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.
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Latest News & Analysis
China
Alibaba and JD.com Face US Threat. Should Brands Be Concerned?
New US legislation could cause an exodus of Chinese tech giants from American stock exchanges. At a time when fashion companies are more reliant than ever on these e-commerce players the stakes are high.
Alibaba and JD.com Face US Threat. Should Brands Be Concerned?
New US legislation could cause an exodus of Chinese tech giants from American stock exchanges. At a time when fashion companies are more reliant than ever on these e-commerce players the stakes are high.
Beauty
LVMH's Next Big Beauty Bet: Traditional Chinese Medicine
Beauty conglomerates such as LVMH and P&G are doubling down on products made from traditional Chinese medicine (TCM), but not all players are primed for success.
LVMH's Next Big Beauty Bet: Traditional Chinese Medicine
Beauty conglomerates such as LVMH and P&G are doubling down on products made from traditional Chinese medicine (TCM), but not all players are primed for success.
Beauty
P&G Shares Rise After Posting Best Sales Growth in at Least a Decade
The grooming business increased sales by 4 percent, shoring up a key area of concern for the company that had failed to keep pace with other units.
P&G Shares Rise After Posting Best Sales Growth in at Least a Decade
The grooming business increased sales by 4 percent, shoring up a key area of concern for the company that had failed to keep pace with other units.
Beauty
Feminism Comes to China. Are Brands Ready?
Taboos and backlash may deter brands from tackling socio-political issues, but as feminism is normalised across China, brands need to engage with female consumers on a deeper level.
Feminism Comes to China. Are Brands Ready?
Taboos and backlash may deter brands from tackling socio-political issues, but as feminism is normalised across China, brands need to engage with female consumers on a deeper level.
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Beauty
Coty Tumbles After Purchase of P&G Brands Brings Challenges
There is more inventory in the retail channel from the acquired business than the company expected, and broader weakness in colour cosmetics also hurt sales.
Coty Tumbles After Purchase of P&G Brands Brings Challenges
There is more inventory in the retail channel from the acquired business than the company expected, and broader weakness in colour cosmetics also hurt sales.
Beauty
P&G Under Pressure to Make a Deal as Eco-Friendly Products Surge
Procter & Gamble Co., which is losing market share to eco-friendly products, is under mounting pressure to either fend off the competitors or buy one of them.
P&G Under Pressure to Make a Deal as Eco-Friendly Products Surge
Procter & Gamble Co., which is losing market share to eco-friendly products, is under mounting pressure to either fend off the competitors or buy one of them.
Beauty
Henkel, Revlon, Coty Reportedly Prepare Bids for P&G beauty brands
Personal care and cosmetics companies Henkel & Co KGaA AG, Revlon Inc and Coty Inc are preparing bids for parts of Procter & Gamble Co's beauty business, according to sources.
Henkel, Revlon, Coty Reportedly Prepare Bids for P&G beauty brands
Personal care and cosmetics companies Henkel & Co KGaA AG, Revlon Inc and Coty Inc are preparing bids for parts of Procter & Gamble Co's beauty business, according to sources.
News & Analysis
P&G and Dolce & Gabbana make up, UK Retail sales slide, Modesty in vogue, Smythson for sale?
P&G Flirts With Luxury Cosmetics ( WSJ)"Dolce & Gabbana The Makeup marks P&G's first foray into upscale cosmetics, a huge jump from its drugstore
P&G and Dolce & Gabbana make up, UK Retail sales slide, Modesty in vogue, Smythson for sale?
P&G Flirts With Luxury Cosmetics ( WSJ)"Dolce & Gabbana The Makeup marks P&G's first foray into upscale cosmetics, a huge jump from its drugstore
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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.