Lab-grown diamonds went from selling for around 20% less than mined diamonds in 2019 to selling for around 80% less. Some mined diamond prices have fallen as much as 20% and will likely continue dropping next year. The changes have been immediately felt by jewelers who spoke with Glossy.

In March, Amazon scored a major coup in the world of premium beauty by bringing Clinique — the first of several Estee Lauder companies slated to join Amazon — onto the platform. Melis del Rey, Amazon’s gm and director of North American stores for beauty, baby and beauty technology, was...

On this special episode of the Glossy Podcast, members of the Glossy editorial team discuss some of the big stories they expect to dominate our coverage in 2025, including the impact of the new Trump administration, the potential bounceback of the luxury industry, the continued rise of resale and rental,...

Looking ahead to 2025, will fashion’s love affair with the sports world continue? Given the flurry of new sports collaborations announced in the last weeks of the year, it seems like things are going full steam ahead. But there are a few hitches in the road, like the growing sense...

This week, we talk about the complications around the ongoing merger between Saks Fifth Avenue and Neiman Marcus that would put almost every major American luxury department store under one company. Later, we talk about interesting tidbits from Inditex’s earnings and offer a preview of who’s showing and when at...

The ongoing series of acquisitions and sell-offs paint a picture of an industry in flux. Dried up funding has made it harder for newer brands to get off the ground while larger companies are looking to build out their portfolios to compete with mega conglomerates like LVMH or Kering.

Branded resale tech company Trove has had a busy 2024. In May, Terry Boyle took over as CEO, and in August, Trove acquired its competitor, Recurate. Last month, Trove rolled out a new feature with Patagonia, one of its earliest clients, called the Resale Plugin. It allows brands to seamlessly...

The most coveted open position in fashion has finally been filled. This week, Chanel announced that Bottega Veneta creative director Matthieu Blazy will be taking over as artistic director for the brand. The position was previously held by Virginie Viard, the protege of the late Karl Lagerfeld, but it has...

This week, we take a look at the looming TikTok ban, which looks likelier than ever now that three federal judges have ruled that the ban does not violate the First Amendment. Later, we talk about Coty securing the licensing deal to make Swarovski-branded fragrances and the growing appeal of...