HBC Foundation focuses on mental health
Saks Fifth Avenue owner Hudson’s Bay Company is raising awareness and funds in support of mental health organizations, looking to improve services for the one in four people affected by mental illness.
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Kering raises minimum model age to 18
French luxury conglomerate Kering is furthering its commitment to work responsibly with models by pledging to only work with talent that is 18 years of age and older.
Luxury brands must become more familiar with Indian affluents: Agility
As China has affirmed its place as one of the most influential luxury markets, India’s luxury business has seen double-digit growth and is likely to become one of the most valuable emerging markets.
What is your data worth? Coffee and croissant? How about a job?
The reality is that people have been exchanging value for data since the dawn of the Internet, if not before. The big question is, however, has the exchange been equitable? Have all the benefits, risks, social good and externalities been adequately accounted for in the value exchange?
LVMH links with UNESCO to safeguard biodiversity
Luxury conglomerate Moët Hennessy Louis Vuitton is teaming up with UNESCO to protect biodiversity, furthering the company’s efforts to make its operations more sustainable.
Billionaire population drops for second time in 3 years
The global billionaire population fell more than 5 percent in 2018, as a worldwide economic slowdown and trade tensions impacted even the wealthiest.
Kering hopes to push industry towards sustainability with new standards
As traditional luxury brands strive to become more transparent about their sustainability practices, French luxury conglomerate Kering is the latest to introduce new standards regarding animal welfare.
Kering sets animal welfare guidelines
French luxury conglomerate Kering is looking to help its own companies and its peers improve their animal welfare through the release of open-source standards.
Brand backlash fails to dampen label popularity
Off-White eclipsed Gucci and Balenciaga to become the hottest brand in fashion in the first quarter of this year, according to data from Lyst.
Sustainable DTC brands disrupting luxury with ethical emphasis
NEW YORK – While established luxury brands have been slowly incorporating more sustainable practices into their business models, affluents now have a growing roster of emerging eco-conscious brands offering high-quality products ranging from textiles to skincare and jewelry.