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.
power-moves
Workplace & Talent
Power Moves | Swarovski Names Creative Director, Holt Renfrew Appoints President
This week, Swarovski announces its first global creative director, while Holt Renfrew taps Lane Crawford’s deputy president to lead the department store group.
Power Moves | Swarovski Names Creative Director, Holt Renfrew Appoints President
This week, Swarovski announces its first global creative director, while Holt Renfrew taps Lane Crawford’s deputy president to lead the department store group.
Workplace & Talent
Power Moves | Valentino Appoints CEO, Vice Names Chief People Officer
This week, Valentino appoints a former Gucci star merchandiser to CEO, while Vice hires an HR veteran to lead the team.
Power Moves | Valentino Appoints CEO, Vice Names Chief People Officer
This week, Valentino appoints a former Gucci star merchandiser to CEO, while Vice hires an HR veteran to lead the team.
Workplace & Talent
Power Moves | Missoni Appoints CEO, Condé Nast Taps Communications Lead from Vice
This week, Missoni appoints a former Giorgio Armani executive to CEO, while Condé Nast hires its first ever global chief communications officer.
Power Moves | Missoni Appoints CEO, Condé Nast Taps Communications Lead from Vice
This week, Missoni appoints a former Giorgio Armani executive to CEO, while Condé Nast hires its first ever global chief communications officer.
Workplace & Talent
Power Moves | Walmart Appoints CMO, Oasis and Warehouse CEO departs
This week, Walmart taps a marketing executive from Target, while Oasis and Warehouse CEO departs after the company enters administration.
Power Moves | Walmart Appoints CMO, Oasis and Warehouse CEO departs
This week, Walmart taps a marketing executive from Target, while Oasis and Warehouse CEO departs after the company enters administration.
Workplace & Talent
Power Moves | Lululemon CFO Exits, American Eagle Appoints CFO
This week, Patrick Guido steps down as Lululemon’s CFO of two years, while American Eagle hires a new CFO from within.
Power Moves | Lululemon CFO Exits, American Eagle Appoints CFO
This week, Patrick Guido steps down as Lululemon’s CFO of two years, while American Eagle hires a new CFO from within.
Workplace & Talent
Power Moves | EBay Names CEO, Tapestry Adds to Board
This week, EBay hires a Walmart e-commerce executive to lead the company, while Coach owner Tapestry appoints the former chief executive of Hershey’s to its board.
Power Moves | EBay Names CEO, Tapestry Adds to Board
This week, EBay hires a Walmart e-commerce executive to lead the company, while Coach owner Tapestry appoints the former chief executive of Hershey’s to its board.
Workplace & Talent
Power Moves | Macy’s CFO Resigns, Asos Names Chief Strategy Officer
This week, Paula Price steps down after less than two years as Macy’s CFO, while Asos hires a McKinsey partner to lead on strategy.
Power Moves | Macy’s CFO Resigns, Asos Names Chief Strategy Officer
This week, Paula Price steps down after less than two years as Macy’s CFO, while Asos hires a McKinsey partner to lead on strategy.
Workplace & Talent
Power Moves | Cosmopolitan Names Beauty Director, Ted Baker Appoints CEO
This week, Cosmopolitan taps Essence’s global beauty director, while Ted Baker promotes its CFO to lead the company.
Power Moves | Cosmopolitan Names Beauty Director, Ted Baker Appoints CEO
This week, Cosmopolitan taps Essence’s global beauty director, while Ted Baker promotes its CFO to lead the company.
Workplace & Talent
Power Moves | Hugo Boss CEO, Under Armour Chief Product Officer To Exit
This week, Hugo Boss CEO Mark Langer announced his departure, while the chief product officer of Under Armour is also due to exit.
Power Moves | Hugo Boss CEO, Under Armour Chief Product Officer To Exit
This week, Hugo Boss CEO Mark Langer announced his departure, while the chief product officer of Under Armour is also due to exit.
Workplace & Talent
Power Moves | Lanvin CEO Exits, L Brands Appoints Board Chair
This week, Lanvin CEO Jean-Philippe Hecquet steps down, while L Brands secures a board chair to join upon the completion of its Victoria’s Secret sale.
Power Moves | Lanvin CEO Exits, L Brands Appoints Board Chair
This week, Lanvin CEO Jean-Philippe Hecquet steps down, while L Brands secures a board chair to join upon the completion of its Victoria’s Secret sale.
Workplace & Talent
Power Moves | Chanel Names Global Head of Arts and Culture, Givenchy Taps CEO From Dior Americas
This week, Chanel appoints former Serpentine Galleries Chief Yana Peel to a newly created arts and culture post, while Givenchy hires its new CEO from Dior.
Power Moves | Chanel Names Global Head of Arts and Culture, Givenchy Taps CEO From Dior Americas
This week, Chanel appoints former Serpentine Galleries Chief Yana Peel to a newly created arts and culture post, while Givenchy hires its new CEO from Dior.
Workplace & Talent
Power Moves | Hudson’s Bay Company, Printemps CEOs Depart
This week, the CEO of Saks owner Hudson’s Bay Company steps down, as does the CEO of Printemps.
Power Moves | Hudson’s Bay Company, Printemps CEOs Depart
This week, the CEO of Saks owner Hudson’s Bay Company steps down, as does the CEO of Printemps.
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.