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.
black-friday
News & Analysis
An Unlikely Type of Store is Expected to Defy the Curse Plaguing Retail and Crush Black Friday
"This year, dollar stores are predicted to pull off a Black Friday win for two reasons."
An Unlikely Type of Store is Expected to Defy the Curse Plaguing Retail and Crush Black Friday
"This year, dollar stores are predicted to pull off a Black Friday win for two reasons."
China
Singles' Day vs Black Friday: Which is the Bigger Opportunity for Fashion?
Pre-holiday shopping events like Singles' Day and Black Friday are expected to generate billion of dollars in sales this year, but which of the two represents the bigger opportunity for fashion brands?
Singles' Day vs Black Friday: Which is the Bigger Opportunity for Fashion?
Pre-holiday shopping events like Singles' Day and Black Friday are expected to generate billion of dollars in sales this year, but which of the two represents the bigger opportunity for fashion brands?
News & Analysis
Why Black Friday Is Losing Prominence During the 2016 Holiday Shopping Season
"Traditionally the single-biggest sales day of the year, the shopping holiday has morphed into a month-long event — causing retailers to adapt their
Why Black Friday Is Losing Prominence During the 2016 Holiday Shopping Season
"Traditionally the single-biggest sales day of the year, the shopping holiday has morphed into a month-long event — causing retailers to adapt their
News & Analysis
Can Retailers Do Badly Out of Black Friday?
"Without measures in place to ensure solid infrastructure and accurate predictions in terms of stock, the event can be catastrophic for retailers.
Can Retailers Do Badly Out of Black Friday?
"Without measures in place to ensure solid infrastructure and accurate predictions in terms of stock, the event can be catastrophic for retailers.
Financial Markets
Short Sellers Shopped for Macy's Stock Ahead of Black Friday
Short sellers shopping for overpriced stocks snapped up shares of beleaguered department store Macy's heading into Black Friday.
Short Sellers Shopped for Macy's Stock Ahead of Black Friday
Short sellers shopping for overpriced stocks snapped up shares of beleaguered department store Macy's heading into Black Friday.
Retail
US Holiday Sales on Track amid Online Boost
US holiday shopping is on track for a modest 3.7 percent rise this year after strong turnout during the Thanksgiving and Black Friday weekend, thanks to strong online sales.
US Holiday Sales on Track amid Online Boost
US holiday shopping is on track for a modest 3.7 percent rise this year after strong turnout during the Thanksgiving and Black Friday weekend, thanks to strong online sales.
Retail
US Store Sales Down Slightly for Thanksgiving and Black Friday
Sales at US brick-and-mortar stores on Thanksgiving Day and Black Friday were down slightly from last year, but the performance was still seen as strong in a holiday shopping season where discounts spread well beyond the weekend and many shoppers moving to the web.
US Store Sales Down Slightly for Thanksgiving and Black Friday
Sales at US brick-and-mortar stores on Thanksgiving Day and Black Friday were down slightly from last year, but the performance was still seen as strong in a holiday shopping season where discounts spread well beyond the weekend and many shoppers moving to the web.
Retail
Online Sales Surge Ahead of Brick-and-Mortar Retailers’ Big Day
US e-commerce sales surged on Thanksgiving, raising questions about how many shoppers will show up for brick-and-mortar promotions on Black Friday, the traditional kickoff to the holiday season.
Online Sales Surge Ahead of Brick-and-Mortar Retailers’ Big Day
US e-commerce sales surged on Thanksgiving, raising questions about how many shoppers will show up for brick-and-mortar promotions on Black Friday, the traditional kickoff to the holiday season.
Retail
Protesters Threaten to Target Chicago’s Premier Shopping District
Protesters threatened to disrupt Black Friday shopping along the Midwest’s most luxurious stretch of retail in response to the release of a video showing a white Chicago police officer fatally shooting a black teenager 16 times.
Protesters Threaten to Target Chicago’s Premier Shopping District
Protesters threatened to disrupt Black Friday shopping along the Midwest’s most luxurious stretch of retail in response to the release of a video showing a white Chicago police officer fatally shooting a black teenager 16 times.
Retail
Macy’s Stock Is on Sale Along With Its Sweaters, CEO Says
Macy’s Inc., the largest US department-store chain, may be offering investors a deal on more than just clothes on Black Friday.
Macy’s Stock Is on Sale Along With Its Sweaters, CEO Says
Macy’s Inc., the largest US department-store chain, may be offering investors a deal on more than just clothes on Black Friday.
Retail
Black Friday or Not, We Can Still Shop Like Crazy
Black Friday may be getting tired, but buying stuff that's on sale probably isn't.
Black Friday or Not, We Can Still Shop Like Crazy
Black Friday may be getting tired, but buying stuff that's on sale probably isn't.
Retail
Does Anyone Expect to Pay Full Price Anymore?
Post-recession, retailers started discounting as a way of winning over a more cautious consumer. As Black Friday caps off a season of slow sales, BoF asks, is discounting bad for business?
Does Anyone Expect to Pay Full Price Anymore?
Post-recession, retailers started discounting as a way of winning over a more cautious consumer. As Black Friday caps off a season of slow sales, BoF asks, is discounting bad for business?
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.