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.
j-crew-group
News & Analysis
Power Moves | Victoria's Secret Announces CEO, President of Condé Nast Entertainment Named
This week, Victoria's Secret appoints John Mehas as chief executive, while Condé Nast announces the president of Condé Nast Entertainment.
Power Moves | Victoria's Secret Announces CEO, President of Condé Nast Entertainment Named
This week, Victoria's Secret appoints John Mehas as chief executive, while Condé Nast announces the president of Condé Nast Entertainment.
Retail
J.Crew Must Die to Live
The struggling specialty retailer is close to being a lost cause. Here's what should be done to try to save it.
J.Crew Must Die to Live
The struggling specialty retailer is close to being a lost cause. Here's what should be done to try to save it.
Retail
Rihanna Takes on Aerie and Victoria's Secret
This week, everyone will be talking about Rihanna's Savage X Fenty show at New York Fashion Week, the new #BoF500, Zara's global e-commerce strategy and J.Crew's new look. Read our BoF Professional Cheat Sheet.
Rihanna Takes on Aerie and Victoria's Secret
This week, everyone will be talking about Rihanna's Savage X Fenty show at New York Fashion Week, the new #BoF500, Zara's global e-commerce strategy and J.Crew's new look. Read our BoF Professional Cheat Sheet.
Retail
How Madewell Is Saving J.Crew
Madewell’s double-digital growth is buoying the J.Crew Group as sales at its namesake brand continue to dwindle. President Libby Wadle explains why Madewell is working, and how she plans to keep the momentum going.
How Madewell Is Saving J.Crew
Madewell’s double-digital growth is buoying the J.Crew Group as sales at its namesake brand continue to dwindle. President Libby Wadle explains why Madewell is working, and how she plans to keep the momentum going.
Retail
Op-Ed | What Gap and J. Crew Can Learn From the Grocery Aisle
The giants of the packaged-food sector are adding new concepts to their stables to adapt to today's shoppers — and specialty apparel chains could benefit from the same approach.
Op-Ed | What Gap and J. Crew Can Learn From the Grocery Aisle
The giants of the packaged-food sector are adding new concepts to their stables to adapt to today's shoppers — and specialty apparel chains could benefit from the same approach.
News & Analysis
Jenna Lyons Replacement Departs J.Crew
Chief design officer Somsack Sikhounmuong, who joined J.Crew 16 years ago, replaced Jenna Lyons after she exited the company this spring.
Jenna Lyons Replacement Departs J.Crew
Chief design officer Somsack Sikhounmuong, who joined J.Crew 16 years ago, replaced Jenna Lyons after she exited the company this spring.
Retail
J. Crew Term Debt Swap Meets Resistance From Creditors
The company's decision to tame its $2 billion debt load is already meeting opposition from a group of creditors that’s been battling the preppy clothing chain over control of its brand.
J. Crew Term Debt Swap Meets Resistance From Creditors
The company's decision to tame its $2 billion debt load is already meeting opposition from a group of creditors that’s been battling the preppy clothing chain over control of its brand.
Retail
J. Crew Seeks Debt Swap Amid Declining Sales
J.Crew, which is struggling to adjust as shoppers flock to online commerce amid changing tastes, announced a debt swap on Monday, in addition to a fall in its quarterly sales.
J. Crew Seeks Debt Swap Amid Declining Sales
J.Crew, which is struggling to adjust as shoppers flock to online commerce amid changing tastes, announced a debt swap on Monday, in addition to a fall in its quarterly sales.
News & Analysis
J.Crew May Never Be the Same Again
Mickey Drexler has stepped down as chief executive officer of J.Crew Group Inc. as it struggles to attract shoppers.
J.Crew May Never Be the Same Again
Mickey Drexler has stepped down as chief executive officer of J.Crew Group Inc. as it struggles to attract shoppers.
News & Analysis
J. Crew's Mickey Drexler to Step Down as CEO
Drexler will stay on at J.Crew as chairman, BoF has learned. He will be succeeded as CEO by Jim Brett, who was most recently president of West Elm.
J. Crew's Mickey Drexler to Step Down as CEO
Drexler will stay on at J.Crew as chairman, BoF has learned. He will be succeeded as CEO by Jim Brett, who was most recently president of West Elm.
Financial Markets
JC Penney Reports Smaller Loss in 2Q as Sales Improve
JC Penney reported a smaller loss in the second quarter as the department store operator's sales improved, fuelled by such moves as bringing back appliances and refreshing other areas of the store.
JC Penney Reports Smaller Loss in 2Q as Sales Improve
JC Penney reported a smaller loss in the second quarter as the department store operator's sales improved, fuelled by such moves as bringing back appliances and refreshing other areas of the store.
Retail
Can American Retailers Kick Their Discounts Addiction?
Rampant discounting at American retailers is creating a race to the bottom, shrinking profit margins and diminishing brand value. Where will it end?
Can American Retailers Kick Their Discounts Addiction?
Rampant discounting at American retailers is creating a race to the bottom, shrinking profit margins and diminishing brand value. Where will it end?
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.