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.
underwear
News & Analysis
Italy’s Billionaire Lingerie King Takes Aim at Victoria’s Secret
Sandro Veronesi, the billionaire whose Calzedonia Group sold 1.8 billion euros ($2.5 billion) worth of intimate apparel and clothing last year, is planning to challenge Victoria’s Secret by opening his first US stores.
Italy’s Billionaire Lingerie King Takes Aim at Victoria’s Secret
Sandro Veronesi, the billionaire whose Calzedonia Group sold 1.8 billion euros ($2.5 billion) worth of intimate apparel and clothing last year, is planning to challenge Victoria’s Secret by opening his first US stores.
News & Analysis
The Answer to a Shrinking US Bra Market: A Brassiere That Fits
To reignite growth, bra makers are shifting away from the push-up bras popularised by Victoria’s Secret and emphasising fit and comfort.
The Answer to a Shrinking US Bra Market: A Brassiere That Fits
To reignite growth, bra makers are shifting away from the push-up bras popularised by Victoria’s Secret and emphasising fit and comfort.
Global Markets
Inside the Economics of Your Underwear
Underwear is a $110 billion market. Which companies are most successfully getting into our bras and briefs?
Inside the Economics of Your Underwear
Underwear is a $110 billion market. Which companies are most successfully getting into our bras and briefs?
News & Analysis
Frederick’s Seeks Bankruptcy After Closing Lingerie Stores
Frederick’s of Hollywood, known for its racy women’s leisurewear, filed for bankruptcy after closing all its stores to compete online with rivals including Victoria’s Secret.
Frederick’s Seeks Bankruptcy After Closing Lingerie Stores
Frederick’s of Hollywood, known for its racy women’s leisurewear, filed for bankruptcy after closing all its stores to compete online with rivals including Victoria’s Secret.
News & Analysis
Luxury-Socks Startup Stance Raises $50M to Expand Into Underwear
"A Southern California startup selling luxury socks has raised backing from private investors to expand into an enticing, but hard-to-win sector:
Luxury-Socks Startup Stance Raises $50M to Expand Into Underwear
"A Southern California startup selling luxury socks has raised backing from private investors to expand into an enticing, but hard-to-win sector:
News & Analysis
Underwear Startups Have Investors Hot and Bothered
"After taking the runway at New York Fashion Week, fashion tech is making a play for the bedroom."
Underwear Startups Have Investors Hot and Bothered
"After taking the runway at New York Fashion Week, fashion tech is making a play for the bedroom."
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.