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.
athleisure
News & Analysis
Beyonce's Ivy Park Apparel Has 'Rigorous Ethical' Programme, Retailer Says
Ivy Park, the sportswear brand that is a joint venture between singer Beyonce and Topshop tycoon Philip Green, has defended itself against a Sun newspaper report that says its supplier in Sri Lanka uses "sweatshop slaves" to produce the clothing.
Beyonce's Ivy Park Apparel Has 'Rigorous Ethical' Programme, Retailer Says
Ivy Park, the sportswear brand that is a joint venture between singer Beyonce and Topshop tycoon Philip Green, has defended itself against a Sun newspaper report that says its supplier in Sri Lanka uses "sweatshop slaves" to produce the clothing.
News & Analysis
Is the New Luxury a Better You?
Luxury spending is shifting from stuff to experiences to personal transformations, where a better you becomes the product.
Is the New Luxury a Better You?
Luxury spending is shifting from stuff to experiences to personal transformations, where a better you becomes the product.
Marketing
How REI’s Stop-Shopping Campaign Brings in More Shoppers
A campaign from Recreational Equipment Inc. urging people to stop shopping and start hiking appears to have led to ... well, a lot more shopping. No word yet on an uptick in hiking.
How REI’s Stop-Shopping Campaign Brings in More Shoppers
A campaign from Recreational Equipment Inc. urging people to stop shopping and start hiking appears to have led to ... well, a lot more shopping. No word yet on an uptick in hiking.
Marketing
Lululemon Reaches a Turning Point
Lululemon CEO Potdevin’s goal is to cement the retailer’s reputation as the top-quality athletic-apparel maker, justifying its higher prices.
Lululemon Reaches a Turning Point
Lululemon CEO Potdevin’s goal is to cement the retailer’s reputation as the top-quality athletic-apparel maker, justifying its higher prices.
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.