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.
fashion-tech
Technology
Amazon’s E-Commerce Dominance, Adidas Launches 3D-Printed Trainers
This week, Amazon is predicted to account for half of US online retail by 2021, while Adidas prepares to mass produce its new "Futurecraft 4D" shoe.
Amazon’s E-Commerce Dominance, Adidas Launches 3D-Printed Trainers
This week, Amazon is predicted to account for half of US online retail by 2021, while Adidas prepares to mass produce its new "Futurecraft 4D" shoe.
Technology
Adidas to Mass-Produce 3D-Printed Shoes
The new 'Futurecraft 4D' shoe is part of a broader push by the sportswear giant to react faster to changing fashions and create more customised products.
Adidas to Mass-Produce 3D-Printed Shoes
The new 'Futurecraft 4D' shoe is part of a broader push by the sportswear giant to react faster to changing fashions and create more customised products.
Technology
Luxury Brands' Digital Lag, L'Oréal's Technology Incubator
This week, luxury brands finally learn an online presence is essential, while Generation Z's use of Instagram rewrites the rules of selling fashion.
Luxury Brands' Digital Lag, L'Oréal's Technology Incubator
This week, luxury brands finally learn an online presence is essential, while Generation Z's use of Instagram rewrites the rules of selling fashion.
Technology
Alibaba's Global Retail Empire, Google's Impact on Luxury Investors and More...
This week, Alibaba's Jack Ma is challenging Amazon's retail ambitions, while Google searches have become a new essential for luxury investors.
Alibaba's Global Retail Empire, Google's Impact on Luxury Investors and More...
This week, Alibaba's Jack Ma is challenging Amazon's retail ambitions, while Google searches have become a new essential for luxury investors.
Technology
Report: Stitch Fix Said to Be Mulling Initial Public Offering
Executives are understood to have held early discussions with bankers about a potential deal, and the board plans to decide in the next month whether to pursue a public offering.
Report: Stitch Fix Said to Be Mulling Initial Public Offering
Executives are understood to have held early discussions with bankers about a potential deal, and the board plans to decide in the next month whether to pursue a public offering.
Technology
Adidas Trials Customer Personalisation in Bid to Tackle Fast Fashion
Adidas hopes the drive will help it adjust better to fickle fashion trends, allowing it to sell more products at full price.
Adidas Trials Customer Personalisation in Bid to Tackle Fast Fashion
Adidas hopes the drive will help it adjust better to fickle fashion trends, allowing it to sell more products at full price.
Technology
Swiss Smartwatches Multiply as Makers Hunt Millennials
With the flurry of new gadgets, watchmakers are trying to attract millennial shoppers in the middle of the longest downturn on record for the Swiss industry.
Swiss Smartwatches Multiply as Makers Hunt Millennials
With the flurry of new gadgets, watchmakers are trying to attract millennial shoppers in the middle of the longest downturn on record for the Swiss industry.
Technology
Swatch to Launch Smartwatch Operating System by 2018
The world's biggest watchmaker has previously been skeptical about smartwatches and has so far launched watches with limited connected features under its Tissot and Swatch brands.
Swatch to Launch Smartwatch Operating System by 2018
The world's biggest watchmaker has previously been skeptical about smartwatches and has so far launched watches with limited connected features under its Tissot and Swatch brands.
Technology
For Fashion Brands Flocking to SXSW, What’s the ROI?
Fashion and style brands staged a flurry of activations at this year’s South by Southwest Interactive, but breaking through the clutter of competing messages is increasingly challenging.
For Fashion Brands Flocking to SXSW, What’s the ROI?
Fashion and style brands staged a flurry of activations at this year’s South by Southwest Interactive, but breaking through the clutter of competing messages is increasingly challenging.
Technology
Finery Aims to Succeed Where Other Virtual Closets Have Not
Backed by investors including Miroslava Duma and Brooklyn Decker, the wardrobe organiser aggregates data to make the upload process more user-friendly.
Finery Aims to Succeed Where Other Virtual Closets Have Not
Backed by investors including Miroslava Duma and Brooklyn Decker, the wardrobe organiser aggregates data to make the upload process more user-friendly.
Technology
Bits & Bytes | Smart Mirrors, Softwear, Snap Lowers Valuation
This week, brick-and-mortar retailers toy with the idea of high-tech dressing-room mirrors, and Snap Inc. has lowered its valuation ahead of its imminent IPO.
Bits & Bytes | Smart Mirrors, Softwear, Snap Lowers Valuation
This week, brick-and-mortar retailers toy with the idea of high-tech dressing-room mirrors, and Snap Inc. has lowered its valuation ahead of its imminent IPO.
News & Analysis
‘Smart Mirrors’ Come to the Fitting Room
"Why the push? Shoppers who use dressing rooms are seven times more likely to make a purchase than those who just browse the sales floor."
‘Smart Mirrors’ Come to the Fitting Room
"Why the push? Shoppers who use dressing rooms are seven times more likely to make a purchase than those who just browse the sales floor."
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.