There’s more to going green than saving water. And it requires a holistic approach to sustainable innovation.
That’s according to Marco Lucietti, global marketing director at Turkish denim manufacturer Isko, speaking Thursday at the fifth edition of the Copenhagen Fashion Summit. The annual event, organized by the Global Fashion Agenda under the patronage of Crown Princess Mary of Denmark, was themed “commitment to change.” But as Lucietti stressed, that commitment has to be woven into a company’s DNA if it’s going to move the needle.
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This isn’t your parent’s polyester - the scratchy fabric of yesteryear with a low-level environmental standing has evolved into a higher-functioning fiber often derived from recycled material.Read more
Inflation increased in April compared to a year ago, buoyed by increases in energy, food, shelter, transportation services and healthcare. Apparel prices rose negligibly.Read more
Retail sales surged in April, recovering from a dip in May and defying both Brexit uncertainty and inflation, but a report shows the divorce with the EU is weighing on consumers' minds.Read more
As the saying goes, necessity is the mother of invention. And these days retailers really need to find new lifelines. The result is international expansion, an off-price acquisition and a play for corporate customers.Read more
The European Commission, the legislative body of the European Union, has granted GSP Plus status to Sri Lanka, giving the country access to the EU market under the special scheme starting Friday.Read more
Ralph Lauren hired former P&G executive Patrice Louvet as its new CEO and president, while Burberry announces a new CEO as Christopher Bailey gives up the role to focus on the label's design.Read more