Going carbon neutral is the latest luxury trend
A growing number of luxury firms are launching carbon-neutral initiatives in an effort to boost their green goals.
A growing number of luxury firms are launching carbon-neutral initiatives in an effort to boost their green goals.
Your Message Subject or Title
Today in luxury – Dior’s Maria Grazia Chiuri talks sustainability; Gucci faces possible backlash for straitjackets at Milan show; Tourneau teaches Bucherer how to do certified pre-owned luxury watches; Chinese US homebuying to hit 8-year low, says leading property site.
The fashion industry produces around 80 billion items of clothing a year – an average of 10 items per person – and the entire supply and distribution chain has a huge environmental impact.
Italian fashion house Salvatore Ferragamo is being recognized for its commitment to social responsibility with a new certification as the label continues to highlight sustainability.
Luxury brands will no longer be able to overlook Generation Z, as these up-and-coming consumers acquire more social influence and earning power.
As ecommerce becomes a greater part of the luxury retail ecosystem, the monobrand boutique’s role is evolving.
Your Message Subject or Title
Today in luxury – Dolce & Gabbana sees sales slowdown in China after ad backlash; US luxury conglomerates aren’t a threat to LVMH and Kering (yet); Luxury boutique hotels push further into former warehouse districts; Democrats’ emerging tax idea: Look beyond income, target wealth.