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.
sport
News & Analysis
Adidas Predicts Record Soccer Sales as Euro 2016 Boosts Business
Adidas AG forecast record soccer sales this year as business is boosted by the monthlong European championship being played in France.
Adidas Predicts Record Soccer Sales as Euro 2016 Boosts Business
Adidas AG forecast record soccer sales this year as business is boosted by the monthlong European championship being played in France.
News & Analysis
Barcelona Agree Kit Deal Extension with Nike
Barcelona have agreed an extension to their kit-manufacturing deal with Nike which Spanish media reported was the most lucrative arrangement of its kind in the world.
Barcelona Agree Kit Deal Extension with Nike
Barcelona have agreed an extension to their kit-manufacturing deal with Nike which Spanish media reported was the most lucrative arrangement of its kind in the world.
Financial Markets
Adidas Sees 10 to 12 Percent Earnings Growth as Consumers Spend More
Adidas AG, the German sport-shoe maker, forecast an increase in earnings this year as consumers spend more, making it easier to sell higher-priced goods and offset rising costs.
Adidas Sees 10 to 12 Percent Earnings Growth as Consumers Spend More
Adidas AG, the German sport-shoe maker, forecast an increase in earnings this year as consumers spend more, making it easier to sell higher-priced goods and offset rising costs.
News & Analysis
Nike's Football Business Is About Adults Buying Expensive Jerseys
Armchair quarterbacks will pay handsomely for the futuristic fabric in Nike's new NFL jerseys.
Nike's Football Business Is About Adults Buying Expensive Jerseys
Armchair quarterbacks will pay handsomely for the futuristic fabric in Nike's new NFL jerseys.
News & Analysis
Nike Cooperating in US FIFA Investigation of Brazil Claims
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
Nike Cooperating in US FIFA Investigation of Brazil Claims
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
News & Analysis
Adidas Golf Unit Stuck in Bunker as Hainer Decides What to Sell
Adidas will seek buyers for some or all of the company’s TaylorMade business. But it must determine what the money-losing asset is worth and who’d want it at a time when golf’s popularity has ebbed.
Adidas Golf Unit Stuck in Bunker as Hainer Decides What to Sell
Adidas will seek buyers for some or all of the company’s TaylorMade business. But it must determine what the money-losing asset is worth and who’d want it at a time when golf’s popularity has ebbed.
Financial Markets
How Pigalle Plans to Shed the ‘Streetwear’ Label and Preserve Its Uniqueness
As he prepares to show his Spring/Summer 2016 collection, Pigalle designer Stephane Ashpool discusses his recent ANDAM nomination and the future of the business.
How Pigalle Plans to Shed the ‘Streetwear’ Label and Preserve Its Uniqueness
As he prepares to show his Spring/Summer 2016 collection, Pigalle designer Stephane Ashpool discusses his recent ANDAM nomination and the future of the business.
News & Analysis
Adidas Looks to Football and Running Shoes for Growth
Adidas plans to double sales of running shoes and increase its Originals streetwear revenue by 50 percent through 2020, the company said at an investor presentation.
Adidas Looks to Football and Running Shoes for Growth
Adidas plans to double sales of running shoes and increase its Originals streetwear revenue by 50 percent through 2020, the company said at an investor presentation.
News & Analysis
Is Nike the Unidentified Company in the FIFA Bribery Case?
The indictment of FIFA officials by a US grand jury says an unidentified sportswear company bribed a Brazilian soccer official for a sponsorship deal — a deal which seems to mirror one obtained by Nike Inc.
Is Nike the Unidentified Company in the FIFA Bribery Case?
The indictment of FIFA officials by a US grand jury says an unidentified sportswear company bribed a Brazilian soccer official for a sponsorship deal — a deal which seems to mirror one obtained by Nike Inc.
Financial Markets
Adidas Under Fire From Investors Despite Strong Quarter
Adidas shareholders took aim at the management of the German sportswear company on Thursday, not convinced a new strategy would be enough to challenge the dominance of rival Nike.
Adidas Under Fire From Investors Despite Strong Quarter
Adidas shareholders took aim at the management of the German sportswear company on Thursday, not convinced a new strategy would be enough to challenge the dominance of rival Nike.
Marketing
North Face Looks to Training Gear to Boost Sales Beyond Winter
The North Face, whose jackets are ubiquitous on ski slopes and climbing expeditions, is making its biggest push yet to get consumers to wear its gear in the gym.
North Face Looks to Training Gear to Boost Sales Beyond Winter
The North Face, whose jackets are ubiquitous on ski slopes and climbing expeditions, is making its biggest push yet to get consumers to wear its gear in the gym.
Technology
Jawbone Launches New UP4 Band Amid Lawsuits and Shipping Delays
Just as the Apple Watch arrives to take over many of the functions of a fitness band, Jawbone has announced a new line of bracelets with payment features just like an Apple product.
Jawbone Launches New UP4 Band Amid Lawsuits and Shipping Delays
Just as the Apple Watch arrives to take over many of the functions of a fitness band, Jawbone has announced a new line of bracelets with payment features just like an Apple product.
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.