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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Latest News & Analysis
Luxury
The Rise of Return Fraud and How Retailers Are Fighting Back
Sophisticated counterfeits and a culture of hassle-free returns have created an expensive problem for retailers.
The Rise of Return Fraud and How Retailers Are Fighting Back
Sophisticated counterfeits and a culture of hassle-free returns have created an expensive problem for retailers.
Sustainability
How Big Retailers Are Selling Sustainability
Department stores and e-commerce sites like Selfridges, Farfetch and Galeries Lafayette are making moves to promote more sustainable fashion, a shift that could have a powerful impact on the industry.
How Big Retailers Are Selling Sustainability
Department stores and e-commerce sites like Selfridges, Farfetch and Galeries Lafayette are making moves to promote more sustainable fashion, a shift that could have a powerful impact on the industry.
News & Analysis
Selfridges Will Ban Exotic Skins in 2020
Starting next year, the UK luxury department store chain will only sell leather derived from agricultural livestock, joining a growing number of retailers and brands that have banned crocodile, python and other exotic skins.
Selfridges Will Ban Exotic Skins in 2020
Starting next year, the UK luxury department store chain will only sell leather derived from agricultural livestock, joining a growing number of retailers and brands that have banned crocodile, python and other exotic skins.
Workplace & Talent
Get a Job at the World’s Leading Retailers
The store has long been pronounced dead, but for market-leading talent, retail careers have never been more creative or exciting as they drive the industry's reinvention.
Get a Job at the World’s Leading Retailers
The store has long been pronounced dead, but for market-leading talent, retail careers have never been more creative or exciting as they drive the industry's reinvention.
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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.