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
Global Markets
For Canadians, Trump’s ‘51st State’ Talk Is No Joke
Tariffs and talk of territorial conquest won’t stop with America’s northern neighbour. The fashion industry should be watching how Canada pushes back, and think about how they might respond should Trump’s attention turn to them, writes Imran Amed.
For Canadians, Trump’s ‘51st State’ Talk Is No Joke
Tariffs and talk of territorial conquest won’t stop with America’s northern neighbour. The fashion industry should be watching how Canada pushes back, and think about how they might respond should Trump’s attention turn to them, writes Imran Amed.
Beauty
‘Buy Canadian’ Becomes a Beauty Rallying Cry as Trump’s Tariffs Loom
Canada’s export-driven beauty startup scene is responding to the threat of tariffs with a newfound product patriotism.
‘Buy Canadian’ Becomes a Beauty Rallying Cry as Trump’s Tariffs Loom
Canada’s export-driven beauty startup scene is responding to the threat of tariffs with a newfound product patriotism.
News & Analysis
Tariffs on Canada, Mexico to Start Tuesday, Trump Says
US President Donald Trump declared there is no chance of preventing the 25 percent tariffs on Mexico and Canada from taking effect on Tuesday. The news sparked concerns over the potential economic impact and sent financial markets into turmoil.
Tariffs on Canada, Mexico to Start Tuesday, Trump Says
US President Donald Trump declared there is no chance of preventing the 25 percent tariffs on Mexico and Canada from taking effect on Tuesday. The news sparked concerns over the potential economic impact and sent financial markets into turmoil.
Retail
This Week: Trump’s Tariffs Return; The Oscars; Paris Fashion Week
Fashion’s reprieve from the administration’s trade war may be over. Plus, red carpet dressing’s conservative tilt, and two runway debuts.
This Week: Trump’s Tariffs Return; The Oscars; Paris Fashion Week
Fashion’s reprieve from the administration’s trade war may be over. Plus, red carpet dressing’s conservative tilt, and two runway debuts.
Partner Content
At Milano Unica, 20 Years of Shaping Sustainable Sourcing and Global Trade
To help fashion brands and businesses meet growing demand for more resilient and sustainable sourcing solutions amid shifting geopolitical dynamics, Milano Unica, Italy’s bi-annual textile and accessories trade fair, is evolving its focus and programming. BoF learns more from Simone Canclini, president of Milano Unica.
At Milano Unica, 20 Years of Shaping Sustainable Sourcing and Global Trade
To help fashion brands and businesses meet growing demand for more resilient and sustainable sourcing solutions amid shifting geopolitical dynamics, Milano Unica, Italy’s bi-annual textile and accessories trade fair, is evolving its focus and programming. BoF learns more from Simone Canclini, president of Milano Unica.
Partner Content
The Evolution of Global Textile Sourcing in 2025
Ahead of Texworld NYC next week, the biannual trade event which sees global textile suppliers and manufacturers meet with buyers from across the fashion industry, BoF examines the key themes which the fair’s programming forecasts will shape 2025’s textile sourcing.
The Evolution of Global Textile Sourcing in 2025
Ahead of Texworld NYC next week, the biannual trade event which sees global textile suppliers and manufacturers meet with buyers from across the fashion industry, BoF examines the key themes which the fair’s programming forecasts will shape 2025’s textile sourcing.
Luxury
Inside Luxury’s Broken Audit System
LVMH-owned Dior missed glaring problems during an assessment of working and safety conditions in its production arm in Italy last year, according to a review of unpublished court documents.
Inside Luxury’s Broken Audit System
LVMH-owned Dior missed glaring problems during an assessment of working and safety conditions in its production arm in Italy last year, according to a review of unpublished court documents.
Partner Content
Creating a Dialogue With Consumers Through Connected Products
Michele Casucci, founder and GM of Certilogo, gathered global executives from the fashion and luxury sectors onsite at BoF VOICES 2024 to discuss how digital product passport technology can support brands in building a dialogue with consumers.
Creating a Dialogue With Consumers Through Connected Products
Michele Casucci, founder and GM of Certilogo, gathered global executives from the fashion and luxury sectors onsite at BoF VOICES 2024 to discuss how digital product passport technology can support brands in building a dialogue with consumers.
Global Markets
How Fashion Is Shaking Up Its Global Sourcing Strategies
Rising costs, evolving trade policies and shifting political winds are pushing brands to diversify their sourcing in Asia and laying the foundations for more manufacturing closer to home, as detailed in the BoF-McKinsey State of Fashion 2025.
How Fashion Is Shaking Up Its Global Sourcing Strategies
Rising costs, evolving trade policies and shifting political winds are pushing brands to diversify their sourcing in Asia and laying the foundations for more manufacturing closer to home, as detailed in the BoF-McKinsey State of Fashion 2025.
News & Analysis
The State of Fashion 2025: Challenges at Every Turn
The ninth annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals that economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead. Download the full report to understand the 10 themes that will shape the industry and the opportunities for growth in 2025.
The State of Fashion 2025: Challenges at Every Turn
The ninth annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals that economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead. Download the full report to understand the 10 themes that will shape the industry and the opportunities for growth in 2025.
Retail
This Week: Fashion’s Stake in the US Election
The industry has mostly tried to stay out of a close, bitter race, while quietly preparing for a potential Trump victory.
This Week: Fashion’s Stake in the US Election
The industry has mostly tried to stay out of a close, bitter race, while quietly preparing for a potential Trump victory.
Partner Content
In Singapore, Optimising Asian Supply Chains for Growth
The economic focus of the industry is evolving as apparel markets shift in the face of new consumer realities worldwide. But how should global businesses reconsider their Asian supply chains as a result of these shifts, and what structure of regional supply will enable brands to capitalise on Southeast Asia’s growth?
In Singapore, Optimising Asian Supply Chains for Growth
The economic focus of the industry is evolving as apparel markets shift in the face of new consumer realities worldwide. But how should global businesses reconsider their Asian supply chains as a result of these shifts, and what structure of regional supply will enable brands to capitalise on Southeast Asia’s growth?
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.