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.
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Latest News & Analysis
China
Cheaper Luxury Gets Chinese Excited
Louis Vuitton, Gucci, Hermès and Burberry all reduced their prices in China this month. Who is next and how will this impact the bottom line?
Cheaper Luxury Gets Chinese Excited
Louis Vuitton, Gucci, Hermès and Burberry all reduced their prices in China this month. Who is next and how will this impact the bottom line?
China
Chinese Shoppers Can’t Get Enough of ‘Haitao’
Start-ups are disrupting China's booming $125 billion cross-border e-commerce trade, providing an alternative to giant platforms accused of manipulating traffic, to force brands into exclusive partnerships.
Chinese Shoppers Can’t Get Enough of ‘Haitao’
Start-ups are disrupting China's booming $125 billion cross-border e-commerce trade, providing an alternative to giant platforms accused of manipulating traffic, to force brands into exclusive partnerships.
China
Impulsive, Addictive Social Commerce Is China’s Latest Craze
BoF investigates how brands are leveraging WeChat’s mini-programmes to create dopamine-fuelled shopping experiences that are viral, interactive and hyper-social.
Impulsive, Addictive Social Commerce Is China’s Latest Craze
BoF investigates how brands are leveraging WeChat’s mini-programmes to create dopamine-fuelled shopping experiences that are viral, interactive and hyper-social.
China
Media Exodus Risks Chinese Fashion Upset
Several big editorial departures could impact China’s fashion media and change the balance of power within the industry.
Media Exodus Risks Chinese Fashion Upset
Several big editorial departures could impact China’s fashion media and change the balance of power within the industry.
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China
Chinese Consumers Spent $146 Billion Over Spring Festival
As China ushered in the Year of the Dog with a flurry of spending, who were the biggest winners and losers? BoF investigates in this month's China Edit.
Chinese Consumers Spent $146 Billion Over Spring Festival
As China ushered in the Year of the Dog with a flurry of spending, who were the biggest winners and losers? BoF investigates in this month's China Edit.
China
Chinese Investors Pile Into Global Fashion Businesses
In this month’s China Edit, BoF explores the flurry of activity from Chinese firms investing in the fashion sector.
Chinese Investors Pile Into Global Fashion Businesses
In this month’s China Edit, BoF explores the flurry of activity from Chinese firms investing in the fashion sector.
China
China’s Online Giants Get Physical
In this month’s China Edit, the battle between China's e-commerce giants is heating up as adversaries wage war offline.
China’s Online Giants Get Physical
In this month’s China Edit, the battle between China's e-commerce giants is heating up as adversaries wage war offline.
China
Keeping Pace With the Changing Chinese Consumer
In this month’s China Edit, as Chinese consumer confidence reaches a 10-year high, some trends are worth watching for fashion and beauty brands.
Keeping Pace With the Changing Chinese Consumer
In this month’s China Edit, as Chinese consumer confidence reaches a 10-year high, some trends are worth watching for fashion and beauty brands.
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China
What China’s National Congress Means for Fashion
In this month’s China Edit, implications of the 19th National Congress on the fashion industry, Shanghai Fashion Week and Golden Week.
What China’s National Congress Means for Fashion
In this month’s China Edit, implications of the 19th National Congress on the fashion industry, Shanghai Fashion Week and Golden Week.
China
China’s New Wave of Female Fashion Executives
In this month’s China Edit, Chinese executives and their power moves are in the spotlight, Plaza 66 reopens in Shanghai and Dior continues its digital innovation.
China’s New Wave of Female Fashion Executives
In this month’s China Edit, Chinese executives and their power moves are in the spotlight, Plaza 66 reopens in Shanghai and Dior continues its digital innovation.
China
Chinese Firms Flex Investment Muscle Abroad
In this month’s China Edit, Chinese companies keep snapping up international fashion assets, Galeries Lafayette plans further expansion on the mainland and Diesel teams up with Li Yuchun.
Chinese Firms Flex Investment Muscle Abroad
In this month’s China Edit, Chinese companies keep snapping up international fashion assets, Galeries Lafayette plans further expansion on the mainland and Diesel teams up with Li Yuchun.
China
China’s Store of the Future Has No Checkout, No Cash and No Staff
In this month’s China Edit, more Chinese retailers are testing 24-hour stores run entirely by technology, while Gucci and Louis Vuitton have finally launched e-commerce in China.
China’s Store of the Future Has No Checkout, No Cash and No Staff
In this month’s China Edit, more Chinese retailers are testing 24-hour stores run entirely by technology, while Gucci and Louis Vuitton have finally launched e-commerce in China.
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.