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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News & Analysis
Walmart Criticises India's E-Commerce Rules, Warns of Trade Impact
The American retail corporation is siding with the US government in strongly opposing India's e-commerce rules in a failed lobbying attempt.
Walmart Criticises India's E-Commerce Rules, Warns of Trade Impact
The American retail corporation is siding with the US government in strongly opposing India's e-commerce rules in a failed lobbying attempt.
News & Analysis
What’s Your 'Plan B' for Made in China?
US President Donald Trump’s tariff threats have put the importance of supply chain management into sharp focus. What are the sourcing hot spots that offer alternatives to Chinese production?
What’s Your 'Plan B' for Made in China?
US President Donald Trump’s tariff threats have put the importance of supply chain management into sharp focus. What are the sourcing hot spots that offer alternatives to Chinese production?
Global Markets
Tariffs on Mexico Will Not Derail Trade Deal, Says Trump Official
The president’s threat of a 5 percent tariff on all Mexican goods will not worsen the country's economic situation, according to White House administration.
Tariffs on Mexico Will Not Derail Trade Deal, Says Trump Official
The president’s threat of a 5 percent tariff on all Mexican goods will not worsen the country's economic situation, according to White House administration.
News & Analysis
Columbia Sportswear Is Ready to Pass Trump Tariffs on to Consumers
The Trump administration’s latest tariff proposal on goods imported from China has forced the outdoor gear and apparel maker to spend more time managing its supply chain than its sales operations.
Columbia Sportswear Is Ready to Pass Trump Tariffs on to Consumers
The Trump administration’s latest tariff proposal on goods imported from China has forced the outdoor gear and apparel maker to spend more time managing its supply chain than its sales operations.
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.