(Photo by Andreas Rentz/Getty Images for #SephoraXKaufhof) Behold the beauty aisle; prepare to put on your war paint. Once invulnerable to promotions, price cuts and similar commodity-moving tactics, the beauty category — specifically higher-priced, prestige beauty — is buckling under competitive pressure from savvy consumers finding new ways to purchase venerated brands. As a result, some Read More →

Onam shoppers throng Pazhavangadi in Thiruvananthapuram on Sunday.   | Photo Credit: S MAHINSHA While the city received a slight downpour in the early morning hours, the climate improved later on, paving for a festive mood. Onam frenzy in the State capital reached its crescendo on Uthradam day on Sunday as the traditional ‘Uthradapachil’ witnessed huge Read More →

De Beers Group wants to make sure that future generations love—and also see the value in—diamonds. And it’s willing to invest in that eventuality.   The international diamond company will put more than $140 million into its marketing efforts this year—its biggest spend in marketing since 2008, according to De Beers Group. The investment will be focused on drumming up consumer demand for diamond Read More →