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.
lawsuit
News & Analysis
American Apparel Founder Says He’s Broke and Can’t Afford Lawyer
Ex-American Apparel Inc. chief executive officer Dov Charney told a Delaware judge that if he can’t raise money to hire a new lawyer, he’ll continue doing his own legal work.
American Apparel Founder Says He’s Broke and Can’t Afford Lawyer
Ex-American Apparel Inc. chief executive officer Dov Charney told a Delaware judge that if he can’t raise money to hire a new lawyer, he’ll continue doing his own legal work.
News & Analysis
California Runner Sues Nike after Breaking Leg on 'Dream Run'
Kate Freeman of Los Angeles filed a lawsuit on Friday in Multnomah County Circuit Court seeking $1.3 million from the Beaverton, Oregon-based company.
California Runner Sues Nike after Breaking Leg on 'Dream Run'
Kate Freeman of Los Angeles filed a lawsuit on Friday in Multnomah County Circuit Court seeking $1.3 million from the Beaverton, Oregon-based company.
Technology
Amazon.com Escapes Trademark Suit after Appeals Court Reverses Itself
Amazon.com Inc did not violate the trademarks of a high-end watchmaker by offering alternative brands with similar styles in its search results, a federal appeals court ruled on Wednesday.
Amazon.com Escapes Trademark Suit after Appeals Court Reverses Itself
Amazon.com Inc did not violate the trademarks of a high-end watchmaker by offering alternative brands with similar styles in its search results, a federal appeals court ruled on Wednesday.
News & Analysis
Op-Ed | Are Unpaid Internships Acceptable?
As courts hand down both intern- and employer-friendly decisions, the landscape of unpaid internships is shifting, writes Julie Zerbo.
Op-Ed | Are Unpaid Internships Acceptable?
As courts hand down both intern- and employer-friendly decisions, the landscape of unpaid internships is shifting, writes Julie Zerbo.
News & Analysis
American Apparel Investor Standard General Sues Charney
The latest lawsuit, filed by American Apparel stakeholder Standard General on Monday, alleged that Charney was yet to fulfill promises made to the hedge fund and sought an injunction to stop his "meritless" and "destructive actions" against the firm.
American Apparel Investor Standard General Sues Charney
The latest lawsuit, filed by American Apparel stakeholder Standard General on Monday, alleged that Charney was yet to fulfill promises made to the hedge fund and sought an injunction to stop his "meritless" and "destructive actions" against the firm.
News & Analysis
Ousted CEO Charney Files Two More Lawsuits against American Apparel
American Apparel Inc said its ousted chief executive Dov Charney filed two more lawsuits against the company alleging defamation, representation in false light and claims for securities fraud.
Ousted CEO Charney Files Two More Lawsuits against American Apparel
American Apparel Inc said its ousted chief executive Dov Charney filed two more lawsuits against the company alleging defamation, representation in false light and claims for securities fraud.
Retail
American Apparel Details Allegations of Sexual Misconduct by Ousted CEO
American Apparel Inc has accused ousted founder Dov Charney of using ethnic slurs against workers and keeping videos on a company server of himself in sex acts with models and employees, recently filed court papers show.
American Apparel Details Allegations of Sexual Misconduct by Ousted CEO
American Apparel Inc has accused ousted founder Dov Charney of using ethnic slurs against workers and keeping videos on a company server of himself in sex acts with models and employees, recently filed court papers show.
News & Analysis
Michael Kors Settles US Lawsuit Alleging Deceptive Price Tags
Michael Kors Holdings Ltd agreed to pay $4.88 million and change its sales practices to settle a class action lawsuit claiming it used deceptive price tags at its outlet stores to fool shoppers into believing they were getting big bargains.
Michael Kors Settles US Lawsuit Alleging Deceptive Price Tags
Michael Kors Holdings Ltd agreed to pay $4.88 million and change its sales practices to settle a class action lawsuit claiming it used deceptive price tags at its outlet stores to fool shoppers into believing they were getting big bargains.
News & Analysis
Scarf Ruling Means More Work Ahead for Bosses to Avoid Job Bias
A US Supreme Court ruling that Abercrombie & Fitch Co. can be sued for denying employment to a woman wearing a head scarf will compel companies to do more to accommodate employees’ religious beliefs.
Scarf Ruling Means More Work Ahead for Bosses to Avoid Job Bias
A US Supreme Court ruling that Abercrombie & Fitch Co. can be sued for denying employment to a woman wearing a head scarf will compel companies to do more to accommodate employees’ religious beliefs.
News & Analysis
US Supreme Court Rules for Muslim Woman Denied Job at Abercrombie
The US Supreme Court on Monday ruled in favour of a Muslim woman who filed a lawsuit after she was denied a job at an Abercrombie & Fitch Co clothing store in Oklahoma because she wore a head scarf for religious reasons.
US Supreme Court Rules for Muslim Woman Denied Job at Abercrombie
The US Supreme Court on Monday ruled in favour of a Muslim woman who filed a lawsuit after she was denied a job at an Abercrombie & Fitch Co clothing store in Oklahoma because she wore a head scarf for religious reasons.
China
Alibaba's Ma Expresses 'Regret' over Counterfeits Lawsuit
The founder of Alibaba Group has expressed regret over a lawsuit filed by the owner of luxury brands Gucci and Yves Saint Laurent.
Alibaba's Ma Expresses 'Regret' over Counterfeits Lawsuit
The founder of Alibaba Group has expressed regret over a lawsuit filed by the owner of luxury brands Gucci and Yves Saint Laurent.
China
Alibaba Says Kering Suit Alleging Fake Gucci Sales Has No Basis
Alibaba Group Holding Ltd., China’s largest e-commerce operator, rejected claims in a lawsuit by Kering SA that it facilitates the sale of counterfeit merchandise.
Alibaba Says Kering Suit Alleging Fake Gucci Sales Has No Basis
Alibaba Group Holding Ltd., China’s largest e-commerce operator, rejected claims in a lawsuit by Kering SA that it facilitates the sale of counterfeit merchandise.
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.