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.
law
Latest News & Analysis
News & Analysis
Amazon’s Fast Track to Pentagon Deal Derailed by Trump, Rivals
The US President has announced plans to look into the $10 billion Joint Enterprise Defense Infrastructure contract, potentially to be awarded Amazon.
Amazon’s Fast Track to Pentagon Deal Derailed by Trump, Rivals
The US President has announced plans to look into the $10 billion Joint Enterprise Defense Infrastructure contract, potentially to be awarded Amazon.
News & Analysis
India Reviews E-Commerce Policy Draft After Criticism
The draft underscored India’s intent to examine every aspect of e-commerce regulation from data localisation to antitrust rules, tightening restrictions on global giants like Amazon and Google.
India Reviews E-Commerce Policy Draft After Criticism
The draft underscored India’s intent to examine every aspect of e-commerce regulation from data localisation to antitrust rules, tightening restrictions on global giants like Amazon and Google.
News & Analysis
Do Influencers Need Regulating?
The land of sponsored posts and freebies is still very much the Wild West without a clear sheriff, but social media companies may ultimately have the biggest interest in keeping things clean.
Do Influencers Need Regulating?
The land of sponsored posts and freebies is still very much the Wild West without a clear sheriff, but social media companies may ultimately have the biggest interest in keeping things clean.
Sustainability
What Should French Fashion Do With Its Unsold Clothing?
A circular economy incentive to prohibit brands from discarding unsold clothing means luxury and high street retailers need to rethink their practices.
What Should French Fashion Do With Its Unsold Clothing?
A circular economy incentive to prohibit brands from discarding unsold clothing means luxury and high street retailers need to rethink their practices.
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News & Analysis
Amazon Settles Tax Row with France, Value Undisclosed
Amazon said it had settled a long-running dispute with French tax authorities, who have been seeking nearly $249 million from the online retail giant.
Amazon Settles Tax Row with France, Value Undisclosed
Amazon said it had settled a long-running dispute with French tax authorities, who have been seeking nearly $249 million from the online retail giant.
News & Analysis
Top EU Court to Rule Whether Luxury Brands Can Deny Shoppers Right to Buy Online
The ruling could set a precedent for whether luxury products makers can prevent their products being sold by retailers on online platforms across Europe, a market worth billions of euros.
Top EU Court to Rule Whether Luxury Brands Can Deny Shoppers Right to Buy Online
The ruling could set a precedent for whether luxury products makers can prevent their products being sold by retailers on online platforms across Europe, a market worth billions of euros.
Technology
European Union to Launch Competition Probes in E-Commerce
Further investigations in the e-commerce sector would be launched by the European Commission after it discovered business practices that restrict competition.
European Union to Launch Competition Probes in E-Commerce
Further investigations in the e-commerce sector would be launched by the European Commission after it discovered business practices that restrict competition.
News & Analysis
Amidst Backlash, Ivanka Trump Clothing Is Secretly Relabelled as Adrienne Vittadini
BoF has learned that G-III, the company that licenses Ivanka Trump ready-to-wear, has relabelled inventory without the knowledge of the brand and sold it to discount chain Stein Mart.
Amidst Backlash, Ivanka Trump Clothing Is Secretly Relabelled as Adrienne Vittadini
BoF has learned that G-III, the company that licenses Ivanka Trump ready-to-wear, has relabelled inventory without the knowledge of the brand and sold it to discount chain Stein Mart.
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News & Analysis
France Meets Muslim Leaders, Experts After Burkini Row
France's interior minister convened Muslim leaders Monday to discuss a French-style Islam that honours the nation's secular values, a task given new urgency after deep divisions surfaced over burkini bans in 30 French beach towns.
France Meets Muslim Leaders, Experts After Burkini Row
France's interior minister convened Muslim leaders Monday to discuss a French-style Islam that honours the nation's secular values, a task given new urgency after deep divisions surfaced over burkini bans in 30 French beach towns.
News & Analysis
Aeropostale Accuses Sycamore Partners of 'Loan to Own' Scheme
Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into bankruptcy.
Aeropostale Accuses Sycamore Partners of 'Loan to Own' Scheme
Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into bankruptcy.
China
Jack Ma Says Lawsuits, Probes Help Alibaba to Be Understood
Lawsuits and investigations are an opportunity for Alibaba Group Holding Ltd to be better understood, founder and executive chairman Jack Ma said in an interview on Saturday.
Jack Ma Says Lawsuits, Probes Help Alibaba to Be Understood
Lawsuits and investigations are an opportunity for Alibaba Group Holding Ltd to be better understood, founder and executive chairman Jack Ma said in an interview on Saturday.
News & Analysis
UK Shadow Chancellor Joins Calls to Strip Philip Green of Knighthood
UK Labour finance spokesman John McDonnell has called for former BHS owner Philip Green to be stripped of his knighthood if he refuses to appear before a parliamentary committee this week.
UK Shadow Chancellor Joins Calls to Strip Philip Green of Knighthood
UK Labour finance spokesman John McDonnell has called for former BHS owner Philip Green to be stripped of his knighthood if he refuses to appear before a parliamentary committee this week.
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.