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.
legal
Retail
Ivanka Trump Brand Wins More China Trademarks
China has granted provisional approval for four additional Ivanka Trump trademarks, with the brand continuing to seek more intellectual property protection in the country.
Ivanka Trump Brand Wins More China Trademarks
China has granted provisional approval for four additional Ivanka Trump trademarks, with the brand continuing to seek more intellectual property protection in the country.
Retail
Zara Founder Shields Inditex Stake to Maintain Family Control
Amancio Ortega has put a majority stake in the firm that owns the Zara fashion chain into a holding company to ensure family control remains unassailable after he dies.
Zara Founder Shields Inditex Stake to Maintain Family Control
Amancio Ortega has put a majority stake in the firm that owns the Zara fashion chain into a holding company to ensure family control remains unassailable after he dies.
News & Analysis
Coty Denies Claim of a Ban on Online Sales for its Luxury Brands
The comments came in a landmark case, which could determine whether luxury goods companies can stop retailers from selling their products via online marketplaces such as Amazon or eBay.
Coty Denies Claim of a Ban on Online Sales for its Luxury Brands
The comments came in a landmark case, which could determine whether luxury goods companies can stop retailers from selling their products via online marketplaces such as Amazon or eBay.
Luxury
EU Court to Weigh In on Luxury Brands' Attempts to Ban Online Sales
Owners of luxury brands have been fighting with online retailers for the last decade, arguing that they should have the right to choose who distributes their products to protect their luxury image and exclusivity.
EU Court to Weigh In on Luxury Brands' Attempts to Ban Online Sales
Owners of luxury brands have been fighting with online retailers for the last decade, arguing that they should have the right to choose who distributes their products to protect their luxury image and exclusivity.
News & Analysis
Report: Alibaba Won't Take Board Seats at Taiwanese Firms It Invests In
The fund is being raised by China Development Financial Holding (CDF), one of the island's biggest financial holding firms, and the Chinese e-commerce giant is planning to take a 29.99 percent stake.
Report: Alibaba Won't Take Board Seats at Taiwanese Firms It Invests In
The fund is being raised by China Development Financial Holding (CDF), one of the island's biggest financial holding firms, and the Chinese e-commerce giant is planning to take a 29.99 percent stake.
News & Analysis
Alibaba Branded a ‘Notorious Market’ for Knock-Offs by the US
The agency warned last December that Alibaba needed to do better if it wished to avoid the designation, reserved for websites and markets where there is large-scale copyright infringement.
Alibaba Branded a ‘Notorious Market’ for Knock-Offs by the US
The agency warned last December that Alibaba needed to do better if it wished to avoid the designation, reserved for websites and markets where there is large-scale copyright infringement.
Beauty
UK Seeks to Ban Plastic Microbeads in Cosmetics Next Year
The UK will become the latest country to outlaw plastic microbeads used in face wash and toothpaste next year over concerns they harm marine life and enter the food chain.
UK Seeks to Ban Plastic Microbeads in Cosmetics Next Year
The UK will become the latest country to outlaw plastic microbeads used in face wash and toothpaste next year over concerns they harm marine life and enter the food chain.
News & Analysis
Retailers to Drop On-Call Scheduling Amid State Probes
Six US retailers will no longer require hourly employees to check whether they are still needed for work and risk having their scheduled shifts canceled with little notice.
Retailers to Drop On-Call Scheduling Amid State Probes
Six US retailers will no longer require hourly employees to check whether they are still needed for work and risk having their scheduled shifts canceled with little notice.
China
Alibaba Lawsuit Throws Spotlight on ‘Brushers’ Gaming Rankings
A lawsuit filed by Alibaba Group Holding Ltd. is shining a light on the fake reviews and purchases on its websites.
Alibaba Lawsuit Throws Spotlight on ‘Brushers’ Gaming Rankings
A lawsuit filed by Alibaba Group Holding Ltd. is shining a light on the fake reviews and purchases on its websites.
China
Michael Jordan Scores China Legal Win for His Chinese Name
The Supreme People’s Court on revoked the rights of Qiaodan Sports Co. to use Jordan’s last name written in Chinese characters.
Michael Jordan Scores China Legal Win for His Chinese Name
The Supreme People’s Court on revoked the rights of Qiaodan Sports Co. to use Jordan’s last name written in Chinese characters.
Retail
Green Delays Arcadia Results as Pressure Builds on Billionaire
Green, under fire from lawmakers for selling BHS to an unsuitable buyer and leaving behind a significant pension deficit, said he’s “not in the mood” to discuss Arcadia or its results.
Green Delays Arcadia Results as Pressure Builds on Billionaire
Green, under fire from lawmakers for selling BHS to an unsuitable buyer and leaving behind a significant pension deficit, said he’s “not in the mood” to discuss Arcadia or its results.
News & Analysis
Social Goods | Cover Girl's Muslim Beauty Ambassador, Hedi Slimane Fight Against Kering
This week, Cover Girl names Muslim beauty blogger Nura Afia its newest ambassador and Hedi Slimane ongoing legal battle with Kering continues.
Social Goods | Cover Girl's Muslim Beauty Ambassador, Hedi Slimane Fight Against Kering
This week, Cover Girl names Muslim beauty blogger Nura Afia its newest ambassador and Hedi Slimane ongoing legal battle with Kering continues.
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.