Latest News & Analysis

De Beers Cuts Diamond Prices for the First Time in Over a Year
The diamond company has cut diamond prices to address slumping demand caused by a downturn in Chinese luxury spending, the rising popularity of synthetic stones and US tariffs on India.

Valentino, Italy’s Fashion ‘Emperor,’ Has Died
A master of breathtakingly beautiful eveningwear, the couturier turned a startup label into one of the world’s best known fashion brands.

Exclusive: L Catterton Invests in Ex Nihilo
The LVMH-backed private equity firm has taken a large minority stake in the high perfumery brand, which looks to push deeper into the US market.

Luxury Stocks Hit Three-Month Low as Analysts Warn on Valuations
As Europe’s luxury-goods stocks get off to a shaky start to 2026, some analysts are warning that the sector’s recent rally has left valuations looking inflated.

How GLP-1s Are Shaping Beauty and Fashion
The recent launch of the Wegovy pill and a pipeline full of next-generation weight loss drugs are already having major consequences on apparel, aesthetics and other attendant industries. Experts say it’s only the beginning.

How Retailers Can Effectively Target Fashion and Beauty Consumers
Braze’s head of retail and e-commerce industry marketing Meredith Mitchell, 111Skin’s CMO Michael Edelmann, Wharton Business School’s marketing professor Peter Fader and BoF’s Yasmine Dahlberg unpack how fashion and beauty brands can build stronger consumer relationships in 2026 and beyond.

Shiseido Faces Tough Turnaround After Costly Cosmetics Stumbles
Once a formidable challenger to L’Oréal and the Estée Lauder Companies, Japan's largest beauty conglomerate is navigating its biggest challenge in decades, hurt by a costly misfire in North America and pressure from international rivals.

Top Designers Shed Secrecy Around Work for Chinese Brands
The growing power, prestige and global ambition of Chinese brands has ended the era of discretion for fashion heavyweights, with figures such as ex-LVMH designers Kim Jones and Kris Van Assche now publicly promoting their roles at Bosideng and Anta respectively.

Why Almost Every Brand Is Moving Upmarket
Brands are elevating their offerings to avoid competition with Shein on the low end or capture high-end shoppers squeezed out by luxury's soaring prices, says the BoF-McKinsey State of Fashion 2026.

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.

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.

Can We Fix the Fashion System?
An informal survey of BoF readers reveals a glaring gap between fashion’s senior executives and frontline workers on the most critical issues facing the industry in 2026, writes Imran Amed.