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.
textiles
Latest News & Analysis
Global Markets
Migrant Workers in India Face Police Backlash After Defying Covid-19 Lockdown
Hundreds of thousands of migrant labourers, many of whom work in India's now shuttered textile industry, were sprayed with tear gas by police as they attempted to head to their homes in the countryside on foot, following Prime Minister Narendra Modi's 21-day nationwide lockdown.
Migrant Workers in India Face Police Backlash After Defying Covid-19 Lockdown
Hundreds of thousands of migrant labourers, many of whom work in India's now shuttered textile industry, were sprayed with tear gas by police as they attempted to head to their homes in the countryside on foot, following Prime Minister Narendra Modi's 21-day nationwide lockdown.
Workplace & Talent
Embedding Innovation in a 350-Year-Old Mill
Through the diverse experiences of three of its employees, BoF discovers how the company culture at Italian mill Vitale Barberis Canonico fuses centuries-old tradition with an openness to innovation.
Embedding Innovation in a 350-Year-Old Mill
Through the diverse experiences of three of its employees, BoF discovers how the company culture at Italian mill Vitale Barberis Canonico fuses centuries-old tradition with an openness to innovation.
Workplace & Talent
A Centuries-Old Culture of Embracing Change
An Italian institution founded in 1663, the longevity of the Vitale Barberis Canonico business is a testament to its willingness to embrace new ideas. BoF sits down with its 13th generation guardian, Francesco Barberis Canonico, to hear more.
A Centuries-Old Culture of Embracing Change
An Italian institution founded in 1663, the longevity of the Vitale Barberis Canonico business is a testament to its willingness to embrace new ideas. BoF sits down with its 13th generation guardian, Francesco Barberis Canonico, to hear more.
Global Markets
Nike and Lululemon Supplier Pivots Away From Vietnam After Exiting China
With Donald Trump hardening his stance on the Southeast Asian country, Eclat Textile Co. keeping up with the changing landscape of global trade.
Nike and Lululemon Supplier Pivots Away From Vietnam After Exiting China
With Donald Trump hardening his stance on the Southeast Asian country, Eclat Textile Co. keeping up with the changing landscape of global trade.
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News & Analysis
The BoF Podcast: Trend Forecaster Li Edelkoort on Hybridity in Education
Speaking in conversation with Imran Amed, the futurist course designer outlines the need for interdisciplinary studies when teaching generation next, and why the fashion industry needs to return — quite literally — to the roots of textile creation.
The BoF Podcast: Trend Forecaster Li Edelkoort on Hybridity in Education
Speaking in conversation with Imran Amed, the futurist course designer outlines the need for interdisciplinary studies when teaching generation next, and why the fashion industry needs to return — quite literally — to the roots of textile creation.
Sustainability
Social Goods | The Dark Side of Chinese Internet Fame, Tariffs to Affect Ivanka Trump's Brand
This week, body-positive messaging does not resonate in Chinese influencer circles, while Ivanka Trump's handbags will likely be hit by the new tariffs on China.
Social Goods | The Dark Side of Chinese Internet Fame, Tariffs to Affect Ivanka Trump's Brand
This week, body-positive messaging does not resonate in Chinese influencer circles, while Ivanka Trump's handbags will likely be hit by the new tariffs on China.
News & Analysis
Chart of the Week | UK Fashion Industry to Take Hardest Brexit Hit
A new report predicts the UK's textiles, apparel and footwear industry will be among the worst hit by Brexit.
Chart of the Week | UK Fashion Industry to Take Hardest Brexit Hit
A new report predicts the UK's textiles, apparel and footwear industry will be among the worst hit by Brexit.
News & Analysis
Made in the USA: Dead or Alive?
In North Carolina, once a booming textiles and apparel hub, there are signs of struggle — and life.
Made in the USA: Dead or Alive?
In North Carolina, once a booming textiles and apparel hub, there are signs of struggle — and life.
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Sustainability
H&M, Levi & Strauss, Nike Top Sustainable Cotton Report
Several fast-fashion and mass retailers lead the rankings, while Kering is the only luxury entry.
H&M, Levi & Strauss, Nike Top Sustainable Cotton Report
Several fast-fashion and mass retailers lead the rankings, while Kering is the only luxury entry.
News & Analysis
Fashion Brands Agree to Extend Bangladesh deal
Leading global fashion brands and trade unions have agreed to continue a safety programme involving thousands of garment factories in Bangladesh for another three years.
Fashion Brands Agree to Extend Bangladesh deal
Leading global fashion brands and trade unions have agreed to continue a safety programme involving thousands of garment factories in Bangladesh for another three years.
Retail
US Retailers Urge Trump's New Trade Envoy to Save NAFTA
If the US trade deal changes, apparel trade groups say the industry could be faced with rising costs and another blow to its already-fragile profit margins.
US Retailers Urge Trump's New Trade Envoy to Save NAFTA
If the US trade deal changes, apparel trade groups say the industry could be faced with rising costs and another blow to its already-fragile profit margins.
Retail
Textile Company Places Rare Bet on Turkey's Kurdish Southeast
The Iskur group, a supplier to fashion brands including Zara, Adidas and Nike, sees its $100 million investment as showing the way for other companies from western Turkey to take advantage of government incentives.
Textile Company Places Rare Bet on Turkey's Kurdish Southeast
The Iskur group, a supplier to fashion brands including Zara, Adidas and Nike, sees its $100 million investment as showing the way for other companies from western Turkey to take advantage of government incentives.
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.