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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News & Analysis
Power Moves | Alibaba Announces Jack Ma's Successor, Temperley London Names CEO
This week, Daniel Zhang will succeed founder Jack Ma as chairman of the board, while Sally Hughes has been named chief executive of Temperley London.
Power Moves | Alibaba Announces Jack Ma's Successor, Temperley London Names CEO
This week, Daniel Zhang will succeed founder Jack Ma as chairman of the board, while Sally Hughes has been named chief executive of Temperley London.
News & Analysis
Power Moves | Hermès Names VP of Press & Influence, JW Anderson Appoints CEO
This week, Hermès taps former Vanity Fair fashion director Michael Carl as vice president of press and influence, while Jenny Galimberti joins J.W. Anderson as its new chief executive.
Power Moves | Hermès Names VP of Press & Influence, JW Anderson Appoints CEO
This week, Hermès taps former Vanity Fair fashion director Michael Carl as vice president of press and influence, while Jenny Galimberti joins J.W. Anderson as its new chief executive.
Workplace & Talent
Power Moves | Lanvin Names CEO, Nina Ricci Appoints Creative Directors
Jean-Philippe Hecquet joins Lanvin as its new chief executive, while Nina Ricci taps Rushemy Botter and Lisi Herrebrugh as creative directors.
Power Moves | Lanvin Names CEO, Nina Ricci Appoints Creative Directors
Jean-Philippe Hecquet joins Lanvin as its new chief executive, while Nina Ricci taps Rushemy Botter and Lisi Herrebrugh as creative directors.
News & Analysis
Power Moves | Phillip Picardi Exits Condé Nast, Highsnobiety Hires Style Director
This week, Phillip Picardi has departed Condé Nast, while Jan-Michael Quammie has been appointed style director of Highsnobiety.
Power Moves | Phillip Picardi Exits Condé Nast, Highsnobiety Hires Style Director
This week, Phillip Picardi has departed Condé Nast, while Jan-Michael Quammie has been appointed style director of Highsnobiety.
News & Analysis
Power Moves | Harrods' New Accessories Director, Michael Kors Hires Communications VP
This week, Annalise Fard is promoted to oversee fine watches, jewellery and fashion accessories at Harrods, while Michael Kors taps Mona Swanson from Valentino.
Power Moves | Harrods' New Accessories Director, Michael Kors Hires Communications VP
This week, Annalise Fard is promoted to oversee fine watches, jewellery and fashion accessories at Harrods, while Michael Kors taps Mona Swanson from Valentino.
Workplace & Talent
Power Moves | Hearst Magazines Names CCO, Shopbop Appoints Brand President
This week, Kate Lewis succeeds chief content officer of Hearst Magazines, while Shopbop hires Shira Suveyke as brand president.
Power Moves | Hearst Magazines Names CCO, Shopbop Appoints Brand President
This week, Kate Lewis succeeds chief content officer of Hearst Magazines, while Shopbop hires Shira Suveyke as brand president.
News & Analysis
Power Moves | Salvatore Ferragamo's New CEO, Louise Trotter Departs Joseph
This week, Micaela Le Divelec Lemmi is named Salvatore Ferragamo's new chief executive, while Louise Trotter exits her role as creative director of Joseph.
Power Moves | Salvatore Ferragamo's New CEO, Louise Trotter Departs Joseph
This week, Micaela Le Divelec Lemmi is named Salvatore Ferragamo's new chief executive, while Louise Trotter exits her role as creative director of Joseph.
News & Analysis
Power Moves | Bally Names CMO, Nowness' Creative Partnerships and Strategy Director
This week, Bally appoints Eva Quirrenbach as chief marketing officer, while Dazed names the creative partnerships and strategy director for Nowness.
Power Moves | Bally Names CMO, Nowness' Creative Partnerships and Strategy Director
This week, Bally appoints Eva Quirrenbach as chief marketing officer, while Dazed names the creative partnerships and strategy director for Nowness.
News & Analysis
Power Moves | Robin Derrick Exits Spring Studios, Richemont Adds to Board of Directors
This week, Robin Derrick departs Spring Studios after 7 years, while Richemont nominates a new executive director.
Power Moves | Robin Derrick Exits Spring Studios, Richemont Adds to Board of Directors
This week, Robin Derrick departs Spring Studios after 7 years, while Richemont nominates a new executive director.
News & Analysis
Power Moves | French Couture Federation Reelects President, Snap Nominates Director
This week, the Fédération de la Haute Couture et de la Mode reelects Ralph Toledano as president, while Snap nominates Glossier's Poppy Thorpe as director.
Power Moves | French Couture Federation Reelects President, Snap Nominates Director
This week, the Fédération de la Haute Couture et de la Mode reelects Ralph Toledano as president, while Snap nominates Glossier's Poppy Thorpe as director.
News & Analysis
Power Moves | ASOS Names Chairman, Nyden Departure Raises Questions
This week, Asos names former ITV boss as next chairman, while the departure of Nyden's leader Oscar Olsson raises questions about the brand.
Power Moves | ASOS Names Chairman, Nyden Departure Raises Questions
This week, Asos names former ITV boss as next chairman, while the departure of Nyden's leader Oscar Olsson raises questions about the brand.
News & Analysis
Power Moves | Bergdorf Goodman Names President, Harrods Chief Merchant Exits
This week, Neiman Marcus Group hires Darcy Penick as president of Bergdorf Goodman, while Helen David departs Harrods after 10 years at the retailer.
Power Moves | Bergdorf Goodman Names President, Harrods Chief Merchant Exits
This week, Neiman Marcus Group hires Darcy Penick as president of Bergdorf Goodman, while Helen David departs Harrods after 10 years at the retailer.
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.