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.
streetwear
Luxury
Streetwear Took Over the Fashion Industry. Now What?
Hoodies, sneakers and graphic T-shirts may have peaked as high fashion trends, but the movement’s wider influence is far from over.
Streetwear Took Over the Fashion Industry. Now What?
Hoodies, sneakers and graphic T-shirts may have peaked as high fashion trends, but the movement’s wider influence is far from over.
Retail
Supreme Lands in San Francisco, Amid Clash of Counterculture and Capitalism
The billion-dollar streetwear label, which has thus far managed its own tension between counterculture roots and private equity-fueled growth, will need to appeal to both the cred-conscious local skater community and the city’s wealthy ‘tech bros’ to succeed.
Supreme Lands in San Francisco, Amid Clash of Counterculture and Capitalism
The billion-dollar streetwear label, which has thus far managed its own tension between counterculture roots and private equity-fueled growth, will need to appeal to both the cred-conscious local skater community and the city’s wealthy ‘tech bros’ to succeed.
Luxury
LVMH Invests in a Gen Z Streetwear Brand
Madhappy was founded by four men in their early 20s in 2017 as a streetwear-meets-athleisure label. It now counts luxury’s biggest player as one of its backers.
LVMH Invests in a Gen Z Streetwear Brand
Madhappy was founded by four men in their early 20s in 2017 as a streetwear-meets-athleisure label. It now counts luxury’s biggest player as one of its backers.
Luxury
What’s Off-White Without Virgil?
Creative director Virgil Abloh’s hiatus comes at a turning point for his brand, which may need a degree of reinvention when he returns.
What’s Off-White Without Virgil?
Creative director Virgil Abloh’s hiatus comes at a turning point for his brand, which may need a degree of reinvention when he returns.
News & Analysis
Stadium Goods and Sotheby's Team up for First-Ever Sneaker Auction
The event underscores the fast-growing status of sneakers as collectibles able to command tens of thousands of dollars.
Stadium Goods and Sotheby's Team up for First-Ever Sneaker Auction
The event underscores the fast-growing status of sneakers as collectibles able to command tens of thousands of dollars.
Luxury
In StockX’s Crystal Ball: The Future of the Sneaker Market
This week, StockX became the world’s first billion-dollar sneaker reseller. BoF looks into the crystal ball of the company’s transactions data to unearth five trends on the direction of the fast-growing market for sneakers.
In StockX’s Crystal Ball: The Future of the Sneaker Market
This week, StockX became the world’s first billion-dollar sneaker reseller. BoF looks into the crystal ball of the company’s transactions data to unearth five trends on the direction of the fast-growing market for sneakers.
News & Analysis
Heron Preston Seeks Evolution on the Paris Runway
The designer is pushing beyond the streetwear category in fashion’s capital without losing his focus on sustainability. First up: A collaboration with vintage remixer Sami Miró.
Heron Preston Seeks Evolution on the Paris Runway
The designer is pushing beyond the streetwear category in fashion’s capital without losing his focus on sustainability. First up: A collaboration with vintage remixer Sami Miró.
Retail
Streetwear's Big Opportunity: Women
As streetwear continues to expand in fast-fashion and luxury markets alike, how can it increase its appeal to female consumers?
Streetwear's Big Opportunity: Women
As streetwear continues to expand in fast-fashion and luxury markets alike, how can it increase its appeal to female consumers?
News & Analysis
Chicago Cashes in on Virgil Abloh
It’s the summer of hypebeasts in the Windy City, as the first museum exhibition dedicated to Abloh’s prolific career draws crowds of fans looking to experience the designer’s work - and snag limited-edition merch.
Chicago Cashes in on Virgil Abloh
It’s the summer of hypebeasts in the Windy City, as the first museum exhibition dedicated to Abloh’s prolific career draws crowds of fans looking to experience the designer’s work - and snag limited-edition merch.
Luxury
The Mystery Mogul Behind Off-White
The opaque Milanese holding company New Guards Group has birthed many of luxury streetwear’s most-hyped brands, including Off-White, Palm Angels, County of Milan and Heron Preston. In his first-ever interview, quiet mastermind Davide De Giglio reveals how he has built a business that will generate €420 million in sales this year.
The Mystery Mogul Behind Off-White
The opaque Milanese holding company New Guards Group has birthed many of luxury streetwear’s most-hyped brands, including Off-White, Palm Angels, County of Milan and Heron Preston. In his first-ever interview, quiet mastermind Davide De Giglio reveals how he has built a business that will generate €420 million in sales this year.
News & Analysis
How Champion Hit the Fashion Jackpot
The century-old brand best known for basic gym attire is experiencing an unlikely revival as it benefits from the rise of throwback culture and streetwear.
How Champion Hit the Fashion Jackpot
The century-old brand best known for basic gym attire is experiencing an unlikely revival as it benefits from the rise of throwback culture and streetwear.
Financial Markets
The BoF Podcast: StockX Co-Founder on Expanding from Streetwear to Luxury
The co-founder of the online sneaker marketplace explains why luxury is the perfect new frontier for expansion beyond footwear and streetwear.
The BoF Podcast: StockX Co-Founder on Expanding from Streetwear to Luxury
The co-founder of the online sneaker marketplace explains why luxury is the perfect new frontier for expansion beyond footwear and streetwear.
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.