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
Marketing
How Fashion's Sustainability Targets Measure Up
After weathering the initial shock of the coronavirus crisis, many fashion companies have started to publish their sustainability goals for the next five to 10 years. But these initiatives risk falling short of an industry-wide imperative to drastically reduce environmental impact within the next decade.
How Fashion's Sustainability Targets Measure Up
After weathering the initial shock of the coronavirus crisis, many fashion companies have started to publish their sustainability goals for the next five to 10 years. But these initiatives risk falling short of an industry-wide imperative to drastically reduce environmental impact within the next decade.
Workplace & Talent
Power Moves | Nike Names New Diversity Chief
This week, Felicia Mayo, former head of diversity at Tesla, replaced Kellie Leonard in a similar role at the American sportswear giant.
Power Moves | Nike Names New Diversity Chief
This week, Felicia Mayo, former head of diversity at Tesla, replaced Kellie Leonard in a similar role at the American sportswear giant.
Financial Markets
VF Corp's Quarterly Revenue Tops Estimates
The company has ramped up efforts in reshaping its portfolio and elevating its most powerful brands like Vans, Wrangler and Timberland.
VF Corp's Quarterly Revenue Tops Estimates
The company has ramped up efforts in reshaping its portfolio and elevating its most powerful brands like Vans, Wrangler and Timberland.
Sustainability
Social Goods | Bono and Ali Hewson Back Natural Beauty, Aquazzura Suing Ivanka Trump
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
Social Goods | Bono and Ali Hewson Back Natural Beauty, Aquazzura Suing Ivanka Trump
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
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Sustainability
Social Goods | Rana Plaza Lawsuit, Met Gala Style, High Street Ethics
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
Social Goods | Rana Plaza Lawsuit, Met Gala Style, High Street Ethics
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
News & Analysis
Timberland’s Frisk Leaves to Become Aldo Group CEO
NEW YORK, United States — Patrik Frisk, head of VF Corp.'s Timberland business, is leaving the company to become chief executive officer of the shoe
Timberland’s Frisk Leaves to Become Aldo Group CEO
NEW YORK, United States — Patrik Frisk, head of VF Corp.'s Timberland business, is leaving the company to become chief executive officer of the shoe
News & Analysis
VF acquires Timberland, Wear and waste, Lululemon's momentum, Pitti Uomo presents, Alexandre Plokhov's return
Timberland to be taken over by VF Corporation in $2bn deal (Independent) "VF Corporation... said outdoor clothing was among the fastest-growing
VF acquires Timberland, Wear and waste, Lululemon's momentum, Pitti Uomo presents, Alexandre Plokhov's return
Timberland to be taken over by VF Corporation in $2bn deal (Independent) "VF Corporation... said outdoor clothing was among the fastest-growing
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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.