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.
leadership
Workplace & Talent
Power Moves | Estée Lauder Names New China, North America Leads; Neiman Marcus Boosts Executive Ranks
Estée Lauder named Mark Loomis president for North America and Joy Fan head of China, while Neiman Marcus Group announced three new senior hires.
Power Moves | Estée Lauder Names New China, North America Leads; Neiman Marcus Boosts Executive Ranks
Estée Lauder named Mark Loomis president for North America and Joy Fan head of China, while Neiman Marcus Group announced three new senior hires.
Workplace & Talent
The Chief Supply Chain Officer is the New C-Suite Star
Big brands are beefing up their executive ranks with experts who can ensure increasingly complex supply chains operate smoothly and sustainably.
The Chief Supply Chain Officer is the New C-Suite Star
Big brands are beefing up their executive ranks with experts who can ensure increasingly complex supply chains operate smoothly and sustainably.
Workplace & Talent
Power Moves | Bottega Veneta’s New Creative Director; Versace’s Interim CEO
Mattheiu Blazy will succeed Daniel Lee, and Cedric Wilmote will helm Versace as it searches for Jonathan Akeroyd’s permanent successor.
Power Moves | Bottega Veneta’s New Creative Director; Versace’s Interim CEO
Mattheiu Blazy will succeed Daniel Lee, and Cedric Wilmote will helm Versace as it searches for Jonathan Akeroyd’s permanent successor.
Workplace & Talent
Why Jewellery’s Diversity Problem Is So Hard to Fix
The industry is reckoning with a lack of opportunities for Black designers. But change comes slow in a world where money and connections often determine who has access to precious stones.
Why Jewellery’s Diversity Problem Is So Hard to Fix
The industry is reckoning with a lack of opportunities for Black designers. But change comes slow in a world where money and connections often determine who has access to precious stones.
Workplace & Talent
Is Fashion Ready for a 4-Day Work Week?
Employee demands for unconventional schedules are here to stay and companies will need to think outside the box to make them work.
Is Fashion Ready for a 4-Day Work Week?
Employee demands for unconventional schedules are here to stay and companies will need to think outside the box to make them work.
Workplace & Talent
Solving Retail’s Labour Shortage
As companies from Macy’s to Target scramble to hire thousands of workers for a holiday shopping boom, they’ll need to figure out how to strike the right balance between pay and perks.
Solving Retail’s Labour Shortage
As companies from Macy’s to Target scramble to hire thousands of workers for a holiday shopping boom, they’ll need to figure out how to strike the right balance between pay and perks.
Workplace & Talent
Why LVMH Is On a Gen-Z Hiring Spree
The French luxury conglomerate’s youth-focused recruitment plan underscores fashion’s need to build stronger more diverse talent pipelines.
Why LVMH Is On a Gen-Z Hiring Spree
The French luxury conglomerate’s youth-focused recruitment plan underscores fashion’s need to build stronger more diverse talent pipelines.
Fashion Week
At Fashion Week, Signs of Stalled Progress on Diversity
Some Black creatives say they’re worried the industry is already moving on from its recent focus on racial injustice, leaving them to carry the load.
At Fashion Week, Signs of Stalled Progress on Diversity
Some Black creatives say they’re worried the industry is already moving on from its recent focus on racial injustice, leaving them to carry the load.
Luxury
Valentino Flags Couture Ambitions, Recovery From Coronavirus Slump
In his first press conference since joining the brand, chief executive Jacopo Venturini said a new merchandising strategy and upmarket repositioning have helped sales get almost back to 2019 levels.
Valentino Flags Couture Ambitions, Recovery From Coronavirus Slump
In his first press conference since joining the brand, chief executive Jacopo Venturini said a new merchandising strategy and upmarket repositioning have helped sales get almost back to 2019 levels.
Workplace & Talent
Can Fashion Compete with Tech for Executive Talent?
With some of the industry’s top executives flocking to tech giants like Google and Slack, it’s going to take more than a sleek office and brand cache to bring them back.
Can Fashion Compete with Tech for Executive Talent?
With some of the industry’s top executives flocking to tech giants like Google and Slack, it’s going to take more than a sleek office and brand cache to bring them back.
Luxury
The Breakthrough Designer Rebooting Diesel
Glenn Martens speaks exclusively to Tim Blanks about re-energising the Italian denim brand, designing for his own label Y/Project and pushing people to rethink fashion.
The Breakthrough Designer Rebooting Diesel
Glenn Martens speaks exclusively to Tim Blanks about re-energising the Italian denim brand, designing for his own label Y/Project and pushing people to rethink fashion.
Luxury
LVMH’s Landmark Virgil Abloh Alliance, Explained
This week, LVMH bought a majority stake in the Off-White trademark from Virgil Abloh in a deal designed to tie the polymathic creative director to the group long-term.
LVMH’s Landmark Virgil Abloh Alliance, Explained
This week, LVMH bought a majority stake in the Off-White trademark from Virgil Abloh in a deal designed to tie the polymathic creative director to the group long-term.
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.