheat Sheet.
ADVERTISEMENT
News & Analysis
Gap Might Increase Its Prices Due to Tariffs on Chinese Goods
While most of the apparel company’s products are from Vietnam, about 22 percent still come from China.
Gap Might Increase Its Prices Due to Tariffs on Chinese Goods
While most of the apparel company’s products are from Vietnam, about 22 percent still come from China.
China
Cheaper Luxury Gets Chinese Excited
Louis Vuitton, Gucci, Hermès and Burberry all reduced their prices in China this month. Who is next and how will this impact the bottom line?
Cheaper Luxury Gets Chinese Excited
Louis Vuitton, Gucci, Hermès and Burberry all reduced their prices in China this month. Who is next and how will this impact the bottom line?
News & Analysis
How to Set the Right Price
For fashion brands, formulating a strong pricing strategy is both science and art.
How to Set the Right Price
For fashion brands, formulating a strong pricing strategy is both science and art.
China
China Plans Tariff Cut on Wide Range of Consumer Goods
Cosmetics, health products and more are included in the cuts scheduled for July 1.
China Plans Tariff Cut on Wide Range of Consumer Goods
Cosmetics, health products and more are included in the cuts scheduled for July 1.
ADVERTISEMENT
News & Analysis
How Much Did That Zipper Cost? With Transparency Pricing, You Know Everything
"Advocates of transparent pricing say that it appeals in particular to millennials — who often want to know not only the provenance of the goods they
How Much Did That Zipper Cost? With Transparency Pricing, You Know Everything
"Advocates of transparent pricing say that it appeals in particular to millennials — who often want to know not only the provenance of the goods they
News & Analysis
LA Prosecutors Are Accusing Four Big Retailers of Tricking Shoppers
"The Los Angeles city attorney’s office has sued four big retailers, alleging deceptive advertising that it says misled shoppers into believing that
LA Prosecutors Are Accusing Four Big Retailers of Tricking Shoppers
"The Los Angeles city attorney’s office has sued four big retailers, alleging deceptive advertising that it says misled shoppers into believing that
News & Analysis
L’Oreal to Be ‘Cautious’ on UK Price Hikes After Pound’s Slump
L’Oreal SA chief executive officer Jean-Paul Agon says it is not the fault of customer that some production costs are rising.
L’Oreal to Be ‘Cautious’ on UK Price Hikes After Pound’s Slump
L’Oreal SA chief executive officer Jean-Paul Agon says it is not the fault of customer that some production costs are rising.
Retail
The Price of Transparency
The way luxury goods are priced in global markets is more transparent than ever, skewing where people shop, fuelling the grey market and dragging down sales, with no clear solution in sight.
The Price of Transparency
The way luxury goods are priced in global markets is more transparent than ever, skewing where people shop, fuelling the grey market and dragging down sales, with no clear solution in sight.
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.