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.
made-in-america
Latest News & Analysis
Retail
Veronica Beard Is a Hit in the US. Will Its Formula Work Globally Too?
The contemporary label is on track to hit nearly $300 million in sales this year. Up next are stores and new wholesale accounts in Asia, Europe and the Middle East.
Veronica Beard Is a Hit in the US. Will Its Formula Work Globally Too?
The contemporary label is on track to hit nearly $300 million in sales this year. Up next are stores and new wholesale accounts in Asia, Europe and the Middle East.
News & Analysis
Mark Cross: The American Luxury Brand Revival That Almost Wasn’t
How chief executive Neal J. Fox took a 165-year-old leather goods brand and turned it into a 21st century street style favourite by not being afraid to pivot — or take a gamble.
Mark Cross: The American Luxury Brand Revival That Almost Wasn’t
How chief executive Neal J. Fox took a 165-year-old leather goods brand and turned it into a 21st century street style favourite by not being afraid to pivot — or take a gamble.
News & Analysis
Op-Ed | Made in the USA is More Hype Than Reality
A resurgence of apparel manufacturing in the United States is highly unlikely due to simple economic realities, argues Edward Hertzman.
Op-Ed | Made in the USA is More Hype Than Reality
A resurgence of apparel manufacturing in the United States is highly unlikely due to simple economic realities, argues Edward Hertzman.
Global Markets
Made in America | From Detroit's Urban Decay, Shinola Rises
Amidst the urban decay of Detroit, a shoe polish purveyor reborn as a luxury watchmaker is bringing hope to the city's beleaguered manufacturing industry.
Made in America | From Detroit's Urban Decay, Shinola Rises
Amidst the urban decay of Detroit, a shoe polish purveyor reborn as a luxury watchmaker is bringing hope to the city's beleaguered manufacturing industry.
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Global Markets
Made in America | The False Choice
SAN FRANCISCO, United States – Even as the American economy begins to show signs of life, with positive economic indicators and growing consumer
Made in America | The False Choice
SAN FRANCISCO, United States – Even as the American economy begins to show signs of life, with positive economic indicators and growing consumer
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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.