Botswana reassessing HB Antwerp deal after Lucara Diamond cuts ties

Lucara Diamond said on Thursday it had ended its agreement with HB Trading BV, a unit of HB Antwerp, following what it called “a material breach of financial commitments by HB”. HB did not immediately respond to requests for comment.In March Botswana, the world’s No. 1 diamond producer by value, announced a deal to buy a 24% stake in HB Antwerp and to supply it with an undisclosed quantity of r…

Read more

H&M lifts veil on list of suppliers for each of its garments

The company said each garment on Hm.com, including most H&M Home interior products, will feature supply chain details such as production country, supplier names, factory names and addresses, and even the number of workers in these factories.“Let’s team up for a sustainable futureคำพูดจาก สล็อ…

Read more

Louis Vuitton explores collaboration with Mexican artisans

“We are currently in a relationship with artisans of Tenango de Doria in the state of Hidalgo, Mexico, with the perspective of collaborating together to produce this collection,” the fashion house told AP in an email.Mexico’s culture secretary Alejandra Frausto sent Louis Vuitton a letter last week expressing “surprise” that a chair from the Dolls by Raw Edges collection featured elem…

Read more

Most UK Christmas shoppers avoided glitter items in eco focus

According to GlobalData’s ‘Christmas in the UK – 2019’ report, 64.3% of Christmas shoppers said sustainability was more important to them in 2019 compared to 2018.Avoiding glitter, often made from plastic, became one of the ways consumers embraced sustainability over the festive season as climate change and ocean pollution have become larger international issues. คำพูดจา…

Read more

Op-ed- Why did fashion take so long to cancel Ye-

Gap went further, announcing Yeezy Gap products would be removed and YeezyGap.com would shut down immediately. Foot Locker and The RealReal followed suit with more businesses joining the split as of this posting. Kim Kardashian, Jonathan Greenblatt of the Anti-Defamation League, and Endeavor CEO Ari Emanuel also used their respective voices to condemn the rapper’s anti-semitic statements.  T…

Read more

German retail sales rebound before partial lockdown

Germany has ordered restaurants, bars, entertainment venues and gyms to close since Nov. 2 in an attempt to slow the spread of COVID-19. Schools, factories and shops remain open with social distancing conditions.Retail sales – a notoriously volatile indicator often subject to revisions – rose 2.6% in October on the month in real terms, the Federal Statistics Office said.

That followed an …

Read more

Oerlikon acquires Riri, a specialist in metal accessories for the luxury industry

The transaction, for an undisclosed sum, “marks a milestone in Oerlikon’s growth strategy and diversifies Surface Solutions’ offerings and market access” the buyer said. “Riri is highly complementary to our existing luxury business and will reinforce our fashion jewellery and metallic components for leather goods.It’s seen by the firm as the ideal next step after its acquisition of …

Read more

Superdrug celebrates National Beauty Banks charity milestone

To celebrate the occasion, Superdrug and charity Beauty Banks have teamed up with a host of celebrities, influencers and industry heavyweights, including presenter and Radio 6 DJ Lauren Laverne and author/journalist Caitlin Moran, to drive donations and raise awareness of hygiene poverty.Modern consumers increasingly expect the businesses they patronise to take an active part if doing good for …

Read more

This year’s holiday sales could break records at over $1 trillion

The market research company raised their Q3 2018 prediction based on low unemployment, strong income growth and high consumer confidence. Assuming the forecast comes to fruition, this will mark the first time holiday sales exceed $1 trillion. Set between November 1 and December 31, the 2018 holiday season’s revenues are expected to increase in total by 5.8 percent, exhibiting the strongest gr…

Read more