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
Retail
Op-Ed | China's Backlash Against South Korean Firms Won't Hurt a Bit
No matter how much firms may be hurting now, Chinese fans of K-Pop aren't gone for good.
Op-Ed | China's Backlash Against South Korean Firms Won't Hurt a Bit
No matter how much firms may be hurting now, Chinese fans of K-Pop aren't gone for good.
Retail
Ivanka Trump Backlash Didn’t Hurt Nordstrom
Hundreds of thousands of other posts on social media took sides, with pro-Nordstrom opinions slightly outweighing the negative ones. Either way, the buzz fizzled fast.
Ivanka Trump Backlash Didn’t Hurt Nordstrom
Hundreds of thousands of other posts on social media took sides, with pro-Nordstrom opinions slightly outweighing the negative ones. Either way, the buzz fizzled fast.
Retail
South Korea's Lotte Reports Store Closures in China Amid Political Stand-Off
The Lotte closures are the latest in a series of incidents affecting South Korean companies in China after cyber attacks and a ban on sales of travel tours to South Korea.
South Korea's Lotte Reports Store Closures in China Amid Political Stand-Off
The Lotte closures are the latest in a series of incidents affecting South Korean companies in China after cyber attacks and a ban on sales of travel tours to South Korea.
News & Analysis
How Fashion Became a Political Soapbox for Anti-Trump Protesters
"Activists on the New York catwalks, the return of slogan T-shirts and a wave of feelgood campaigns - with global politics in turmoil the fashion
How Fashion Became a Political Soapbox for Anti-Trump Protesters
"Activists on the New York catwalks, the return of slogan T-shirts and a wave of feelgood campaigns - with global politics in turmoil the fashion
Financial Markets
Trump Tells Retail Executives Tax Overhaul Plan Is Coming Soon
The proposed overhaul of the corporate tax code would reward companies that sell products outside the US while punishing ones that rely on low-cost overseas suppliers.
Trump Tells Retail Executives Tax Overhaul Plan Is Coming Soon
The proposed overhaul of the corporate tax code would reward companies that sell products outside the US while punishing ones that rely on low-cost overseas suppliers.
News & Analysis
Under Armour CEO Responds to Criticism of Trump Praise
Kevin Plank wrote an open letter to Baltimore published as a full-page advertisement in The Baltimore Sun Wednesday.
Under Armour CEO Responds to Criticism of Trump Praise
Kevin Plank wrote an open letter to Baltimore published as a full-page advertisement in The Baltimore Sun Wednesday.
News & Analysis
Trump to Meet with Retail CEOs on Border Adjusted Tax
The meeting will include CEOS from Target, Gap and J.C. Penney, according to those familiar with attendees.
Trump to Meet with Retail CEOs on Border Adjusted Tax
The meeting will include CEOS from Target, Gap and J.C. Penney, according to those familiar with attendees.
Financial Markets
Report: Retail CEOs Head to Washington to Try to Kill US Border Tax
Their input has more urgency as US President Donald Trump is finalising his own tax plan that he plans to unveil in the coming weeks.
Report: Retail CEOs Head to Washington to Try to Kill US Border Tax
Their input has more urgency as US President Donald Trump is finalising his own tax plan that he plans to unveil in the coming weeks.
News & Analysis
How Condé Nast Learned to Love Tangling With Trump
It’s not the standard strategy in the glossy magazine world, although that landscape is changing.
How Condé Nast Learned to Love Tangling With Trump
It’s not the standard strategy in the glossy magazine world, although that landscape is changing.
News & Analysis
Trump Aide Says Endorsement of Ivanka's Brand Was 'Lighthearted'
Stephen Miller said Trump adviser Kellyanne Conway was making a "lighthearted, flippant" comment when she urged Americans to buy Ivanka Trump's products.
Trump Aide Says Endorsement of Ivanka's Brand Was 'Lighthearted'
Stephen Miller said Trump adviser Kellyanne Conway was making a "lighthearted, flippant" comment when she urged Americans to buy Ivanka Trump's products.
News & Analysis
Under Armour-Sponsored Athletes Oppose CEO's Pro-Trump Comments
Plank's comments immediately drew backlash on social media with many using hashtags #boycottUnderArmour and #Grabyourwallet to promote a campaign against pro-Trump companies.
Under Armour-Sponsored Athletes Oppose CEO's Pro-Trump Comments
Plank's comments immediately drew backlash on social media with many using hashtags #boycottUnderArmour and #Grabyourwallet to promote a campaign against pro-Trump companies.
News & Analysis
Ivanka Trump Brand Plans to Expand Footprint Despite Criticism
Sales of Ivanka Trump merchandise jumped 21 percent in 2016. And the collection will be available in 1,000 stores this year, up from more than 800.
Ivanka Trump Brand Plans to Expand Footprint Despite Criticism
Sales of Ivanka Trump merchandise jumped 21 percent in 2016. And the collection will be available in 1,000 stores this year, up from more than 800.
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.