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.
waste
Sustainability
Case Study | Fashion’s Race for New Materials
Brands are pursuing a raft of initiatives to adopt recycled textiles, regeneratively farmed cotton and mushroom-based leather, but giving fashion’s major materials a sustainability makeover still requires billions of dollars worth of investments and deeper, longer-term commitments to scale. BoF breaks down some of the key innovations, the companies leading the charge and the barriers to change.
Case Study | Fashion’s Race for New Materials
Brands are pursuing a raft of initiatives to adopt recycled textiles, regeneratively farmed cotton and mushroom-based leather, but giving fashion’s major materials a sustainability makeover still requires billions of dollars worth of investments and deeper, longer-term commitments to scale. BoF breaks down some of the key innovations, the companies leading the charge and the barriers to change.
Sustainability
Op-Ed | New York’s Fashion Act? More Like Fashion Won’t Act.
Proposed legislation targeting the social and environmental impact of brands doing business in the State of New York doesn’t go far enough, argues Beth Esponnette.
Op-Ed | New York’s Fashion Act? More Like Fashion Won’t Act.
Proposed legislation targeting the social and environmental impact of brands doing business in the State of New York doesn’t go far enough, argues Beth Esponnette.
Sustainability
Op-Ed | Why I Support New York’s Fashion Act
Voluntary corporate action to address fashion’s social and environmental impact is not working, argues Ken Pucker.
Op-Ed | Why I Support New York’s Fashion Act
Voluntary corporate action to address fashion’s social and environmental impact is not working, argues Ken Pucker.
Sustainability
Novetex’s Ronna Chao on Winning the Circularity Game
As fashion brands pursue closed-loop recycling, they increasingly need to engage with suppliers who can help them source 'circular' materials and scale these efforts. However, the chairman of Novetex Textiles says meaningful mass adoption is a chicken-and-egg conundrum.
Novetex’s Ronna Chao on Winning the Circularity Game
As fashion brands pursue closed-loop recycling, they increasingly need to engage with suppliers who can help them source 'circular' materials and scale these efforts. However, the chairman of Novetex Textiles says meaningful mass adoption is a chicken-and-egg conundrum.
Sustainability
How Fashion Can Deliver on COP26 Ambitions
Amid mounting evidence of fashion’s dramatically negative climate impact, countries, communities and companies are mobilising around protecting the planet. However, a new era of climate action will be required if fashion is to meet ambitious targets to reverse the damage being done.
How Fashion Can Deliver on COP26 Ambitions
Amid mounting evidence of fashion’s dramatically negative climate impact, countries, communities and companies are mobilising around protecting the planet. However, a new era of climate action will be required if fashion is to meet ambitious targets to reverse the damage being done.
Sustainability
The Year Ahead: Paving the Way for Closed-Loop Recycling
The scaling of closed-loop recycling could help reduce fashion’s environmental impact at the materials level. The technologies to make this happen are maturing, creating an opportunity for companies to embed them in a product’s design phase while adopting processes to enable scaling.
The Year Ahead: Paving the Way for Closed-Loop Recycling
The scaling of closed-loop recycling could help reduce fashion’s environmental impact at the materials level. The technologies to make this happen are maturing, creating an opportunity for companies to embed them in a product’s design phase while adopting processes to enable scaling.
Sustainability
Vivienne Westwood’s Climate SOS
In the first session of BoF’s VOICES 2021 gathering, speakers including Vivienne Westwood and Janaya Future Khan addressed the climate crisis, stakeholder capitalism, what activism really means and more.
Vivienne Westwood’s Climate SOS
In the first session of BoF’s VOICES 2021 gathering, speakers including Vivienne Westwood and Janaya Future Khan addressed the climate crisis, stakeholder capitalism, what activism really means and more.
Retail
Responsibility: How Can Luxury Balance Profit and With Purpose?
Can a business based on changing our clothes change its ways?
Responsibility: How Can Luxury Balance Profit and With Purpose?
Can a business based on changing our clothes change its ways?
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.