US diamond demand hit $40 billion in 2016, up 4.4 percent from the prior year and comprising half of global diamond revenues for the first time since the 1990s, with the success of marketing targeted at millennials.
Olivela.com offers women's shoes, bags and sunglasses from brands such as Givenchy, Marc Jacobs and Stella McCartney, with all sales going to help charities that improve the lives of children around the world.
Dollar Tree Inc has filed a lawsuit against Dollar Express which was unsealed on Tuesday, alleging that the latter's private equity owners siphoned off funds and failed to pay for $50 million in goods and services.
The auction of e-tail giant Shop Direct has attracted less interest than had been hoped, according to reports, but some offers are on the table with Apax Partners believed to be one of three groups to have bid.
The parent company of Donna Karan posted record first quarter sales, but also reported a net loss of $10.4 million due to operating losses and expenses related to the ownership of Donna Karan International
Macy's Inc margins could end the year as much as 80 basis points lower than in 2016, CFO Karen Hoguet warned on Tuesday in comments that sent shares of the department store chain sliding to five-year lows.
Turkish fashion retailer Mavi Giyim's majority stake will be held by the founding Akarlilar family while Turkven will have a minority stake following the company's public offering, CEO Cuneyt Yavuz said on Tuesday.