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.
global-briefing
Global Markets
Behind the Flurry of Store Openings in Australia
SYDNEY, Australia — 2011 was an extremely busy year for luxury retail expansion in Australia. In April, Burberry opened a new flagship on Sydney's
Behind the Flurry of Store Openings in Australia
SYDNEY, Australia — 2011 was an extremely busy year for luxury retail expansion in Australia. In April, Burberry opened a new flagship on Sydney's
Global Markets
The Fashion Trail | Unravelling Brazil's Luxury Market
RIO DE JANEIRO, Brazil – Arriving in Rio de Janeiro in the middle of the Brazilian summer, in a country experiencing an ongoing economic boom,
The Fashion Trail | Unravelling Brazil's Luxury Market
RIO DE JANEIRO, Brazil – Arriving in Rio de Janeiro in the middle of the Brazilian summer, in a country experiencing an ongoing economic boom,
Global Markets
Is FDI Reform the Answer to the India Problem?
In our second article this week focused on India, we investigate the barriers impeding the growth of India's international luxury goods market, which
Is FDI Reform the Answer to the India Problem?
In our second article this week focused on India, we investigate the barriers impeding the growth of India's international luxury goods market, which
Global Markets
Cracking E-Commerce in China
We continue this week's focus on e-commerce by turning our attention on how to succeed in the rapidly expanding e-commerce market in China.
Cracking E-Commerce in China
We continue this week's focus on e-commerce by turning our attention on how to succeed in the rapidly expanding e-commerce market in China.
Global Markets
The Fashion Trail | Holon Fashion Week
TEL AVIV, Israel — For people who live smack dab in the middle of the world's most politically charged region, Israelis are a very warm and welcoming
The Fashion Trail | Holon Fashion Week
TEL AVIV, Israel — For people who live smack dab in the middle of the world's most politically charged region, Israelis are a very warm and welcoming
Global Markets
Arc’teryx: An Urban Journey from Outdoor Apparel to Menswear Fashion
VANCOUVER, Canada — An unassuming building, in an unassuming industrial complex. It's hard to believe that this is the headquarters of Arc'teryx, an
Arc’teryx: An Urban Journey from Outdoor Apparel to Menswear Fashion
VANCOUVER, Canada — An unassuming building, in an unassuming industrial complex. It's hard to believe that this is the headquarters of Arc'teryx, an
Global Markets
How Can Emerging Fashion Brands Get a Leg Up in Chinese Retail?
BEIJING, China — With Chinese luxury consumption projected to account for 20 percent, or US$27 billion, of global luxury sales by 2015, it's no
How Can Emerging Fashion Brands Get a Leg Up in Chinese Retail?
BEIJING, China — With Chinese luxury consumption projected to account for 20 percent, or US$27 billion, of global luxury sales by 2015, it's no
Global Markets
How to Seize the China Opportunity, Beyond Store Openings
BEIJING, China — According to Bain & Company, a consulting firm, China is currently the world's second largest consumer of luxury goods, ahead of
How to Seize the China Opportunity, Beyond Store Openings
BEIJING, China — According to Bain & Company, a consulting firm, China is currently the world's second largest consumer of luxury goods, ahead of
Global Markets
The Fashion Trail | Australia, Against All Odds
SYDNEY, Australia — Australian fashion has an image problem. When I mentioned to friends that I was thinking of attending Rosemount Australian
The Fashion Trail | Australia, Against All Odds
SYDNEY, Australia — Australian fashion has an image problem. When I mentioned to friends that I was thinking of attending Rosemount Australian
Global Markets
The Fashion Trail | Modern Mumbai and Lakmé Fashion Week
Front Row at Lakmé Fashion Week | Photo: BoF
The Fashion Trail | Modern Mumbai and Lakmé Fashion Week
Front Row at Lakmé Fashion Week | Photo: BoF
Global Markets
The Fashion Trail | Fashion Rio Reaffirms Its Raison-d’Etre
RIO DE JANEIRO, Brazil — While Sao Paulo Fashion Week kicked off on Friday, the industry's eyes have been on Brazil and its booming fashion sector
The Fashion Trail | Fashion Rio Reaffirms Its Raison-d’Etre
RIO DE JANEIRO, Brazil — While Sao Paulo Fashion Week kicked off on Friday, the industry's eyes have been on Brazil and its booming fashion sector
Global Markets
The Fashion Trail | In Italy, Digital Strategies are only Screen Deep
MILAN, Italy — In the wake of the financial crisis of 2008, luxury fashion brands found themselves scrambling to develop strategies for the so-called
The Fashion Trail | In Italy, Digital Strategies are only Screen Deep
MILAN, Italy — In the wake of the financial crisis of 2008, luxury fashion brands found themselves scrambling to develop strategies for the so-called
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.