Folli reaches preliminary restructuring deal with some creditors

Folli has struggled to pay suppliers and workers and keep its business going since a hedge fund report in May last year questioned its accountingคำพูดจาก สล็อตเว็บตรง. Its shares have since been suspended, and the company has been fined by Greece’s securities watchdog.The firm publish…

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G20 agrees to wrap up digital tax by 2020 – final communique

Facebook, Google, Amazon, and other large technology firms face criticism for cutting their tax bills by booking profits in low-tax countries regardless of the location of the end customerคำพูดจาก สล็อตเว็บตรง. Such practices are seen by many as unfair.The new rules would mean h…

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H&M’s Weekday links with IFC and Maisie Williams on ultra-recyclable textile

To “raise awareness about the importance of transitioning toward a circular fashion industry, [it has] teamed up with actress Maisie Williams to design a two-piece outfit made entirely from IFC fabric”. And it said it’s “looking  forward to being part of developing and scaling this technology in the coming years”.H&M said IFC is a unique operation because its tech “can turn textile, …

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Gap establishes advisory board to champion inclusion

Dubbed ‘Power of the Collective Council’, the advisory board is expected to partner with Gap Inc. to create access, drive awareness, and advocate for historically marginalized and vulnerable communities.The Council’s strategy is aligned to three strategic pillars — Community, Customer, and Employee — with each member focusing on a component of the business that leverages their specialized…

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Lenzing launches new ‘green’ luxury filament Tencel Luxe

The Tencel Luxe range is made of ecological thread derived from plant fibres, specifically from wood pulp coming from trees such as eucalyptus, spruce, fir and birch. The material has a silky, feathery feel and is manufactured in a way that has minimal impact on the environment, in terms of water and energy consumption and the use of chemicals.”We clearly wanted to bring the industry to a highe…

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China to ramp up spending to revive economy, could cut growth target – sources

The ramped-up spending will aim to spur infrastructure investment, backed by as much as 2.8 trillion yuan (341 billion pounds) of local government special bonds, said the sourcesคำพูดจาก สล็อตเว็บตรง. The national budget deficit ratio could rise to record levels, they added.Beijing is li…

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From recycled leather to natural dyes, fashion tries to limit environmental damage

Fashion is one of the world’s most damaging industries. It is responsible for about 10 percent of all greenhouse gas emissions, according to Oxfam.Some brands are attempting to cut waste and be more sustainable, with mainstay brands like Badgley Mischka making shifts in how they produce their garments. คำพูดจาก Read more

Positive Luxury launches in the US and France

The sustainability platform is known for its unique Butterfly Mark, which recognises the eco efforts of luxury brands like Louis Vuitton, Christian Dior and Loewe. The events will be part of Positive Week, taking place from 14-20 October across three cities. Now in its 8th edition, Positive Week will include events in Paris and New York for the first time, as well as a number of consumer initi…

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Myanmar govt, garment industry criticise ActionAid report

In the Yangon region, there is “no abuse or oppression” as alleged by ActionAid and such misinformation can harm the nation’s image, economy and foreign investments, U Zaw Aye Maung, regional minister for Rakhine ethnic affairs and for labour, immigration and population, told a news conference held by Burmese garment manufacturers recently.Aye Maung asked ActionAid to either publicly admit it…

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Stella McCartney says eco is largely a marketing ploy in fashion

“Ninety percent of the environmental issues that are mentioned in the fashion industry are based around marketing,” she said in an interview in the latest edition of Wired UK. “They’re not heartfeltคำพูดจาก สล็อต666. They’re not really genuine.”The designer, who is launching a UN charter …

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