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.
regulation
Sustainability
The EU’s New Greenwashing Rules, Explained
Fashion brands will need to back up ‘green’ claims or risk fines of at least 4 percent of annual revenue in the offending market. But the regulations still leave a lot open to interpretation.
The EU’s New Greenwashing Rules, Explained
Fashion brands will need to back up ‘green’ claims or risk fines of at least 4 percent of annual revenue in the offending market. But the regulations still leave a lot open to interpretation.
Sustainability
Is Sustainable Fashion Elitist?
Calling out the industry’s environmental footprint and the true cost of making clothes has touched off a complex and heated debate about the accessibility and affordability of lower-impact fashion.
Is Sustainable Fashion Elitist?
Calling out the industry’s environmental footprint and the true cost of making clothes has touched off a complex and heated debate about the accessibility and affordability of lower-impact fashion.
Beauty
Who Is Allowed to Sell Skin Care?
A slew of new entrants, from indies to LVMH-owned giants, are jumping from makeup into skin and “hybrid” concepts. But the road to skin care equity is harder than it looks.
Who Is Allowed to Sell Skin Care?
A slew of new entrants, from indies to LVMH-owned giants, are jumping from makeup into skin and “hybrid” concepts. But the road to skin care equity is harder than it looks.
Partner Content
How Can Fashion Rethink the End-of-Life of Products?
Lenzing’s VP of global textiles business, Florian Heubrandner, and Future Fabrics Expo founder, Nina Marenzi, share insights into the moral and financial imperatives of addressing fashion’s waste problem.
How Can Fashion Rethink the End-of-Life of Products?
Lenzing’s VP of global textiles business, Florian Heubrandner, and Future Fabrics Expo founder, Nina Marenzi, share insights into the moral and financial imperatives of addressing fashion’s waste problem.
Sustainability
Should Fashion Pay for Its ‘Waste Colonialism’?
Every year, millions of tons of old clothes are shipped around the world as part of the global secondhand clothing trade. Nonprofit The Or Foundation and Vestiaire Collective are lobbying for regulation that benefits the countries where they end up.
Should Fashion Pay for Its ‘Waste Colonialism’?
Every year, millions of tons of old clothes are shipped around the world as part of the global secondhand clothing trade. Nonprofit The Or Foundation and Vestiaire Collective are lobbying for regulation that benefits the countries where they end up.
Partner Content
How Can the Fashion Industry Accelerate Systems Change?
Partnering with Copenhagen Fashion Week, BoF invited market leaders including Pascal Morand, Julie Gilhart, Ganni co-founder Nicolaj Reffstrup, EU Parliamentary Committee chair Dr Christian Ehler, journalist Clare Press, executives from Renewcell and Lenzing, and others from across the value chain, to work together towards actionable solutions capable of urgently altering the industry’s ecological impact.
How Can the Fashion Industry Accelerate Systems Change?
Partnering with Copenhagen Fashion Week, BoF invited market leaders including Pascal Morand, Julie Gilhart, Ganni co-founder Nicolaj Reffstrup, EU Parliamentary Committee chair Dr Christian Ehler, journalist Clare Press, executives from Renewcell and Lenzing, and others from across the value chain, to work together towards actionable solutions capable of urgently altering the industry’s ecological impact.
Sustainability
Adidas, Activism and Fake News
This week, a spoof press release claimed Adidas had appointed a co-CEO to address rights violations in its supply chain, a sign of more disruptive and confrontational tactics from advocacy groups focused on the industry.
Adidas, Activism and Fake News
This week, a spoof press release claimed Adidas had appointed a co-CEO to address rights violations in its supply chain, a sign of more disruptive and confrontational tactics from advocacy groups focused on the industry.
Sustainability
The Problem with Sustainability Data
A new report raises questions over the validity of existing efforts to quantify the fashion industry’s record on sustainability.
The Problem with Sustainability Data
A new report raises questions over the validity of existing efforts to quantify the fashion industry’s record on sustainability.
Partner Content
From Sustainability to Hyper-Connectivity: Discovering What the Future Holds for Physical Luxury Retail
Royalmount is a forthcoming mixed-use shopping district in Montreal oriented around sustainability, inclusivity and connectivity; in a new partnership with Royalmount, BoF Insights will explore how such developments could set the standard for physical retail of the future.
From Sustainability to Hyper-Connectivity: Discovering What the Future Holds for Physical Luxury Retail
Royalmount is a forthcoming mixed-use shopping district in Montreal oriented around sustainability, inclusivity and connectivity; in a new partnership with Royalmount, BoF Insights will explore how such developments could set the standard for physical retail of the future.
Partner Content
A Free, Open Access Traceability Tool for Fashion’s Global Supply Chain
FibreTrace seeks to accelerate the fashion and textile industries’ sustainability efforts by democratising access to its digital transparency and traceability tool, FibreTrace Mapped, for brands, manufacturers and farmers alike. BoF learns more.
A Free, Open Access Traceability Tool for Fashion’s Global Supply Chain
FibreTrace seeks to accelerate the fashion and textile industries’ sustainability efforts by democratising access to its digital transparency and traceability tool, FibreTrace Mapped, for brands, manufacturers and farmers alike. BoF learns more.
Retail
Three Gatherings That Will Set Fashion’s 2023 Agenda
The World Economic Forum in Davos, a retail convention in New York and menswear shows in Paris will command the industry’s attention. Plus, what else to watch for this week.
Three Gatherings That Will Set Fashion’s 2023 Agenda
The World Economic Forum in Davos, a retail convention in New York and menswear shows in Paris will command the industry’s attention. Plus, what else to watch for this week.
Sustainability
On Labour Rights, You Get What You Pay For
With purchasing practices that undercut the cost of production, big brands are shortchanging workers and undermining their own commitments to operate more responsibly, according to a new study.
On Labour Rights, You Get What You Pay For
With purchasing practices that undercut the cost of production, big brands are shortchanging workers and undermining their own commitments to operate more responsibly, according to a new study.
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.