Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
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Latest News & Analysis
News & Analysis
Macy’s Profit Trails Estimates As Discounts Erode Margins
Macy’s Inc., the second-largest U.S. department-store company, posted earnings that trailed analysts’ estimates after discounts meant to lure shoppers eroded profit margins.
Macy’s Profit Trails Estimates As Discounts Erode Margins
Macy’s Inc., the second-largest U.S. department-store company, posted earnings that trailed analysts’ estimates after discounts meant to lure shoppers eroded profit margins.
News & Analysis
Macy’s First-Quarter Sales Unexpectedly Fall
NEW YORK, United States — Macy's Inc., the second-largest U.S. department-store company, said first-quarter revenue fell 1.7 percent as inclement
Macy’s First-Quarter Sales Unexpectedly Fall
NEW YORK, United States — Macy's Inc., the second-largest U.S. department-store company, said first-quarter revenue fell 1.7 percent as inclement
News & Analysis
J.C. Penney Says Macy's Lawsuit Unlikely to Impact Results
NEW YORK, United States — Department store J.C. Penney Co Inc said it does not expect the outcome of its pending lawsuit with retailer Macy's Inc
J.C. Penney Says Macy's Lawsuit Unlikely to Impact Results
NEW YORK, United States — Department store J.C. Penney Co Inc said it does not expect the outcome of its pending lawsuit with retailer Macy's Inc
News & Analysis
Bloomingdale’s Black Tags Curb $8.8 Billion Fraud Bill
NEW YORK, United States — Returning a party dress the day after a big soiree is getting harder to do.
Bloomingdale’s Black Tags Curb $8.8 Billion Fraud Bill
NEW YORK, United States — Returning a party dress the day after a big soiree is getting harder to do.
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News & Analysis
U.S. Retailers Boost July Sales with Heavy Discounts and Promotions
NEW YORK, United States — U.S. retailers reported higher sales for July, but they relied heavily on discounts to lure cost-conscious shoppers who
U.S. Retailers Boost July Sales with Heavy Discounts and Promotions
NEW YORK, United States — U.S. retailers reported higher sales for July, but they relied heavily on discounts to lure cost-conscious shoppers who
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The News in Brief
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.
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.