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
News & Analysis
$7,800 Fakes Spur LVMH and Kering To Fight Online Fraudsters
As companies from LVMH Moet Hennessy Louis Vuitton SE to Kering SA increasingly sell online, top brands are stepping up efforts to combat Web sales of counterfeit and grey-market goods.
$7,800 Fakes Spur LVMH and Kering To Fight Online Fraudsters
As companies from LVMH Moet Hennessy Louis Vuitton SE to Kering SA increasingly sell online, top brands are stepping up efforts to combat Web sales of counterfeit and grey-market goods.
China
The China Edit | SuperGroup, Macau, Counterfeiting
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 | SuperGroup, Macau, Counterfeiting
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.
China
Chinese Counterfeiting in America
China is not the only country with a counterfeiting problem. Most fakes are made in China, but they are sold in America, where counterfeiting is rarely prosecuted as a crime.
Chinese Counterfeiting in America
China is not the only country with a counterfeiting problem. Most fakes are made in China, but they are sold in America, where counterfeiting is rarely prosecuted as a crime.
Luxury
Italian Police Block 410 Websites Selling High-Fashion Fakes
Italian authorities have closed down 410 websites selling fake luxury goods including Prada handbags and Patek Philippe watches and launched raids against counterfeiters nationwide.
Italian Police Block 410 Websites Selling High-Fashion Fakes
Italian authorities have closed down 410 websites selling fake luxury goods including Prada handbags and Patek Philippe watches and launched raids against counterfeiters nationwide.
China
The China Edit | Unlikely Invaders, Angelica Cheung, L'Oreal
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 | Unlikely Invaders, Angelica Cheung, L'Oreal
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.
China
Alibaba's Latest Gambit in Fighting Fakes: Foster Local Brands
Criticized and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been quietly piloting a scheme to try to curb fakes at source.
Alibaba's Latest Gambit in Fighting Fakes: Foster Local Brands
Criticized and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been quietly piloting a scheme to try to curb fakes at source.
China
The China Edit | Chen Man, Great Mall of China, Alibaba
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 | Chen Man, Great Mall of China, Alibaba
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.
News & Analysis
Etsy Investors Sue for Fraud over Risk of Counterfeit Goods
Etsy Inc. is facing fraud claims from investors after allegations that millions of items sold through its online crafts and specialty wares marketplace likely violate trademarks.
Etsy Investors Sue for Fraud over Risk of Counterfeit Goods
Etsy Inc. is facing fraud claims from investors after allegations that millions of items sold through its online crafts and specialty wares marketplace likely violate trademarks.
Global Markets
Under Fire From US Group, Alibaba says Fighting Counterfeit Goods
Alibaba Group Holding Ltd said it had a range of measures to fight counterfeits on its websites - remarks that come after a trade group requested US government help in prodding the Chinese e-commerce giant into action against fake goods.
Under Fire From US Group, Alibaba says Fighting Counterfeit Goods
Alibaba Group Holding Ltd said it had a range of measures to fight counterfeits on its websites - remarks that come after a trade group requested US government help in prodding the Chinese e-commerce giant into action against fake goods.
China
The China Edit | Asia's Fashion Empires, Chanel, Ferragamo, Gucci
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 | Asia's Fashion Empires, Chanel, Ferragamo, Gucci
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.
News & Analysis
Salvatore Ferragamo in $7m Fight Against Fakes
" Salvatore Ferragamo, the Italian fashion house, said it had blocked, seized or destroyed more than 100,000 fake products in a 'fierce global battle
Salvatore Ferragamo in $7m Fight Against Fakes
" Salvatore Ferragamo, the Italian fashion house, said it had blocked, seized or destroyed more than 100,000 fake products in a 'fierce global battle
Technology
Chinese Manufacturers Roll Out Apple Watch Lookalikes
A month before Apple Inc.'s smartwatch hits the market, China's thriving copycat manufacturers are selling lookalikes, some openly advertised as Apple copies.
Chinese Manufacturers Roll Out Apple Watch Lookalikes
A month before Apple Inc.'s smartwatch hits the market, China's thriving copycat manufacturers are selling lookalikes, some openly advertised as Apple copies.
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.