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.
tariff
Luxury
Is the Storm Blowing Over for Watchmakers? Yes and No
It’s a case of winners and losers for Swiss watchmakers, as the strongest brands shoot ahead, widening the gap with their smaller rivals, writes Robin Swithinbank. Plus, Rolex’s LIV Golf tie-up and The Honourable Merchants Group’s pause.
Is the Storm Blowing Over for Watchmakers? Yes and No
It’s a case of winners and losers for Swiss watchmakers, as the strongest brands shoot ahead, widening the gap with their smaller rivals, writes Robin Swithinbank. Plus, Rolex’s LIV Golf tie-up and The Honourable Merchants Group’s pause.
Global Markets
Worldview | What India’s Trade Deals with US and EU Mean for Fashion
This week’s round-up of global markets fashion business news also features the next wave of Chinese luxury malls, Sri Lanka’s apparel exports and plans for Saudi Arabia’s new fashion district.
Worldview | What India’s Trade Deals with US and EU Mean for Fashion
This week’s round-up of global markets fashion business news also features the next wave of Chinese luxury malls, Sri Lanka’s apparel exports and plans for Saudi Arabia’s new fashion district.
Global Markets
Trump, Modi Reach Trade Deal Slashing India Tariffs to 18%
Trump is also removing the extra 25 percent duty on Indian goods he applied in response to India’s purchases of crude from Russia, Bloomberg reported.
Trump, Modi Reach Trade Deal Slashing India Tariffs to 18%
Trump is also removing the extra 25 percent duty on Indian goods he applied in response to India’s purchases of crude from Russia, Bloomberg reported.
Global Markets
Africa’s Fashion Factories Pay for US Trade Limbo Over AGOA
Even if Washington moves to extend the duty-free trade deal for 32 African countries, letting it lapse in September has put factory jobs at risk and forced manufacturers to absorb new costs, weakening US sourcing ties across the region from Kenya to Madagascar.
Africa’s Fashion Factories Pay for US Trade Limbo Over AGOA
Even if Washington moves to extend the duty-free trade deal for 32 African countries, letting it lapse in September has put factory jobs at risk and forced manufacturers to absorb new costs, weakening US sourcing ties across the region from Kenya to Madagascar.
Global Markets
Worldview | Venezuela’s Fashion Retailers Return to ‘Business as Usual’
This week’s round-up of global markets fashion business news also features China’s plummeting footwear exports, Indonesian textiles and Chile’s department store giant.
Worldview | Venezuela’s Fashion Retailers Return to ‘Business as Usual’
This week’s round-up of global markets fashion business news also features China’s plummeting footwear exports, Indonesian textiles and Chile’s department store giant.
Retail
Trump’s Greenland U-Turn Is a Reminder That Fashion’s Only Constant Is Chaos
The US president briefly threatened new, punitive tariffs on eight European countries that opposed his designs on the Danish territory. The episode served as a warning that the industry needs to stop planning for a ‘new normal.’
Trump’s Greenland U-Turn Is a Reminder That Fashion’s Only Constant Is Chaos
The US president briefly threatened new, punitive tariffs on eight European countries that opposed his designs on the Danish territory. The episode served as a warning that the industry needs to stop planning for a ‘new normal.’
Global Markets
Trump Backs Off Greenland Tariffs, Citing ‘Framework’ Deal
The decision, which Trump announced Wednesday on social media, marks a stark reversal for a president who has repeatedly attempted to coerce Europe over Greenland.
Trump Backs Off Greenland Tariffs, Citing ‘Framework’ Deal
The decision, which Trump announced Wednesday on social media, marks a stark reversal for a president who has repeatedly attempted to coerce Europe over Greenland.
Retail
Trump Hits 8 European Countries With Tariffs As He Pursues Greenland
The US president announced a 10 percent tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland in an escalation of the dispute over his desire to purchase Greenland.
Trump Hits 8 European Countries With Tariffs As He Pursues Greenland
The US president announced a 10 percent tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland in an escalation of the dispute over his desire to purchase Greenland.
Retail
This Week: Waiting on Tariffs, Saks and More
The fate of Trump’s tariffs and Saks’ bankruptcy in the coming days, weeks and months will define how fashion’s year plays out.
This Week: Waiting on Tariffs, Saks and More
The fate of Trump’s tariffs and Saks’ bankruptcy in the coming days, weeks and months will define how fashion’s year plays out.
Retail
More Than 1,000 Companies Are Suing Trump Over His Tariffs
Companies are flocking to challenge the administration's import taxes in court, after the Supreme Court started asking tough questions.
More Than 1,000 Companies Are Suing Trump Over His Tariffs
Companies are flocking to challenge the administration's import taxes in court, after the Supreme Court started asking tough questions.
Retail
The Themes That Will Define the 2026 Fashion Agenda | The Debrief
Brian Baskin and Sheena Butler-Young sit down with BoF correspondent Marc Bain to unpack why executives are calling 2026 a ‘challenging’ year.
The Themes That Will Define the 2026 Fashion Agenda | The Debrief
Brian Baskin and Sheena Butler-Young sit down with BoF correspondent Marc Bain to unpack why executives are calling 2026 a ‘challenging’ year.
News & Analysis
The 10 Themes That Will Define the Fashion Agenda in the Year Ahead
From subdued consumer confidence to AI’s expanding role in business, The State of Fashion 2026 sets out the key challenges and opportunities shaping the industry in the year ahead.
The 10 Themes That Will Define the Fashion Agenda in the Year Ahead
From subdued consumer confidence to AI’s expanding role in business, The State of Fashion 2026 sets out the key challenges and opportunities shaping the industry in the year ahead.
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.