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.
stores
Entrepreneurship
Can A Spanish Men’s Jewellery Start-Up Take Its Hype Machine Global?
Twojeys has driven multi-million-euro sales of its accessibly priced jewels to Spanish Gen-Z shoppers by pushing engaging, voyeuristic content to its online community. Now the brand aims to take its concept international with the opening of a London store.
Can A Spanish Men’s Jewellery Start-Up Take Its Hype Machine Global?
Twojeys has driven multi-million-euro sales of its accessibly priced jewels to Spanish Gen-Z shoppers by pushing engaging, voyeuristic content to its online community. Now the brand aims to take its concept international with the opening of a London store.
Luxury
Where Will Mumbai’s Luxury Customers Shop?
As attention shifts to India’s high-potential luxury market, Mumbai’s traditional luxury district could give the new Jio World Plaza mega-mall a run for its money, writes Imran Amed.
Where Will Mumbai’s Luxury Customers Shop?
As attention shifts to India’s high-potential luxury market, Mumbai’s traditional luxury district could give the new Jio World Plaza mega-mall a run for its money, writes Imran Amed.
Partner Content
Retail Predictions and Insights for the Upcoming Holiday Season in the US
Bolt has released its latest report, designed to equip retailers with critical insights on retail trends ahead of the holiday season and share survey findings from 100+ US-based e-commerce companies which generate more than $5 million in online gross merchandise volume.
Retail Predictions and Insights for the Upcoming Holiday Season in the US
Bolt has released its latest report, designed to equip retailers with critical insights on retail trends ahead of the holiday season and share survey findings from 100+ US-based e-commerce companies which generate more than $5 million in online gross merchandise volume.
Partner Content
Insights Into the Southeast Asian Luxury Consumer
BoF sits down with Siam Piwat’s president of sales and business relations Caroline Murphy to discover how best to engage the evolving Asian consumer, the luxury trends driving “hyper-growth” and the cultural forces increasingly influencing the market.
Insights Into the Southeast Asian Luxury Consumer
BoF sits down with Siam Piwat’s president of sales and business relations Caroline Murphy to discover how best to engage the evolving Asian consumer, the luxury trends driving “hyper-growth” and the cultural forces increasingly influencing the market.
Workplace & Talent
Inside the Transformation of Retail Careers
The latest BoF Careers’ white paper delves into how retailers can reimagine staffing practices to unlock growth, increase retention and improve the perception of retail careers as in-store talent becomes more critical than ever to success.
Inside the Transformation of Retail Careers
The latest BoF Careers’ white paper delves into how retailers can reimagine staffing practices to unlock growth, increase retention and improve the perception of retail careers as in-store talent becomes more critical than ever to success.
Partner Content
Why Analytics and Agility Are Critical to Success in Today’s Retail Market
SKYPAD, a B2B SaaS platform which offers sell-through data distribution and streamlined reporting to partner retailers like Saks and fashion brands including Robert Graham, is designed to meet industry needs around increased transparency on product performance and agility in a changeable market.
Why Analytics and Agility Are Critical to Success in Today’s Retail Market
SKYPAD, a B2B SaaS platform which offers sell-through data distribution and streamlined reporting to partner retailers like Saks and fashion brands including Robert Graham, is designed to meet industry needs around increased transparency on product performance and agility in a changeable market.
Retail
Why So Many Brands Want to Expand Into the UK Right Now
Britain’s cost of living crisis continues to escalate. Yet a number of brands still see ample opportunity in the market. Why?
Why So Many Brands Want to Expand Into the UK Right Now
Britain’s cost of living crisis continues to escalate. Yet a number of brands still see ample opportunity in the market. Why?
China
BoF Insights | Dynamic Journeys: China’s Luxury Shoppers at Home and Abroad
Chinese fashion and beauty customers — long pivotal for the global luxury market — are reshaping how and where they shop, according to BoF Insights’ new report.
BoF Insights | Dynamic Journeys: China’s Luxury Shoppers at Home and Abroad
Chinese fashion and beauty customers — long pivotal for the global luxury market — are reshaping how and where they shop, according to BoF Insights’ new report.
Partner Content
How Beauty Barrage’s Specialist Staff Drive In-Store Sales
Beauty Barrage founder and CEO Sonia Summers shares how the turn-key service, supplying brands with brand ambassadors, educators and event specialists, alleviates challenges around retail staff training and retention to allow beauty brands and retailers to focus on growth and revenue.
How Beauty Barrage’s Specialist Staff Drive In-Store Sales
Beauty Barrage founder and CEO Sonia Summers shares how the turn-key service, supplying brands with brand ambassadors, educators and event specialists, alleviates challenges around retail staff training and retention to allow beauty brands and retailers to focus on growth and revenue.
Luxury
Prada’s Path to Retail Performance
Luca Solca examines Prada Group CEO Andrea Guerra’s push to double retail space productivity at its flagship brand.
Prada’s Path to Retail Performance
Luca Solca examines Prada Group CEO Andrea Guerra’s push to double retail space productivity at its flagship brand.
Global Markets
Is India the Next Frontier for Luxury Department Stores?
Industry leaders are divided on whether Galeries Lafayette’s expansion into India will spur other luxury department stores to enter the rapidly growing market.
Is India the Next Frontier for Luxury Department Stores?
Industry leaders are divided on whether Galeries Lafayette’s expansion into India will spur other luxury department stores to enter the rapidly growing market.
News & Analysis
Highsnobiety Lays Off 10 Percent of Its Staff
The Zalando-owned streetwear and youth culture media platform announced the layoffs of 24 employees last week, citing unfavourable economic conditions and the need for cost-cutting measures, sources said.
Highsnobiety Lays Off 10 Percent of Its Staff
The Zalando-owned streetwear and youth culture media platform announced the layoffs of 24 employees last week, citing unfavourable economic conditions and the need for cost-cutting measures, sources said.
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.