L’Oréal Strengthens Skincare Portfolio with Acquisition of Medik8 In a strategic move to expand its skincare portfolio, the world-renowned beauty giant L’Oréal has recently announced its acquisition of a majority stake in the British premium skincare brand, Medik8. The English brand has made a name for itself in the beauty industry for its innovative and […]
Gucci Owner Kering in Talks to Sell Stake in $1 Billion Fifth Avenue Property, Sources Say
Gucci Owner Kering Considers Selling Stake in $1 Billion Fifth Avenue Property The Italian luxury conglomerate, Kering, known for its high-end fashion brands such as Gucci and Saint Laurent, is making waves in the business world once again. According to sources, Kering is in talks to sell a stake in a prestigious Fifth Avenue building […]
Op-Ed | Dear Fashion CEOs, Stop Undermining Climate Action
Op-Ed | Dear Fashion CEOs, Stop Undermining Climate Action The fashion industry has long been associated with glamour, creativity, and innovation. However, behind the scenes, there is a darker reality that many CEOs of fashion brands seem reluctant to address – the industry’s significant contribution to climate change. While some companies have set ambitious emissions […]
Driving a more sustainable dairy industry in Europe
Driving a More Sustainable Dairy Industry in Europe The European dairy industry is experiencing a significant shift towards sustainability, with a strong focus on environmental, social, and economic aspects. This transformation is largely fueled by The UN’s Sustainable Development Goals, which have set a global agenda to achieve a better and more sustainable future for […]
Bath & Body Works Forecasts Slight Growth After 2024 Sales Dip
Bath & Body Works Forecasts Slight Growth After 2024 Sales Dip Bath & Body Works, a renowned mass fragrance chain, faced a slight setback in 2024 as its net sales experienced a nearly 2 percent decline. However, the company swiftly bounced back in 2025, surpassing first-quarter profit projections. This success can be attributed to robust […]
LVMH Has Room to Raise Prices 2-3%, LVMH Deputy CEO Says
LVMH Has Room to Raise Prices 2-3%, LVMH Deputy CEO Says In the dynamic world of luxury goods, pricing strategies play a crucial role in maintaining brand exclusivity and driving profitability. Recently, Deputy CEO Stephane Bianchi of LVMH, the renowned luxury conglomerate, made an intriguing statement regarding the company’s pricing power. Bianchi expressed confidence that […]
Certifying sustainability: BioReCer’s impact on bio-based materials
Certifying Sustainability: BioReCer’s Impact on Bio-Based Materials Martin Clemesha of Braskem sheds light on the profound influence that BioReCer’s certification guidelines have on bio-based materials. The certification process plays a crucial role in ensuring sustainability and promoting eco-friendly practices within the bio-based materials industry. By adhering to BioReCer’s standards, companies can demonstrate their commitment to […]
Retail’s Looming Inventory Problem
Retail’s Looming Inventory Problem Amid tariff whiplash, retailers are scrambling to balance demand with delayed shipments. Too much stock — or too little — could spell disaster for fall and holiday collections. The retail industry is facing a significant challenge as it navigates the complexities of supply chain disruptions, fluctuating consumer demand, and the lingering […]
Tariffs Won’t Kill Fast Fashion, But They Might Kill Sustainable Fashion
Tariffs Won’t Kill Fast Fashion, But They Might Kill Sustainable Fashion In recent years, the fashion industry has been undergoing a transformation. With sustainability and ethical practices at the forefront of many brands’ agendas, there has been a notable shift towards a more conscious way of producing and consuming fashion. However, with America’s escalating trade […]
US scientists’ next-gen EV battery breakthrough eliminates ‘forever chemicals’ use
US Scientists’ Breakthrough: Next-Gen EV Battery Innovation Eliminates ‘Forever Chemicals’ Researchers at the University of Chicago Pritzker School of Molecular Engineering (UChicago PME) have developed a groundbreaking advancement in the realm of electric vehicle (EV) batteries. This innovation not only propels the efficiency and performance of EVs but also addresses a critical environmental concern by […]