The beauty giant and the packaging company have announced the invention of what is reportedly the first carton-based cosmetic tube, which sees plastic for the most part replaced with a bio-based, paper-like material. The creation, whose environmental benefits will be assessed through a multi-criteria Life Cycle Analysis, is expected to start going into industrial production in the second half o…
Read moreThe Portland, Oregon-based Nike said it is now eyeing a 30 percent reduction in aggregate greenhouse gas emissions by 2030, with hopes to achieve net-zero emissions by 2050.”Issues as big and complex as climate change call for us to collaborate across our industry and beyond,” said Noel Kinder, Nike’s chief sustainability officer, in a press release.
“That’s why we’re committ…
Read moreLaunched last year, thanks to its secure digital format, the consortium relies on blockchain technology to ensure transparency and traceability of products and product sourcing, thus increasing customer trust.With the advent of the metaverse, the consortium has also accelerated its activities in the development of its technical roadmap to include various NFT solutions (non-fungible tokens), alw…
Read moreTheir main options? Keep it in storage, hold a sale, offload it to “off-price” retailers like TJ Maxx which sell branded goods at deep discounts, or move it to online resale sites.None are ideal, and all are damage-limitation.Real estate company Knight Frank told Reuters it had fielded inquiries for excess stock for over 6 million square feet(557,500 square meters) of short-term let warehou…
Read moreAs part of its second Impact Report, the philanthropic arm of VF Corporation highlighted how it has supported millions across 73 countries during the period between March 29, 2020, to April 3, 2021.”This report not only gives insights into The VF Foundation’s grantmaking priorities, but it provides a window into the organizations we fueled, the causes we strengthened and the positive change w…
Read moreShein, known for its $10 tops and $5 biker shorts, until recently has made many American purchasers face wait times of up to two weeks or more to receive their goods. This, say analysts, has put the fast-fashion e-tailer at a competitive disadvantage to bigger rivals such as Target, Walmart, and Amazon.com, particularly during the holiday shopping season.Analysts told Reuters that Shein would…
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Speaking to bankers just hours after the formal start of the International Monetary Fund and World Bank spring meetings, White House National Economic Council Director Gary Cohn said Washington was prepared to get tougher in the t…
Read moreU.S. Chamber of Commerce President Thomas Donohue said in a statement on Thursday that such tariffs, associated with a probe of China’s intellectual property practices, would be “damaging taxes on American consumers.”His comments came after White House trade adviser Peter Navarro said that Trump would in coming weeks get options to address China’s “theft and forced transfer” of Amer…
Read moreThe report by The Cambodian League for the Promotion and Defense of Human Rights, commonly known by its French acronym LICADHO, was based on visits to 21 brick factories in the Cambodian capital Phnom Penh and neighbouring Kandal province between April and September, as well as interviews with current and former workers.It found pre-consumer garment waste including fabric, plastic, rubber, and …
Read moreAccording to the Costa Mesa, California-based company, its new foundation, which launched on Thursday, will support public charities working with social, environmental and educational issues in the United States. In celebration of the foundation’s launch, Z Supply said that it would allocate 100% of sales made on its ZSupply.com e-commerce site on Black Friday, Cyber Monday and Giving Tues…
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