Italian Manufacturers Call for Transparency in Luxury Sourcing Practices Trade group Confindustria Moda has recently made a bold call to action within the luxury industry. As major brands continue to face scandals related to illegal sweatshops outside Milan, the organization is urging for a ‘concrete dialogue’ on cost targets and contract terms. This move highlights […]
Apple invests $500M to supercharge US rare earth magnet manufacturing and recycling
Apple Invests $500M to Supercharge US Rare Earth Magnet Manufacturing and Recycling Apple has announced a $500 million multi-year commitment with MP Materials, the only U.S. company that produces rare earth materials. This investment aims to supercharge the manufacturing and recycling of rare earth magnets in the United States. Rare earth magnets are crucial components […]
How Adidas Engineered Its Big Comeback
Adidas: The Remarkable Turnaround of a Sneaker Giant In the fast-paced and cutthroat world of sports fashion, few brands have experienced such a rollercoaster ride of fortunes as Adidas. Just two years ago, the company was facing a crisis after pulling the plug on its Yeezy business, a move that sent shockwaves through the industry. […]
This Week: Fashion’s Back-to-School Dilemma
This Week: Fashion’s Back-to-School Dilemma As the summer draws to a close, retailers are gearing up for the back-to-school season, a crucial time for the fashion industry. With an estimated $11 billion at stake, this period can make or break the yearly revenue for many brands and stores. However, this year presents a unique challenge […]
EU Ditches Plans for Anti-Greenwashing Rules
EU Ditches Plans for Anti-Greenwashing Rules The European Commission’s recent decision to abandon the implementation of regulations aimed at combatting greenwashing has sparked a wave of controversy and debate within the business and environmental sectors. The proposed rules would have mandated companies to provide evidence supporting their environmental claims, ensuring transparency and accountability in green […]
RSPCA applauds UK Government animal products labelling reforms in major step for animal welfare
RSPCA Applauds UK Government for Animal Products Labelling Reforms: A Win for Animal Welfare The Royal Society for the Prevention of Cruelty to Animals (RSPCA) has recently expressed its support for the UK government’s decision to implement mandatory method of production labelling on animal products. This move is being hailed as a significant advancement in […]
Navigating the future: The evolution and impact of dairy farming in New Zealand
Navigating the Future: The Evolution and Impact of Dairy Farming in New Zealand New Zealand’s dairy farming industry has long been a cornerstone of the country’s economy, contributing significantly to its GDP and playing a vital role in global food production. However, as the world faces increasing environmental challenges and the call for sustainable practices […]
Report: Shein and Reliance Doubling Down on India-made Fashion
Shein and Reliance Doubling Down on India-made Fashion: A Strategic Move Towards Global Expansion In the ever-evolving world of fast fashion, Shein and Reliance Retail are making strategic moves to solidify their presence in the market. The ultra-fast fashion giant, Shein, known for its trendy and affordable clothing, is teaming up with Reliance Retail to […]
H&M Billionaire Quietly Moves Retailer Toward Private Ownership
H&M Billionaire Quietly Moves Retailer Toward Private Ownership The Persson family, renowned founders of the global fashion giant H&M, have recently set the business world abuzz with their strategic maneuvers. Despite official statements denying any plans for change, the family’s increasing stake in the company has sparked intense speculation about a potential shift towards taking […]
Better Cotton Appoints Nick Weatherill CEO
Better Cotton Appoints Nick Weatherill CEO Better Cotton, a leading sustainable cotton initiative, has recently announced the appointment of Nick Weatherill as its new CEO. Weatherill, the former executive director of the International Cocoa Initiative, is set to take over from Alan McClay, who has successfully led the organization for the past decade. Weatherill brings […]