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.
apparel
Retail
Gap Won't Spin Off Old Navy
The clothing company had announced the potential separation last February.
Gap Won't Spin Off Old Navy
The clothing company had announced the potential separation last February.
Retail
Six Things to Know About Selling Clothes in a Tough Market
Recently relaunched Alex Mill has enjoyed enough early success to open its first retail store ahead of schedule. But even with the backing of retail guru Mickey Drexler, startup life isn’t always easy.
Six Things to Know About Selling Clothes in a Tough Market
Recently relaunched Alex Mill has enjoyed enough early success to open its first retail store ahead of schedule. But even with the backing of retail guru Mickey Drexler, startup life isn’t always easy.
News & Analysis
J.C. Penney Ditches Home Appliances to Focus on Apparel
The company also plans to largely halt selling furniture, which will now only be available in select stores in Puerto Rico and on J.C. Penney websites.
J.C. Penney Ditches Home Appliances to Focus on Apparel
The company also plans to largely halt selling furniture, which will now only be available in select stores in Puerto Rico and on J.C. Penney websites.
News & Analysis
What Calvin Klein Should Do Next
PVH Corp. made a big bet that it could ‘do a Gucci’ with its flagship brand. But after the failure of its radical Raf Simons experiment, the company may need to rethink its strategy.
What Calvin Klein Should Do Next
PVH Corp. made a big bet that it could ‘do a Gucci’ with its flagship brand. But after the failure of its radical Raf Simons experiment, the company may need to rethink its strategy.
Retail
J.Crew Must Die to Live
The struggling specialty retailer is close to being a lost cause. Here's what should be done to try to save it.
J.Crew Must Die to Live
The struggling specialty retailer is close to being a lost cause. Here's what should be done to try to save it.
News & Analysis
Nike Sock Supplier Plans Biggest Pakistan Private Sector IPO
The company plans to raise as much as $51 million to expand its sock manufacturing capacity by around 20 percent and enter the denim business.
Nike Sock Supplier Plans Biggest Pakistan Private Sector IPO
The company plans to raise as much as $51 million to expand its sock manufacturing capacity by around 20 percent and enter the denim business.
News & Analysis
Vans Boosts VF Corp Quarterly Results
Revenue from the company's Vans sneaker segment rose 26 percent in the quarter.
Vans Boosts VF Corp Quarterly Results
Revenue from the company's Vans sneaker segment rose 26 percent in the quarter.
Technology
Bits & Bytes | Instagram's Shopping App, Amazon to Become the Top Seller of Apparel in US
This week, Instagram is tapping into e-commerce with a new platform, while Amazon is projected to overtake Walmart as the number-one retailer of apparel in the US.
Bits & Bytes | Instagram's Shopping App, Amazon to Become the Top Seller of Apparel in US
This week, Instagram is tapping into e-commerce with a new platform, while Amazon is projected to overtake Walmart as the number-one retailer of apparel in the US.
Retail
Meet J.Crew’s New Chief Design Officer
In her first interview, Johanna Uurasjarvi shares her approach for revitalising a brand that’s still shaking the legacy of former designer Jenna Lyons.
Meet J.Crew’s New Chief Design Officer
In her first interview, Johanna Uurasjarvi shares her approach for revitalising a brand that’s still shaking the legacy of former designer Jenna Lyons.
Retail
Rihanna Takes on Aerie and Victoria's Secret
This week, everyone will be talking about Rihanna's Savage X Fenty show at New York Fashion Week, the new #BoF500, Zara's global e-commerce strategy and J.Crew's new look. Read our BoF Professional Cheat Sheet.
Rihanna Takes on Aerie and Victoria's Secret
This week, everyone will be talking about Rihanna's Savage X Fenty show at New York Fashion Week, the new #BoF500, Zara's global e-commerce strategy and J.Crew's new look. Read our BoF Professional Cheat Sheet.
News & Analysis
Perry Ellis Ends Deal Talks With Randa
Perry Ellis said the decision was made after a major licensor refused to consent to Randa's acquisition of the company.
Perry Ellis Ends Deal Talks With Randa
Perry Ellis said the decision was made after a major licensor refused to consent to Randa's acquisition of the company.
Technology
Japanese Clothing Giants Go Head-to-Head Over How to Measure Customers
Fast Retailing's Tadashi Yanai and Yusaku Maezawa, founder of Japan’s largest e-commerce company, Start Today, traded public barbs over Maezawa's new body-scanning technology.
Japanese Clothing Giants Go Head-to-Head Over How to Measure Customers
Fast Retailing's Tadashi Yanai and Yusaku Maezawa, founder of Japan’s largest e-commerce company, Start Today, traded public barbs over Maezawa's new body-scanning technology.
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.