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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Latest News & Analysis
Retail
David's Bridal Files for Chapter 11 Bankruptcy in Delaware
The Pennsylvania-based retailer's court filing lists liabilities of more than $500 million and assets of more than $100 million.
David's Bridal Files for Chapter 11 Bankruptcy in Delaware
The Pennsylvania-based retailer's court filing lists liabilities of more than $500 million and assets of more than $100 million.
Retail
David's Bridal Is Near a Deal for Chapter 11 Restructuring
The American chain store specialising in wedding and prom dresses has been considering bankruptcy for weeks, anonymous sources report.
David's Bridal Is Near a Deal for Chapter 11 Restructuring
The American chain store specialising in wedding and prom dresses has been considering bankruptcy for weeks, anonymous sources report.
Workplace & Talent
Power Moves | Carolina Herrera VP of Design, Haider Ackermann to Berluti
This week, Haider Ackermann has joined Berluti as creative director, and Carolina Herrera appointed Raffaele Ilardo as vice president of design.
Power Moves | Carolina Herrera VP of Design, Haider Ackermann to Berluti
This week, Haider Ackermann has joined Berluti as creative director, and Carolina Herrera appointed Raffaele Ilardo as vice president of design.
News & Analysis
David's Bridal Says Its CEO Has Stepped Down
David's Bridal says its chief executive officer Pam Wallack has left the company and chairman Paul Pressler will replace her.
David's Bridal Says Its CEO Has Stepped Down
David's Bridal says its chief executive officer Pam Wallack has left the company and chairman Paul Pressler will replace her.
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Retail
High Street Retailers Step Up to the Altar
With off-the-rack gowns at competitive prices, retailers like Asos are targeting brides-to-be who are spending less on the dress.
High Street Retailers Step Up to the Altar
With off-the-rack gowns at competitive prices, retailers like Asos are targeting brides-to-be who are spending less on the dress.
News & Analysis
Inside the Designer Bridal Boom
From Sophia Kokosalaki and Oscar de la Renta to Net-a-Porter and Browns, a wide range of ready-to-wear designers and luxury fashion retailers are capitalising on the rise and rise of designer bridalwear.
Inside the Designer Bridal Boom
From Sophia Kokosalaki and Oscar de la Renta to Net-a-Porter and Browns, a wide range of ready-to-wear designers and luxury fashion retailers are capitalising on the rise and rise of designer bridalwear.
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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.