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.
jewellery
News & Analysis
Hemmerle, a Jeweller’s Jeweller
In a slow luxury jewellery market, a German company with no traditional sales channels has attracted attention for its unique strategy.
Hemmerle, a Jeweller’s Jeweller
In a slow luxury jewellery market, a German company with no traditional sales channels has attracted attention for its unique strategy.
Beauty
Beyond Avon and Mary Kay, Why Social Selling Still Works
Thanks to the growing 'gig economy' and the rise of social media, social selling businesses are thriving.
Beyond Avon and Mary Kay, Why Social Selling Still Works
Thanks to the growing 'gig economy' and the rise of social media, social selling businesses are thriving.
News & Analysis
Jewellery’s Naughty Little Secret: Treated Gemstones
Unbeknownst to most jewellery consumers, gemstones are often treated, filled with glass and even irradiated, yet retailers rarely disclose this.
Jewellery’s Naughty Little Secret: Treated Gemstones
Unbeknownst to most jewellery consumers, gemstones are often treated, filled with glass and even irradiated, yet retailers rarely disclose this.
News & Analysis
How Statement Earrings Became Generation Selfie’s Favourite Trend
From Cos to Céline to Chopard, brands are doubling down on statement earrings in exaggerated sizes and mismatched colours to tap a new generation of consumers.
How Statement Earrings Became Generation Selfie’s Favourite Trend
From Cos to Céline to Chopard, brands are doubling down on statement earrings in exaggerated sizes and mismatched colours to tap a new generation of consumers.
News & Analysis
Diamond Industry Faces Headache as US Market Takes a Knock
In the diamond industry, the only place that really matters is the US, and the market is starting to look a little shaky.
Diamond Industry Faces Headache as US Market Takes a Knock
In the diamond industry, the only place that really matters is the US, and the market is starting to look a little shaky.
Luxury
Tiffany Shares Fall After Surprise Sales Decline
Shares in the luxury jeweller fell by 6.6. percent in early trading after the company posted an unexpected sales decline in the first quarter.
Tiffany Shares Fall After Surprise Sales Decline
Shares in the luxury jeweller fell by 6.6. percent in early trading after the company posted an unexpected sales decline in the first quarter.
Luxury
Tiffany Comes Under Fire For Lack of Diversity on Its Executive Board
The luxury jeweller is facing criticism for the lack of diversity and women on its board, which union group CtW says hinders the company from reacting to trends and reaching millennial shoppers.
Tiffany Comes Under Fire For Lack of Diversity on Its Executive Board
The luxury jeweller is facing criticism for the lack of diversity and women on its board, which union group CtW says hinders the company from reacting to trends and reaching millennial shoppers.
News & Analysis
Cartier, Rolex and Omega Lead Swiss Rankings for Fine Watches
A Swiss industry group has published the findings of the first comprehensive effort to classify high-end Swiss brands in a business where the perception of exclusivity equals all-important bragging rights.
Cartier, Rolex and Omega Lead Swiss Rankings for Fine Watches
A Swiss industry group has published the findings of the first comprehensive effort to classify high-end Swiss brands in a business where the perception of exclusivity equals all-important bragging rights.
Luxury
Tiffany's Profit Rises on Strong Demand in Japan, China
The company has been struggling to lift sales, particularly in the Americas - its biggest market - as shoppers shift to cheaper and chic brands, and spend lesser on accessories.
Tiffany's Profit Rises on Strong Demand in Japan, China
The company has been struggling to lift sales, particularly in the Americas - its biggest market - as shoppers shift to cheaper and chic brands, and spend lesser on accessories.
Luxury
Will Lab-Grown Stones Save or Sink the Troubled Diamond Market?
With the help of a network of close-knit fashion insiders, start-ups like Diamond Foundry and Vrai & Oro are betting that manmade stones will re-energise the diamond market.
Will Lab-Grown Stones Save or Sink the Troubled Diamond Market?
With the help of a network of close-knit fashion insiders, start-ups like Diamond Foundry and Vrai & Oro are betting that manmade stones will re-energise the diamond market.
Retail
News Bites | Italy Launches Green Carpet Fashion Awards, What Next for Tiffany?
In today's News Bites, Italy launches a celebration of its ethical and sustainable manufacturing industry, and a sign that Tiffany needs to chart a new path forward.
News Bites | Italy Launches Green Carpet Fashion Awards, What Next for Tiffany?
In today's News Bites, Italy launches a celebration of its ethical and sustainable manufacturing industry, and a sign that Tiffany needs to chart a new path forward.
News & Analysis
Tiffany to Add Directors in Deal With Activist Hedge Fund Jana
The company said it would add Roger Farah, a former co-chief executive of Tory Burch, and James Lillie, a former CEO of Jarden Corp, to its board.
Tiffany to Add Directors in Deal With Activist Hedge Fund Jana
The company said it would add Roger Farah, a former co-chief executive of Tory Burch, and James Lillie, a former CEO of Jarden Corp, to its board.
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.