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.
wholesale
Retail
Searching for the Next Barneys
American luxury retail has changed, but customers are still hungry for the special feeling only an exceptional multi-brand store can offer. Can a crop of upstarts and a few savvy incumbents succeed where others have failed?
Searching for the Next Barneys
American luxury retail has changed, but customers are still hungry for the special feeling only an exceptional multi-brand store can offer. Can a crop of upstarts and a few savvy incumbents succeed where others have failed?
Retail
PVH’s Stefan Larsson on Harnessing Creativity to Energise Engagement
The chief executive of the company that owns Calvin Klein and Tommy Hilfiger says creativity will be even more of a differentiator in 2022 as fashion players better align merchandise planning with demand and continue their quest for greater market share.
PVH’s Stefan Larsson on Harnessing Creativity to Energise Engagement
The chief executive of the company that owns Calvin Klein and Tommy Hilfiger says creativity will be even more of a differentiator in 2022 as fashion players better align merchandise planning with demand and continue their quest for greater market share.
Retail
The $12 Billion Start-Up Proving Wholesale Is Thriving
A $400 million investment in Faire, which pairs brands with retailers, is a sign of how multi-brand stores are here to stay after a decade where direct-to-consumer brands dominated the conversation.
The $12 Billion Start-Up Proving Wholesale Is Thriving
A $400 million investment in Faire, which pairs brands with retailers, is a sign of how multi-brand stores are here to stay after a decade where direct-to-consumer brands dominated the conversation.
Luxury
Dover Street Market Aims to Reinvent Retail (Again)
Comme des Garçons’ chain of luxury bazaars reimagined multi-brand retail. Now, CEO Adrian Joffe is aiming to do it again with radical events platform 3537.
Dover Street Market Aims to Reinvent Retail (Again)
Comme des Garçons’ chain of luxury bazaars reimagined multi-brand retail. Now, CEO Adrian Joffe is aiming to do it again with radical events platform 3537.
Luxury
How a Farfetch-Richemont Deal Would Shape the Future of Luxury Online
This week, everyone will be talking about a possible partnership between Richemont and Farfetch, Prada’s Capital Markets Day and the arrival of products from Balenciaga and Gucci’s ‘Hacker Project.’
How a Farfetch-Richemont Deal Would Shape the Future of Luxury Online
This week, everyone will be talking about a possible partnership between Richemont and Farfetch, Prada’s Capital Markets Day and the arrival of products from Balenciaga and Gucci’s ‘Hacker Project.’
Luxury
Inside Neiman Marcus’ Post-Bankruptcy Playbook
The luxury department store company plans to win shoppers with redesigned stores, faster shipping and digitised personal shopping.
Inside Neiman Marcus’ Post-Bankruptcy Playbook
The luxury department store company plans to win shoppers with redesigned stores, faster shipping and digitised personal shopping.
Retail
Allbirds Won Over Investors. Now What?
The sustainable sneaker company saw shares soar in its debut, but a strong opening act doesn’t guarantee success down the line, critics say.
Allbirds Won Over Investors. Now What?
The sustainable sneaker company saw shares soar in its debut, but a strong opening act doesn’t guarantee success down the line, critics say.
Retail
Unpacking Nike’s New Partnership with Dick’s Sporting Goods
The sports and fitness retailer, which saw sales soar since the start of the pandemic, is one of Nike’s most important retailers in its direct-to-consumer focused era.
Unpacking Nike’s New Partnership with Dick’s Sporting Goods
The sports and fitness retailer, which saw sales soar since the start of the pandemic, is one of Nike’s most important retailers in its direct-to-consumer focused era.
China
7 Shanghai Powerbrokers on the Future of China’s Fashion Ecosystem
As influencers, buyers and editors gather for the latest Shanghai Fashion Week, industry insiders share their thoughts on China’s creative ecosystem and what needs to happen for the city to become a global fashion capital.
7 Shanghai Powerbrokers on the Future of China’s Fashion Ecosystem
As influencers, buyers and editors gather for the latest Shanghai Fashion Week, industry insiders share their thoughts on China’s creative ecosystem and what needs to happen for the city to become a global fashion capital.
Fashion Week
What’s Next for the Fashion System?
The radical overhaul proposed by independent designers last year never gained traction, but the pandemic has been a catalyst for individual brands to shift the way they market and deliver collections.
What’s Next for the Fashion System?
The radical overhaul proposed by independent designers last year never gained traction, but the pandemic has been a catalyst for individual brands to shift the way they market and deliver collections.
Luxury
Canada Goose Expands Into Footwear
With the release of a $1,300 winter boot, Canada Goose is looking beyond its puffer jacket hero product.
Canada Goose Expands Into Footwear
With the release of a $1,300 winter boot, Canada Goose is looking beyond its puffer jacket hero product.
Entrepreneurship
Why Some Black Founders Are Uneasy About Fashion’s Diversity Initiatives
Black-owned brands are in the spotlight, but some entrepreneurs worry that aligning their own racial identities with those of their brands will alienate some customers — and not all retailers are coming to them with mutually beneficial offers.
Why Some Black Founders Are Uneasy About Fashion’s Diversity Initiatives
Black-owned brands are in the spotlight, but some entrepreneurs worry that aligning their own racial identities with those of their brands will alienate some customers — and not all retailers are coming to them with mutually beneficial offers.
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.