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.
terrorism
Latest News & Analysis
News & Analysis
Maajid Nawaz on Terrorism: 'Fear Will Breed More Fear'
Through the lens of his own harrowing journey, Maajid Nawaz spoke about the rise of terrorism, populism and a post-Trump, post-Brexit world.
Maajid Nawaz on Terrorism: 'Fear Will Breed More Fear'
Through the lens of his own harrowing journey, Maajid Nawaz spoke about the rise of terrorism, populism and a post-Trump, post-Brexit world.
News & Analysis
Fashion World Faces New Normal
How will the rise of extremism, populism and protectionism impact the fashion industry and wider business world?
Fashion World Faces New Normal
How will the rise of extremism, populism and protectionism impact the fashion industry and wider business world?
Luxury
Luxury Goods Market Hampered by Terror Threats, US Election
The terror threat in Europe, a strong dollar and uncertainty over the US presidential elections have eroded the confidence of the globe's big-spenders.
Luxury Goods Market Hampered by Terror Threats, US Election
The terror threat in Europe, a strong dollar and uncertainty over the US presidential elections have eroded the confidence of the globe's big-spenders.
News & Analysis
France Meets Muslim Leaders, Experts After Burkini Row
France's interior minister convened Muslim leaders Monday to discuss a French-style Islam that honours the nation's secular values, a task given new urgency after deep divisions surfaced over burkini bans in 30 French beach towns.
France Meets Muslim Leaders, Experts After Burkini Row
France's interior minister convened Muslim leaders Monday to discuss a French-style Islam that honours the nation's secular values, a task given new urgency after deep divisions surfaced over burkini bans in 30 French beach towns.
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News & Analysis
'Black Friday' Massacre Tears at Fabric of Bangladesh's Garment Sector
The July 1 attack has confronted the industry with its biggest image crisis since the collapse of the Rana Plaza factory building in 2013, with some fearing security worries could cripple a sector that is the lifeblood of the economy.
'Black Friday' Massacre Tears at Fabric of Bangladesh's Garment Sector
The July 1 attack has confronted the industry with its biggest image crisis since the collapse of the Rana Plaza factory building in 2013, with some fearing security worries could cripple a sector that is the lifeblood of the economy.
Luxury
In Wake of Terror Attacks, What Lies Ahead for France’s Luxury Industry?
France has been rocked by three tragic terrorism-related events in the past 18 months, raising questions about the long-term impact on France’s $18 billion fashion and luxury sector.
In Wake of Terror Attacks, What Lies Ahead for France’s Luxury Industry?
France has been rocked by three tragic terrorism-related events in the past 18 months, raising questions about the long-term impact on France’s $18 billion fashion and luxury sector.
News & Analysis
The Age of Uncertainty
From terror attacks to the threat of Brexit, shockwaves from crises on one side of the world can spread swiftly to the other. Claudia D'Arpizio does the analysis.
The Age of Uncertainty
From terror attacks to the threat of Brexit, shockwaves from crises on one side of the world can spread swiftly to the other. Claudia D'Arpizio does the analysis.
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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.