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
Marketing
Alexander Wang Responds to Sexual Misconduct Accusations: ‘I Will Do Better’
The designer previously called the growing number of allegations ‘false, fabricated and mostly anonymous.’ Lisa Bloom, who represents 10 accusers, said her clients “are moving forward.”
Alexander Wang Responds to Sexual Misconduct Accusations: ‘I Will Do Better’
The designer previously called the growing number of allegations ‘false, fabricated and mostly anonymous.’ Lisa Bloom, who represents 10 accusers, said her clients “are moving forward.”
Luxury
Inside Gabriela Hearst’s New Chloé
The eco-minded entrepreneur and freshly installed Chloé designer talks to Tim Blanks about her creative vision for the French house.
Inside Gabriela Hearst’s New Chloé
The eco-minded entrepreneur and freshly installed Chloé designer talks to Tim Blanks about her creative vision for the French house.
Media
Condé Nast Can Learn From Netflix
In a global world where local tastes still matter, the publisher of Vogue should be careful not to dictate too much of its content strategy from New York and London.
Condé Nast Can Learn From Netflix
In a global world where local tastes still matter, the publisher of Vogue should be careful not to dictate too much of its content strategy from New York and London.
Retail
Amazon Fashion After Jeff Bezos
This week, Amazon founder Jeff Bezos said he would step down as chief executive, passing the baton to top lieutenant Andy Jassy. What does the internet giant’s new CEO mean for its fashion strategy?
Amazon Fashion After Jeff Bezos
This week, Amazon founder Jeff Bezos said he would step down as chief executive, passing the baton to top lieutenant Andy Jassy. What does the internet giant’s new CEO mean for its fashion strategy?
Luxury
Louis Vuitton’s CEO on Navigating the Pandemic and the Future of Luxury
The French megabrand was hit hard by the pandemic. But Chief Executive Michael Burke led Louis Vuitton to a healthy rebound by engaging local clients and driving sales online. Now, the executive is calling for a return to the original values of luxury.
Louis Vuitton’s CEO on Navigating the Pandemic and the Future of Luxury
The French megabrand was hit hard by the pandemic. But Chief Executive Michael Burke led Louis Vuitton to a healthy rebound by engaging local clients and driving sales online. Now, the executive is calling for a return to the original values of luxury.
Retail
YNAP Replaces CEO Marchetti, Buying Director Heads to Rival
An internal hire from owner Richemont will take the reins at YNAP, as buying director Elizabeth von der Goltz joins a recent talent exodus.
YNAP Replaces CEO Marchetti, Buying Director Heads to Rival
An internal hire from owner Richemont will take the reins at YNAP, as buying director Elizabeth von der Goltz joins a recent talent exodus.
Retail
Can New Leadership Save Victoria’s Secret?
The ailing lingerie brand has beat analyst’s expectations this year. But it’s betting on an executive overhaul to help it finally pull off a turnaround.
Can New Leadership Save Victoria’s Secret?
The ailing lingerie brand has beat analyst’s expectations this year. But it’s betting on an executive overhaul to help it finally pull off a turnaround.
Retail
Struggling J. Crew Replaces Another CEO
Jan Singer, who only joined the ailing retailer in February, will be succeeded by Madewell chief executive Libby Wadle.
Struggling J. Crew Replaces Another CEO
Jan Singer, who only joined the ailing retailer in February, will be succeeded by Madewell chief executive Libby Wadle.
Luxury
François-Henri Pinault Announces Pay Cut
The chairman and CEO of Kering's fixed salary will be cut by 25 percent until the end of 2020.
François-Henri Pinault Announces Pay Cut
The chairman and CEO of Kering's fixed salary will be cut by 25 percent until the end of 2020.
Workplace & Talent
Uniqlo Founder Resigns as SoftBank Board Member
Uniqlo founder Tadashi Yanai will step down from SoftBank's board at the end of this month.
Uniqlo Founder Resigns as SoftBank Board Member
Uniqlo founder Tadashi Yanai will step down from SoftBank's board at the end of this month.
Media
Op-Ed | The End of Fashion Establishment Gatekeepers
A top tier of editors, photographers, stylists and buyers once decided which designers and which trends would dictate a season. But that validation no longer carries the same weight with customers.
Op-Ed | The End of Fashion Establishment Gatekeepers
A top tier of editors, photographers, stylists and buyers once decided which designers and which trends would dictate a season. But that validation no longer carries the same weight with customers.
Workplace & Talent
Gap Inc. Chief Executive Art Peck Exits
Robert J. Fisher, Gap Inc.'s non-executive chairman of the board, will replace Peck as interim CEO and president.
Gap Inc. Chief Executive Art Peck Exits
Robert J. Fisher, Gap Inc.'s non-executive chairman of the board, will replace Peck as interim CEO and president.
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.