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.
Davos, Switzerland
News & Analysis
Nearly Half of WTO Members Agree to Talks on New E-Commerce Rules
In a gathering on the sidelines of the World Economic Forum in Davos, ministers from a smaller group of countries agreed to work out an agenda for negotiations on setting new e-commerce rules.
Nearly Half of WTO Members Agree to Talks on New E-Commerce Rules
In a gathering on the sidelines of the World Economic Forum in Davos, ministers from a smaller group of countries agreed to work out an agenda for negotiations on setting new e-commerce rules.
Sustainability
Making the Business Case for Sustainability
Reputational and financial risks related to the industry’s exposure to climate change are creeping up executives’ agendas, coming into focus at the launch of the Global Fashion Agenda’s new sustainability priorities at Davos.
Making the Business Case for Sustainability
Reputational and financial risks related to the industry’s exposure to climate change are creeping up executives’ agendas, coming into focus at the launch of the Global Fashion Agenda’s new sustainability priorities at Davos.
Financial Markets
4 Davos Themes Fashion Needs to Watch
As business magnates, presidents and economists converged at the 2018 World Economic Forum to discuss the state of the global economy, what important takeaways are there for the fashion industry?
4 Davos Themes Fashion Needs to Watch
As business magnates, presidents and economists converged at the 2018 World Economic Forum to discuss the state of the global economy, what important takeaways are there for the fashion industry?
News & Analysis
Swarovski Says an IPO Could Propel Jeweller's Digital Growth
The jewellery brand has annual sales of about €3.4 billion, and an IPO could raise its digital profile and scale in North America.
Swarovski Says an IPO Could Propel Jeweller's Digital Growth
The jewellery brand has annual sales of about €3.4 billion, and an IPO could raise its digital profile and scale in North America.
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Technology
Impact of Job-Stealing Robots a Growing Concern at Davos
By 2019, one-quarter of all job tasks are predicted to be offloaded to software robots, physical robots or customer self-service automation.
Impact of Job-Stealing Robots a Growing Concern at Davos
By 2019, one-quarter of all job tasks are predicted to be offloaded to software robots, physical robots or customer self-service automation.
News & Analysis
China's Alibaba Becomes Major Sponsor of Olympics
International Olympic Committee sources have reported that major sponsors pay about $100 million per four-year cycle, which includes one summer and one winter games.
China's Alibaba Becomes Major Sponsor of Olympics
International Olympic Committee sources have reported that major sponsors pay about $100 million per four-year cycle, which includes one summer and one winter games.
News & Analysis
Alibaba's Ma Says No Chance of US Trade War with China
Ma met US President-elect Donald Trump last week and laid out the Chinese e-commerce giant's new future plans.
Alibaba's Ma Says No Chance of US Trade War with China
Ma met US President-elect Donald Trump last week and laid out the Chinese e-commerce giant's new future plans.
News & Analysis
Europe’s Weak Economy Is ‘Core Worry’ for Adidas Chief
Rorsted’s concern contrasts with recent signs that the euro area may be set for a pick-up in economic momentum.
Europe’s Weak Economy Is ‘Core Worry’ for Adidas Chief
Rorsted’s concern contrasts with recent signs that the euro area may be set for a pick-up in economic momentum.
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Technology
What Davos Means for Fashion
At the 2016 World Economic Forum, leaders discussed turmoil in global markets and the impact of ‘The Fourth Industrial Revolution’ on business sectors, including fashion.
What Davos Means for Fashion
At the 2016 World Economic Forum, leaders discussed turmoil in global markets and the impact of ‘The Fourth Industrial Revolution’ on business sectors, including fashion.
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.