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.
waste
Latest News & Analysis
Sustainability
Reformation’s IPO Push Bets on Going Green in $200 Eucalyptus Pants
Fast-growing womenswear maker Reformation will be the next big test of whether a brand pitching sustainability can win over a wider audience and deliver on environmental promises.
Reformation’s IPO Push Bets on Going Green in $200 Eucalyptus Pants
Fast-growing womenswear maker Reformation will be the next big test of whether a brand pitching sustainability can win over a wider audience and deliver on environmental promises.
Sustainability
Coach Tests ‘Circular’ Coachtopia Sub-Brand
The American accessories giant says the line will serve as lab to develop new design and production models, starting with a capsule that features patchworked products made from manufacturing scraps. How the project will scale remains unclear.
Coach Tests ‘Circular’ Coachtopia Sub-Brand
The American accessories giant says the line will serve as lab to develop new design and production models, starting with a capsule that features patchworked products made from manufacturing scraps. How the project will scale remains unclear.
Sustainability
When Marketing Gets Political
Rothy’s is running a marketing blitz in support of a New York state recycling bill, a sign of fashion’s shifting relationship with politics and advocacy.
When Marketing Gets Political
Rothy’s is running a marketing blitz in support of a New York state recycling bill, a sign of fashion’s shifting relationship with politics and advocacy.
Sustainability
Can a Zero-Carbon Sneaker Make Allbirds Cool Again?
The footwear company says it has cracked its holy-grail goal to develop a net-zero carbon shoe. All investors want is a path to profitability.
Can a Zero-Carbon Sneaker Make Allbirds Cool Again?
The footwear company says it has cracked its holy-grail goal to develop a net-zero carbon shoe. All investors want is a path to profitability.
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Sustainability
Is Sustainable Fashion Elitist?
Calling out the industry’s environmental footprint and the true cost of making clothes has touched off a complex and heated debate about the accessibility and affordability of lower-impact fashion.
Is Sustainable Fashion Elitist?
Calling out the industry’s environmental footprint and the true cost of making clothes has touched off a complex and heated debate about the accessibility and affordability of lower-impact fashion.
Sustainability
Should Fashion Pay for Its ‘Waste Colonialism’?
Every year, millions of tons of old clothes are shipped around the world as part of the global secondhand clothing trade. Nonprofit The Or Foundation and Vestiaire Collective are lobbying for regulation that benefits the countries where they end up.
Should Fashion Pay for Its ‘Waste Colonialism’?
Every year, millions of tons of old clothes are shipped around the world as part of the global secondhand clothing trade. Nonprofit The Or Foundation and Vestiaire Collective are lobbying for regulation that benefits the countries where they end up.
Sustainability
Beyond ‘Blah Blah Blah’: Fashion’s Sustainability Priorities for 2023
Regulators are taking aim at the industry’s glacial progress on climate and labour rights, creating new incentives and risks for sustainability efforts in the coming year.
Beyond ‘Blah Blah Blah’: Fashion’s Sustainability Priorities for 2023
Regulators are taking aim at the industry’s glacial progress on climate and labour rights, creating new incentives and risks for sustainability efforts in the coming year.
Sustainability
The Best of BoF: Fashion’s Sustainability Reckoning
From innovative materials to regulatory crackdowns, 2022 was a year that pushed the fashion industry to rethink how it operates.
The Best of BoF: Fashion’s Sustainability Reckoning
From innovative materials to regulatory crackdowns, 2022 was a year that pushed the fashion industry to rethink how it operates.
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Sustainability
Vestiaire Collective Bans Fast Fashion
Roughly 5 percent of listings will be hit by the move, the resale site said, as it seeks to position itself as an eco-conscious player at the upper end of an increasingly competitive market.
Vestiaire Collective Bans Fast Fashion
Roughly 5 percent of listings will be hit by the move, the resale site said, as it seeks to position itself as an eco-conscious player at the upper end of an increasingly competitive market.
Sustainability
BoF Insights | Does Fashion Stand a Chance of Hitting Its Sustainability Targets?
With all eyes on COP27, BoF Insights research into the sustainability initiatives of the world’s 30 largest publicly listed fashion companies underscores why the industry is at risk of missing sustainability goals set for the end of this decade.
BoF Insights | Does Fashion Stand a Chance of Hitting Its Sustainability Targets?
With all eyes on COP27, BoF Insights research into the sustainability initiatives of the world’s 30 largest publicly listed fashion companies underscores why the industry is at risk of missing sustainability goals set for the end of this decade.
Retail
Fast Fashion Upstarts Are Using Shein’s Own Strategies Against It
The Chinese retailer’s influence on manufacturing has been just as seismic. Now, the breakneck supply chain pioneered by Shein is allowing a new swathe of brands to make the most of operating in the colossal retailer’s slipstream.
Fast Fashion Upstarts Are Using Shein’s Own Strategies Against It
The Chinese retailer’s influence on manufacturing has been just as seismic. Now, the breakneck supply chain pioneered by Shein is allowing a new swathe of brands to make the most of operating in the colossal retailer’s slipstream.
Sustainability
Fashion’s COP27 Cheat Sheet
The UN’s annual climate summit is taking place against a challenging backdrop. But coming together to agree on tangible action has never been more critical.
Fashion’s COP27 Cheat Sheet
The UN’s annual climate summit is taking place against a challenging backdrop. But coming together to agree on tangible action has never been more critical.
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.