With more and more fashion houses going fur-free, San Francisco banning fur sales in the city and British MPs considering outlawing all imports of pelts after Brexit, the signs do not seem good for the fur sector.
Goop has announced plans to expand globally with $50 million raised in Series C funding. Despite the fact that, until December, the site only shipped in the US, 35% of Goop's consumers are currently from other countries.
The Swedish company has reported 3.4 billion euros worth of apparel stocks, a volume which has risen 7% in the last year. As a number of media outlets highlight the problem, H&M continues to announce markdowns.
The report underscores the group's ambition to become one of the industry's sustainability leaders in wood-based cellulosic fibers. By 2022, the intention is to significantly reduce specific emissions.
U.S. President Donald Trump said on Thursday he will suspend duty-free treatment of clothing imports from Rwanda because the African country has imposed barriers to U.S. exports of used apparel and footwear.
Mongolia, supplier of about 40% of the world’s raw cashmere, hopes to boost profits in its trading of the world's most luxurious wool by opening up a new online platform for global buying via China’s Bohai exchange.
Online retailing behemoth Amazon.com Inc has cut ties with a number of Washington lobbying firms, Bloomberg reported on Friday. The changes took place about a week before Donald Trump began criticizing the e-tail giant.