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
Luxury
Alibaba Sued by Kering Brands over Counterfeit Goods
A group of luxury goods makers sued Alibaba Group Holding Ltd, contending the Chinese online shopping giant had knowingly made it possible for counterfeiters to sell their products throughout the world.
Alibaba Sued by Kering Brands over Counterfeit Goods
A group of luxury goods makers sued Alibaba Group Holding Ltd, contending the Chinese online shopping giant had knowingly made it possible for counterfeiters to sell their products throughout the world.
News & Analysis
American Apparel Sues Charney for Violating Standstill Agreement
Apparel retailer American Apparel Inc sued its ousted chief executive Dov Charney for violating his standstill agreement with the company.
American Apparel Sues Charney for Violating Standstill Agreement
Apparel retailer American Apparel Inc sued its ousted chief executive Dov Charney for violating his standstill agreement with the company.
News & Analysis
Etsy Investors Sue for Fraud over Risk of Counterfeit Goods
Etsy Inc. is facing fraud claims from investors after allegations that millions of items sold through its online crafts and specialty wares marketplace likely violate trademarks.
Etsy Investors Sue for Fraud over Risk of Counterfeit Goods
Etsy Inc. is facing fraud claims from investors after allegations that millions of items sold through its online crafts and specialty wares marketplace likely violate trademarks.
News & Analysis
Lululemon Yoga Pants Lawsuit Dismissed
A U.S. appeals court on Friday agreed with Lululemon Athletica Inc that a lawsuit accusing the retailer of defrauding shareholders by failing to reveal defects that caused yoga pants to become see-through was properly dismissed.
Lululemon Yoga Pants Lawsuit Dismissed
A U.S. appeals court on Friday agreed with Lululemon Athletica Inc that a lawsuit accusing the retailer of defrauding shareholders by failing to reveal defects that caused yoga pants to become see-through was properly dismissed.
News & Analysis
American Apparel Gathers Complaints Against Its Former CEO
American Apparel Inc. is gathering documents showing that employees complained about former Chief Executive Officer Dov Charney abusing them, as the company prepares for a legal fight with its founder.
American Apparel Gathers Complaints Against Its Former CEO
American Apparel Inc. is gathering documents showing that employees complained about former Chief Executive Officer Dov Charney abusing them, as the company prepares for a legal fight with its founder.
News & Analysis
American Apparel Ex-CEO Charney Sues Investor for Defamation
Dov Charney, the ousted chief executive of American Apparel Inc, has filed a $30 million defamation lawsuit against a New York hedge fund that controls a large stake in the clothing company he founded, and which refused to support his return.
American Apparel Ex-CEO Charney Sues Investor for Defamation
Dov Charney, the ousted chief executive of American Apparel Inc, has filed a $30 million defamation lawsuit against a New York hedge fund that controls a large stake in the clothing company he founded, and which refused to support his return.
News & Analysis
American Apparel Accused in Suit of Firing CEO to Sell Chain
Dov Charney was fired as American Apparel Inc.’s chief executive officer because he wouldn’t go along with a plan to sell the clothing retailer, according to a shareholder lawsuit brought by two men with ties to him.
American Apparel Accused in Suit of Firing CEO to Sell Chain
Dov Charney was fired as American Apparel Inc.’s chief executive officer because he wouldn’t go along with a plan to sell the clothing retailer, according to a shareholder lawsuit brought by two men with ties to him.
News & Analysis
Fired L’Oreal Lawyer Says Company Patent Push Was Only Cosmetic
A lawyer formerly in charge of applying for patents in L’Oreal’s US office claims he was fired in December for refusing to make filings for dubious inventions just so the company could fill an annual quota.
Fired L’Oreal Lawyer Says Company Patent Push Was Only Cosmetic
A lawyer formerly in charge of applying for patents in L’Oreal’s US office claims he was fired in December for refusing to make filings for dubious inventions just so the company could fill an annual quota.
News & Analysis
Nordstrom Sued for Family Flights as Investor Seeks Accounting
Nordstrom Inc. owns two jets, regularly leases two and employs either nine or 12 pilots, depending on who’s counting. A shareholder says there’s something’s wrong with that mix.
Nordstrom Sued for Family Flights as Investor Seeks Accounting
Nordstrom Inc. owns two jets, regularly leases two and employs either nine or 12 pilots, depending on who’s counting. A shareholder says there’s something’s wrong with that mix.
News & Analysis
Laid Off American Apparel Workers Seek Damages in Lawsuit
Three former American Apparel Inc employees who were among 200 laid off earlier this year are suing the retailer, saying they were not given appropriate legal notice.
Laid Off American Apparel Workers Seek Damages in Lawsuit
Three former American Apparel Inc employees who were among 200 laid off earlier this year are suing the retailer, saying they were not given appropriate legal notice.
News & Analysis
Tiffany Wins Ruling Over $419 Million Swatch Payment
Tiffany & Co. won a Dutch court ruling setting aside a decision by arbitrators who ordered the jewelry chain to pay Swatch Group AG more than 402 million Swiss francs ($419 million) in a dispute over a failed venture.
Tiffany Wins Ruling Over $419 Million Swatch Payment
Tiffany & Co. won a Dutch court ruling setting aside a decision by arbitrators who ordered the jewelry chain to pay Swatch Group AG more than 402 million Swiss francs ($419 million) in a dispute over a failed venture.
News & Analysis
Graffiti Artists Fight Copying by Fashion Brands
A crew of graffiti artists is suing Roberto Cavalli for copyright infringement, unfair competition and false designation of origin in the latest in a string of cases involving alleged misappropriation of street art.
Graffiti Artists Fight Copying by Fashion Brands
A crew of graffiti artists is suing Roberto Cavalli for copyright infringement, unfair competition and false designation of origin in the latest in a string of cases involving alleged misappropriation of street art.
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.