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
China
The China Edit | Sephora Lawsuit, Black Friday, Chow Tai Fook Jewellery, Smog Masks
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Sephora Lawsuit, Black Friday, Chow Tai Fook Jewellery, Smog Masks
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Retail
Retailers Could Pay for Unplanned Holiday Surge
United Parcel Service Inc's chief executive officer said on Monday the company's closer collaboration with major retailers should bring a smooth holiday season, but he said UPS would charge customers more or even refuse packages if last-minute sales by a major customer threaten the company's system.
Retailers Could Pay for Unplanned Holiday Surge
United Parcel Service Inc's chief executive officer said on Monday the company's closer collaboration with major retailers should bring a smooth holiday season, but he said UPS would charge customers more or even refuse packages if last-minute sales by a major customer threaten the company's system.
Retail
Retailers Mull Whether To Open on Thanksgiving
NEW YORK, United States — As the holidays near, retailers face a dilemma: Open on Thanksgiving and stand accused of ruining a national holiday or
Retailers Mull Whether To Open on Thanksgiving
NEW YORK, United States — As the holidays near, retailers face a dilemma: Open on Thanksgiving and stand accused of ruining a national holiday or
News & Analysis
Black Friday E-Commerce Spending Reached Record $1.2 Billion
SAN FRANCISCO, United States — Online spending on Black Friday increased 15 percent to a record $1.20 billion as more consumers opted to shop from
Black Friday E-Commerce Spending Reached Record $1.2 Billion
SAN FRANCISCO, United States — Online spending on Black Friday increased 15 percent to a record $1.20 billion as more consumers opted to shop from
News & Analysis
Will Early Shopping Season Launch Bring Black Friday Hangover?
NEW YORK, United States — U.S. retailers' controversial choice to kick off the U.S. holiday shopping season early, on Thanksgiving, may not pay off
Will Early Shopping Season Launch Bring Black Friday Hangover?
NEW YORK, United States — U.S. retailers' controversial choice to kick off the U.S. holiday shopping season early, on Thanksgiving, may not pay off
News & Analysis
Cyber Monday Spreads as Amazon Woos IPhone-Toting Buyers
SAN FRANCISCO, United States — Cyber Monday, billed as one of the busiest online-commerce days of the year, is spilling into the rest of the holiday
Cyber Monday Spreads as Amazon Woos IPhone-Toting Buyers
SAN FRANCISCO, United States — Cyber Monday, billed as one of the busiest online-commerce days of the year, is spilling into the rest of the holiday
News & Analysis
U.S. Holiday Sales May Rise 3.9% as Budget Fight Curbs Sentiment
NEW YORK, United States — U.S. retail sales may increase 3.9 percent during the holiday season, as political and economic uncertainties damp consumer
U.S. Holiday Sales May Rise 3.9% as Budget Fight Curbs Sentiment
NEW YORK, United States — U.S. retail sales may increase 3.9 percent during the holiday season, as political and economic uncertainties damp consumer
News & Analysis
Black Friday brightens mood, Price hikes, Lanvin performs well for H&M, WSJ vs. T, The making of Alexa Chung
US department stores gain Black Friday traffic (Reuters) "U.S. shoppers spent 6.4 percent more this Black Friday weekend than last year and hit
Black Friday brightens mood, Price hikes, Lanvin performs well for H&M, WSJ vs. T, The making of Alexa Chung
US department stores gain Black Friday traffic (Reuters) "U.S. shoppers spent 6.4 percent more this Black Friday weekend than last year and hit
News & Analysis
Anya Hindmarch's dreams, Personalising the future, A tailored approach, Black Friday creep, Why Kate matters
Dreaming of Clasps and Tassels (WSJ) "Handbag designer Anya Hindmarch designs in her sleep—literally. Some of her best-selling ideas come in the
Anya Hindmarch's dreams, Personalising the future, A tailored approach, Black Friday creep, Why Kate matters
Dreaming of Clasps and Tassels (WSJ) "Handbag designer Anya Hindmarch designs in her sleep—literally. Some of her best-selling ideas come in the
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.