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.
millennials
News & Analysis
Millennials Aren't Cheap, They're Thrifty
The generation, now the largest in the country, has an annual spending power of $600 billion and each member spends an estimated $85 per day.
Millennials Aren't Cheap, They're Thrifty
The generation, now the largest in the country, has an annual spending power of $600 billion and each member spends an estimated $85 per day.
Beauty
Kendall vs Kylie: Whose Cosmetics Venture Is Winning Over Gen Z?
How two beauty ventures, each fuelled by the bankability of sisters Kylie and Kendall Jenner, illustrate how indie start-ups are challenging the supremacy of major beauty conglomerates.
Kendall vs Kylie: Whose Cosmetics Venture Is Winning Over Gen Z?
How two beauty ventures, each fuelled by the bankability of sisters Kylie and Kendall Jenner, illustrate how indie start-ups are challenging the supremacy of major beauty conglomerates.
News & Analysis
Nike’s Move to Drop Golf Gives Callaway Big Opening, CEO Says
Nike Inc.’s loss of the golf-club business may be Callaway Golf Co.’s gain.
Nike’s Move to Drop Golf Gives Callaway Big Opening, CEO Says
Nike Inc.’s loss of the golf-club business may be Callaway Golf Co.’s gain.
News & Analysis
Inside the New Teen Vogue
Can a team of Millennials, led by Anna Wintour, win over Gen Z?
Inside the New Teen Vogue
Can a team of Millennials, led by Anna Wintour, win over Gen Z?
Global Markets
Op-Ed | China’s Cult of the Ordinary Commands Big Influence
A new breed of sarcastic, skeptical online influencers from China’s “diaosi” (“loser”) subculture could impact the country’s fashion market, says Eleah Lubatkin.
Op-Ed | China’s Cult of the Ordinary Commands Big Influence
A new breed of sarcastic, skeptical online influencers from China’s “diaosi” (“loser”) subculture could impact the country’s fashion market, says Eleah Lubatkin.
Technology
‘Data Is the New Oil’ and More from SXSW
Collaboration, artificial intelligence, conversational commerce and the rise of Generation Z emerged as key themes at this year’s SXSW.
‘Data Is the New Oil’ and More from SXSW
Collaboration, artificial intelligence, conversational commerce and the rise of Generation Z emerged as key themes at this year’s SXSW.
Retail
Teenage Wasteland: Can Wet Seal Be Saved?
At Wet Seal, new money, new leadership, old problems. Here's what chief executive Melanie Cox is doing about it.
Teenage Wasteland: Can Wet Seal Be Saved?
At Wet Seal, new money, new leadership, old problems. Here's what chief executive Melanie Cox is doing about it.
Marketing
Refinery29, Dazed and i-D Battle for Millennials
How three of fashion's leading youth media brands are deploying next-generation strategies to compete for millennial mindshare.
Refinery29, Dazed and i-D Battle for Millennials
How three of fashion's leading youth media brands are deploying next-generation strategies to compete for millennial mindshare.
Retail
This Is Macy's Idea of a Millennial Wonderland
Part of a $400 million renovation at Macy's flagship location, One Below is an interesting experiment.
This Is Macy's Idea of a Millennial Wonderland
Part of a $400 million renovation at Macy's flagship location, One Below is an interesting experiment.
Marketing
Teens Are Shopping More Like Their Parents
Teens are shopping like their parents and that's putting a lot of pressure on retailers to change the way they market to them.
Teens Are Shopping More Like Their Parents
Teens are shopping like their parents and that's putting a lot of pressure on retailers to change the way they market to them.
Retail
Deeper Back-To-School Discounts to Hurt Teen Clothing Retailers
US teenage apparel retailers face another tough back-to-school season as they are forced to discount more to lure customers who are flocking to trendier shops and embracing online shopping.
Deeper Back-To-School Discounts to Hurt Teen Clothing Retailers
US teenage apparel retailers face another tough back-to-school season as they are forced to discount more to lure customers who are flocking to trendier shops and embracing online shopping.
Marketing
Millennials Follow Uber with New Fashion Trading Model
Battered by student loan debt and the Great Recession, Millennials place less emphasis on owning and more on sharing, bartering and trading to access coveted goods.
Millennials Follow Uber with New Fashion Trading Model
Battered by student loan debt and the Great Recession, Millennials place less emphasis on owning and more on sharing, bartering and trading to access coveted goods.
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.