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.

As the fashion industry takes a breather in August, luxury brands grapple with creative leadership gaps, plummeting profits, and evolving consumer priorities, raising questions about whether current struggles signal a permanent shift in the market landscape, writes Imran Amed.

As the fashion industry takes a breather in August, luxury brands grapple with creative leadership gaps, plummeting profits, and evolving consumer priorities, raising questions about whether current struggles signal a permanent shift in the market landscape, writes Imran Amed.

With the devaluation of the yen, Tokyo has become a focal point for fashion shoppers looking for good deals. Imran Amed shares his key takeaways and recommendations from a recent trip to the world’s retail capital.

With the devaluation of the yen, Tokyo has become a focal point for fashion shoppers looking for good deals. Imran Amed shares his key takeaways and recommendations from a recent trip to the world’s retail capital.

Whoever brings home the medals at the Paris Olympics later this month, the French owner of Louis Vuitton and Dior will have a starring role in the games.

Whoever brings home the medals at the Paris Olympics later this month, the French owner of Louis Vuitton and Dior will have a starring role in the games.

From the decline of print advertising to the rise of influencers, Disney’s reported sequel to “The Devil Wears Prada” is sure to find fertile ground in a radically changed media landscape, writes Amy Odell.

From the decline of print advertising to the rise of influencers, Disney’s reported sequel to “The Devil Wears Prada” is sure to find fertile ground in a radically changed media landscape, writes Amy Odell.

We are crossing over into a new era where competitive advantage for major retailers which will come, not through further extraction of value from society, but through contribution of value to society, argues futurist Doug Stephens.

We are crossing over into a new era where competitive advantage for major retailers which will come, not through further extraction of value from society, but through contribution of value to society, argues futurist Doug Stephens.

The British trench coat maker’s latest revamp has faltered. Some point to executional errors, but Burberry may need to rethink its strategy and become a ‘British Coach,’ writes Luca Solca.

The British trench coat maker’s latest revamp has faltered. Some point to executional errors, but Burberry may need to rethink its strategy and become a ‘British Coach,’ writes Luca Solca.

Amazon will struggle to beat Temu and Shein at their own game, and in the process, it risks devaluing what has become its core proposition: convenience.

Amazon will struggle to beat Temu and Shein at their own game, and in the process, it risks devaluing what has become its core proposition: convenience.

The best way to learn and form a more well-rounded view of the complex and multi-faceted world we live in is to directly expose yourself to diverse opinions, writes Imran Amed, who is currently attending the Aspen Ideas Festival.

The best way to learn and form a more well-rounded view of the complex and multi-faceted world we live in is to directly expose yourself to diverse opinions, writes Imran Amed, who is currently attending the Aspen Ideas Festival.

Acquiring Richemont would catapult LVMH into a completely different stratosphere to the rest of the luxury industry, writes Andrea Felsted.

Acquiring Richemont would catapult LVMH into a completely different stratosphere to the rest of the luxury industry, writes Andrea Felsted.

Want to understand why it’s so hard to cut fashion’s planet-warming emissions? Or why consumers say they care about sustainability, but shop like they don’t? Stop thinking in straight lines, writes Kenneth P. Pucker.

Want to understand why it’s so hard to cut fashion’s planet-warming emissions? Or why consumers say they care about sustainability, but shop like they don’t? Stop thinking in straight lines, writes Kenneth P. Pucker.

Undercover’s master of hybrids is a hybrid himself, writes Tim Blanks.

Undercover’s master of hybrids is a hybrid himself, writes Tim Blanks.

The industry’s sustainability champions are banking on legislators to force brands to deliver on climate commitments. Unless policy is paired with rapid action, it still won’t be enough, argues Achim Berg.

The industry’s sustainability champions are banking on legislators to force brands to deliver on climate commitments. Unless policy is paired with rapid action, it still won’t be enough, argues Achim Berg.
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
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.
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
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.
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.
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.