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.
consumer-psychology
Retail
Op-Ed | It's Not Retail That's Dying. It's Our Imagination.
Retail executives can learn a lot from Disneyland and the world's largest fish market, argues Shilpa Shah.
Op-Ed | It's Not Retail That's Dying. It's Our Imagination.
Retail executives can learn a lot from Disneyland and the world's largest fish market, argues Shilpa Shah.
Entrepreneurship
Streetwear Reigns Supreme, Say Teens
Brands including Adidas, Supreme and Gucci come out on top in a Piper Jaffray survey of young consumers, while Nike and Ralph Lauren are losing lustre.
Streetwear Reigns Supreme, Say Teens
Brands including Adidas, Supreme and Gucci come out on top in a Piper Jaffray survey of young consumers, while Nike and Ralph Lauren are losing lustre.
Retail
Why Paid Memberships Are the New Loyalty
What if businesses could turn transient loyalty into something deeper and more engaging?
Why Paid Memberships Are the New Loyalty
What if businesses could turn transient loyalty into something deeper and more engaging?
Retail
Op-Ed | Why Mindful Millennials Are Modern Pagans
The ancient human need to explain the vastness of the universe through storytelling and mythology is what’s driving millennial consumer culture today in the US, argues Maggie Montagna and Mortimer Singer.
Op-Ed | Why Mindful Millennials Are Modern Pagans
The ancient human need to explain the vastness of the universe through storytelling and mythology is what’s driving millennial consumer culture today in the US, argues Maggie Montagna and Mortimer Singer.
News & Analysis
Amazon 'Still Has a Long Way to Go' in Conquering Fashion Market, Says Report
While Amazon boasts a 29 percent share of the US fashion e-commerce market, new data from WGSN suggests it is still not viewed as a fashion authority by consumers.
Amazon 'Still Has a Long Way to Go' in Conquering Fashion Market, Says Report
While Amazon boasts a 29 percent share of the US fashion e-commerce market, new data from WGSN suggests it is still not viewed as a fashion authority by consumers.
News & Analysis
Op-Ed | When Image Is Everything
The rise of the image economy presents a revolutionary opportunity to communicate alternate values, but Generation Next seems content to post dope travel pics from Ibiza, argues Chris Wallace.
Op-Ed | When Image Is Everything
The rise of the image economy presents a revolutionary opportunity to communicate alternate values, but Generation Next seems content to post dope travel pics from Ibiza, argues Chris Wallace.
Retail
Op-Ed | Arket Launch Is Smart, but H&M Must Get Core Brand Marching Again
H&M's core brand is under pressure from cheaper rivals, such as Primark and Boohoo. So its response, to diversify into new brands with a different aesthetic and higher prices, is smart.
Op-Ed | Arket Launch Is Smart, but H&M Must Get Core Brand Marching Again
H&M's core brand is under pressure from cheaper rivals, such as Primark and Boohoo. So its response, to diversify into new brands with a different aesthetic and higher prices, is smart.
Retail
Rethinking the Fashion System
After a year of transformation — and increasing chaos — in the way clothes are designed, marketed and sold, industry leaders ponder the future of ‘fashion immediacy.'
Rethinking the Fashion System
After a year of transformation — and increasing chaos — in the way clothes are designed, marketed and sold, industry leaders ponder the future of ‘fashion immediacy.'
Retail
The 10 Commandments of New Consumerism
Consumers are reassessing their priorities and increasingly questioning what they truly value, but what does the change mean for fashion companies?
The 10 Commandments of New Consumerism
Consumers are reassessing their priorities and increasingly questioning what they truly value, but what does the change mean for fashion companies?
News & Analysis
With Shoppable Runway Shows, Fashion Brands Court Millennials
In a world where younger consumers can summon a car or a meal at the click of a button, fashion houses are realising that their next generation of customers is not keen to wait six months for runway styles to hit store shelves.
With Shoppable Runway Shows, Fashion Brands Court Millennials
In a world where younger consumers can summon a car or a meal at the click of a button, fashion houses are realising that their next generation of customers is not keen to wait six months for runway styles to hit store shelves.
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.