Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
jewellery
Financial Markets
Chow Tai Fook Profit Slump Eases as Jeweller Gets Rental Cuts
Chow Tai Fook Jewellery Group Ltd. reported first-half profit fell 22 percent.
Chow Tai Fook Profit Slump Eases as Jeweller Gets Rental Cuts
Chow Tai Fook Jewellery Group Ltd. reported first-half profit fell 22 percent.
News & Analysis
Happy Couples Don't Buy Diamonds Like They Used To
It is still a shaky time for the diamond industry, but the ring market on eBay is up 58 percent in the last five years, and digital jewellery consignment has become more popular.
Happy Couples Don't Buy Diamonds Like They Used To
It is still a shaky time for the diamond industry, but the ring market on eBay is up 58 percent in the last five years, and digital jewellery consignment has become more popular.
News & Analysis
Blue Nile Selling to Private Firms for $500 million
The Seattle-based company is being bought for $40.75 per share by funds managed by Bain Capital Private Equity and Bow Street LLC.
Blue Nile Selling to Private Firms for $500 million
The Seattle-based company is being bought for $40.75 per share by funds managed by Bain Capital Private Equity and Bow Street LLC.
News & Analysis
Italian Watchdog Fines LVMH Exec Over Bulgari Deal
LVMH managing director Antonio Belloni was fined €350,000 for divulging confidential information to a fund manager before LVMH's acquisition of Bulgari in 2011.
Italian Watchdog Fines LVMH Exec Over Bulgari Deal
LVMH managing director Antonio Belloni was fined €350,000 for divulging confidential information to a fund manager before LVMH's acquisition of Bulgari in 2011.
Retail
BlackRock Increases Stake in World’s Biggest Jewellery Retailer
It’s been a tough year for the world’s biggest publicly traded jewellery chain. Chow Tai Fook’s same-store sales fell 20 percent, hurt by fewer mainland visitors.
BlackRock Increases Stake in World’s Biggest Jewellery Retailer
It’s been a tough year for the world’s biggest publicly traded jewellery chain. Chow Tai Fook’s same-store sales fell 20 percent, hurt by fewer mainland visitors.
News & Analysis
Blue Diamond Cartier Ring Could Fetch $25 Million at Sotheby's
The Sky Blue Diamond will be displayed in London on Thursday through Monday before a sale in Geneva on November 16.
Blue Diamond Cartier Ring Could Fetch $25 Million at Sotheby's
The Sky Blue Diamond will be displayed in London on Thursday through Monday before a sale in Geneva on November 16.
News & Analysis
Dominic Jones Resurfaces at Astley Clarke
Luxury jeweller Astley Clarke has appointed Dominic Jones as its new creative director.
Dominic Jones Resurfaces at Astley Clarke
Luxury jeweller Astley Clarke has appointed Dominic Jones as its new creative director.
News & Analysis
The Big Business Of Red Carpet Bling
"Jewellery companies of all sizes compete to get their baubles on the right celebrities at the right time — including the Emmys."
The Big Business Of Red Carpet Bling
"Jewellery companies of all sizes compete to get their baubles on the right celebrities at the right time — including the Emmys."
Luxury
Cartier’s $600,000 Watch Shows Risks of Extending Luxury Brands
Cartier's retrenchment is a cautionary tale for the industry and for businesses in general – a reminder that luxury demand is ephemeral and that stretching a brand beyond its comfort zone carries considerable risk.
Cartier’s $600,000 Watch Shows Risks of Extending Luxury Brands
Cartier's retrenchment is a cautionary tale for the industry and for businesses in general – a reminder that luxury demand is ephemeral and that stretching a brand beyond its comfort zone carries considerable risk.
News & Analysis
Tiffany Turns to the Bright, Young Things
While love is timeless, fashion can be fleeting, particularly when it come to young trendsetters.
Tiffany Turns to the Bright, Young Things
While love is timeless, fashion can be fleeting, particularly when it come to young trendsetters.
Financial Markets
Signet Misses Second Quarter Forecasts
Signet Jewellers Ltd. on Thursday reported fiscal second-quarter net income of $81.9 million.
Signet Misses Second Quarter Forecasts
Signet Jewellers Ltd. on Thursday reported fiscal second-quarter net income of $81.9 million.
Financial Markets
Tiffany Sales Miss Estimates as Global Uncertainty Hurts Demand
Tiffany & Co. posted second-quarter sales that missed analysts’ estimates as global economic uncertainty weighed on demand.
Tiffany Sales Miss Estimates as Global Uncertainty Hurts Demand
Tiffany & Co. posted second-quarter sales that missed analysts’ estimates as global economic uncertainty weighed on demand.
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
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 Lifts Outlook on Strongest Volume Growth in Over A Decade
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.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
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.
Lenzing Closes UK, Austria Sites in Turnaround Bid
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.