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.
footwear
Sports
Can Nike Turn the Forgotten Jordan 2 Into the Next Hype Sneaker?
With the Dunk past its prime, Nike is looking for its next hype sneaker. It’s banking on the AJ2, the forgotten child of the Jordan family.
Can Nike Turn the Forgotten Jordan 2 Into the Next Hype Sneaker?
With the Dunk past its prime, Nike is looking for its next hype sneaker. It’s banking on the AJ2, the forgotten child of the Jordan family.
Retail
Where Celebrities Go to Fix Their £5,000 Sneakers
Shoe Lab’s founders operate on the belief that many major luxury footwear brands aren’t interested in making their shoes last, which has created an opportunity for the repair shop.
Where Celebrities Go to Fix Their £5,000 Sneakers
Shoe Lab’s founders operate on the belief that many major luxury footwear brands aren’t interested in making their shoes last, which has created an opportunity for the repair shop.
Sports
What Happens After Sneaker Resale Prices Peak?
The value of hyped shoes on the aftermarket has fallen in recent months, raising questions about whether it’s a momentary stumble or a sign that the category is losing steam.
What Happens After Sneaker Resale Prices Peak?
The value of hyped shoes on the aftermarket has fallen in recent months, raising questions about whether it’s a momentary stumble or a sign that the category is losing steam.
Retail
Derek Jeter, Wayne Gretzky and Misty Copeland Team Up for Sports Apparel Label
The former professional MLB baseball, Canadian hockey player and American ballet dancer are launching a new fitness apparel brand, Greatness Wins, together with Chris Riccobono, a co-founder of the menswear brand Untuckit.
Derek Jeter, Wayne Gretzky and Misty Copeland Team Up for Sports Apparel Label
The former professional MLB baseball, Canadian hockey player and American ballet dancer are launching a new fitness apparel brand, Greatness Wins, together with Chris Riccobono, a co-founder of the menswear brand Untuckit.
Sports
The Hunt for Activewear’s Next Big Category
Luxury brands and startups are making apparel for fast-growing sports like pickleball, rugby, skiing and boxing.
The Hunt for Activewear’s Next Big Category
Luxury brands and startups are making apparel for fast-growing sports like pickleball, rugby, skiing and boxing.
Retail
Supply Chain Woes Accelerate Change at Nike
This week, everyone will be talking about Nike’s latest results and Ralph Lauren’s first in-person show since 2019.
Supply Chain Woes Accelerate Change at Nike
This week, everyone will be talking about Nike’s latest results and Ralph Lauren’s first in-person show since 2019.
Retail
How Fashion Is Cashing in on the 2022 Wedding Boom
Fashion brands are anticipating a surge in demand for wedding garb, and are responding in kind.
How Fashion Is Cashing in on the 2022 Wedding Boom
Fashion brands are anticipating a surge in demand for wedding garb, and are responding in kind.
Luxury
Ralph Lauren Unveils Collection for HBCUs Morehouse and Spelman
The brand aims to honour the contributions of Black students to American collegiate style — drawing inspiration from fashion worn at historically Black colleges from 1920 to 1950.
Ralph Lauren Unveils Collection for HBCUs Morehouse and Spelman
The brand aims to honour the contributions of Black students to American collegiate style — drawing inspiration from fashion worn at historically Black colleges from 1920 to 1950.
Technology
Op-Ed | Notes From an NFT Sceptic
Nike, Adidas and other big brands have plunged headlong into the latest crypto craze. But companies and their customers may soon discover converting virtual fashion into real-world profits isn’t so easy. Caveat emptor, says The NPD Group’s Matt Powell.
Op-Ed | Notes From an NFT Sceptic
Nike, Adidas and other big brands have plunged headlong into the latest crypto craze. But companies and their customers may soon discover converting virtual fashion into real-world profits isn’t so easy. Caveat emptor, says The NPD Group’s Matt Powell.
Retail
Nike Hedges Its Bets
This week, everyone will be talking about Nike’s plans to sell both virtual and physical sneakers, plus the tail end of the all-important holiday shopping season.
Nike Hedges Its Bets
This week, everyone will be talking about Nike’s plans to sell both virtual and physical sneakers, plus the tail end of the all-important holiday shopping season.
Luxury
How Today’s Hottest Shoe Designers Plan to Stay on Top
The recent popularity of colourful shoes from independent labels like Mach & Mach and Amina Muaddi, as well as Paris Texas, Arielle Baron, The Attico, Ancuta Sarca and Pīferi speaks to the post-pandemic hunger for novelty footwear.
How Today’s Hottest Shoe Designers Plan to Stay on Top
The recent popularity of colourful shoes from independent labels like Mach & Mach and Amina Muaddi, as well as Paris Texas, Arielle Baron, The Attico, Ancuta Sarca and Pīferi speaks to the post-pandemic hunger for novelty footwear.
Retail
The Year Ahead: Consumers to Reboot Wardrobes for Post-Pandemic Life
Consumers will reallocate wallet share across fashion categories as pent-up demand for newness intersects with more social freedoms. Companies should prepare for this shift by honing data-driven product development and adjusting their inventory mix.
The Year Ahead: Consumers to Reboot Wardrobes for Post-Pandemic Life
Consumers will reallocate wallet share across fashion categories as pent-up demand for newness intersects with more social freedoms. Companies should prepare for this shift by honing data-driven product development and adjusting their inventory mix.
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.