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
Media
Vogue Italia Editor Emanuele Farneti Exits Amid Consolidation
His departure follows that of many of his editor-in-chief counterparts, including leaders in Germany, Spain and India.
Vogue Italia Editor Emanuele Farneti Exits Amid Consolidation
His departure follows that of many of his editor-in-chief counterparts, including leaders in Germany, Spain and India.
Luxury
LVMH to Buy Majority Stake in Off-White, Expand Virgil Abloh’s Role
The luxury conglomerate will acquire the trademark to the New Guards Group-operated streetwear label, as well as work with its creative director to launch new brands and energise existing ones across its portfolio.
LVMH to Buy Majority Stake in Off-White, Expand Virgil Abloh’s Role
The luxury conglomerate will acquire the trademark to the New Guards Group-operated streetwear label, as well as work with its creative director to launch new brands and energise existing ones across its portfolio.
Luxury
The Logic Behind LVMH’s Phoebe Philo Deal
LVMH’s bet on Phoebe Philo’s new label keeps the star designer in the group’s orbit and gives it a new opportunity to experiment with a digital-first business model.
The Logic Behind LVMH’s Phoebe Philo Deal
LVMH’s bet on Phoebe Philo’s new label keeps the star designer in the group’s orbit and gives it a new opportunity to experiment with a digital-first business model.
Luxury
Burberry Says It’s ‘Confident’ Tisci Will Stay On as Sales Beat Estimates
The British brand’s sales have rebounded from a pandemic slump, but its future remains uncertain.
Burberry Says It’s ‘Confident’ Tisci Will Stay On as Sales Beat Estimates
The British brand’s sales have rebounded from a pandemic slump, but its future remains uncertain.
Luxury
Lagerfeld-Era Image Director Éric Pfrunder Has Left Chanel
In a bid for continuity after the death of Karl Lagerfeld, Pfrunder was appointed artistic director for fashion image alongside Virginie Viard, who was named artistic director for fashion collections.
Lagerfeld-Era Image Director Éric Pfrunder Has Left Chanel
In a bid for continuity after the death of Karl Lagerfeld, Pfrunder was appointed artistic director for fashion image alongside Virginie Viard, who was named artistic director for fashion collections.
Workplace & Talent
Why Fashion Needs Chief Brand Officers
More than just an updated title for marketing executives, chief brand officers are tasked with navigating a climate where everything from advertising campaigns to holiday policies and suppliers can shape a company’s image.
Why Fashion Needs Chief Brand Officers
More than just an updated title for marketing executives, chief brand officers are tasked with navigating a climate where everything from advertising campaigns to holiday policies and suppliers can shape a company’s image.
Workplace & Talent
How to Be a Post-Pandemic CEO
Top fashion executives are sharpening the skills they will need most to strengthen morale and boost business after a year of crises.
How to Be a Post-Pandemic CEO
Top fashion executives are sharpening the skills they will need most to strengthen morale and boost business after a year of crises.
Luxury
Will 2021 Drive Game-Changing Luxury Deals?
The pandemic has increased the possibility of transformative M&A in the European luxury sector, from a Kering-Richemont mega-merger to an ‘Italian fashion project.’
Will 2021 Drive Game-Changing Luxury Deals?
The pandemic has increased the possibility of transformative M&A in the European luxury sector, from a Kering-Richemont mega-merger to an ‘Italian fashion project.’
Luxury
Angela Missoni Exits Creative Director Role
The designer spoke to BoF’s Tim Blanks about life beyond the family business.
Angela Missoni Exits Creative Director Role
The designer spoke to BoF’s Tim Blanks about life beyond the family business.
Workplace & Talent
How to Hire a Chief Diversity Officer
With equity and inclusion at the forefront of national conversation and public policy, the fashion industry is scrambling to hire diversity leaders. But in their haste to address years of falling short, companies must be careful not to do more harm than good.
How to Hire a Chief Diversity Officer
With equity and inclusion at the forefront of national conversation and public policy, the fashion industry is scrambling to hire diversity leaders. But in their haste to address years of falling short, companies must be careful not to do more harm than good.
Luxury
Alessandro Michele: ‘I Don’t Want to Be Bored by Myself’
The designer celebrated Gucci’s centenary with a collection that was all about rebirth.
Alessandro Michele: ‘I Don’t Want to Be Bored by Myself’
The designer celebrated Gucci’s centenary with a collection that was all about rebirth.
Luxury
Paul Andrew To Exit Ferragamo in Company Shakeup
The designer will leave his post this spring. Chairman Ferruccio Ferragamo is stepping down from the brand’s board to be succeeded by his brother Leonardo.
Paul Andrew To Exit Ferragamo in Company Shakeup
The designer will leave his post this spring. Chairman Ferruccio Ferragamo is stepping down from the brand’s board to be succeeded by his brother Leonardo.
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.