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.

L Brands’ attempts to use promotions to bolster its sales numbers have failed, and have caused the April merchandise margin rate to be “down significantly” versus last year.

L Brands’ attempts to use promotions to bolster its sales numbers have failed, and have caused the April merchandise margin rate to be “down significantly” versus last year.

The company — challenged by the rise of e-commerce and rapidly changing consumer preferences — is betting that a strong performance during the year-end shopping season will help spark a turnaround.

The company — challenged by the rise of e-commerce and rapidly changing consumer preferences — is betting that a strong performance during the year-end shopping season will help spark a turnaround.

The lingerie seller, which has struggled to pull out of a sales slump, just posted its second straight quarter of declines in its panties business.

The lingerie seller, which has struggled to pull out of a sales slump, just posted its second straight quarter of declines in its panties business.

After years of declining sales, Abercrombie & Fitch is reinventing its namesake brand, shunning the exclusionary preppy stereotypes that made it a powerhouse of teen clothing.

After years of declining sales, Abercrombie & Fitch is reinventing its namesake brand, shunning the exclusionary preppy stereotypes that made it a powerhouse of teen clothing.
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While the e-commerce giant’s fulfilment centres may be providing employment for ex-retail workers, a concentration of warehouse job growth is clustered around Amazon facilities while retail's losses are more evenly distributed.

While the e-commerce giant’s fulfilment centres may be providing employment for ex-retail workers, a concentration of warehouse job growth is clustered around Amazon facilities while retail's losses are more evenly distributed.

While the struggling mall retailer has been bolstered by good results from teen friendly Hollister, its namesake brand is still working to find its footing. CEO Fran Horowitz outlines the plan for BoF.

While the struggling mall retailer has been bolstered by good results from teen friendly Hollister, its namesake brand is still working to find its footing. CEO Fran Horowitz outlines the plan for BoF.

The struggling teen retailer reported a loss of nearly $62 million in its first quarter. Earlier this month, it confirmed it was in talks with several parties about a potential deal.

The struggling teen retailer reported a loss of nearly $62 million in its first quarter. Earlier this month, it confirmed it was in talks with several parties about a potential deal.

Abercrombie & Fitch has been remodelling its Hollister stores and hiring top designers and executives to help it keep up with competitors.

Abercrombie & Fitch has been remodelling its Hollister stores and hiring top designers and executives to help it keep up with competitors.
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Abercrombie & Fitch Co. jumped as much as 19 percent in early trading after the teen-clothing chain posted a surprise profit, fueling optimism that it can recover from years of slumping sales.

Abercrombie & Fitch Co. jumped as much as 19 percent in early trading after the teen-clothing chain posted a surprise profit, fueling optimism that it can recover from years of slumping sales.

Abercrombie & Fitch Co. posted a wider first-quarter loss after currency fluctuations hampered attempts to turn around the business.

Abercrombie & Fitch Co. posted a wider first-quarter loss after currency fluctuations hampered attempts to turn around the business.

Abercrombie & Fitch Co., which hasn’t had a CEO in five months, has set up a contest for the job that pits its operations chief against each of its brand presidents.

Abercrombie & Fitch Co., which hasn’t had a CEO in five months, has set up a contest for the job that pits its operations chief against each of its brand presidents.

Procter & Gamble Co is exploring a sale or initial public offering of some of its beauty brands in a single deal.

Procter & Gamble Co is exploring a sale or initial public offering of some of its beauty brands in a single deal.
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
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.
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
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.
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.
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.