Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
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Latest News & Analysis
Retail
John Lewis To Cut 1,500 Head Office Jobs
The British retailer said the move was part of its strategy to return to sustainable profit by 2025.
John Lewis To Cut 1,500 Head Office Jobs
The British retailer said the move was part of its strategy to return to sustainable profit by 2025.
Workplace & Talent
Power Moves | Nike Names New Diversity Chief
This week, Felicia Mayo, former head of diversity at Tesla, replaced Kellie Leonard in a similar role at the American sportswear giant.
Power Moves | Nike Names New Diversity Chief
This week, Felicia Mayo, former head of diversity at Tesla, replaced Kellie Leonard in a similar role at the American sportswear giant.
Retail
John Lewis Set to Close Eight Stores and Cut 1,300 Jobs
The move follows as the British department store chain focuses on e-commerce, which is set to represent around 60 to 70 percent of its total sales this year and next.
John Lewis Set to Close Eight Stores and Cut 1,300 Jobs
The move follows as the British department store chain focuses on e-commerce, which is set to represent around 60 to 70 percent of its total sales this year and next.
Workplace & Talent
Power Moves | Hunter Creative Director Departs, LOVE Names Senior Editor
This week, Alasdhair Willis exited the British heritage brand, while LOVE appointed Pierre A. M’Pelé, aka Pam Boy, as its senior editor.
Power Moves | Hunter Creative Director Departs, LOVE Names Senior Editor
This week, Alasdhair Willis exited the British heritage brand, while LOVE appointed Pierre A. M’Pelé, aka Pam Boy, as its senior editor.
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Retail
John Lewis Full-Year Sales Could Fall 35%
Sales at the department stores were down 17 percent year-on-year since the middle of March.
John Lewis Full-Year Sales Could Fall 35%
Sales at the department stores were down 17 percent year-on-year since the middle of March.
Retail
John Lewis Poaches Boss of Telecoms Regulator to Be New Chairman
Sharon White will be John Lewis' sixth chairman and the first woman to hold the high-profile position in the retailer's 155-year history.
John Lewis Poaches Boss of Telecoms Regulator to Be New Chairman
Sharon White will be John Lewis' sixth chairman and the first woman to hold the high-profile position in the retailer's 155-year history.
Retail
John Lewis Cuts Employee Bonus to Lowest Since 1953
The cuts underscore the depth of Britain's current retail crisis.
John Lewis Cuts Employee Bonus to Lowest Since 1953
The cuts underscore the depth of Britain's current retail crisis.
Financial Markets
Last-Minute Demand Boosts John Lewis Christmas Sales
Britain's biggest department stores operator said demand was 'very strong' on Christmas Eve, indicating that shoppers had delayed rather than cut spending.
Last-Minute Demand Boosts John Lewis Christmas Sales
Britain's biggest department stores operator said demand was 'very strong' on Christmas Eve, indicating that shoppers had delayed rather than cut spending.
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Retail
John Lewis Profits Evaporate as Struggling Rivals Slash Prices
The group said profit before one-off items slumped 99 percent in first half of 2018, hit by its stores' pledge to match prices at rivals.
John Lewis Profits Evaporate as Struggling Rivals Slash Prices
The group said profit before one-off items slumped 99 percent in first half of 2018, hit by its stores' pledge to match prices at rivals.
Retail
Department Stores to Take Toll on John Lewis Profit
The warning comes after it reported a 22 percent drop in core profit to £289 million for its last financial year in March.
Department Stores to Take Toll on John Lewis Profit
The warning comes after it reported a 22 percent drop in core profit to £289 million for its last financial year in March.
Sustainability
Social Goods | ASOS Bans More Animal Fibres, Fashion Assistants Resist Verbal Abuse
This week, ASOS bans silk, mohair and cashmere, while fashion assistants stand up for their rights.
Social Goods | ASOS Bans More Animal Fibres, Fashion Assistants Resist Verbal Abuse
This week, ASOS bans silk, mohair and cashmere, while fashion assistants stand up for their rights.
Retail
John Lewis Wants to Be the Anti-Amazon
The retailer wants to build more personalised relationships with its customers through concierge-style services, doubling down on everything it says Amazon can’t do.
John Lewis Wants to Be the Anti-Amazon
The retailer wants to build more personalised relationships with its customers through concierge-style services, doubling down on everything it says Amazon can’t do.
The News in Brief
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.
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.