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.
Executive Briefings
Executive Briefings
The Executive Briefing: Saks in Crisis; The Battle for Lululemon; A Holiday Shopping Miracle
America’s largest department store operator is on the brink, Lululemon’s founder is making moves and GLP-1 pills promise to shake up fashion this year. Read on for your concise breakdown of November’s key developments from executive editor Brian Baskin.
The Executive Briefing: Saks in Crisis; The Battle for Lululemon; A Holiday Shopping Miracle
America’s largest department store operator is on the brink, Lululemon’s founder is making moves and GLP-1 pills promise to shake up fashion this year. Read on for your concise breakdown of November’s key developments from executive editor Brian Baskin.
Executive Briefings
The Executive Briefing: Tariffs on Borrowed Time; Confronting Luxury’s Pricing Problem
The Supreme Court seems poised to strike down Trump’s tariffs. Meanwhile, labels consider how to win back aspirational consumers, and the AI revolution marches on. Read on for your concise breakdown of November’s key developments from executive editor Brian Baskin.
The Executive Briefing: Tariffs on Borrowed Time; Confronting Luxury’s Pricing Problem
The Supreme Court seems poised to strike down Trump’s tariffs. Meanwhile, labels consider how to win back aspirational consumers, and the AI revolution marches on. Read on for your concise breakdown of November’s key developments from executive editor Brian Baskin.
Executive Briefings
The Executive Briefing: Luxury’s Great Reset; ShopMy’s $1.5 Billion Valuation; A Big Trade Deal
The big designer debuts were staged in Milan and Paris to (mostly) positive reviews. Meanwhile, an affiliate links platform is fashion’s latest unicorn, and trade relations between the US and China begin to thaw. Read on for your concise breakdown of October’s key developments from executive editor Brian Baskin.
The Executive Briefing: Luxury’s Great Reset; ShopMy’s $1.5 Billion Valuation; A Big Trade Deal
The big designer debuts were staged in Milan and Paris to (mostly) positive reviews. Meanwhile, an affiliate links platform is fashion’s latest unicorn, and trade relations between the US and China begin to thaw. Read on for your concise breakdown of October’s key developments from executive editor Brian Baskin.
Executive Briefings
The Executive Briefing: NikeSkims Launches; TikTok’s Future; Brick-and-Mortar Is Back
NikeSkims and Demna made splashy debuts, and a deal to save TikTok may be in sight. Read on for your concise breakdown of September’s key developments from executive editor Brian Baskin.
The Executive Briefing: NikeSkims Launches; TikTok’s Future; Brick-and-Mortar Is Back
NikeSkims and Demna made splashy debuts, and a deal to save TikTok may be in sight. Read on for your concise breakdown of September’s key developments from executive editor Brian Baskin.
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Executive Briefings
The Executive Briefing: Why US Shoppers Are So Angry; Fashion’s Sports Obsession; An AI Bubble?
The fashion industry is searching for ways to speak to a consumer mindset that’s growing more pessimistic and frugal by the day. The answer? Sports, mid-priced handbags and artificial intelligence. Read on for your concise breakdown of August’s key developments from executive editor Brian Baskin.
The Executive Briefing: Why US Shoppers Are So Angry; Fashion’s Sports Obsession; An AI Bubble?
The fashion industry is searching for ways to speak to a consumer mindset that’s growing more pessimistic and frugal by the day. The answer? Sports, mid-priced handbags and artificial intelligence. Read on for your concise breakdown of August’s key developments from executive editor Brian Baskin.
Executive Briefings
The Executive Briefing: Luxury’s Deepening Crisis; Dopamine Culture, Explained; Rise of the AI Agents
Luxury fashion’s woes keep piling up, and the effects of the attention economy bears much of the blame. Plus, brands prepare for an onslaught of AI shopping assistants and the fragrance boom rolls on. Read on for your concise breakdown of July’s key developments from executive editor Brian Baskin.
The Executive Briefing: Luxury’s Deepening Crisis; Dopamine Culture, Explained; Rise of the AI Agents
Luxury fashion’s woes keep piling up, and the effects of the attention economy bears much of the blame. Plus, brands prepare for an onslaught of AI shopping assistants and the fragrance boom rolls on. Read on for your concise breakdown of July’s key developments from executive editor Brian Baskin.
Executive Briefings
The Executive Briefing: Iran, C-Suite Shakeups and the AI Ad Revolution
Last month, the fashion industry was jolted by rising geopolitical tensions, unexpected boardroom moves, and more. Read on for your concise breakdown of June’s key developments from executive editor Brian Baskin.
The Executive Briefing: Iran, C-Suite Shakeups and the AI Ad Revolution
Last month, the fashion industry was jolted by rising geopolitical tensions, unexpected boardroom moves, and more. Read on for your concise breakdown of June’s key developments from executive editor Brian Baskin.
Executive Briefings
The Executive Briefing: Gen-Z Blues, Quiet Sustainability and One Big Sneaker Deal
This month, amid a lull in Trump’s trade war, two giant sneaker retailers merged, beauty’s Gen-Z strategy showed its age and fashion updated its sustainability pitch. Read on for your concise breakdown of May’s key developments from executive editor Brian Baskin.
The Executive Briefing: Gen-Z Blues, Quiet Sustainability and One Big Sneaker Deal
This month, amid a lull in Trump’s trade war, two giant sneaker retailers merged, beauty’s Gen-Z strategy showed its age and fashion updated its sustainability pitch. Read on for your concise breakdown of May’s key developments from executive editor Brian Baskin.
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Executive Briefings
The Executive Briefing: Blowing Up the Online Ad Market
This month, US antitrust actions against Google and Meta threatened to upend fashion marketing, even as ‘Liberation Day’ tariffs jolted the industry’s supply chains. Read on for your concise breakdown of April’s key developments from executive editor Brian Baskin.
The Executive Briefing: Blowing Up the Online Ad Market
This month, US antitrust actions against Google and Meta threatened to upend fashion marketing, even as ‘Liberation Day’ tariffs jolted the industry’s supply chains. Read on for your concise breakdown of April’s key developments from executive editor Brian Baskin.
Executive Briefings
The Executive Briefing: Reading the Tariff Tea Leaves
This month, ominous trade signals and dismal luxury sales made for a bleak present, while designer appointments and AI innovations pointed towards the future. Read on for your concise breakdown of March’s key developments from executive editor Brian Baskin.
The Executive Briefing: Reading the Tariff Tea Leaves
This month, ominous trade signals and dismal luxury sales made for a bleak present, while designer appointments and AI innovations pointed towards the future. Read on for your concise breakdown of March’s key developments from executive editor Brian Baskin.
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.