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.
human-resources
Latest News & Analysis
Workplace & Talent
Black Fashion Industry Leaders Want to Move From Cancel Culture to Accountability With New Coalition
A group co-founded by Lindsay Peoples Wagner and Sandrine Charles will partner with companies to advance Black professionals and release a yearly index score measuring diversity.
Black Fashion Industry Leaders Want to Move From Cancel Culture to Accountability With New Coalition
A group co-founded by Lindsay Peoples Wagner and Sandrine Charles will partner with companies to advance Black professionals and release a yearly index score measuring diversity.
Workplace & Talent
Richemont Signals HR Shakeup After Reports of Bonus Controversy
The Swiss luxury-goods maker’s employees are reportedly frustrated about increases in senior executive compensation when most directors got pay cuts.
Richemont Signals HR Shakeup After Reports of Bonus Controversy
The Swiss luxury-goods maker’s employees are reportedly frustrated about increases in senior executive compensation when most directors got pay cuts.
News & Analysis
Toby Bateman Exiting Mr Porter Amid Talent Exodus at YNAP
The YNAP menswear site’s longtime managing director is the most recent to leave the Richemont-owned group, which has experienced a string of senior departures, according to multiple sources.
Toby Bateman Exiting Mr Porter Amid Talent Exodus at YNAP
The YNAP menswear site’s longtime managing director is the most recent to leave the Richemont-owned group, which has experienced a string of senior departures, according to multiple sources.
Technology
How to Tackle Fashion’s Tech Deficit? Hire the Right People
At a time when e-commerce and digital marketing are mere table stakes, fashion companies are locked in a race for innovation. The first challenge? Recruiting tech talent.
How to Tackle Fashion’s Tech Deficit? Hire the Right People
At a time when e-commerce and digital marketing are mere table stakes, fashion companies are locked in a race for innovation. The first challenge? Recruiting tech talent.
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Workplace & Talent
How to Hire for Fashion’s New World Order
Rebooting analogue organisations for a digital world starts with building the right team with the right talent profile.
How to Hire for Fashion’s New World Order
Rebooting analogue organisations for a digital world starts with building the right team with the right talent profile.
News & Analysis
Gap Expands Entry-Level Program to Help Make Staff More Diverse
The company is bolstering its program for 16- to 24-year-old workers from low-income neighborhoods with no recent employment history.
Gap Expands Entry-Level Program to Help Make Staff More Diverse
The company is bolstering its program for 16- to 24-year-old workers from low-income neighborhoods with no recent employment history.
News & Analysis
Moda Operandi CEO Deborah Nicodemus Exits, Tesla's Ganesh Srivats Steps In
Srivats, who spent 10 years at Burberry before his stint at the automaker, joins the luxury e-commerce company on August 1.
Moda Operandi CEO Deborah Nicodemus Exits, Tesla's Ganesh Srivats Steps In
Srivats, who spent 10 years at Burberry before his stint at the automaker, joins the luxury e-commerce company on August 1.
News & Analysis
Walmart Creates New Executive Role to Better Serve Customers
The newly named executive, Janey Whiteside, will be responsible for both Walmart stores and its e-commerce offerings.
Walmart Creates New Executive Role to Better Serve Customers
The newly named executive, Janey Whiteside, will be responsible for both Walmart stores and its e-commerce offerings.
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News & Analysis
Guess Chairman Paul Marciano Resigns Following Harassment Probe
Marciano and Guess reached settlement agreements with five people totaling $500,000 to avoid 'the cost of litigation and without admitting liability or fault,' according to the company.
Guess Chairman Paul Marciano Resigns Following Harassment Probe
Marciano and Guess reached settlement agreements with five people totaling $500,000 to avoid 'the cost of litigation and without admitting liability or fault,' according to the company.
Retail
Opening Ceremony Lays Off 23 Amid Search For New Investor
The retailer, long known for its downtown cool, has eliminated most of its in-house label’s design team as part of broader restructuring.
Opening Ceremony Lays Off 23 Amid Search For New Investor
The retailer, long known for its downtown cool, has eliminated most of its in-house label’s design team as part of broader restructuring.
News & Analysis
Tiffany Offers Employees a Sparkly Prize: Paid Parental Leave
Joining the likes of Estée Lauder and Walmart, the jeweller will offer up to 14 paid weeks for new parents. Tiffany’s chief executive says the move will help attract talent and boost morale.
Tiffany Offers Employees a Sparkly Prize: Paid Parental Leave
Joining the likes of Estée Lauder and Walmart, the jeweller will offer up to 14 paid weeks for new parents. Tiffany’s chief executive says the move will help attract talent and boost morale.
News & Analysis
Nike Executive Says Company Needs More Women and Minorities in Leadership
Nike Inc's chief human resources officer Monique Matheson spoke to employees weeks after complaints of inappropriate workplace behavior led to a leadership change.
Nike Executive Says Company Needs More Women and Minorities in Leadership
Nike Inc's chief human resources officer Monique Matheson spoke to employees weeks after complaints of inappropriate workplace behavior led to a leadership change.
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.