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.
retail / Resale & Rental
Retail
Fashion Brands Are Missing Out on the Resale Opportunity
As secondhand sales soar, brands are finding reselling their own items is an increasingly attractive proposition even as operational hurdles remain, according to the BoF-McKinsey State of Fashion 2026.
Fashion Brands Are Missing Out on the Resale Opportunity
As secondhand sales soar, brands are finding reselling their own items is an increasingly attractive proposition even as operational hurdles remain, according to the BoF-McKinsey State of Fashion 2026.
Retail
The RealReal’s Plan to Capitalise on the Luxury Resale Boom
With more shoppers priced out by luxury's rising costs turning to secondhand goods, CEO Rati Sahi Levesque opens up in the BoF-McKinsey State of Fashion 2026 about how the resale player is welcoming them with open arms.
The RealReal’s Plan to Capitalise on the Luxury Resale Boom
With more shoppers priced out by luxury's rising costs turning to secondhand goods, CEO Rati Sahi Levesque opens up in the BoF-McKinsey State of Fashion 2026 about how the resale player is welcoming them with open arms.
Retail
How Modern Brides Are Redefining ‘Something Old’
With the rise of vintage-focused bridal salons and large retailers like David’s Bridal reviving archival pieces, the bridal market is seeing styles from the past walk down the aisle once again.
How Modern Brides Are Redefining ‘Something Old’
With the rise of vintage-focused bridal salons and large retailers like David’s Bridal reviving archival pieces, the bridal market is seeing styles from the past walk down the aisle once again.
Retail
How Mining the Archives Became Fashion’s Go-To Strategy
Brands such as Mulberry and Banana Republic are reissuing vintage pieces – or even selling the originals – as they look to tap into consumers’ nostalgia.
How Mining the Archives Became Fashion’s Go-To Strategy
Brands such as Mulberry and Banana Republic are reissuing vintage pieces – or even selling the originals – as they look to tap into consumers’ nostalgia.
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Retail
Resale Sites Try a New Strategy: Sell Less Stuff
After competing for decades to offer the widest possible selection, secondhand retailers like ThredUp, eBay, StockX and Rebag are now trying to gain an edge by offering a more curated experience, with the help of AI and celebrities.
Resale Sites Try a New Strategy: Sell Less Stuff
After competing for decades to offer the widest possible selection, secondhand retailers like ThredUp, eBay, StockX and Rebag are now trying to gain an edge by offering a more curated experience, with the help of AI and celebrities.
Retail
Inside America’s Fast Fashion Graveyard
In a bordertown in Texas, towering heaps of discarded clothing from across the country fill sprawling warehouses — the last stop in a global supply chain overflowing with fast fashion castoffs. One woman is trying to save what she can, one thrift tour at a time.
Inside America’s Fast Fashion Graveyard
In a bordertown in Texas, towering heaps of discarded clothing from across the country fill sprawling warehouses — the last stop in a global supply chain overflowing with fast fashion castoffs. One woman is trying to save what she can, one thrift tour at a time.
Retail
Can Stitch Fix Revive Its Subscription Box Model?
Under chief executive Matt Baer, the company has placed an emphasis on personalisation and purchase flexibility. The strategy appears to be working; Stitch Fix posted revenue growth for the first time Tuesday after 12 consecutive quarters of topline contraction.
Can Stitch Fix Revive Its Subscription Box Model?
Under chief executive Matt Baer, the company has placed an emphasis on personalisation and purchase flexibility. The strategy appears to be working; Stitch Fix posted revenue growth for the first time Tuesday after 12 consecutive quarters of topline contraction.
Retail
Resale Welcomes a Wave of ‘Tariff-ied’ New Customers
While resale businesses are booming with a surge of new customers seeking value by shopping used amidst tariff-induced economic uncertainty, it creates more urgency for resale to innovate.
Resale Welcomes a Wave of ‘Tariff-ied’ New Customers
While resale businesses are booming with a surge of new customers seeking value by shopping used amidst tariff-induced economic uncertainty, it creates more urgency for resale to innovate.
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Retail
Why So Many Brands Gave Up on Clothing Rental
Ralph Lauren, American Eagle Outfitters and Banana Republic are among the retailers that briefly experimented with the concept. The implosion of CaaStle, which provided logistics for many of these services, is the clearest sign yet that rental’s future lies elsewhere.
Why So Many Brands Gave Up on Clothing Rental
Ralph Lauren, American Eagle Outfitters and Banana Republic are among the retailers that briefly experimented with the concept. The implosion of CaaStle, which provided logistics for many of these services, is the clearest sign yet that rental’s future lies elsewhere.
Retail
The Business Behind Christos Garkinos’ Live Resale Empire
The former HSN host has built a loyal community – and racked up over $100 million in sales – by turning Instagram Live into a modern-day trunk show. Now, he’s eyeing the next frontier.
The Business Behind Christos Garkinos’ Live Resale Empire
The former HSN host has built a loyal community – and racked up over $100 million in sales – by turning Instagram Live into a modern-day trunk show. Now, he’s eyeing the next frontier.
Retail
Urban Outfitters' Clothing Rental Platform Turns Its First Annual Profit
Rental platform Nuuly reported an operating income of $13.3 million last year, a major benchmark for a concept that’s long been associated with rapid growth and steep losses.
Urban Outfitters' Clothing Rental Platform Turns Its First Annual Profit
Rental platform Nuuly reported an operating income of $13.3 million last year, a major benchmark for a concept that’s long been associated with rapid growth and steep losses.
Retail
After Viral ‘Wirkin,’ Walmart Inks Partnership With Luxury Reseller Rebag
Thousands of pre-owned Hermès, Chanel and Louis Vuitton accessories will be available for purchase on the retailer’s online marketplace.
After Viral ‘Wirkin,’ Walmart Inks Partnership With Luxury Reseller Rebag
Thousands of pre-owned Hermès, Chanel and Louis Vuitton accessories will be available for purchase on the retailer’s online marketplace.
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.