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.
coty-inc
News & Analysis
Power Moves | Tod’s Menswear Designer Departs, Moda Operandi Names China Managing Director
This week Moda Operandi rolls out China strategy with new hire, while Tod’s menswear veteran departs.
Power Moves | Tod’s Menswear Designer Departs, Moda Operandi Names China Managing Director
This week Moda Operandi rolls out China strategy with new hire, while Tod’s menswear veteran departs.
News & Analysis
Coty CEO Camillo Pane Resigns, Chairman Replaced
The announcement of Pane's departure follows a drop in shares for the cosmetics company.
Coty CEO Camillo Pane Resigns, Chairman Replaced
The announcement of Pane's departure follows a drop in shares for the cosmetics company.
Financial Markets
Coty Results Beats on Demand for Luxury Fragrances
The beauty products maker reported quarterly results that beat analysts' estimates, helped by robust sales for its Burberry Beauty and Gucci Bloom fragrances.
Coty Results Beats on Demand for Luxury Fragrances
The beauty products maker reported quarterly results that beat analysts' estimates, helped by robust sales for its Burberry Beauty and Gucci Bloom fragrances.
Beauty
Beauty’s Augmented Reality Revolution: What’s Real, What’s Hype, What’s Next
Beauty brands are betting heavily on AR, and the early ROI is promising.
Beauty’s Augmented Reality Revolution: What’s Real, What’s Hype, What’s Next
Beauty brands are betting heavily on AR, and the early ROI is promising.
News & Analysis
Top EU Court to Rule Whether Luxury Brands Can Deny Shoppers Right to Buy Online
The ruling could set a precedent for whether luxury products makers can prevent their products being sold by retailers on online platforms across Europe, a market worth billions of euros.
Top EU Court to Rule Whether Luxury Brands Can Deny Shoppers Right to Buy Online
The ruling could set a precedent for whether luxury products makers can prevent their products being sold by retailers on online platforms across Europe, a market worth billions of euros.
Workplace & Talent
Power Moves | Jeffrey Rudes Joins L'Agence, Stylebop Appoints Fashion Director
This week L’Agence taps J Brand-founder Jeffrey Rudes as its new chief executive, while Stylebop names Ronald Burton its new fashion director.
Power Moves | Jeffrey Rudes Joins L'Agence, Stylebop Appoints Fashion Director
This week L’Agence taps J Brand-founder Jeffrey Rudes as its new chief executive, while Stylebop names Ronald Burton its new fashion director.
Luxury
Top EU Court Adviser Says Coty Can Block Unauthorised Online Sales
The court adviser's view gives luxury brands a boost in the decade-long battle to protect their image and exclusivity online.
Top EU Court Adviser Says Coty Can Block Unauthorised Online Sales
The court adviser's view gives luxury brands a boost in the decade-long battle to protect their image and exclusivity online.
Financial Markets
Coty Reports Third-Quarter Loss
Shares in the beauty company have dropped nearly 3 percent since the beginning of the year.
Coty Reports Third-Quarter Loss
Shares in the beauty company have dropped nearly 3 percent since the beginning of the year.
Workplace & Talent
Teen Vogue Names Elaine Welteroth Editor-in-Chief, Safilo Appoints Board Chairman and More...
In this week's Power Moves, Condé Nast has promoted Elaine Welteroth to editor-in-chief of Teen Vogue, and Safilo Group has appointed Eugenio Razelli as chairman for its board of directors.
Teen Vogue Names Elaine Welteroth Editor-in-Chief, Safilo Appoints Board Chairman and More...
In this week's Power Moves, Condé Nast has promoted Elaine Welteroth to editor-in-chief of Teen Vogue, and Safilo Group has appointed Eugenio Razelli as chairman for its board of directors.
Workplace & Talent
François-Henri Pinault Exits Puma, British Vogue Names Edward Enninful Editor-in-Chief
This week, Kering's chairman and chief executive stepped down from Puma's board of directors and Edward Enninful has been appointed editor-in-chief of British Vogue.
François-Henri Pinault Exits Puma, British Vogue Names Edward Enninful Editor-in-Chief
This week, Kering's chairman and chief executive stepped down from Puma's board of directors and Edward Enninful has been appointed editor-in-chief of British Vogue.
Beauty
Coty's CoverGirl Transformation Won't Be Easy-Breezy
The $14 billion company will clean up and grow into itself...eventually. It will just take time and a lot of patience from Coty investors.
Coty's CoverGirl Transformation Won't Be Easy-Breezy
The $14 billion company will clean up and grow into itself...eventually. It will just take time and a lot of patience from Coty investors.
Beauty
Coty Tumbles After Purchase of P&G Brands Brings Challenges
There is more inventory in the retail channel from the acquired business than the company expected, and broader weakness in colour cosmetics also hurt sales.
Coty Tumbles After Purchase of P&G Brands Brings Challenges
There is more inventory in the retail channel from the acquired business than the company expected, and broader weakness in colour cosmetics also hurt sales.
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.