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.
counterfeiting
China
The China Edit | Big Spenders Reappear, China Rethinks Counterfeit Hunters
China's wealthiest shoppers are spending at home again providing a welcome boost for the world's luxury brands and how the government country is rethinking its laws about how to report counterfeit products.
The China Edit | Big Spenders Reappear, China Rethinks Counterfeit Hunters
China's wealthiest shoppers are spending at home again providing a welcome boost for the world's luxury brands and how the government country is rethinking its laws about how to report counterfeit products.
China
Alibaba Tells USTR It's Cracking Down Against Counterfeiters
Alibaba Group Holding Ltd. said it has tightened policies against copyright infringements and made it easier for brands to issue complaints.
Alibaba Tells USTR It's Cracking Down Against Counterfeiters
Alibaba Group Holding Ltd. said it has tightened policies against copyright infringements and made it easier for brands to issue complaints.
News & Analysis
Social Goods | Taking Counterfeiters to Court, Terrorism in Bangladesh
This week, luxury brands take a tougher approach to counterfeiters, while terrorist attacks have put Bangladesh's garment industry on edge.
Social Goods | Taking Counterfeiters to Court, Terrorism in Bangladesh
This week, luxury brands take a tougher approach to counterfeiters, while terrorist attacks have put Bangladesh's garment industry on edge.
China
China’s Factory Brands: Clones or Clever Business?
Some Chinese factories are producing own-label products that bear a strong resemblance to the products they make for global luxury companies.
China’s Factory Brands: Clones or Clever Business?
Some Chinese factories are producing own-label products that bear a strong resemblance to the products they make for global luxury companies.
News & Analysis
US Agents in Puerto Rico Seize $1.2M in Counterfeit Goods
Officials said the goods infringed on trademarks including Gucci, Nike, Prada, Chanel and Dolce & Gabbana, among others.
US Agents in Puerto Rico Seize $1.2M in Counterfeit Goods
Officials said the goods infringed on trademarks including Gucci, Nike, Prada, Chanel and Dolce & Gabbana, among others.
Technology
Can New Technologies Thwart Counterfeiters?
New technologies have made it easier for counterfeiters to produce, advertise and distribute fake goods, but they also provide crucial tools for the industry to fight back.
Can New Technologies Thwart Counterfeiters?
New technologies have made it easier for counterfeiters to produce, advertise and distribute fake goods, but they also provide crucial tools for the industry to fight back.
Sustainability
Social Goods | Bono and Ali Hewson Back Natural Beauty, Aquazzura Suing Ivanka Trump
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
Social Goods | Bono and Ali Hewson Back Natural Beauty, Aquazzura Suing Ivanka Trump
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
News & Analysis
Aquazzura Claims Ivanka Trump Knocked Off Its Design
Ivanka Trump is being sued by Aquazzura that claims the fashion line carrying her name is selling a knockoff of one of its designs.
Aquazzura Claims Ivanka Trump Knocked Off Its Design
Ivanka Trump is being sued by Aquazzura that claims the fashion line carrying her name is selling a knockoff of one of its designs.
China
Jack Ma Reiterates Fakes Have No Place on Alibaba’s Platforms
Jack Ma said Alibaba has “zero tolerance” for counterfeits, repeating a message that has so far failed to quell criticisms of its e-commerce platforms as a haven for knock-offs.
Jack Ma Reiterates Fakes Have No Place on Alibaba’s Platforms
Jack Ma said Alibaba has “zero tolerance” for counterfeits, repeating a message that has so far failed to quell criticisms of its e-commerce platforms as a haven for knock-offs.
Financial Markets
Alibaba Expects to Nearly Double Transactions Volume by 2020
Alibaba said it expects to record 6 trillion yuan (over $900 billion) in gross merchandise volume in fiscal 2020, nearly double 3.09 trillion yuan in fiscal 2016.
Alibaba Expects to Nearly Double Transactions Volume by 2020
Alibaba said it expects to record 6 trillion yuan (over $900 billion) in gross merchandise volume in fiscal 2020, nearly double 3.09 trillion yuan in fiscal 2016.
China
Inside Alibaba's Anti-Counterfeiting Feud
This is the tale of how one of China's corporate giants won — and ultimately lost — a friend in Washington, using legal methods long deployed by corporate America: money and influence.
Inside Alibaba's Anti-Counterfeiting Feud
This is the tale of how one of China's corporate giants won — and ultimately lost — a friend in Washington, using legal methods long deployed by corporate America: money and influence.
Sustainability
Social Goods | Chanel Backlash in Cuba, Model Agencies Price Fixing, Scrapping Plus Size
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
Social Goods | Chanel Backlash in Cuba, Model Agencies Price Fixing, Scrapping Plus Size
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
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.