The jeweller is struggling after new lines failed to entice shoppers, but is buying back older ranges from franchises and slimming down collections to try to improve its performance.
The jeweller is struggling after new lines failed to entice shoppers, but is buying back older ranges from franchises and slimming down collections to try to improve its performance.
Following poor results in key markets and waning favour from investors, the danish jewellery company has signed a contract with film production company Warner Bros. as part of its two-year restructuring plan.
Following poor results in key markets and waning favour from investors, the danish jewellery company has signed a contract with film production company Warner Bros. as part of its two-year restructuring plan.
As demand for diamond jewellery is stagnant and high stocks of polished gems cuts margins, De Beers has told customers they can refuse to buy stones that are smaller than three-quarters of a carat.
As demand for diamond jewellery is stagnant and high stocks of polished gems cuts margins, De Beers has told customers they can refuse to buy stones that are smaller than three-quarters of a carat.
The deal, whose financial terms were not disclosed, follows Galeries Lafayette's 2012 acquisition of French jeweller Guerin.
The deal, whose financial terms were not disclosed, follows Galeries Lafayette's 2012 acquisition of French jeweller Guerin.
Major fashion brands see growing opportunity in the high-stakes business of haute joaillerie.
Major fashion brands see growing opportunity in the high-stakes business of haute joaillerie.
Diamond miners are facing a mini crisis as demand remains weak, while supply, especially for smaller and cheaper stones, is abundant.
Diamond miners are facing a mini crisis as demand remains weak, while supply, especially for smaller and cheaper stones, is abundant.
The luxury jeweller's sales continued to fall as a trade war escalates between the two countries.
The luxury jeweller's sales continued to fall as a trade war escalates between the two countries.
Growing tensions between the US and China have taken a toll on the jewellery maker, with Chinese tourists spending less and the threat of higher trade tariffs looming.
Growing tensions between the US and China have taken a toll on the jewellery maker, with Chinese tourists spending less and the threat of higher trade tariffs looming.
The French luxury group quietly added to its existing investment in the Italian fine jewellery brand last year, supporting international expansion.
The French luxury group quietly added to its existing investment in the Italian fine jewellery brand last year, supporting international expansion.
The world's most prolific jewellery maker is trying to hit the reset button after a rough two years.
The world's most prolific jewellery maker is trying to hit the reset button after a rough two years.
With revenues of £746 million, the IPO could value the company at up to £1 billion.
With revenues of £746 million, the IPO could value the company at up to £1 billion.
The world’s biggest diamond company said poor demand for stones valued at less than $100 a carat has been due to a surfeit of supply, currency weakness in India and difficulty for gem cutter's seeking finance.
The world’s biggest diamond company said poor demand for stones valued at less than $100 a carat has been due to a surfeit of supply, currency weakness in India and difficulty for gem cutter's seeking finance.
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.
French newspaper Le Monde published a six-part series last week on the tycoon, including alleged tensions among his family members driven by succession.
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.