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.
supply-chain
Sustainability
India’s Garment Workers Are Paying the Price for Trump’s Tariffs
Two months since the US hit India with 50 percent import duties, labourers in the country’s largest apparel manufacturing hubs face mass layoffs, reduced hours, and indefinite furloughs. The message from factories: “Come back once things in America get better.”
India’s Garment Workers Are Paying the Price for Trump’s Tariffs
Two months since the US hit India with 50 percent import duties, labourers in the country’s largest apparel manufacturing hubs face mass layoffs, reduced hours, and indefinite furloughs. The message from factories: “Come back once things in America get better.”
Sustainability
Amid Sweatshop Scandals, Luxury Hits Back: ‘We’re Not the Financial Police’
Some in the industry are becoming more vocal in suggesting that government, not brands, should be responsible for violations deep in the luxury supply chain and things are getting political.
Amid Sweatshop Scandals, Luxury Hits Back: ‘We’re Not the Financial Police’
Some in the industry are becoming more vocal in suggesting that government, not brands, should be responsible for violations deep in the luxury supply chain and things are getting political.
Sustainability
A Playbook for a Luxury Scandal
Big luxury has deployed a tried and tested playbook to defuse the fallout from an ongoing sweatshop scandal, there’s been an unusual level of regulatory drama in Brussels and we’re giving up on the prospect of an Hermès handbag made from mushroom leather.
A Playbook for a Luxury Scandal
Big luxury has deployed a tried and tested playbook to defuse the fallout from an ongoing sweatshop scandal, there’s been an unusual level of regulatory drama in Brussels and we’re giving up on the prospect of an Hermès handbag made from mushroom leather.
Sustainability
Regulators Take a ‘Business First’ Approach to Sustainability
Europe is pushing ahead with moves to water down flagship sustainability rules in a bid to boost competitiveness, while Italian lawmakers are looking at ways to protect ‘Made in Italy’ from the fallout of a sweatshop scandal.
Regulators Take a ‘Business First’ Approach to Sustainability
Europe is pushing ahead with moves to water down flagship sustainability rules in a bid to boost competitiveness, while Italian lawmakers are looking at ways to protect ‘Made in Italy’ from the fallout of a sweatshop scandal.
Sustainability
Opinion: There’s No Secret to Freeing Luxury’s Supply Chains From Scandal
Effective strategies for responsible business already exist. The real opportunity for big brands now is to lead by putting them into practice, writes Caterina Occhio.
Opinion: There’s No Secret to Freeing Luxury’s Supply Chains From Scandal
Effective strategies for responsible business already exist. The real opportunity for big brands now is to lead by putting them into practice, writes Caterina Occhio.
Beauty
Would You Put Fossil Fuels on Your Face? You Probably Already Are.
In an excerpt from her forthcoming book, Arabelle Sicardi outlines the required resources, water wastes, deforestation and pollution that are “all part of the story of every product in your makeup bag.”
Would You Put Fossil Fuels on Your Face? You Probably Already Are.
In an excerpt from her forthcoming book, Arabelle Sicardi outlines the required resources, water wastes, deforestation and pollution that are “all part of the story of every product in your makeup bag.”
Sustainability
Explainer: Can Big Fashion Make Recycling Work at Scale?
Industry coalition ReHubs is calling for billions of dollars of investment to establish industrialised textile recycling capabilities in Europe. For its strategy to work, many elements still need to fall into place.
Explainer: Can Big Fashion Make Recycling Work at Scale?
Industry coalition ReHubs is calling for billions of dollars of investment to establish industrialised textile recycling capabilities in Europe. For its strategy to work, many elements still need to fall into place.
Luxury
Shinola’s Message to Swiss Watchmakers: Come to Detroit
The American watch brand has launched a campaign to encourage its Swiss rivals to consider manufacturing in the US in the face of steep tariffs.
Shinola’s Message to Swiss Watchmakers: Come to Detroit
The American watch brand has launched a campaign to encourage its Swiss rivals to consider manufacturing in the US in the face of steep tariffs.
Marketing
From Critic to Craftsman: Tanner Leatherstein’s Next Chapter
The social media commentator, known for deconstructing and analysing the quality of leather handbags online, is joining Stow London as director of craftsmanship.
From Critic to Craftsman: Tanner Leatherstein’s Next Chapter
The social media commentator, known for deconstructing and analysing the quality of leather handbags online, is joining Stow London as director of craftsmanship.
Retail
Fashion Braces for Impact As Trump Tariffs Returns | The Debrief
Apparel prices are rising, supply chains are scrambling, and brands are playing defence as a new wave of Trump-era tariffs threatens to shake the global fashion industry. Joan Kennedy and Marc Bain join The Debrief to explain the latest changes.
Fashion Braces for Impact As Trump Tariffs Returns | The Debrief
Apparel prices are rising, supply chains are scrambling, and brands are playing defence as a new wave of Trump-era tariffs threatens to shake the global fashion industry. Joan Kennedy and Marc Bain join The Debrief to explain the latest changes.
Retail
For Retailers, US-Vietnam Trade Deal Leaves Questions
New US tariffs on Vietnamese imports create uncertainty for sportswear and clothing retailers like Nike and Adidas.
For Retailers, US-Vietnam Trade Deal Leaves Questions
New US tariffs on Vietnamese imports create uncertainty for sportswear and clothing retailers like Nike and Adidas.
Partner Content
Lectra’s Long-Term Lens on Fashion’s Future
The technology company’s recent white paper ‘Meeting the Moment’ unpacks the macro-shifts challenging fashion businesses, and focuses on addressing technological advancements, streamlining supply chains and reprioritising the sustainability agenda for long-term success. Discover insights from the report, alongside BoF analysis.
Lectra’s Long-Term Lens on Fashion’s Future
The technology company’s recent white paper ‘Meeting the Moment’ unpacks the macro-shifts challenging fashion businesses, and focuses on addressing technological advancements, streamlining supply chains and reprioritising the sustainability agenda for long-term success. Discover insights from the report, alongside BoF analysis.
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.