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.
bits-and-bytes
Technology
Amazon’s E-Commerce Dominance, Adidas Launches 3D-Printed Trainers
This week, Amazon is predicted to account for half of US online retail by 2021, while Adidas prepares to mass produce its new "Futurecraft 4D" shoe.
Amazon’s E-Commerce Dominance, Adidas Launches 3D-Printed Trainers
This week, Amazon is predicted to account for half of US online retail by 2021, while Adidas prepares to mass produce its new "Futurecraft 4D" shoe.
Technology
Luxury Brands' Digital Lag, L'Oréal's Technology Incubator
This week, luxury brands finally learn an online presence is essential, while Generation Z's use of Instagram rewrites the rules of selling fashion.
Luxury Brands' Digital Lag, L'Oréal's Technology Incubator
This week, luxury brands finally learn an online presence is essential, while Generation Z's use of Instagram rewrites the rules of selling fashion.
Technology
Alibaba's Global Retail Empire, Google's Impact on Luxury Investors and More...
This week, Alibaba's Jack Ma is challenging Amazon's retail ambitions, while Google searches have become a new essential for luxury investors.
Alibaba's Global Retail Empire, Google's Impact on Luxury Investors and More...
This week, Alibaba's Jack Ma is challenging Amazon's retail ambitions, while Google searches have become a new essential for luxury investors.
Technology
Saks Fifth Avenue's Data Leak, Rent the Runway Co-Founder Exits and More...
This week, thousands of Saks Fifth Avenue customers' personal data was made available online, Jennifer Fleiss departs Rent the Runway and Wal-Mart launches a tech incubator in Silicon Valley.
Saks Fifth Avenue's Data Leak, Rent the Runway Co-Founder Exits and More...
This week, thousands of Saks Fifth Avenue customers' personal data was made available online, Jennifer Fleiss departs Rent the Runway and Wal-Mart launches a tech incubator in Silicon Valley.
Technology
LVMH to Launch E-Commerce, Amazon Resumes Souq.com Talks
This week, LVMH is reported to be positioning itself as a competitor to Net-a-Porter, while sources say negotiations for Amazon's $650 million acquisition of Souq.com have restarted, and more...
LVMH to Launch E-Commerce, Amazon Resumes Souq.com Talks
This week, LVMH is reported to be positioning itself as a competitor to Net-a-Porter, while sources say negotiations for Amazon's $650 million acquisition of Souq.com have restarted, and more...
Technology
Bits & Bytes | Snap's Shares Slide, YNAP to Sell on WhatsApp
This week, Snap Inc.'s share prices have dropped to $22, below its initial trading price, and Yoox Net-a-Porter is developing technology to sell products directly through WhatsApp.
Bits & Bytes | Snap's Shares Slide, YNAP to Sell on WhatsApp
This week, Snap Inc.'s share prices have dropped to $22, below its initial trading price, and Yoox Net-a-Porter is developing technology to sell products directly through WhatsApp.
Technology
Bits & Bytes | Smart Mirrors, Softwear, Snap Lowers Valuation
This week, brick-and-mortar retailers toy with the idea of high-tech dressing-room mirrors, and Snap Inc. has lowered its valuation ahead of its imminent IPO.
Bits & Bytes | Smart Mirrors, Softwear, Snap Lowers Valuation
This week, brick-and-mortar retailers toy with the idea of high-tech dressing-room mirrors, and Snap Inc. has lowered its valuation ahead of its imminent IPO.
Technology
Bits & Bytes | China's Taobao Villages, Amazon Leading the Way in Innovation
This week, how e-commerce is transforming China's poor and remote villages, and why Amazon is the most innovative company in the world.
Bits & Bytes | China's Taobao Villages, Amazon Leading the Way in Innovation
This week, how e-commerce is transforming China's poor and remote villages, and why Amazon is the most innovative company in the world.
Technology
Bits & Bytes | Snapchat's Multi-Billion Dollar IPO, Leather Grown in a Lab
This week, Snapchat files for IPO, seeking a $25 billion valuation amidst scepticism, while biotechnology companies grow sustainable leather in labs.
Bits & Bytes | Snapchat's Multi-Billion Dollar IPO, Leather Grown in a Lab
This week, Snapchat files for IPO, seeking a $25 billion valuation amidst scepticism, while biotechnology companies grow sustainable leather in labs.
Technology
Bits & Bytes | An Automated Sewing Robot, Augmented-Reality Dressing Rooms
This week, automated sewing robots take the stage, while fashion companies employ augmented reality to let shoppers try on clothes from home.
Bits & Bytes | An Automated Sewing Robot, Augmented-Reality Dressing Rooms
This week, automated sewing robots take the stage, while fashion companies employ augmented reality to let shoppers try on clothes from home.
Technology
Bits & Bytes | Inside Instagram's Reinvention, the Automation Revolution
This week, Kevin Systrom on evolving Instagram by looking at its past, while concerns about the rise of automation continue to grow.
Bits & Bytes | Inside Instagram's Reinvention, the Automation Revolution
This week, Kevin Systrom on evolving Instagram by looking at its past, while concerns about the rise of automation continue to grow.
Technology
Bits & Bytes | Instagram Stories Ads, Intel Invests $100 Million in Retail Tech
This week, Instagram implemented ads into their stories feature, and Intel invests heavily into the future of retail.
Bits & Bytes | Instagram Stories Ads, Intel Invests $100 Million in Retail Tech
This week, Instagram implemented ads into their stories feature, and Intel invests heavily into the future of retail.
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.