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.
materials
Latest News & Analysis
Global Markets
How Oil Shock Fears Are Rippling Through Fashion | The Debrief
This week on The Debrief, BoF’s Shayeza Walid and Cathaleen Chen unpack why the war in Iran and disruption in the Strait of Hormuz matter to fashion — from synthetic fibre costs and factory energy shortages to freight surcharges and weakening consumer confidence.
How Oil Shock Fears Are Rippling Through Fashion | The Debrief
This week on The Debrief, BoF’s Shayeza Walid and Cathaleen Chen unpack why the war in Iran and disruption in the Strait of Hormuz matter to fashion — from synthetic fibre costs and factory energy shortages to freight surcharges and weakening consumer confidence.
Partner Content
At Ecoalf, Designing for the Future of Circular Fashion
Ecoalf is sharpening its circularity-first approach while expanding its global footprint. BoF sits down with its founder Javier Goyeneche to discuss the challenges and opportunities that lie ahead for the mission-driven brand that puts sustainability at the core of its business.
At Ecoalf, Designing for the Future of Circular Fashion
Ecoalf is sharpening its circularity-first approach while expanding its global footprint. BoF sits down with its founder Javier Goyeneche to discuss the challenges and opportunities that lie ahead for the mission-driven brand that puts sustainability at the core of its business.
Global Markets
Worldview | India’s Textile Sector Struggles With Waste Management
This week’s round-up of global markets fashion business news also features Turkey’s EU Green Deal and Indonesia’s thrift boom.
Worldview | India’s Textile Sector Struggles With Waste Management
This week’s round-up of global markets fashion business news also features Turkey’s EU Green Deal and Indonesia’s thrift boom.
Global Markets
Worldview | Indian Textile Exporters Seek Relief as US Tariffs Bite
This week’s round-up of global markets fashion business news also features Harrods’ China retreat, Mauritian garment factories and Ghana’s kente cloth.
Worldview | Indian Textile Exporters Seek Relief as US Tariffs Bite
This week’s round-up of global markets fashion business news also features Harrods’ China retreat, Mauritian garment factories and Ghana’s kente cloth.
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Luxury
Gold Is Pricier Than Ever. Jewellers Are Getting Creative.
With gold at historic highs, designers are trading in 18 carat for sterling silver, silk cords and lab-grown diamonds — reshaping the definition of fine jewellery along the way.
Gold Is Pricier Than Ever. Jewellers Are Getting Creative.
With gold at historic highs, designers are trading in 18 carat for sterling silver, silk cords and lab-grown diamonds — reshaping the definition of fine jewellery along the way.
Media
Condé Nast Goes Public With Fur Ban After Activists Target Executives
The Vogue publisher said it has long-standing guidelines that prohibit the use of new animal fur in most editorial and advertising content. These have now been made public.
Condé Nast Goes Public With Fur Ban After Activists Target Executives
The Vogue publisher said it has long-standing guidelines that prohibit the use of new animal fur in most editorial and advertising content. These have now been made public.
Beauty
The End of Glitter?
“Glow” has replaced “glam” as beauty’s vibe-du-jour, making pearlescent powder and face gloss more in-demand — and bumping glitter from the industry’s VIP ingredient list.
The End of Glitter?
“Glow” has replaced “glam” as beauty’s vibe-du-jour, making pearlescent powder and face gloss more in-demand — and bumping glitter from the industry’s VIP ingredient list.
Global Markets
Trump Tariffs Get Personal for the Harris Tweed Makers of the Hebrides
Donald Trump’s tariffs are threatening the livelihoods of Harris Tweed weavers in the Outer Hebrides, posing a threat to the centuries-old craft and the economic stability of the island communities.
Trump Tariffs Get Personal for the Harris Tweed Makers of the Hebrides
Donald Trump’s tariffs are threatening the livelihoods of Harris Tweed weavers in the Outer Hebrides, posing a threat to the centuries-old craft and the economic stability of the island communities.
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Retail
Cult Swim Brand Hunza G Goes for Growth
Following a management buyout, creative director Georgiana Huddart and new CEO Krishna Nikhil lay out their plans to double the crinkly one-size-fits-all British swimwear label’s annual sales to £60 million over the next two years.
Cult Swim Brand Hunza G Goes for Growth
Following a management buyout, creative director Georgiana Huddart and new CEO Krishna Nikhil lay out their plans to double the crinkly one-size-fits-all British swimwear label’s annual sales to £60 million over the next two years.
Luxury
Luxury Has a Fake News Problem. Is Silence the Right Strategy?
Hermès, Chanel and Louis Vuitton are among the luxury megabrands that have largely remained quiet amid a flood of viral TikToks falsely suggesting their bags are made in China.
Luxury Has a Fake News Problem. Is Silence the Right Strategy?
Hermès, Chanel and Louis Vuitton are among the luxury megabrands that have largely remained quiet amid a flood of viral TikToks falsely suggesting their bags are made in China.
Retail
How Made-in-America Brands Turn Tariff Turmoil Into Opportunity
While tariff uncertainty threatens to roil the global fashion industry, brands that already produce their goods in the US have an opportunity to shine if they’re able to communicate the value of American manufacturing to cautious consumers.
How Made-in-America Brands Turn Tariff Turmoil Into Opportunity
While tariff uncertainty threatens to roil the global fashion industry, brands that already produce their goods in the US have an opportunity to shine if they’re able to communicate the value of American manufacturing to cautious consumers.
Partner Content
At Milano Unica, 20 Years of Shaping Sustainable Sourcing and Global Trade
To help fashion brands and businesses meet growing demand for more resilient and sustainable sourcing solutions amid shifting geopolitical dynamics, Milano Unica, Italy’s bi-annual textile and accessories trade fair, is evolving its focus and programming. BoF learns more from Simone Canclini, president of Milano Unica.
At Milano Unica, 20 Years of Shaping Sustainable Sourcing and Global Trade
To help fashion brands and businesses meet growing demand for more resilient and sustainable sourcing solutions amid shifting geopolitical dynamics, Milano Unica, Italy’s bi-annual textile and accessories trade fair, is evolving its focus and programming. BoF learns more from Simone Canclini, president of Milano Unica.
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.