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.
Market GPS
News & Analysis
Nashville: America’s Next Fashion Capital?
Once synonymous with rhinestones and cowboy boots, a growing number of emerging fashion labels have turned Music City into a thriving fashion hub.
Nashville: America’s Next Fashion Capital?
Once synonymous with rhinestones and cowboy boots, a growing number of emerging fashion labels have turned Music City into a thriving fashion hub.
Retail
Capitalising on Canada’s Fashion Moment
‘The Great White North’ has never felt more culturally relevant and luxury retailers have taken note. But how real — and big — is the opportunity?
Capitalising on Canada’s Fashion Moment
‘The Great White North’ has never felt more culturally relevant and luxury retailers have taken note. But how real — and big — is the opportunity?
Retail
Flush With Tech Wealth, San Francisco Warms to Fashion
As tech wealth grows and cultural values shift, San Francisco and neighbouring Silicon Valley are embracing fashion, creating opportunity for brands and retailers.
Flush With Tech Wealth, San Francisco Warms to Fashion
As tech wealth grows and cultural values shift, San Francisco and neighbouring Silicon Valley are embracing fashion, creating opportunity for brands and retailers.
Global Markets
Riding the Miami Wave
Luxury brands are stepping up their presence in the gateway to Latin America, but can Miami carry their weight?
Riding the Miami Wave
Luxury brands are stepping up their presence in the gateway to Latin America, but can Miami carry their weight?
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Global Markets
Myanmar’s Mixed Messages
One of Asia’s poorest nations is also one of its most exciting markets. But just how enthusiastic should fashion brands be about Myanmar’s 50 million would-be consumers?
Myanmar’s Mixed Messages
One of Asia’s poorest nations is also one of its most exciting markets. But just how enthusiastic should fashion brands be about Myanmar’s 50 million would-be consumers?
Marketing
Unlocking the Enigma of Iran
Iran is on the verge of a diplomatic breakthrough with the West. But after decades of sanctions, fatwas and hostile relations, how promising is its fashion market?
Unlocking the Enigma of Iran
Iran is on the verge of a diplomatic breakthrough with the West. But after decades of sanctions, fatwas and hostile relations, how promising is its fashion market?
Global Markets
A Shrinking Market: Is This Brazil’s ‘New Normal?’
Fashion brands rely on Brazil as their cash cow in Latin America, but how resilient is the luxury market as economic crisis deepens in the country?
A Shrinking Market: Is This Brazil’s ‘New Normal?’
Fashion brands rely on Brazil as their cash cow in Latin America, but how resilient is the luxury market as economic crisis deepens in the country?
Global Markets
The Truth Behind Macau’s Luxury Market
With gambling revenues that dwarf those of Las Vegas and non-stop retail expansion, why are there so many mixed messages about China’s gambling mecca?
The Truth Behind Macau’s Luxury Market
With gambling revenues that dwarf those of Las Vegas and non-stop retail expansion, why are there so many mixed messages about China’s gambling mecca?
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Global Markets
Panama, Latin America’s Nerve Centre
As the gateway to a regional fashion market worth $150 billion and a hub connecting 600 million people, there is more to Panama than meets the eye.
Panama, Latin America’s Nerve Centre
As the gateway to a regional fashion market worth $150 billion and a hub connecting 600 million people, there is more to Panama than meets the eye.
Global Markets
South Korea, Climbing the Ranks of Asia's 'A League'
What South Korea’s fashion market lacks in scale, it makes up for in influence, thanks to the continuing cool factor of both Korean brands and ‘Brand Korea.’
South Korea, Climbing the Ranks of Asia's 'A League'
What South Korea’s fashion market lacks in scale, it makes up for in influence, thanks to the continuing cool factor of both Korean brands and ‘Brand Korea.’
Global Markets
In South Africa, More Evolution than Revolution
A year after the death of Nelson Mandela and two decades since the end of apartheid, South Africa’s fashion market holds up a skewed mirror to its vibrant and incredibly complex society.
In South Africa, More Evolution than Revolution
A year after the death of Nelson Mandela and two decades since the end of apartheid, South Africa’s fashion market holds up a skewed mirror to its vibrant and incredibly complex society.
News & Analysis
Mexico Enters the Limelight
As Brazil's fashion market gets ever more crowded, Latin America's smaller giant to the north begins to finally shine.
Mexico Enters the Limelight
As Brazil's fashion market gets ever more crowded, Latin America's smaller giant to the north begins to finally shine.
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.