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.
procter-and-gamble
Latest News & Analysis
Beauty
Beauty Giants Bow to Pressure on Skin Lightening Lotions. Is it Enough?
Large conglomerates have come under fire for showing support for the racial justice movement while manufacturing and distributing skin-whitening lotions. Some are taking action, but critics question whether it’s enough.
Beauty Giants Bow to Pressure on Skin Lightening Lotions. Is it Enough?
Large conglomerates have come under fire for showing support for the racial justice movement while manufacturing and distributing skin-whitening lotions. Some are taking action, but critics question whether it’s enough.
Beauty
Beauty Is Cashing In on At-Home Gadgets
Beauty brands are hoping LED face masks, sonic facial toners and other technology-infused products will catch on in the age of Peloton.
Beauty Is Cashing In on At-Home Gadgets
Beauty brands are hoping LED face masks, sonic facial toners and other technology-infused products will catch on in the age of Peloton.
Beauty
5 Beauty Trends That Will Define 2020
From waterless beauty to TikTok, here are the biggest trends to look out for this year.
5 Beauty Trends That Will Define 2020
From waterless beauty to TikTok, here are the biggest trends to look out for this year.
Beauty
Procter & Gamble Quarterly Revenue Beats Expectations
The company exceeded Wall Street expectations following a rise in net income and net sales at the end of the first quarter.
Procter & Gamble Quarterly Revenue Beats Expectations
The company exceeded Wall Street expectations following a rise in net income and net sales at the end of the first quarter.
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Beauty
P&G Sales and Profit Beat Estimates
The beauty business saw a 9 percent rise in organic sales, helped by the premium SK-II brand.
P&G Sales and Profit Beat Estimates
The beauty business saw a 9 percent rise in organic sales, helped by the premium SK-II brand.
Workplace & Talent
Want a Job in Beauty?
As the beauty industry continues to reinvent itself, career opportunities and choices are growing.
Want a Job in Beauty?
As the beauty industry continues to reinvent itself, career opportunities and choices are growing.
Beauty
Procter & Gamble Posts Sales Rise
The company reported a surprise rise in first-quarter sales to $16.69 billion after strong demand for its beauty products and cleaning supplies.
Procter & Gamble Posts Sales Rise
The company reported a surprise rise in first-quarter sales to $16.69 billion after strong demand for its beauty products and cleaning supplies.
Beauty
Investors: Beware the Beauty Bubble
Eager buyers are driving beauty and personal care valuations up, but industry insiders see risks.
Investors: Beware the Beauty Bubble
Eager buyers are driving beauty and personal care valuations up, but industry insiders see risks.
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News & Analysis
Is a Revolution Finally Coming to Feminine Care?
A flurry of fashionable fem care startups are taking aim at Tampax.
Is a Revolution Finally Coming to Feminine Care?
A flurry of fashionable fem care startups are taking aim at Tampax.
Beauty
Tracking the Rise of ‘Clean’ Beauty
Non-toxic beauty is more than a trend: It’s a health issue, a political issue — and a business opportunity. As the market shifts and consumers demand more from their products, will the establishment finally catch on? Sarah Brown reports.
Tracking the Rise of ‘Clean’ Beauty
Non-toxic beauty is more than a trend: It’s a health issue, a political issue — and a business opportunity. As the market shifts and consumers demand more from their products, will the establishment finally catch on? Sarah Brown reports.
Workplace & Talent
Power Moves | Dolce & Gabbana Names COO, Burberry Hires Head of Strategy
This week, Dolce & Gabbana Group has appointed Fabrizio Cardinali as chief operating officer, while Leonie Brantberg has been tapped by Burberry to head up their strategy department.
Power Moves | Dolce & Gabbana Names COO, Burberry Hires Head of Strategy
This week, Dolce & Gabbana Group has appointed Fabrizio Cardinali as chief operating officer, while Leonie Brantberg has been tapped by Burberry to head up their strategy department.
News & Analysis
Social Goods | Model Price Fixing, British Vogue's 'Real' Issue, Asos Working Conditions
This week, France has fined 35 modelling agencies for price fixing, and UK MPs are to investigate working conditions at Asos.
Social Goods | Model Price Fixing, British Vogue's 'Real' Issue, Asos Working Conditions
This week, France has fined 35 modelling agencies for price fixing, and UK MPs are to investigate working conditions at Asos.
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.