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.
Montreal, Canada
Luxury
Louis Vuitton and Gucci to Open First Montreal Flagships
Royalmount, a forthcoming development in Montréal’s Midtown district, has also leased flagship spaces to Tiffany and RH.
Louis Vuitton and Gucci to Open First Montreal Flagships
Royalmount, a forthcoming development in Montréal’s Midtown district, has also leased flagship spaces to Tiffany and RH.
Workplace & Talent
Aldo Group: In the Company of Kindness
On a trip to the Canadian city of Montréal, Aldo Bensadoun found himself fascinated by the city and its progressive, free spirited culture. The
Aldo Group: In the Company of Kindness
On a trip to the Canadian city of Montréal, Aldo Bensadoun found himself fascinated by the city and its progressive, free spirited culture. The
Entrepreneurship
How I Am Building a Responsible Business: Kotn’s Rami Helali, Mackenzie Yeates and Benjamin Sehl
For many businesses, supporting a charitable cause is an afterthought. But the team behind Kotn are making their case that profit and purpose go hand in hand.
How I Am Building a Responsible Business: Kotn’s Rami Helali, Mackenzie Yeates and Benjamin Sehl
For many businesses, supporting a charitable cause is an afterthought. But the team behind Kotn are making their case that profit and purpose go hand in hand.
Retail
American Apparel's Owner May Pivot Permanently to Masks and Gowns
T-shirt maker Gildan sees significant opportunities supplying North American customers that have long relied on Asian imports.
American Apparel's Owner May Pivot Permanently to Masks and Gowns
T-shirt maker Gildan sees significant opportunities supplying North American customers that have long relied on Asian imports.
ADVERTISEMENT
Sustainability
Want Les Essentiels Co-Founders Launch E-Commerce Platform For Ethical Homeware
Brothers Byron and Dexter Peart, who in 2017 exited the leather goods label they founded 10 years earlier, are launching a UN-backed online shop selling sustainable goods.
Want Les Essentiels Co-Founders Launch E-Commerce Platform For Ethical Homeware
Brothers Byron and Dexter Peart, who in 2017 exited the leather goods label they founded 10 years earlier, are launching a UN-backed online shop selling sustainable goods.
Retail
McGill University Opens Bensadoun School of Retail Management
The new school aims to address shifts in the retail landscape and consumer behaviour, from digital disruption and the rise of e-commerce to the coming of age of the millennial generation.
McGill University Opens Bensadoun School of Retail Management
The new school aims to address shifts in the retail landscape and consumer behaviour, from digital disruption and the rise of e-commerce to the coming of age of the millennial generation.
Luxury
Ssense’s Billion-Dollar Ambitions: More Than Hype
The e-tailer that pioneered selling luxury streetwear to millennials is opening a five-storey flagship in Montréal. The next challenge: building a billion-dollar global business while keeping its cool.
Ssense’s Billion-Dollar Ambitions: More Than Hype
The e-tailer that pioneered selling luxury streetwear to millennials is opening a five-storey flagship in Montréal. The next challenge: building a billion-dollar global business while keeping its cool.
News & Analysis
Aldo Group Calls Off Camuto Group Acquisition
The Canadian footwear giant Aldo said both parties mutually decided not to pursue the transaction announced in August.
Aldo Group Calls Off Camuto Group Acquisition
The Canadian footwear giant Aldo said both parties mutually decided not to pursue the transaction announced in August.
ADVERTISEMENT
News & Analysis
Want Les Essentiels Co-Founder Brothers Exit
Byron and Dexter Peart have sold their stake in Want, which comprises a leather goods company, a wholesale agency and retail store group.
Want Les Essentiels Co-Founder Brothers Exit
Byron and Dexter Peart have sold their stake in Want, which comprises a leather goods company, a wholesale agency and retail store group.
Luxury
How m0851 Quietly Built a $25 Million Business
The Montreal-based leather goods brand m0851, which found success on its own terms with a commitment to detail, responsible growth and gut instinct, is courting investors.
How m0851 Quietly Built a $25 Million Business
The Montreal-based leather goods brand m0851, which found success on its own terms with a commitment to detail, responsible growth and gut instinct, is courting investors.
News & Analysis
American Apparel Prepares to Relaunch Website
After buying the iconic LA brand for $88 million earlier this year, Gildan Activewear Inc. is now preparing to "re-energise" the label.
American Apparel Prepares to Relaunch Website
After buying the iconic LA brand for $88 million earlier this year, Gildan Activewear Inc. is now preparing to "re-energise" the label.
Retail
Amazon Goes North, Forcing Canada's Retailers Out of Hibernation
As Amazon steadily ramps up its own operations in Canada, local rivals are scrambling to avoid the same sort of fate that doomed many of their counterparts south of the border.
Amazon Goes North, Forcing Canada's Retailers Out of Hibernation
As Amazon steadily ramps up its own operations in Canada, local rivals are scrambling to avoid the same sort of fate that doomed many of their counterparts south of the border.
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.