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.
logistics
News & Analysis
Online Shopping Boom Keeps Hopes High for Air Freight Profits
An explosion of e-commerce demand is boosting profit at some major airlines despite global trade tensions.
Online Shopping Boom Keeps Hopes High for Air Freight Profits
An explosion of e-commerce demand is boosting profit at some major airlines despite global trade tensions.
News & Analysis
Apple, Amazon and More Vie for US Drone Pilot Program
The U.S. Transportation Department said it will announce 10 winning state, local or tribal governments to host the experiments on Wednesday. The governments in turn have partnered with companies who will play a role in the tests.
Apple, Amazon and More Vie for US Drone Pilot Program
The U.S. Transportation Department said it will announce 10 winning state, local or tribal governments to host the experiments on Wednesday. The governments in turn have partnered with companies who will play a role in the tests.
News & Analysis
H&M Has Delivery Problems and Customers Are Unforgiving
The Swedish fashion retailer is struggling to deliver online goods as fast as it wants.
H&M Has Delivery Problems and Customers Are Unforgiving
The Swedish fashion retailer is struggling to deliver online goods as fast as it wants.
News & Analysis
Op-Ed | Amazon Could Do More to Assist Its Merchant Partners
A new report, which crunched data on the volume of products available for purchase on Amazon, came up with some surprises.
Op-Ed | Amazon Could Do More to Assist Its Merchant Partners
A new report, which crunched data on the volume of products available for purchase on Amazon, came up with some surprises.
News & Analysis
Wear Now, Pay Later: Credit Shopping Goes Digital
Fashion retailers are partnering with a new wave of fintech startups to provide interest-free payment solutions to young consumers scarred by credit cards and The Great Recession.
Wear Now, Pay Later: Credit Shopping Goes Digital
Fashion retailers are partnering with a new wave of fintech startups to provide interest-free payment solutions to young consumers scarred by credit cards and The Great Recession.
Technology
Burberry Teams up with Farfetch in Online Push
Burberry will work closely with Farfetch to expand its distribution globally, giving the British brand access to over 150 countries.
Burberry Teams up with Farfetch in Online Push
Burberry will work closely with Farfetch to expand its distribution globally, giving the British brand access to over 150 countries.
China
JD.com to Raise About $2.5 Billion Selling Stake in Logistics Unit
The new funds will help JD.com supercharge plans to build delivery and warehouse networks around the world to fuel its expansion of e-commerce.
JD.com to Raise About $2.5 Billion Selling Stake in Logistics Unit
The new funds will help JD.com supercharge plans to build delivery and warehouse networks around the world to fuel its expansion of e-commerce.
News & Analysis
Amazon Eyes New Warehouse in Brazil E-Commerce Push
Sources say the juggernaut is taking steps to push into Latin America's biggest retail market.
Amazon Eyes New Warehouse in Brazil E-Commerce Push
Sources say the juggernaut is taking steps to push into Latin America's biggest retail market.
Global Markets
Seeing 200 Million Indians Shop Online, Allcargo Shifts Focus
The battle for e-commerce dominance in India between Amazon and Flipkart has opened the door for one of the nation’s largest logistics companies to reinvent itself.
Seeing 200 Million Indians Shop Online, Allcargo Shifts Focus
The battle for e-commerce dominance in India between Amazon and Flipkart has opened the door for one of the nation’s largest logistics companies to reinvent itself.
News & Analysis
Target to Buy Shipt for $550 Million in Bet on Same-Day Delivery
The deal is Target’s latest move to beef up its logistics operations as competition in this space grows fiercer.
Target to Buy Shipt for $550 Million in Bet on Same-Day Delivery
The deal is Target’s latest move to beef up its logistics operations as competition in this space grows fiercer.
Technology
Online Giants Get Personal
Powered by artificial intelligence and big data, the world’s biggest e-commerce platforms can make an impersonal environment seem highly personal. Will fashion brands find working with these giants an increasingly persuasive proposition?
Online Giants Get Personal
Powered by artificial intelligence and big data, the world’s biggest e-commerce platforms can make an impersonal environment seem highly personal. Will fashion brands find working with these giants an increasingly persuasive proposition?
News & Analysis
Warehouses Get Bigger, Taller and Faster as E-Commerce Takes Off
Builders are sinking record sums into the space because of e-commerce — and robots.
Warehouses Get Bigger, Taller and Faster as E-Commerce Takes Off
Builders are sinking record sums into the space because of e-commerce — and robots.
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.