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.
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Bits & Bytes | Amazon Launches Storefronts, the Rise of CGI Models
This week, Amazon launches a platform for small and medium-sized businesses, while virtual influencers challenge the status quo of the modelling industry.
Bits & Bytes | Amazon Launches Storefronts, the Rise of CGI Models
This week, Amazon launches a platform for small and medium-sized businesses, while virtual influencers challenge the status quo of the modelling industry.
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.
Technology
Bits & Bytes | Instagram's Retail Salvation, Online Retailers Compete for New Designers
This week, retail design is adapting to an internet age, while luxury e-commerce platforms launch initiatives to highlight young talent.
Bits & Bytes | Instagram's Retail Salvation, Online Retailers Compete for New Designers
This week, retail design is adapting to an internet age, while luxury e-commerce platforms launch initiatives to highlight young talent.
Technology
Bits & Bytes | Google's Retail Strategy, the Digital Future of Merchandising
This week, Google is reported to soon be signing the lease on its first permanent store, while merchandising in retail continues to evolve with the integration of analytics and digital solutions.
Bits & Bytes | Google's Retail Strategy, the Digital Future of Merchandising
This week, Google is reported to soon be signing the lease on its first permanent store, while merchandising in retail continues to evolve with the integration of analytics and digital solutions.
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Technology
Bits & Bytes | Farfetch Files for IPO, Walmart Bets on VR
This week, Farfetch registered to take the company public, while Walmart has applied for two US patents that signal towards a VR strategy in retail.
Bits & Bytes | Farfetch Files for IPO, Walmart Bets on VR
This week, Farfetch registered to take the company public, while Walmart has applied for two US patents that signal towards a VR strategy in retail.
Technology
Bits & Bytes | H&M Bets on AI, The Rise of Digital Supermodels
This week, H&M turns to tech to build a stronger business and drive operational efficiencies, while a new wave of modelling agencies offer brands virtual models.
Bits & Bytes | H&M Bets on AI, The Rise of Digital Supermodels
This week, H&M turns to tech to build a stronger business and drive operational efficiencies, while a new wave of modelling agencies offer brands virtual models.
Technology
Bits & Bytes | WeChat's Mini-Programmes, Is AI the Future of Sustainable Fashion?
This week, WeChat's advanced-feature offering experiences rapid growth, while artificial intelligence is helping advance the sustainable fashion movement.
Bits & Bytes | WeChat's Mini-Programmes, Is AI the Future of Sustainable Fashion?
This week, WeChat's advanced-feature offering experiences rapid growth, while artificial intelligence is helping advance the sustainable fashion movement.
Technology
Bits & Bytes | The Rise of Chinese Shopping Platform Pinduoduo, US Retailers Lead in Data Breaches
This week, Shanghai-based Pinduoduo went public raising $1.6 billion through a US IPO, while the number of US retailers reporting a data breach at any time in the past is up to 75 percent with half of those occurring in the last year.
Bits & Bytes | The Rise of Chinese Shopping Platform Pinduoduo, US Retailers Lead in Data Breaches
This week, Shanghai-based Pinduoduo went public raising $1.6 billion through a US IPO, while the number of US retailers reporting a data breach at any time in the past is up to 75 percent with half of those occurring in the last year.
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Technology
Bits & Bytes | Walmart Strikes Back at Amazon, JD.com Is Changing E-Commerce in China
This week, Walmart enters into a strategic partnership with Microsoft to rival Amazon, while JD.com's innovations are transforming rural China.
Bits & Bytes | Walmart Strikes Back at Amazon, JD.com Is Changing E-Commerce in China
This week, Walmart enters into a strategic partnership with Microsoft to rival Amazon, while JD.com's innovations are transforming rural China.
Technology
Bits & Bytes | Target's Secret App, Louis Vuitton Expands E-Commerce in China
This week, Target has an invite-only app that lets members collaborate with the company's designers, while in mainland China customers gain access to Louis Vuitton's delivery service.
Bits & Bytes | Target's Secret App, Louis Vuitton Expands E-Commerce in China
This week, Target has an invite-only app that lets members collaborate with the company's designers, while in mainland China customers gain access to Louis Vuitton's delivery service.
Technology
Bits & Bytes | Venture Capitalists Bet on Shoe Start-Ups, JD.com Invests in Luxury Retailer
This week, venture investors put a premium on shoe start-ups, while JD.com builds up its presence in the luxury retail sector with an investment in Chinese luxury retailer Secoo.
Bits & Bytes | Venture Capitalists Bet on Shoe Start-Ups, JD.com Invests in Luxury Retailer
This week, venture investors put a premium on shoe start-ups, while JD.com builds up its presence in the luxury retail sector with an investment in Chinese luxury retailer Secoo.
Technology
Bits & Bytes | The Luxury Smartwatch Boom, Over a Quarter of US Apparel Is Sold Online
This week, the Apple Watch's success has created a successful luxury smartwatch niche, while a new report sees apparel sales increase online.
Bits & Bytes | The Luxury Smartwatch Boom, Over a Quarter of US Apparel Is Sold Online
This week, the Apple Watch's success has created a successful luxury smartwatch niche, while a new report sees apparel sales increase online.
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.