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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Market Pulse | Currency Headwinds Keep Blowing
The Savigny Luxury Index fell 2.2 percent over the month, as adverse foreign exchange movements continue to weigh on the luxury sector’s growth.
Market Pulse | Currency Headwinds Keep Blowing
The Savigny Luxury Index fell 2.2 percent over the month, as adverse foreign exchange movements continue to weigh on the luxury sector’s growth.
News & Analysis
Market Pulse | More of a Good Thing
The Savigny Luxury Index continued its upward ascent gaining over two percent this month, driven by positive newsflow and reassured prospects for the Chinese economy.
Market Pulse | More of a Good Thing
The Savigny Luxury Index continued its upward ascent gaining over two percent this month, driven by positive newsflow and reassured prospects for the Chinese economy.
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Crocodile Bites Show Why Your Birkin Bag Is So Expensive
PARIS, France — Crocodile-skin handbags can be to die for. Really.
Crocodile Bites Show Why Your Birkin Bag Is So Expensive
PARIS, France — Crocodile-skin handbags can be to die for. Really.
News & Analysis
Italy's British outpost, Beautiful youth, Changes at Lucky, Luxury's big secret, Model lawsuit
In Italy, a British Outpost (NY Times) "In other words, Burberry, Dsquared, Cavalli and Gucci are not names you will often read in the same sentence.
Italy's British outpost, Beautiful youth, Changes at Lucky, Luxury's big secret, Model lawsuit
In Italy, a British Outpost (NY Times) "In other words, Burberry, Dsquared, Cavalli and Gucci are not names you will often read in the same sentence.
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News & Analysis
Gucci's Florentine museum, Economic clouds at PFW, Cavalli sees luxury slowdown, Hearst digital sales, Gareth Pugh
Gucci Feeds Its Florentine Roots (IHT) "The museum, housed in a 14th-century building in the Piazza della Signoria, is designed to honor the
Gucci's Florentine museum, Economic clouds at PFW, Cavalli sees luxury slowdown, Hearst digital sales, Gareth Pugh
Gucci Feeds Its Florentine Roots (IHT) "The museum, housed in a 14th-century building in the Piazza della Signoria, is designed to honor the
News & Analysis
Cavalli takes on investor, New Look soars, Sugar Inc. gets a cash injection, Richemont seeks sanction
Cavalli agrees to sell 30 percent to Clessidra (Reuters) "Italian designer Roberto Cavalli has signed a letter of intent with Italian investment fund
Cavalli takes on investor, New Look soars, Sugar Inc. gets a cash injection, Richemont seeks sanction
Cavalli agrees to sell 30 percent to Clessidra (Reuters) "Italian designer Roberto Cavalli has signed a letter of intent with Italian investment fund
News & Analysis
H&M Home, Ittierre sues Cavalli, Fashion's invisible woman, London and Milan economic pinch
H&M launches home textiles bid ( WSJ) As a way to buffer the lackluster fashion market, H&M has launched a textile business which was slated for a
H&M Home, Ittierre sues Cavalli, Fashion's invisible woman, London and Milan economic pinch
H&M launches home textiles bid ( WSJ) As a way to buffer the lackluster fashion market, H&M has launched a textile business which was slated for a
News & Analysis
Gap earnings fall, US economy contracts, Reiss' younger line, Just Cavalli presents
Gap earnings rise but sales fall ( Drapers)"Total international sales fell slightly to $505 million over the fourth quarter."
Gap earnings fall, US economy contracts, Reiss' younger line, Just Cavalli presents
Gap earnings rise but sales fall ( Drapers)"Total international sales fell slightly to $505 million over the fourth quarter."
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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.