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.

High street sales fall slows in February (Drapers) In the UK, the fall in retail sales slowed in February and job cuts rose.

High street sales fall slows in February (Drapers) In the UK, the fall in retail sales slowed in February and job cuts rose.

Our Love Affair With Malls Is on the Rocks ( New York Times)"The mall we married has become the toxic spouse we can't quit, though we really must

Our Love Affair With Malls Is on the Rocks ( New York Times)"The mall we married has become the toxic spouse we can't quit, though we really must


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Neiman Sets 375 Layoffs Amid Slump (WSJ) Neiman Marcus is laying off 375 people or 3% of its workforce.

Neiman Sets 375 Layoffs Amid Slump (WSJ) Neiman Marcus is laying off 375 people or 3% of its workforce.

L.A. Specialty Boutiques Rocked by Shutdowns ( WWD) In LA, troubled boutiques are closing in droves.

L.A. Specialty Boutiques Rocked by Shutdowns ( WWD) In LA, troubled boutiques are closing in droves.

LONDON, United Kingdom — It's all been a bit doom and gloom around here for months now, and I'm afraid the latest Savigny Luxury Index (SLI) does not

LONDON, United Kingdom — It's all been a bit doom and gloom around here for months now, and I'm afraid the latest Savigny Luxury Index (SLI) does not

Nina Ricci: Theysken's Beat Goes On (WWD) Olivier Theyskens will be staying put at Nina Ricci with an "expanded accessories line, particularly

Nina Ricci: Theysken's Beat Goes On (WWD) Olivier Theyskens will be staying put at Nina Ricci with an "expanded accessories line, particularly

Calvin Klein and the underwear revolution ( Ponystep) Ponystep pays homage to Calvin Klein, the undisputed king of underwear.

Calvin Klein and the underwear revolution ( Ponystep) Ponystep pays homage to Calvin Klein, the undisputed king of underwear.

Kira Plastinina Files for Bankruptcy–U.S. Firm Owes Creditors More Than $54 Million ( WSJ)"Despite much publicity last year for being a teenage

Kira Plastinina Files for Bankruptcy–U.S. Firm Owes Creditors More Than $54 Million ( WSJ)"Despite much publicity last year for being a teenage

LONDON, United Kingdom - According to analysts, we've just come through the worst holiday selling season in 40 years.

LONDON, United Kingdom - According to analysts, we've just come through the worst holiday selling season in 40 years.


A toast to the New Year
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
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.
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
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.
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.
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.