Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions....
Dek: The decision to scrap a VAT exemption for travelers to the U.K. will be felt most by the country’s luxury retailers, which are largely...
Within hours of posting slump-defying third quarter results that starkly reflected wealthy consumers’ continued insulation from the effects of inflation, French luxury giant LVMH then...
In a year where most consumers have experienced growing financial stress and had to alter their spending habits in the face of rampant inflation, the...
French luxury retailer LVMH on Tuesday (July 26) reported 21% organic sales growth in the first half of 2022, despite rising concerns about increasing inflation...
Diesel founder Renzo Rosso told Financial Times he envisions his Italian luxury fashion empire, including sister brands Jil Sander and Marni, as one that’s modeled...
The U.S. may still be the single biggest and most lucrative market on earth, but China is clearly where the growth is at. The fact...
In today’s top Europe, Middle East and Africa (EMEA) news, Nexo launches a cryptocurrency Mastercard, while Umba closes a $15 million Series A fundraising round....
Today in retail, Bed Bath & Beyond reports a loss in earnings, while REI plans to expand its trade-in program. Plus, Etsy feels immediate backlash...