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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Inditex First-Half Profit Beats Estimates as Sales Increase
MADRID, Spain — Inditex SA, the Spanish owner of the Zara and Massimo Dutti chains, reported a 0.7 percent increase in first-half profit that beat
Inditex First-Half Profit Beats Estimates as Sales Increase
MADRID, Spain — Inditex SA, the Spanish owner of the Zara and Massimo Dutti chains, reported a 0.7 percent increase in first-half profit that beat
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Hit by Forex Woes, Fashion Giants H&M, Uniqlo Defer India Stores
"Global fast fashion giants Hennes & Mauritz (H&M) and Uniqlo are deferring their first India store openings citing volatile foreign exchange on
Hit by Forex Woes, Fashion Giants H&M, Uniqlo Defer India Stores
"Global fast fashion giants Hennes & Mauritz (H&M) and Uniqlo are deferring their first India store openings citing volatile foreign exchange on
News & Analysis
H&M Launches U.S. Online Sales After Delays
"Budget fashion retailer Hennes & Mauritz on Thursday launched e-commerce in the United States after a string of delays, setting up shop in the
H&M Launches U.S. Online Sales After Delays
"Budget fashion retailer Hennes & Mauritz on Thursday launched e-commerce in the United States after a string of delays, setting up shop in the
News & Analysis
H&M Biggest Sales Gain in Nine Months Fails to Meet Estimates
STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe's second-biggest clothes retailer, reported June sales that missed estimates after growth slowed in
H&M Biggest Sales Gain in Nine Months Fails to Meet Estimates
STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe's second-biggest clothes retailer, reported June sales that missed estimates after growth slowed in
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H&M Plans Online Sales Push
"Hennes & Mauritz nagged by the stagnant European market, is intensifying its push into China and the U.S., with plans to launch a U.S. online
H&M Plans Online Sales Push
"Hennes & Mauritz nagged by the stagnant European market, is intensifying its push into China and the U.S., with plans to launch a U.S. online
News & Analysis
H&M Wants Your Fashion Discards by Offering Discounts
STOCKHOLM, Sweeden — Hennes & Mauritz AB says it has a solution to tight cotton supplies and the piles of old garments choking landfills worldwide:
H&M Wants Your Fashion Discards by Offering Discounts
STOCKHOLM, Sweeden — Hennes & Mauritz AB says it has a solution to tight cotton supplies and the piles of old garments choking landfills worldwide:
Global Markets
Turkey, Boom Interrupted?
As Turkish police fire water cannons at protestors in Istanbul, is the country’s risk-to-reward ratio shifting? BoF investigates.
Turkey, Boom Interrupted?
As Turkish police fire water cannons at protestors in Istanbul, is the country’s risk-to-reward ratio shifting? BoF investigates.
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H&M Signs Parisian Isabel Marant as Latest Guest Designer
PARIS, France — Hennes & Mauritz AB, Europe's second-largest clothing retailer, said French designer Isabel Marant will be the next collaborator for
H&M Signs Parisian Isabel Marant as Latest Guest Designer
PARIS, France — Hennes & Mauritz AB, Europe's second-largest clothing retailer, said French designer Isabel Marant will be the next collaborator for
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H&M Says Garments Made in Cambodian Factory Without Approval
STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe's second-biggest clothing retailer, said some H&M garments were produced without its knowledge or
H&M Says Garments Made in Cambodian Factory Without Approval
STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe's second-biggest clothing retailer, said some H&M garments were produced without its knowledge or
News & Analysis
H&M to Dress Sweden's Olympians in Sportswear Push
STOCKHOLM, Sweden — Fashion firm H&M will clothe Sweden's Olympic teams at the winter and summer games, bringing a global audience for a growing line
H&M to Dress Sweden's Olympians in Sportswear Push
STOCKHOLM, Sweden — Fashion firm H&M will clothe Sweden's Olympic teams at the winter and summer games, bringing a global audience for a growing line
News & Analysis
H&M Chasing Inditex With Garter Belts in Profit Search
STOCKHOLM, Sweden — Counting on the old adage that sales of affordable luxuries like lipstick and scarves climb in tough times, Hennes & Mauritz AB
H&M Chasing Inditex With Garter Belts in Profit Search
STOCKHOLM, Sweden — Counting on the old adage that sales of affordable luxuries like lipstick and scarves climb in tough times, Hennes & Mauritz AB
News & Analysis
H&M First-Quarter Profit Falls More Than Analysts Anticipated
STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe's second-largest clothing retailer, reported first-quarter profit that fell more than analysts
H&M First-Quarter Profit Falls More Than Analysts Anticipated
STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe's second-largest clothing retailer, reported first-quarter profit that fell more than analysts
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.