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.
employees
Latest News & Analysis
Retail
Lawmakers Call Amazon Warehouse Unsafe After Surprise Visit
Representative Rashida Tlaib tweeted a video showing Amazon workers cleaning the Romulus-based warehouse in Michigan, while she and her fellow representative Debbie Dingell waited for a tour.
Lawmakers Call Amazon Warehouse Unsafe After Surprise Visit
Representative Rashida Tlaib tweeted a video showing Amazon workers cleaning the Romulus-based warehouse in Michigan, while she and her fellow representative Debbie Dingell waited for a tour.
Retail
Macy's to Furlough Nearly 130,000 Employees
The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes.
Macy's to Furlough Nearly 130,000 Employees
The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes.
Retail
Op-Ed | Online Shopping Is Growing, But Isn’t Creating Jobs
Because so much of their interaction with customers is virtual and automated, e-commerce players don’t necessarily need to increase headcount as sales rise.
Op-Ed | Online Shopping Is Growing, But Isn’t Creating Jobs
Because so much of their interaction with customers is virtual and automated, e-commerce players don’t necessarily need to increase headcount as sales rise.
News & Analysis
Uniqlo Owner Considers $280,000 Salary for Star Employees
As Asia's largest retailer grapples with one of the tightest labour markets in Japanese history, it hopes to lure top talent with the pay package.
Uniqlo Owner Considers $280,000 Salary for Star Employees
As Asia's largest retailer grapples with one of the tightest labour markets in Japanese history, it hopes to lure top talent with the pay package.
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News & Analysis
Apple's Former Retail Chief Angela Ahrendts Joins Airbnb Board
The former Burberry and Apple executive's appointment comes at a time when the the start-up is pushing for more luxury home listings.
Apple's Former Retail Chief Angela Ahrendts Joins Airbnb Board
The former Burberry and Apple executive's appointment comes at a time when the the start-up is pushing for more luxury home listings.
Technology
Apple Gives New Retail Head Stock Grants Worth About $8 Million
Former Burberry CEO Angela Ahrendts was awarded stock grants worth about $68 million when she started at Apple in 2014.
Apple Gives New Retail Head Stock Grants Worth About $8 Million
Former Burberry CEO Angela Ahrendts was awarded stock grants worth about $68 million when she started at Apple in 2014.
News & Analysis
Under Armour Cuts 400 More Jobs in Turnaround Push
The sportswear maker will let go of 3 percent of its global workforce to cut costs in its struggle to compete with Nike and Adidas in North America.
Under Armour Cuts 400 More Jobs in Turnaround Push
The sportswear maker will let go of 3 percent of its global workforce to cut costs in its struggle to compete with Nike and Adidas in North America.
Workplace & Talent
Working at Zalando, Europe's Fastest Growing Fashion E-Commerce Player
Diverse, entrepreneurial, technologically innovative while generous towards its human workforce — according to its employees, Zalando’s company culture has become its greatest asset — and a key competitive differentiator in the market.
Working at Zalando, Europe's Fastest Growing Fashion E-Commerce Player
Diverse, entrepreneurial, technologically innovative while generous towards its human workforce — according to its employees, Zalando’s company culture has become its greatest asset — and a key competitive differentiator in the market.
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Fashion Week
Burberry and Beckham Rule London Fashion Week
This week, everyone will be talking about Riccardo Tisci's first show for Burberry at London Fashion Week, the 10th anniversary of Victoria Beckham's luxury brand and retailers' holiday hiring plans. Read our BoF Professional Cheat Sheet.
Burberry and Beckham Rule London Fashion Week
This week, everyone will be talking about Riccardo Tisci's first show for Burberry at London Fashion Week, the 10th anniversary of Victoria Beckham's luxury brand and retailers' holiday hiring plans. Read our BoF Professional Cheat Sheet.
News & Analysis
Nike Says It 'Acted Swiftly' After Hearing of Conduct Problems
The remarks follow the abrupt resignation of Trevor Edwards, the former president of the Nike brand, and one of his lieutenants, Jayme Martin.
Nike Says It 'Acted Swiftly' After Hearing of Conduct Problems
The remarks follow the abrupt resignation of Trevor Edwards, the former president of the Nike brand, and one of his lieutenants, Jayme Martin.
News & Analysis
Walmart Gives Workers App to Get Paid Earlier
The retailer has teamed up with a financial technology startup to providing workers with an app aimed at helping them budget their money and get paid before payday.
Walmart Gives Workers App to Get Paid Earlier
The retailer has teamed up with a financial technology startup to providing workers with an app aimed at helping them budget their money and get paid before payday.
News & Analysis
Amazon Is Lifeline for Retail Workers — If They Live in Right City
While the e-commerce giant’s fulfilment centres may be providing employment for ex-retail workers, a concentration of warehouse job growth is clustered around Amazon facilities while retail's losses are more evenly distributed.
Amazon Is Lifeline for Retail Workers — If They Live in Right City
While the e-commerce giant’s fulfilment centres may be providing employment for ex-retail workers, a concentration of warehouse job growth is clustered around Amazon facilities while retail's losses are more evenly distributed.
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.