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
News & Analysis
Chart of the Week | UK Fashion Industry to Take Hardest Brexit Hit
A new report predicts the UK's textiles, apparel and footwear industry will be among the worst hit by Brexit.
Chart of the Week | UK Fashion Industry to Take Hardest Brexit Hit
A new report predicts the UK's textiles, apparel and footwear industry will be among the worst hit by Brexit.
News & Analysis
Nautica Brand Thrown Overboard by VF After Losing Its '90s Cool
Rapper Lil Yachty tried to help rekindle Nautica’s appeal last year by unveiling a collection for the label, but it wasn’t enough to turn around the business.
Nautica Brand Thrown Overboard by VF After Losing Its '90s Cool
Rapper Lil Yachty tried to help rekindle Nautica’s appeal last year by unveiling a collection for the label, but it wasn’t enough to turn around the business.
Retail
The Death of Clothing
The underlying problem of weak demand is expected to dog the apparel industry for years, meaning more store closures and more bankruptcies lie ahead — with or without Amazon.
The Death of Clothing
The underlying problem of weak demand is expected to dog the apparel industry for years, meaning more store closures and more bankruptcies lie ahead — with or without Amazon.
Retail
Op-Ed | What Gap and J. Crew Can Learn From the Grocery Aisle
The giants of the packaged-food sector are adding new concepts to their stables to adapt to today's shoppers — and specialty apparel chains could benefit from the same approach.
Op-Ed | What Gap and J. Crew Can Learn From the Grocery Aisle
The giants of the packaged-food sector are adding new concepts to their stables to adapt to today's shoppers — and specialty apparel chains could benefit from the same approach.
News & Analysis
It’s Time for Adaptive Fashion
Disabled people have long been ignored by the fashion industry, but it’s high time for reform, argued Sinéad Burke on the #BoFVOICES stage. Watch now.
It’s Time for Adaptive Fashion
Disabled people have long been ignored by the fashion industry, but it’s high time for reform, argued Sinéad Burke on the #BoFVOICES stage. Watch now.
News & Analysis
Tommy Hilfiger Creates Fashion Line for People With Disabilities
The brand is launching an adult clothing line with adjusted seams and openings that allow caretakers to dress the wearer.
Tommy Hilfiger Creates Fashion Line for People With Disabilities
The brand is launching an adult clothing line with adjusted seams and openings that allow caretakers to dress the wearer.
News & Analysis
American Apparel Founder Dov Charney: ‘Sleeping With People you Work With Is Unavoidable’
"Charney’s line in hipster fashion made him a multi-million dollar sensation until serial accusations of sexual harassment led to his downfall."
American Apparel Founder Dov Charney: ‘Sleeping With People you Work With Is Unavoidable’
"Charney’s line in hipster fashion made him a multi-million dollar sensation until serial accusations of sexual harassment led to his downfall."
Retail
What's Next for DKNY?
After acquiring DKNY for $650 million, apparel firm G-III has cut a series of deals that could initially raise brand awareness and sales, but ultimately damage the label's premium image.
What's Next for DKNY?
After acquiring DKNY for $650 million, apparel firm G-III has cut a series of deals that could initially raise brand awareness and sales, but ultimately damage the label's premium image.
Retail
Brooklyn's Plans to Lure Apparel Makers Stirs Manhattan Backlash
Brookyn's mayor wants to luring apparel makers out of midtown Manhattan’s garment district and into cheaper, city-owned warehouses in Brooklyn. But Manhattan clothing makers, designers and merchants are not on board.
Brooklyn's Plans to Lure Apparel Makers Stirs Manhattan Backlash
Brookyn's mayor wants to luring apparel makers out of midtown Manhattan’s garment district and into cheaper, city-owned warehouses in Brooklyn. But Manhattan clothing makers, designers and merchants are not on board.
Retail
DKNY and Ivanka Trump Apparel Maker G-III Falls on Forecast
Like many US apparel makers and retailers, G-III has faced sluggish mall traffic and a consumer shopping shift to the internet.
DKNY and Ivanka Trump Apparel Maker G-III Falls on Forecast
Like many US apparel makers and retailers, G-III has faced sluggish mall traffic and a consumer shopping shift to the internet.
News & Analysis
Trump's $189 Suit Vanishes Online But Smell of 'Success' Lingers
There’s only a smattering of items left for sale, often leftover inventory offered at reduced prices through discount shopping sites.
Trump's $189 Suit Vanishes Online But Smell of 'Success' Lingers
There’s only a smattering of items left for sale, often leftover inventory offered at reduced prices through discount shopping sites.
Sustainability
Patagonia’s Circular Economy Strategy
Patagonia CEO Rose Marcario explains the company's environmentally-responsible business model as it wins an award at the World Economic Forum in Davos.
Patagonia’s Circular Economy Strategy
Patagonia CEO Rose Marcario explains the company's environmentally-responsible business model as it wins an award at the World Economic Forum in Davos.
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.