Europe's luxury brands want EU regulators to take a tougher line against online retailing giants like Amazon and Alibaba on issues like data protection and counterfeiting, the head of a leading industry group said.
Adidas is launching new fabrics made from recycled polyester and marine plastic waste and expand the product lines that use them after the success of shoes made with the Parley for the Oceans initiative.
Nike Inc's Kobe Bryant merchandise was sold out on its website, the company said on Tuesday, following reports the company had pulled products branded by the NBA star who died in a helicopter crash on Sunday.
On Monday, concerns about the impact of the new coronavirus epidemic on China's economy were reflected in the share prices of major international luxury groups, in anticipation of a slump in Chinese sales and tourism.
Firmenich has announced a joint investment in green packaging pioneer Loop, with the fragrance and flavours specialist having linked with sustainable investment firm Quadia to invest in Loop’s Series A equity round.