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
Retail
Macy's to Cut More Than 10,000 Jobs and Close 68 Stores
Overall, Macy's said, the job reductions represent about 7 percent of its workforce.
Macy's to Cut More Than 10,000 Jobs and Close 68 Stores
Overall, Macy's said, the job reductions represent about 7 percent of its workforce.
News & Analysis
Retailers to Drop On-Call Scheduling Amid State Probes
Six US retailers will no longer require hourly employees to check whether they are still needed for work and risk having their scheduled shifts canceled with little notice.
Retailers to Drop On-Call Scheduling Amid State Probes
Six US retailers will no longer require hourly employees to check whether they are still needed for work and risk having their scheduled shifts canceled with little notice.
News & Analysis
Former Tumi Boss Named New Lands' End CEO
The casual clothing company Lands' End is naming the one-time chief executive of the high-end luggage maker Tumi as its next chief executive officer.
Former Tumi Boss Named New Lands' End CEO
The casual clothing company Lands' End is naming the one-time chief executive of the high-end luggage maker Tumi as its next chief executive officer.
News & Analysis
A 21st Century Retail Workhouse Should Worry Investors
A Channel 4 news report that aired late Wednesday alleged workers were exploited in a warehouse that supplies all of JD’s stores and fullfills online orders.
A 21st Century Retail Workhouse Should Worry Investors
A Channel 4 news report that aired late Wednesday alleged workers were exploited in a warehouse that supplies all of JD’s stores and fullfills online orders.
News & Analysis
Kering unveils new maternity and adoption policy for staff
"All staff who have been at Kering and its brands for at least a year, will have 14 weeks on full pay for maternity and adoption leave, and five days
Kering unveils new maternity and adoption policy for staff
"All staff who have been at Kering and its brands for at least a year, will have 14 weeks on full pay for maternity and adoption leave, and five days
News & Analysis
Social Goods | Asos and Acne Under Fire, a Sustainable Fur Business?
This week, Asos faces accusations of underpaying their workers; meanwhile, Acne Studios pulls a sandal that eerily resembles a shoe designed for impoverished children.
Social Goods | Asos and Acne Under Fire, a Sustainable Fur Business?
This week, Asos faces accusations of underpaying their workers; meanwhile, Acne Studios pulls a sandal that eerily resembles a shoe designed for impoverished children.
News & Analysis
Wal-Mart Crime Epidemic Comes Under Fire From Labour Activists
Making Change at Wal-Mart, a labour group backed by the United Food and Commercial Workers International Union, will start running television ads this week in four media markets and has been handing out fliers to customers in 20 cities.
Wal-Mart Crime Epidemic Comes Under Fire From Labour Activists
Making Change at Wal-Mart, a labour group backed by the United Food and Commercial Workers International Union, will start running television ads this week in four media markets and has been handing out fliers to customers in 20 cities.
News & Analysis
Benetton Heir Quits Clothing Brand's Board
Alessandro Benetton, the son of one of the Italian fashion brand's founders, has quit the Benetton Group board in a move that has raised union concerns about the company's future.
Benetton Heir Quits Clothing Brand's Board
Alessandro Benetton, the son of one of the Italian fashion brand's founders, has quit the Benetton Group board in a move that has raised union concerns about the company's future.
News & Analysis
Nordstrom to Hire Fewer Temporary Employees For Holiday Season
The company said about 9,500 temporary employees will be hired in sales and stock positions at its stores in the United States and Canada and Nordstrom Rack stores in the United States.
Nordstrom to Hire Fewer Temporary Employees For Holiday Season
The company said about 9,500 temporary employees will be hired in sales and stock positions at its stores in the United States and Canada and Nordstrom Rack stores in the United States.
News & Analysis
Macy's Joins Kohl's, Target in Keeping Holiday Season Hiring Flat
Macy's said it would hire about 83,000 temporary workers for the holiday quarter, the third major retailer after Kohl's and Target to keep seasonal hiring largely unchanged from last year.
Macy's Joins Kohl's, Target in Keeping Holiday Season Hiring Flat
Macy's said it would hire about 83,000 temporary workers for the holiday quarter, the third major retailer after Kohl's and Target to keep seasonal hiring largely unchanged from last year.
Retail
Kohl's To Hire Over 69,000 Workers This Holiday Season
Kohl's said it would hire more than 69,000 extra workers in the United States for the holiday selling season, the same as last year.
Kohl's To Hire Over 69,000 Workers This Holiday Season
Kohl's said it would hire more than 69,000 extra workers in the United States for the holiday selling season, the same as last year.
News & Analysis
Tiffany Adds Canadian Pacific’s Erceg as Chief Financial Officer
Tiffany hired Canadian Pacific Railway's Mark Erceg as chief financial officer, adding an executive with global and consumer-brand experience to fill a recent vacancy.
Tiffany Adds Canadian Pacific’s Erceg as Chief Financial Officer
Tiffany hired Canadian Pacific Railway's Mark Erceg as chief financial officer, adding an executive with global and consumer-brand experience to fill a recent vacancy.
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.