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.
world-cup
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News & Analysis
Adidas and the World Cup: Mass Appeal or Awkward Deal?
With this year’s FIFA World Cup embroiled in controversy, official brand partner Adidas is treading a fine line between Russian support and international scrutiny.
Adidas and the World Cup: Mass Appeal or Awkward Deal?
With this year’s FIFA World Cup embroiled in controversy, official brand partner Adidas is treading a fine line between Russian support and international scrutiny.
News & Analysis
Adidas Expects Record World Cup Jersey Sales
The German sportswear firm expects more than 8 million jerseys sold in 2018.
Adidas Expects Record World Cup Jersey Sales
The German sportswear firm expects more than 8 million jerseys sold in 2018.
News & Analysis
Adidas Takes Lead Over Nike in World Cup Shirt Deals
Adidas — also the official sponsor of the tournament — is kitting out the most teams for this year's World Cup, which takes place in Russia.
Adidas Takes Lead Over Nike in World Cup Shirt Deals
Adidas — also the official sponsor of the tournament — is kitting out the most teams for this year's World Cup, which takes place in Russia.
News & Analysis
Adidas Wins World Cup Race, but Nike Kicks Back at Ground Level
Adidas has managed to kick Nike out of the top spot where it really matters: in sales to consumers who play for fun.
Adidas Wins World Cup Race, but Nike Kicks Back at Ground Level
Adidas has managed to kick Nike out of the top spot where it really matters: in sales to consumers who play for fun.
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China
Wanda Says More Chinese Companies Likely to Become FIFA Sponsors
China’s richest man said more Chinese companies are likely to join his Dalian Wanda Group Co. in becoming top FIFA sponsors and help the country’s chances to host the World Cup for the first time.
Wanda Says More Chinese Companies Likely to Become FIFA Sponsors
China’s richest man said more Chinese companies are likely to join his Dalian Wanda Group Co. in becoming top FIFA sponsors and help the country’s chances to host the World Cup for the first time.
News & Analysis
Nike Cooperating in US FIFA Investigation of Brazil Claims
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
Nike Cooperating in US FIFA Investigation of Brazil Claims
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
Financial Markets
Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup
Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.
Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup
Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.
News & Analysis
Nike Is Finally Selling US Women's Soccer Team Jerseys to Men
Women are now in the driver's seat in the sports apparel market.
Nike Is Finally Selling US Women's Soccer Team Jerseys to Men
Women are now in the driver's seat in the sports apparel market.
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.