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.
Riyadh, Saudi Arabia
News & Analysis
Vogue Arabia Hails 'Trailblazing' Saudi Women
The title shot Princess Hayfa bint Abdullah Al Saud behind the wheel of a red convertible for the cover as the kingdom prepares to become the last country in the world to allow women to drive.
Vogue Arabia Hails 'Trailblazing' Saudi Women
The title shot Princess Hayfa bint Abdullah Al Saud behind the wheel of a red convertible for the cover as the kingdom prepares to become the last country in the world to allow women to drive.
Beauty
Saudi Women Spend Big on Makeup, Even If It's Just a Glimpse
Even though most will cover their face and hair in public, thanks to changing laws and social codes makeup is one of the biggest consumer categories among Saudi women.
Saudi Women Spend Big on Makeup, Even If It's Just a Glimpse
Even though most will cover their face and hair in public, thanks to changing laws and social codes makeup is one of the biggest consumer categories among Saudi women.
Fashion Week
Unveiling Saudi Arabia’s Power Brokers
Last week’s Arab Fashion Week Riyadh focused the world’s attention on Saudi Arabian design and the country’s push for women’s rights, but who are the real power brokers in this fashion market worth $15 billion?
Unveiling Saudi Arabia’s Power Brokers
Last week’s Arab Fashion Week Riyadh focused the world’s attention on Saudi Arabian design and the country’s push for women’s rights, but who are the real power brokers in this fashion market worth $15 billion?
News & Analysis
Noon.com Triggers Saudi E-Commerce Race
Noon.com's launch in Saudi Arabia, where online sales are expected to reach $13.9 billion by 2021, has sparked a race for e-commerce dominance.
Noon.com Triggers Saudi E-Commerce Race
Noon.com's launch in Saudi Arabia, where online sales are expected to reach $13.9 billion by 2021, has sparked a race for e-commerce dominance.
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Retail
Saudi Arabia Blocks Foreigners From Mall Jobs to Help Citizens
Deputy Crown Prince Mohammed bin Salman has made job creation for Saudis a key component of the kingdom’s plan to end the economy’s oil dependence and reliance on expatriate labour.
Saudi Arabia Blocks Foreigners From Mall Jobs to Help Citizens
Deputy Crown Prince Mohammed bin Salman has made job creation for Saudis a key component of the kingdom’s plan to end the economy’s oil dependence and reliance on expatriate labour.
News & Analysis
Saudi Arabia PIF and Alabbar to Launch $1 Billion E-Commerce Firm
Emaar Properties PJSC Chairman Mohamed Alabbar and Saudi Arabia’s Public Investment Fund will each contribute $500 million to an e-commerce venture to tap the Middle East’s fast-growing online retail market.
Saudi Arabia PIF and Alabbar to Launch $1 Billion E-Commerce Firm
Emaar Properties PJSC Chairman Mohamed Alabbar and Saudi Arabia’s Public Investment Fund will each contribute $500 million to an e-commerce venture to tap the Middle East’s fast-growing online retail market.
Marketing
Op-Ed | Wanted: Arab Brand Ambassadors
The luxury industry faces a catch-22 in the Middle East where brands encounter major obstacles casting Arab celebrities for ad campaigns and magazines.
Op-Ed | Wanted: Arab Brand Ambassadors
The luxury industry faces a catch-22 in the Middle East where brands encounter major obstacles casting Arab celebrities for ad campaigns and magazines.
Workplace & Talent
Role Call | Raghda Amin, Buyer
Raghda Amin, a buyer at Harvey Nichols Riyadh, says that a buyer has to be someone "with an open mind, one that is like a sponge."
Role Call | Raghda Amin, Buyer
Raghda Amin, a buyer at Harvey Nichols Riyadh, says that a buyer has to be someone "with an open mind, one that is like a sponge."
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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.