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.
Breganze, Italy
Retail
Can Diesel Be Cool Again?
With a new CEO and strategic plan, the original ‘designer denim’ label is serious about making a comeback. But can it modernise its approach while staying true to its history?
Can Diesel Be Cool Again?
With a new CEO and strategic plan, the original ‘designer denim’ label is serious about making a comeback. But can it modernise its approach while staying true to its history?
Retail
Diesel CEO Seeks to Revive 90s Success With Slimmed Down Brand
Massimo Piombini plans to close stores, raise prices and expand in sneakers to revamp the denim brand.
Diesel CEO Seeks to Revive 90s Success With Slimmed Down Brand
Massimo Piombini plans to close stores, raise prices and expand in sneakers to revamp the denim brand.
News & Analysis
Diesel Names Inditex’s Marco Agnolin Chief Executive
The announcement follows artistic director Nicola Formichetti’s decision to depart the lifestyle brand that accounts for the majority of revenue at Only The Brave, founder Renzo Rosso’s luxury group.
Diesel Names Inditex’s Marco Agnolin Chief Executive
The announcement follows artistic director Nicola Formichetti’s decision to depart the lifestyle brand that accounts for the majority of revenue at Only The Brave, founder Renzo Rosso’s luxury group.
News & Analysis
Renzo Rosso's OTB Acquires Majority Stake in Paula Cademartori
Renzo Rosso's Only The Brave has acquired a majority stake in Brazilian accessories brand Paula Cademartori.
Renzo Rosso's OTB Acquires Majority Stake in Paula Cademartori
Renzo Rosso's Only The Brave has acquired a majority stake in Brazilian accessories brand Paula Cademartori.
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Financial Markets
Renzo Rosso: ‘Galliano, Elbaz and Me’
Colin McDowell talks to the Only The Brave Group president about hiring a fashion exile and what's next for the former Lanvin creative director.
Renzo Rosso: ‘Galliano, Elbaz and Me’
Colin McDowell talks to the Only The Brave Group president about hiring a fashion exile and what's next for the former Lanvin creative director.
News & Analysis
Renzo Rosso Says Rehabilitated Galliano is a "Real Pro"
Renzo Rosso, chairman and main shareholder of Maison Margiela's parent OTB group, said sales were already up 20 percent at the fashion house even though only a few of Galliano's pieces had so far reached the shelves.
Renzo Rosso Says Rehabilitated Galliano is a "Real Pro"
Renzo Rosso, chairman and main shareholder of Maison Margiela's parent OTB group, said sales were already up 20 percent at the fashion house even though only a few of Galliano's pieces had so far reached the shelves.
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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.