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.
Chicago, United States
Retail
What Makes a Mall Work in 2020
Exceptional shopping centres can thrive even in the middle of a pandemic. What separates the winners from the losers? And where should brands place their bets?
What Makes a Mall Work in 2020
Exceptional shopping centres can thrive even in the middle of a pandemic. What separates the winners from the losers? And where should brands place their bets?
Retail
US Retailers Secure Stores as Worries About Election Unrest Mount
As security experts warn that the US presidential election could spark renewed civil unrest, stores in major cities like Chicago remain boarded up following on from Black Lives Matter protests during the spring and summer.
US Retailers Secure Stores as Worries About Election Unrest Mount
As security experts warn that the US presidential election could spark renewed civil unrest, stores in major cities like Chicago remain boarded up following on from Black Lives Matter protests during the spring and summer.
News & Analysis
At Columbia College Chicago, Rewiring Fashion Education for Today
Having launched a hybrid-educational format designed to cater to the needs of both current and incoming students, faculty members from the creative arts school share their new academic approach to help prepare students for an industry transformed.
At Columbia College Chicago, Rewiring Fashion Education for Today
Having launched a hybrid-educational format designed to cater to the needs of both current and incoming students, faculty members from the creative arts school share their new academic approach to help prepare students for an industry transformed.
Luxury
Is the Fashion Industry Moving Too Fast? Virgil Doesn’t Think So.
The Off-White founder is debuting yet another collaboration: an "Office Supplies"-inspired jewellery line with New-York based Jacob & Co.
Is the Fashion Industry Moving Too Fast? Virgil Doesn’t Think So.
The Off-White founder is debuting yet another collaboration: an "Office Supplies"-inspired jewellery line with New-York based Jacob & Co.
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News & Analysis
Columbia College Chicago’s ‘Off-Beat’ Approach to Fashion Education
BoF meets former and current students to hear how studying fashion in Chicago creates opportunities for experimentation and innovation.
Columbia College Chicago’s ‘Off-Beat’ Approach to Fashion Education
BoF meets former and current students to hear how studying fashion in Chicago creates opportunities for experimentation and innovation.
News & Analysis
Chicago Cashes in on Virgil Abloh
It’s the summer of hypebeasts in the Windy City, as the first museum exhibition dedicated to Abloh’s prolific career draws crowds of fans looking to experience the designer’s work - and snag limited-edition merch.
Chicago Cashes in on Virgil Abloh
It’s the summer of hypebeasts in the Windy City, as the first museum exhibition dedicated to Abloh’s prolific career draws crowds of fans looking to experience the designer’s work - and snag limited-edition merch.
News & Analysis
Online Holiday Shopping Soared But In-Store Still a Big Unknown
E-commerce holiday sales jumped 16.5 percent from a year earlier to a total of $126 billion in the US.
Online Holiday Shopping Soared But In-Store Still a Big Unknown
E-commerce holiday sales jumped 16.5 percent from a year earlier to a total of $126 billion in the US.
News & Analysis
Rewriting the Fashion Education Curriculum at Columbia College Chicago
Dr Colbey Reid explains why the school's graduates are “ready to work at a Chanel or a Macy’s, but also at a Google or an IBM.”
Rewriting the Fashion Education Curriculum at Columbia College Chicago
Dr Colbey Reid explains why the school's graduates are “ready to work at a Chanel or a Macy’s, but also at a Google or an IBM.”
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Retail
Target to Hire 120,000 Workers to Meet Holiday Season Rush
The retailer said the busiest time of the year will require a 20 percent increase in hires over 2017.
Target to Hire 120,000 Workers to Meet Holiday Season Rush
The retailer said the busiest time of the year will require a 20 percent increase in hires over 2017.
News & Analysis
Helly Hanson Is Suing Off-White
The Norwegian sportswear brand alleges that Off-White is intentionally infringing the stripe mark that it began using in the US more than 40 years
Helly Hanson Is Suing Off-White
The Norwegian sportswear brand alleges that Off-White is intentionally infringing the stripe mark that it began using in the US more than 40 years
News & Analysis
US Shoppers Browse Stores, Buy Online as Black Friday Deals Beckon
Despite explosive growth in online shopping, traditional retailers still earn the bulk of their revenue from in-store buys.
US Shoppers Browse Stores, Buy Online as Black Friday Deals Beckon
Despite explosive growth in online shopping, traditional retailers still earn the bulk of their revenue from in-store buys.
Technology
US Online Retail Sales Likely to Surpass $1 Trillion by 2027
As more Americans move away from brick-and-mortar stores, FTI Consulting forecasts online sales will grow at a compound annual rate of 12 percent through 2020.
US Online Retail Sales Likely to Surpass $1 Trillion by 2027
As more Americans move away from brick-and-mortar stores, FTI Consulting forecasts online sales will grow at a compound annual rate of 12 percent through 2020.
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.