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.
sports
Retail
Lululemon Results May Signal Further Squeeze for Athleisure
The last few years have seen a surge in the number of retailers offering athleisure clothes, ranging from mass-market products to $1,000 leggings.
Lululemon Results May Signal Further Squeeze for Athleisure
The last few years have seen a surge in the number of retailers offering athleisure clothes, ranging from mass-market products to $1,000 leggings.
Global Markets
Inside India's Booming Sportswear Market
With gym culture sweeping the nation and beauty ideals changing fast, international sportswear giants and local players are gearing up for India’s biggest fitness boom to date.
Inside India's Booming Sportswear Market
With gym culture sweeping the nation and beauty ideals changing fast, international sportswear giants and local players are gearing up for India’s biggest fitness boom to date.
News & Analysis
Super Bowl Sunday Was a Breakthrough Moment for Companies Opposing Trump
"Advertisements celebrating immigrants and a fiery amicus brief were the latest in a series of humbling setbacks for the Trump administration."
Super Bowl Sunday Was a Breakthrough Moment for Companies Opposing Trump
"Advertisements celebrating immigrants and a fiery amicus brief were the latest in a series of humbling setbacks for the Trump administration."
News & Analysis
Escapism Reigns In Super Bowl Commercials, but Politics Proves Inescapable
"Advertisers were willing to pay, on average, about $5 million for 30-second spots during the Super Bowl — and even more in promotional costs to
Escapism Reigns In Super Bowl Commercials, but Politics Proves Inescapable
"Advertisers were willing to pay, on average, about $5 million for 30-second spots during the Super Bowl — and even more in promotional costs to
News & Analysis
Europe’s Weak Economy Is ‘Core Worry’ for Adidas Chief
Rorsted’s concern contrasts with recent signs that the euro area may be set for a pick-up in economic momentum.
Europe’s Weak Economy Is ‘Core Worry’ for Adidas Chief
Rorsted’s concern contrasts with recent signs that the euro area may be set for a pick-up in economic momentum.
News & Analysis
Abramovich’s Chelsea Paid $81.5 Million to Terminate Adidas Deal
Chelsea last year broke the contract with Adidas six years early to sign a 15-year, £900 million deal with Nike, which begins next season.
Abramovich’s Chelsea Paid $81.5 Million to Terminate Adidas Deal
Chelsea last year broke the contract with Adidas six years early to sign a 15-year, £900 million deal with Nike, which begins next season.
Technology
Nike Doubles Down in Its Battle for the CrossFit Crowd
In an admittedly small survey of CrossFit classes, some 58 percent of participants were wearing sneakers made by Nike Inc.
Nike Doubles Down in Its Battle for the CrossFit Crowd
In an admittedly small survey of CrossFit classes, some 58 percent of participants were wearing sneakers made by Nike Inc.
News & Analysis
Under Armour Inks Deal to Place Logo on Front of MLB Jerseys
Under Armour Inc. struck another blow in the fight for exposure by inking a sponsorship deal with Major League Baseball that will put its logo on the chest of every jersey.
Under Armour Inks Deal to Place Logo on Front of MLB Jerseys
Under Armour Inc. struck another blow in the fight for exposure by inking a sponsorship deal with Major League Baseball that will put its logo on the chest of every jersey.
News & Analysis
Barcelona Signs Up Rakuten in $235 Million Soccer Jersey Deal
Japanese e-commerce giant Rakuten Inc. is paying €220 million ($235.4 million) to emblazon its logo on the FC Barcelona soccer team’s jerseys for four years.
Barcelona Signs Up Rakuten in $235 Million Soccer Jersey Deal
Japanese e-commerce giant Rakuten Inc. is paying €220 million ($235.4 million) to emblazon its logo on the FC Barcelona soccer team’s jerseys for four years.
News & Analysis
The Elder Statesman Partners with NBA
As the relationship between fashion and basketball deepens, the collaboration marks the league’s first big push into luxury goods.
The Elder Statesman Partners with NBA
As the relationship between fashion and basketball deepens, the collaboration marks the league’s first big push into luxury goods.
News & Analysis
New Adidas CEO Sets Off in Pursuit of Nike
Closing the gap on clear market leader Nike is the challenge facing new Adidas boss Kasper Rorsted when the Dane takes charge of the world's second biggest sportswear brand from the start of October.
New Adidas CEO Sets Off in Pursuit of Nike
Closing the gap on clear market leader Nike is the challenge facing new Adidas boss Kasper Rorsted when the Dane takes charge of the world's second biggest sportswear brand from the start of October.
News & Analysis
At US Open, Japanese Companies Leave Nike, Adidas in the Dust
As the 2016 Grand Slam draws to a close, Japanese brands have far outpaced their Western competition.
At US Open, Japanese Companies Leave Nike, Adidas in the Dust
As the 2016 Grand Slam draws to a close, Japanese brands have far outpaced their Western competition.
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.