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.
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News & Analysis
California Bans Fur Products
Governor Gavin Newsom called it one of the strongest animal rights laws in US history.'
California Bans Fur Products
Governor Gavin Newsom called it one of the strongest animal rights laws in US history.'
News & Analysis
Canada Goose Misses Margins on Higher Sales of Less Profitable Clothes
As the luxury apparel maker sold more of its light-weight spring season clothes, which are not as profitable as its $1,000 parkas, quarterly gross margins missed estimates.
Canada Goose Misses Margins on Higher Sales of Less Profitable Clothes
As the luxury apparel maker sold more of its light-weight spring season clothes, which are not as profitable as its $1,000 parkas, quarterly gross margins missed estimates.
News & Analysis
Why the Fur Industry Is Betting on Influencers
Global fur sales fell to $33 billion last year, down from $40 billion in 2015. Now, Saga Furs, which provides fur for numerous high fashion houses, is turning to influencers like Bryanboy to turn the tide.
Why the Fur Industry Is Betting on Influencers
Global fur sales fell to $33 billion last year, down from $40 billion in 2015. Now, Saga Furs, which provides fur for numerous high fashion houses, is turning to influencers like Bryanboy to turn the tide.
News & Analysis
New York Mayor Backs Fur Ban, Displeasing Political Ally in Iowa
The mayor of New York's announcement he plans to ban fur may be a potential impasse to his presidential run.
New York Mayor Backs Fur Ban, Displeasing Political Ally in Iowa
The mayor of New York's announcement he plans to ban fur may be a potential impasse to his presidential run.
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News & Analysis
Prada Joins Fashion’s Anti-Fur Movement
After a targeted public protest and behind-the-scenes discussions with activist groups, the luxury group will stop using animal fur from Spring/Summer 2020 onwards.
Prada Joins Fashion’s Anti-Fur Movement
After a targeted public protest and behind-the-scenes discussions with activist groups, the luxury group will stop using animal fur from Spring/Summer 2020 onwards.
News & Analysis
Prada Bans Fur From Catwalk, Bowing to Ethical Fashion Demand
The Italian luxury goods group has vowed to stop the use of fur in line with the changing face of consumer attitude.
Prada Bans Fur From Catwalk, Bowing to Ethical Fashion Demand
The Italian luxury goods group has vowed to stop the use of fur in line with the changing face of consumer attitude.
News & Analysis
Kering to Push Stricter Animal Welfare Standard Worldwide
The group's Animal Welfare Standards support prohibiting intensive farming and the use of sub-therapeutic antibiotic treatments.
Kering to Push Stricter Animal Welfare Standard Worldwide
The group's Animal Welfare Standards support prohibiting intensive farming and the use of sub-therapeutic antibiotic treatments.
News & Analysis
Royal Photographer Calls on Creatives to Ban Fur, Feathers and Exotic Skins
Inez and Vinoodh, Diane Von Furstenberg and Tonne Goodman are among the creatives that have committed to Alexi Lubomirski’s new Creatives4Change initiative.
Royal Photographer Calls on Creatives to Ban Fur, Feathers and Exotic Skins
Inez and Vinoodh, Diane Von Furstenberg and Tonne Goodman are among the creatives that have committed to Alexi Lubomirski’s new Creatives4Change initiative.
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.