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.
Florida, United States
News & Analysis
Lilly Pulitzer Print Archive Rediscovered
The paintings and designs of Suzie Zuzek, the artist behind the brand’s vivacious prints, were previously thought to be destroyed.
Lilly Pulitzer Print Archive Rediscovered
The paintings and designs of Suzie Zuzek, the artist behind the brand’s vivacious prints, were previously thought to be destroyed.
Retail
How a Shirt Covered in Swastikas Ends Up in a Department Store
Several layers of quality control are supposed to catch such items before they hit store racks.
How a Shirt Covered in Swastikas Ends Up in a Department Store
Several layers of quality control are supposed to catch such items before they hit store racks.
News & Analysis
How Hurricane Matthew Could Impact Retail — and How Retailers Are Responding
"The most dangerous storm to hit the Atlantic Coast in years is bearing down fast. But from supply shortages to logistical disruptions, the ripple
How Hurricane Matthew Could Impact Retail — and How Retailers Are Responding
"The most dangerous storm to hit the Atlantic Coast in years is bearing down fast. But from supply shortages to logistical disruptions, the ripple
Financial Markets
Elizabeth Arden Reports 2Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $4.9 million in its fiscal second quarter. The results did not meet Wall Street expectations.
Elizabeth Arden Reports 2Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $4.9 million in its fiscal second quarter. The results did not meet Wall Street expectations.
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Financial Markets
Elizabeth Arden Reports 1Q Loss
Elizabeth Arden Inc. on Wednesday reported a loss of $15.9 million in its fiscal first quarter. The results fell short of Wall Street expectations.
Elizabeth Arden Reports 1Q Loss
Elizabeth Arden Inc. on Wednesday reported a loss of $15.9 million in its fiscal first quarter. The results fell short of Wall Street expectations.
Financial Markets
Elizabeth Arden reports 4Q loss
Elizabeth Arden Inc. on Thursday reported a loss of $108.1 million in its fiscal fourth quarter. The results fell short of Wall Street expectations.
Elizabeth Arden reports 4Q loss
Elizabeth Arden Inc. on Thursday reported a loss of $108.1 million in its fiscal fourth quarter. The results fell short of Wall Street expectations.
Financial Markets
Elizabeth Arden Reports 3Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $34.4 million in its fiscal third quarter.
Elizabeth Arden Reports 3Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $34.4 million in its fiscal third quarter.
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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.