Anglo American on Thursday said its De Beers subsidiary was investing in a $468 million new offshore diamond mining ship off the coast of Namibia, with the capacity to add 500,000 carats of annual production from 2022.
Pinterest Inc on Thursday forecast 2019 revenue broadly in line with Wall Street targets, disappointing investors who had expected more from the freshly public, high flying stock, and sending its shares down 16 percent.
The brand came out on top at the event for a second consecutive year, according to Launchmetrics’ Met Gala Social Media Report, a victory led once again by the influencer powerhouse that is the Kardashian-Jenner clan.
Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs, as the food group shifts its portfolio in response to changing consumer demands.
Four years after the event’s launch, the schedule for New York’s standalone menswear fashion week’s upcoming spring season has revealed a severely reduced line-up, clearly impacted by calendar shifts and lost funding.
Consumer bodies from Belgium, France, Italy, the Netherlands, Portugal and Spain on Friday urged their national consumer protection agencies to act against Alibaba's online portal for allegedly setting unfair terms.
Executives from major global retailers played down the threat to employment in stores from artificial intelligence and automation on Thursday and pledged more training to help staff adopt more high-value tasks.
Ralph Lauren CEO Patrice Louvet highlighted both physical and digital retail, and outlined the company's projects in comments given to analysts following the publication of the group's full-year 2019 results on Tuesday.
EssilorLuxottica's shareholders have rejected the appointment of two new independent directors to the board of the Franco-Italian eyewear group, raising fresh doubts over whether a management crisis has been resolved.
Pure London has teamed up with industry recognised colour authority Pantone Color Institute to give visitors the opportunity to learn more about the overarching theme that links its SS20 colour forecasts: The Sea.