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.
politics
News & Analysis
Victoria’s Secret CEO Compares Clinton, Trump to Roman Emperors
Les Wexner, who runs L Brands and its Victoria’s Secret division, blamed the election for distracting consumers.
Victoria’s Secret CEO Compares Clinton, Trump to Roman Emperors
Les Wexner, who runs L Brands and its Victoria’s Secret division, blamed the election for distracting consumers.
News & Analysis
Angry Women Are Boycotting Ivanka Trump's Fashion Range as She Defends Donald
"Women are boycotting Ivanka Trump’s fashion range, in protest at her continued support of her father’s presidential campaign."
Angry Women Are Boycotting Ivanka Trump's Fashion Range as She Defends Donald
"Women are boycotting Ivanka Trump’s fashion range, in protest at her continued support of her father’s presidential campaign."
Luxury
Luxury Goods Market Hampered by Terror Threats, US Election
The terror threat in Europe, a strong dollar and uncertainty over the US presidential elections have eroded the confidence of the globe's big-spenders.
Luxury Goods Market Hampered by Terror Threats, US Election
The terror threat in Europe, a strong dollar and uncertainty over the US presidential elections have eroded the confidence of the globe's big-spenders.
News & Analysis
French Uproar Creates Opportunity for Israeli Burkini Makers
France's burkini controversy is boosting the bottom line for Israeli makers of modest women's swimwear.
French Uproar Creates Opportunity for Israeli Burkini Makers
France's burkini controversy is boosting the bottom line for Israeli makers of modest women's swimwear.
Sustainability
Social Goods | Cambodian Factory Closures, Burkini Ban Overturned
This week, garment factory closures raise questions in Cambodia, and a high court blocks France's attempted Burkini ban.
Social Goods | Cambodian Factory Closures, Burkini Ban Overturned
This week, garment factory closures raise questions in Cambodia, and a high court blocks France's attempted Burkini ban.
Sustainability
Social Goods | 14-Year-Old H&M Factory Workers, Burkini Debate, Amazon's Tax Bill
This week, H&M has taken action against factories employing 14-year-olds, and the burkini debate continues.
Social Goods | 14-Year-Old H&M Factory Workers, Burkini Debate, Amazon's Tax Bill
This week, H&M has taken action against factories employing 14-year-olds, and the burkini debate continues.
Marketing
Inside the Business of Trump’s Trucker Hats and Clinton’s Pantsuit Tees
This election cycle, US presidential candidates have spent unprecedented amounts on campaign merchandise to raise funds and boost awareness.
Inside the Business of Trump’s Trucker Hats and Clinton’s Pantsuit Tees
This election cycle, US presidential candidates have spent unprecedented amounts on campaign merchandise to raise funds and boost awareness.
News & Analysis
'Make America Great Again' Hats Fall Short of 'Made in USA' Claim
At least one of the hats in a small test sample did not contain the specific type of American-made fabric the hats' manufacturer insists his factory always uses.
'Make America Great Again' Hats Fall Short of 'Made in USA' Claim
At least one of the hats in a small test sample did not contain the specific type of American-made fabric the hats' manufacturer insists his factory always uses.
News & Analysis
Brexit Vote Sends Tourists Flocking to London to Purchase Luxury Goods
By voting to leave the European Union, Britons have delivered a potential windfall to tourists eager to snatch up Burberry trenchcoats, Harrods Stilton and Liberty scarves on the cheap.
Brexit Vote Sends Tourists Flocking to London to Purchase Luxury Goods
By voting to leave the European Union, Britons have delivered a potential windfall to tourists eager to snatch up Burberry trenchcoats, Harrods Stilton and Liberty scarves on the cheap.
News & Analysis
Karl Lagerfeld Calls Brexit Vote a 'Moment of Madness'
Britain's decision to leave the European Union has unleashing market turmoil and untold damage to the global fashion industry. Industry figures speak out.
Karl Lagerfeld Calls Brexit Vote a 'Moment of Madness'
Britain's decision to leave the European Union has unleashing market turmoil and untold damage to the global fashion industry. Industry figures speak out.
News & Analysis
Colombian Designer Makes Fashion Business Bulletproof
Miguel Caballero, who makes lightweight, bulletproof clothing for dignitaries including the King of Jordan, says he has a 'survivors club' of 20 customers who owe their lives to wearing his garments.
Colombian Designer Makes Fashion Business Bulletproof
Miguel Caballero, who makes lightweight, bulletproof clothing for dignitaries including the King of Jordan, says he has a 'survivors club' of 20 customers who owe their lives to wearing his garments.
News & Analysis
The Day Great Britain Became Little England
The vote to exit the EU wasn’t really about the EU, it was a protest vote of people who were left behind, argues Imran Amed.
The Day Great Britain Became Little England
The vote to exit the EU wasn’t really about the EU, it was a protest vote of people who were left behind, argues Imran Amed.
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.