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.
leadership
Luxury
Ex-Asos Chief Nick Beighton to Lead MatchesFashion, Replacing Paolo De Cesare
Beighton is the fourth CEO to run the luxury e-tailer in less than five years as its private equity owners struggle to improve performance.
Ex-Asos Chief Nick Beighton to Lead MatchesFashion, Replacing Paolo De Cesare
Beighton is the fourth CEO to run the luxury e-tailer in less than five years as its private equity owners struggle to improve performance.
Retail
American Eagle’s Hottest Business Isn’t Jeans — It’s Logistics
After acquiring two supply-chain start-ups last year, the teen retailer wants to build an ‘open source’ shipping and storage network it thinks can someday be a bigger business than selling clothes.
American Eagle’s Hottest Business Isn’t Jeans — It’s Logistics
After acquiring two supply-chain start-ups last year, the teen retailer wants to build an ‘open source’ shipping and storage network it thinks can someday be a bigger business than selling clothes.
China
Meet Alibaba’s New Fashion Powerbrokers
Following a management reshuffle, leaders at the e-commerce giant are developing services to revitalise sales for brands in the troubled China market.
Meet Alibaba’s New Fashion Powerbrokers
Following a management reshuffle, leaders at the e-commerce giant are developing services to revitalise sales for brands in the troubled China market.
Entrepreneurship
How to Fundraise in a Bear Market
Facing a possible recession, private investors are tightening their purse strings. This means fashion and beauty start-ups must preserve cash and undertake creative tactics to secure capital.
How to Fundraise in a Bear Market
Facing a possible recession, private investors are tightening their purse strings. This means fashion and beauty start-ups must preserve cash and undertake creative tactics to secure capital.
Luxury
Will Gucci’s New Creative Configuration Work?
The Italian megabrand has partitioned its creative department and recruited Maria Cristina Lomanto to oversee merchandising. Is it enough to reignite consumer interest? Luca Solca does the analysis.
Will Gucci’s New Creative Configuration Work?
The Italian megabrand has partitioned its creative department and recruited Maria Cristina Lomanto to oversee merchandising. Is it enough to reignite consumer interest? Luca Solca does the analysis.
Workplace & Talent
Why Do Fashion’s Chief Diversity Officers Keep Quitting?
Dozens of companies hired diversity leaders in the last two years, but executives who take these roles are often overworked and under-resourced.
Why Do Fashion’s Chief Diversity Officers Keep Quitting?
Dozens of companies hired diversity leaders in the last two years, but executives who take these roles are often overworked and under-resourced.
Retail
How to Take a Brand From Local to Global
For most of its first two decades, Farm Rio was little known outside its native Brazil. But since entering the US in 2019, the dressmaker has made a splash in contemporary womenswear, with sales reaching $50 million in its new market last year. Next up: Europe.
How to Take a Brand From Local to Global
For most of its first two decades, Farm Rio was little known outside its native Brazil. But since entering the US in 2019, the dressmaker has made a splash in contemporary womenswear, with sales reaching $50 million in its new market last year. Next up: Europe.
Beauty
Advice for Glossier’s New CEO
Kyle Leahy, a veteran of Nike and Cole Haan, succeeds founder Emily Weiss. But will a traditional retail executive be able to steer an untraditional brand?
Advice for Glossier’s New CEO
Kyle Leahy, a veteran of Nike and Cole Haan, succeeds founder Emily Weiss. But will a traditional retail executive be able to steer an untraditional brand?
Workplace & Talent
What Fashion’s Class of 2022 Expects from Employers
A tight labour market, the pandemic and renewed emphasis on racial equity and climate change have recast the industry’s desirable jobs and companies.
What Fashion’s Class of 2022 Expects from Employers
A tight labour market, the pandemic and renewed emphasis on racial equity and climate change have recast the industry’s desirable jobs and companies.
Luxury
How Saint Laurent Became a $3 Billion Powerhouse
CEO Francesca Bellettini breaks down how she worked with designer Anthony Vaccarello to more than double sales in 5 years, leaning into an amped-up take on Parisian glamour, seasonless merchandising and rapid expansion in leather goods.
How Saint Laurent Became a $3 Billion Powerhouse
CEO Francesca Bellettini breaks down how she worked with designer Anthony Vaccarello to more than double sales in 5 years, leaning into an amped-up take on Parisian glamour, seasonless merchandising and rapid expansion in leather goods.
Media
Inside the Unauthorised Biography of Anna Wintour
On this week’s episode of The BoF Podcast, BoF’s Imran Amed quizzes Amy Odell on how she went about biographing the fashion media icon, and the surprising things she learned on the way.
Inside the Unauthorised Biography of Anna Wintour
On this week’s episode of The BoF Podcast, BoF’s Imran Amed quizzes Amy Odell on how she went about biographing the fashion media icon, and the surprising things she learned on the way.
Workplace & Talent
How to Win Back Employees Who Quit During the Pandemic
Scores of people who quit their jobs during the pandemic are open to giving their former employers a second chance. But winning these workers back requires a bit of extra effort.
How to Win Back Employees Who Quit During the Pandemic
Scores of people who quit their jobs during the pandemic are open to giving their former employers a second chance. But winning these workers back requires a bit of extra effort.
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.