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.
digital
Technology
Bits & Bytes | The Luxury Smartwatch Boom, Over a Quarter of US Apparel Is Sold Online
This week, the Apple Watch's success has created a successful luxury smartwatch niche, while a new report sees apparel sales increase online.
Bits & Bytes | The Luxury Smartwatch Boom, Over a Quarter of US Apparel Is Sold Online
This week, the Apple Watch's success has created a successful luxury smartwatch niche, while a new report sees apparel sales increase online.
Financial Markets
Kirsten Green’s Survival Guide for the ‘Retail Reckoning’
The Forerunner Ventures founder, who has backed the likes of Warby Parker, Glossier and Away, discusses her investment thesis and how to win in today’s retail reality.
Kirsten Green’s Survival Guide for the ‘Retail Reckoning’
The Forerunner Ventures founder, who has backed the likes of Warby Parker, Glossier and Away, discusses her investment thesis and how to win in today’s retail reality.
Technology
Bits & Bytes | Inside Amazon’s Private Labels, The Supreme Court E-Commerce Tax
This week, a Supreme Court decision challenges the status of e-commerce retailers, while Amazon quietly promotes its in-house products to consumers.
Bits & Bytes | Inside Amazon’s Private Labels, The Supreme Court E-Commerce Tax
This week, a Supreme Court decision challenges the status of e-commerce retailers, while Amazon quietly promotes its in-house products to consumers.
News & Analysis
States Can Collect Sales Taxes from Online Retailers
The US Supreme Court ruled that states can collect sales tax on internet purchases in a victory for brick-and-mortar retailers.
States Can Collect Sales Taxes from Online Retailers
The US Supreme Court ruled that states can collect sales tax on internet purchases in a victory for brick-and-mortar retailers.
China
Chinese Shoppers Can’t Get Enough of ‘Haitao’
Start-ups are disrupting China's booming $125 billion cross-border e-commerce trade, providing an alternative to giant platforms accused of manipulating traffic, to force brands into exclusive partnerships.
Chinese Shoppers Can’t Get Enough of ‘Haitao’
Start-ups are disrupting China's booming $125 billion cross-border e-commerce trade, providing an alternative to giant platforms accused of manipulating traffic, to force brands into exclusive partnerships.
News & Analysis
Mary Meeker's Internet Trends Report: New Online Users Are Getting Harder to Find
The smartphone business is not growing anymore, according to this year’s installment of Mary Meeker’s much-lauded annual tech industry report.
Mary Meeker's Internet Trends Report: New Online Users Are Getting Harder to Find
The smartphone business is not growing anymore, according to this year’s installment of Mary Meeker’s much-lauded annual tech industry report.
Technology
Decoding LVMH’s Digital Strategy
The world’s largest luxury group is finally focused on digital. Does it need to think bigger?
Decoding LVMH’s Digital Strategy
The world’s largest luxury group is finally focused on digital. Does it need to think bigger?
News & Analysis
Poshmark Hits New Milestone as Sellers Make $1 Billion
Sellers on the online marketplace make a sale every second and upload $100 million of inventory weekly.
Poshmark Hits New Milestone as Sellers Make $1 Billion
Sellers on the online marketplace make a sale every second and upload $100 million of inventory weekly.
Technology
Is Video the Future of Online Shopping?
While platforms like YouTube don’t have integrated e-commerce, video-streaming apps in China, and now the West, are driving more and more sales.
Is Video the Future of Online Shopping?
While platforms like YouTube don’t have integrated e-commerce, video-streaming apps in China, and now the West, are driving more and more sales.
Beauty
Tmall Boosts Dior, YSL Beauty Brands in China
While mass brands have an edge on China’s Tmall in terms of search visibility, prestige labels can fight back by investing in the right areas, according to a new report by research firm L2.
Tmall Boosts Dior, YSL Beauty Brands in China
While mass brands have an edge on China’s Tmall in terms of search visibility, prestige labels can fight back by investing in the right areas, according to a new report by research firm L2.
Retail
Can LVMH Disrupt Itself?
The world’s largest luxury group has been slow to seize the digital opportunity. Now, it’s trying to disrupt itself before it’s disrupted by others.
Can LVMH Disrupt Itself?
The world’s largest luxury group has been slow to seize the digital opportunity. Now, it’s trying to disrupt itself before it’s disrupted by others.
News & Analysis
Even Comme des Garçons Is Launching a Direct-to-Consumer Brand
"What does it mean that a brand like Comme is getting into the online-only business?"
Even Comme des Garçons Is Launching a Direct-to-Consumer Brand
"What does it mean that a brand like Comme is getting into the online-only business?"
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.