De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
sustainability / Climate Change
Sustainability
Fashion Searches For a New Climate Solution
Coach-owner Tapestry’s new carbon-removal partnership and brands making fresh commitments to textile-to-textile recycling startups show an industry searching for ways to address its environmental impact.
Fashion Searches For a New Climate Solution
Coach-owner Tapestry’s new carbon-removal partnership and brands making fresh commitments to textile-to-textile recycling startups show an industry searching for ways to address its environmental impact.
Sustainability
Shein, Nike and Fashion’s Widening Sustainability Gap
Copenhagen Fashion Week’s 20th edition offered promise in pushing fashion’s sustainability agenda from within, defying the wider industry's pullback from the cause. But with fashion’s decarbonisation trajectory offtrack, Shein’s questionable climate targets, paired with labour abuse in Nike and Prada’s supply chains, there’s still a long way to go.
Shein, Nike and Fashion’s Widening Sustainability Gap
Copenhagen Fashion Week’s 20th edition offered promise in pushing fashion’s sustainability agenda from within, defying the wider industry's pullback from the cause. But with fashion’s decarbonisation trajectory offtrack, Shein’s questionable climate targets, paired with labour abuse in Nike and Prada’s supply chains, there’s still a long way to go.
Sustainability
An Innovative Factory Runs Into Sustainability’s Scalability Problem
Heat pumps similar to those widely used in homes and buildings offer a glimpse of how fashion manufacturers might slash their emissions, if only there were a one-size-fits-all solution.
An Innovative Factory Runs Into Sustainability’s Scalability Problem
Heat pumps similar to those widely used in homes and buildings offer a glimpse of how fashion manufacturers might slash their emissions, if only there were a one-size-fits-all solution.
Sustainability
Fashion’s Climate Reckoning Is Just Getting Started
From dangerous heat on factory floors to flooding across sourcing hubs, climate risks are catching up with fashion’s supply chains. While new recycling initiatives attempt to scale to address the industry’s waste and emissions problem, easing regulation in Europe raises questions about the path forward heading into 2026.
Fashion’s Climate Reckoning Is Just Getting Started
From dangerous heat on factory floors to flooding across sourcing hubs, climate risks are catching up with fashion’s supply chains. While new recycling initiatives attempt to scale to address the industry’s waste and emissions problem, easing regulation in Europe raises questions about the path forward heading into 2026.
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Sustainability
Fashion Is Failing to Protect Garment Workers From Extreme Heat
The International Accord is adding heat-stress protocols to its binding mandate for brands after a watchdog group documented severe heat-related harm to garment workers in Bangladesh and Pakistan.
Fashion Is Failing to Protect Garment Workers From Extreme Heat
The International Accord is adding heat-stress protocols to its binding mandate for brands after a watchdog group documented severe heat-related harm to garment workers in Bangladesh and Pakistan.
Sustainability
Are Fashion’s Sustainability Efforts Misplaced?
A disappointing COP30 deal was reached in Brazil, while floods across South and Southeast Asia showed exactly why quicker action is required. Meanwhile the EU watered down sustainability legislation yet again, this time targeting deforestation. In some positive news, bans on fur and misleading ‘green’ ads made headway.
Are Fashion’s Sustainability Efforts Misplaced?
A disappointing COP30 deal was reached in Brazil, while floods across South and Southeast Asia showed exactly why quicker action is required. Meanwhile the EU watered down sustainability legislation yet again, this time targeting deforestation. In some positive news, bans on fur and misleading ‘green’ ads made headway.
Sustainability
The COP30 Deal Won’t Solve Fashion’s Climate Problems
Action is needed much faster than it will take for voluntary national commitments to kick in.
The COP30 Deal Won’t Solve Fashion’s Climate Problems
Action is needed much faster than it will take for voluntary national commitments to kick in.
Sustainability
Can Fashion Still Meet Its Climate Promises? | The Debrief
As COP30 unfolds, BoF’s Sarah Kent and Shayeza Walid unpack why most big brands aren’t set to meet their 2030 goals — and what it would really take to get them back on track.
Can Fashion Still Meet Its Climate Promises? | The Debrief
As COP30 unfolds, BoF’s Sarah Kent and Shayeza Walid unpack why most big brands aren’t set to meet their 2030 goals — and what it would really take to get them back on track.
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Sustainability
Survival Is Fashion’s Next Big Climate Challenge
With efforts to avert climate crisis just limping along, the industry needs to brace for a harsh new reality.
Survival Is Fashion’s Next Big Climate Challenge
With efforts to avert climate crisis just limping along, the industry needs to brace for a harsh new reality.
Sustainability
Patagonia’s CEO on Selling ‘the Unsexiest Thing in the World’
As the Californian outerwear brand publishes its first ever sustainability progress report, its 50-year effort to model and promote a more climate-friendly form of capitalism is under threat.
Patagonia’s CEO on Selling ‘the Unsexiest Thing in the World’
As the Californian outerwear brand publishes its first ever sustainability progress report, its 50-year effort to model and promote a more climate-friendly form of capitalism is under threat.
Sustainability
Can Fashion Still Meet Its Climate Promises?
As the UN’s annual COP climate summit gets underway against a challenging backdrop, the industry’s near-term pledges to help cap planet-warming emissions are slipping out of reach.
Can Fashion Still Meet Its Climate Promises?
As the UN’s annual COP climate summit gets underway against a challenging backdrop, the industry’s near-term pledges to help cap planet-warming emissions are slipping out of reach.
Sustainability
Are All Sustainability Certifications Broken?
The standards big brands rely on to back up their green claims are facing intense and unflattering scrutiny, Trump’s trade war is having far-reaching and destructive impacts on the lives of garment workers and what to watch ahead of the UN’s COP climate summit.
Are All Sustainability Certifications Broken?
The standards big brands rely on to back up their green claims are facing intense and unflattering scrutiny, Trump’s trade war is having far-reaching and destructive impacts on the lives of garment workers and what to watch ahead of the UN’s COP climate summit.
The News in Brief
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.