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 | Jimmy Choo CEO Exits, StockX Names CTO
This week, Jimmy Choo's CEO of almost eight years steps down, while StockX appoints a chief technology officer.
Power Moves | Jimmy Choo CEO Exits, StockX Names CTO
This week, Jimmy Choo's CEO of almost eight years steps down, while StockX appoints a chief technology officer.
Workplace & Talent
Power Moves | Miu Miu Appoints General Manager, Nike Announces Shakeup
This week, Prada appoints a former Kering Eyewear executive to the helm of Miu Miu, while Nike makes a number of changes to its C-Suite.
Power Moves | Miu Miu Appoints General Manager, Nike Announces Shakeup
This week, Prada appoints a former Kering Eyewear executive to the helm of Miu Miu, while Nike makes a number of changes to its C-Suite.
Workplace & Talent
Power Moves | Allbirds Adds to Board of Directors, LVMH-Owned Moynat Appoints CEO
This week, Allbirds appoints an Old Navy executive to its board, while LVMH brand Moynat brings in a new CEO from stablemate Sephora.
Power Moves | Allbirds Adds to Board of Directors, LVMH-Owned Moynat Appoints CEO
This week, Allbirds appoints an Old Navy executive to its board, while LVMH brand Moynat brings in a new CEO from stablemate Sephora.
Workplace & Talent
Power Moves | Moda Operandi Names COO, Valentino Appoints CCO
This week, Moda Operandi hires a former Condé Nast executive for chief operating officer, while Valentino taps its first chief commercial officer from Fendi.
Power Moves | Moda Operandi Names COO, Valentino Appoints CCO
This week, Moda Operandi hires a former Condé Nast executive for chief operating officer, while Valentino taps its first chief commercial officer from Fendi.
Workplace & Talent
Power Moves | H&M Announces New CEO, Levi’s Adds to Board of Directors
This week, Karl-Johan Persson steps down as H&M CEO, while Levi’s appoints a data scientist from Apple to its board.
Power Moves | H&M Announces New CEO, Levi’s Adds to Board of Directors
This week, Karl-Johan Persson steps down as H&M CEO, while Levi’s appoints a data scientist from Apple to its board.
Workplace & Talent
Power Moves | Dries Van Noten Names President, Agent Provocateur Announces Executive Appointments
This week, Dries Van Noten hires a president formerly at the helm of Ports 1961, while Agent Provocateur appoints a CEO and CCO.
Power Moves | Dries Van Noten Names President, Agent Provocateur Announces Executive Appointments
This week, Dries Van Noten hires a president formerly at the helm of Ports 1961, while Agent Provocateur appoints a CEO and CCO.
Workplace & Talent
Power Moves | Karla Otto Announces Co-CEOs, Valentino Names Chief Brand Officer
This week, Karla Otto is succeeded at her eponymous PR label by co-CEOs, while Valentino appoints its first chief brand officer.
Power Moves | Karla Otto Announces Co-CEOs, Valentino Names Chief Brand Officer
This week, Karla Otto is succeeded at her eponymous PR label by co-CEOs, while Valentino appoints its first chief brand officer.
Workplace & Talent
Power Moves | Kylie Cosmetics Names CEO, Lululemon Appoints First Chief Brand Officer
This week, Kylie Jenner’s namesake cosmetics line names its CEO, while Lululemon taps a former Nike executive for chief brand officer.
Power Moves | Kylie Cosmetics Names CEO, Lululemon Appoints First Chief Brand Officer
This week, Kylie Jenner’s namesake cosmetics line names its CEO, while Lululemon taps a former Nike executive for chief brand officer.
Workplace & Talent
Power Moves | CEO Changes at Balmain and Kering-Owned Brioni
This week, Balmain announces Massimo Piombini’s successor, while Kering appoints a group executive to the helm of Brioni.
Power Moves | CEO Changes at Balmain and Kering-Owned Brioni
This week, Balmain announces Massimo Piombini’s successor, while Kering appoints a group executive to the helm of Brioni.
Workplace & Talent
Power Moves | Stitch Fix Appoints President, Topshop CEO Exits
This week, Stitch Fix taps its president from Bain & Company, while Topshop’s CEO of two years steps down.
Power Moves | Stitch Fix Appoints President, Topshop CEO Exits
This week, Stitch Fix taps its president from Bain & Company, while Topshop’s CEO of two years steps down.
Workplace & Talent
Power Moves | Balmain CEO Exits, Tiffany Loses Board Member
This week, Balmain’s chief executive departed, while Tiffany board member Francsesco Trapani resigned.
Power Moves | Balmain CEO Exits, Tiffany Loses Board Member
This week, Balmain’s chief executive departed, while Tiffany board member Francsesco Trapani resigned.
Workplace & Talent
Power Moves | Kering Watches and Jewellery CEO Steps Down, Asos Names Chief Growth Officer
This week, the head of Kering’s jewellery and watches division exits, while Asos appoints its first ever chief growth officer.
Power Moves | Kering Watches and Jewellery CEO Steps Down, Asos Names Chief Growth Officer
This week, the head of Kering’s jewellery and watches division exits, while Asos appoints its first ever chief growth officer.
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.