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.
Berlin, Germany
Retail
Germany’s Cartel Office Investigating Temu Over Merchant Price Influencing
The Chinese e-commerce company is under scrutiny for allegedly influencing the prices set by third-party merchants on its platform unlawfully.
Germany’s Cartel Office Investigating Temu Over Merchant Price Influencing
The Chinese e-commerce company is under scrutiny for allegedly influencing the prices set by third-party merchants on its platform unlawfully.
Entrepreneurship
Amesh Named as Inaugural Winner of Reference Incubator Programme
Amesh, the London-based label founded by Sri Lankan designer Amesh Wijesekera, will receive mentorship and support from Slam Jam, as well as PR and brand consulting services from communications agency Reference Studios.
Amesh Named as Inaugural Winner of Reference Incubator Programme
Amesh, the London-based label founded by Sri Lankan designer Amesh Wijesekera, will receive mentorship and support from Slam Jam, as well as PR and brand consulting services from communications agency Reference Studios.
Partner Content
At Zalando, Connecting Retailers to E-Commerce to Drive Growth
Zalando’s growing Connected Retail ecosystem offers retailers access to its platform in eight major markets at no cost, expanding its product assortment and localised service capabilities in the process.
At Zalando, Connecting Retailers to E-Commerce to Drive Growth
Zalando’s growing Connected Retail ecosystem offers retailers access to its platform in eight major markets at no cost, expanding its product assortment and localised service capabilities in the process.
Technology
Zalando’s Cyber Week Sales Beat Last Year by More Than a Third
Zalando added more than one million customers during the sales period with gross merchandise volume growing by 35 percent.
Zalando’s Cyber Week Sales Beat Last Year by More Than a Third
Zalando added more than one million customers during the sales period with gross merchandise volume growing by 35 percent.
ADVERTISEMENT
Retail
Zalando Puts More Stores Online as Lockdowns Return
The online fashion retailer said it will waive commissions until the end of March to help new brick-and-mortar additions.
Zalando Puts More Stores Online as Lockdowns Return
The online fashion retailer said it will waive commissions until the end of March to help new brick-and-mortar additions.
Retail
Alhambra Berlin’s Concept for Retail in a Post-Covid Era
The co-retailing space will offer off-the-shelf amplification packages to its temporary tenants, including built-in social media strategies, event activation, product staging, as well as customer engagement technology and visitor analysis.
Alhambra Berlin’s Concept for Retail in a Post-Covid Era
The co-retailing space will offer off-the-shelf amplification packages to its temporary tenants, including built-in social media strategies, event activation, product staging, as well as customer engagement technology and visitor analysis.
Retail
Hugo Boss Returns To Profit Even as Sales Slow
The German suit maker reported a better-than-expected third-quarter operating profit of €15 million ($17.52 million).
Hugo Boss Returns To Profit Even as Sales Slow
The German suit maker reported a better-than-expected third-quarter operating profit of €15 million ($17.52 million).
Retail
Puma Reports Jump in Sales in America and Europe
The German sportswear company's quarterly sales rose by 13 percent to €1.58 billion ($1.87 billion), beating forecasts for €1.56 billion.
Puma Reports Jump in Sales in America and Europe
The German sportswear company's quarterly sales rose by 13 percent to €1.58 billion ($1.87 billion), beating forecasts for €1.56 billion.
ADVERTISEMENT
Technology
Zalando Secures Deal To Buy Body Scanning Start-Up
The app includes a virtual dressing room to help buyers easily judge whether a garment will be the right size for them.
Zalando Secures Deal To Buy Body Scanning Start-Up
The app includes a virtual dressing room to help buyers easily judge whether a garment will be the right size for them.
Retail
Zalando Launches Diversity Drive After Racism Investigation
The German e-tailer's former art director accused the company of failing to respond to complaints in 2018 about employees who resisted booking Black models.
Zalando Launches Diversity Drive After Racism Investigation
The German e-tailer's former art director accused the company of failing to respond to complaints in 2018 about employees who resisted booking Black models.
Retail
Zalando Sees Strong Demand and Fewer Returns
The German e-tailer said it saw a 27 percent rise in revenue to €2.03 billion.
Zalando Sees Strong Demand and Fewer Returns
The German e-tailer said it saw a 27 percent rise in revenue to €2.03 billion.
Retail
Zalando Gets Chance to Prove Itself Against Amazon
Europe’s largest e-tailer estimates earnings could reach a record €300 million this year due to a lockdown-induced surge in online shopping.
Zalando Gets Chance to Prove Itself Against Amazon
Europe’s largest e-tailer estimates earnings could reach a record €300 million this year due to a lockdown-induced surge in online shopping.
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.