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☆ Climate-Disclosure Rules Are Coming. Here’s How Companies Are Adapting.
▼ + stars: | 2023-04-25 | by ( Dieter Holger | ) www.wsj.com time to read: +5 min

International jurisdictions and the U.S. Securities and Exchange Commission are expected to finalize rules by this summer that will require public companies to report their greenhouse-gas emissions. Direct suppliers are known as tier 1 with that number increasing the deeper you go down the supply chain. Partnerships with suppliers: Large companies are working with small suppliers to overcome hurdles to accessing renewable power supplies, a relatively straightforward way to cut emissions. In October, it said its first group was five companies, including Amy’s Kitchen Inc., Levi Strauss & Co. and J.M. Targets for lower-emission alternatives: Nestlé SA is paying a premium to farmers in its supply chain that cut emissions by following regenerative farming practices.

☆ Biden's campaign is selling 'Dark Brandon' T-shirts to mark 2024 reelection announcement
▼ + stars: | 2023-04-25 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

His campaign is selling $32 T-shirts that include the "Dark Brandon" meme on them. The shirt is “best worn while vanquishing malarkey,” according to Biden’s campaign website. Biden's re-election campaign is selling a T-shirt that includes "Dark Brandon" imagery. "Dark Brandon is crushing it," wrote White House Deputy Press Secretary Andrew Bates on Twitter at the time. Since then, the Dark MAGA meme has largely fallen out of fashion on the right — possibly owing to the proliferation of "Dark Brandon."

☆ Taylor Swift and the Sparkling Trap of Constant Reinvention
▼ + stars: | 2023-04-24 | by ( Vanessa Friedman | More About Vanessa Friedman | ) www.nytimes.com time to read: +1 min

But it’s also possible to see in all these Swiftian clothes, all the wardrobe switcheroos, something else. And a message that Ms. Swift is, perhaps, calling time on the whole thing. The promise of reinvention is a core American value: the belief that everyone has the right to a fresh start, that you are limited only by your imagination and abilities. Yet it is also its own kind of prison, as Ms.

Persons: it’s, Swift, ”, Taylor, ” Taylor

☆ Is it Time for Me to Get Over My Dislike of High-Waisted Pants?
▼ + stars: | 2023-04-24 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

I am a mom, but not a mom jeans fan. What am I to do with the current trend for high-rise pants? That’s why, whenever I hear that skinny jeans are over, or skinny jeans are back, I roll my eyes. Look around, and you will see “dad jeans,” “mom jeans,” distressed jeans, wide jeans, boot-cut jeans, flared jeans, stretch jeans, stiff jeans, et cetera. That said, there is a certain polish to the high-rise trend that makes it worth noting.

☆ Fashionphile founder and CCO explains why that 'ludicrously capacious' bag from 'Succession' had a 310% spike in online searches
▼ + stars: | 2023-04-23 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

Since "Succession" character dubbed this Burberry bag "ludicrously capacious," search for the brand has spiked. One of the show's central characters, Tom Wamsgans, scoffs at the luxury bag, describing it as "ludicrously capacious." Tom Wamsgans' comment about another character's "ludicrously capacious" bag in season four of "Succession" went viral. Macall B. Polay/HBOIn the weeks since the episode aired, searches for "Burberry tote bag" have jumped 310%, according to virtual fitting room company 3DLOOK, per Harper's Bazaar UK. Searches for "Burberry handbag" are up 180%, while "Burberry tote" increased 25%.

Hong Kong/New York CNN —Temu and Shein are taking off in the United States, topping app stores and creating a frenzy with consumers. Shein was started in China, while Temu was launched by a Chinese company that now bills itself as a multinational firm. Both firms have enjoyed major success in the United States, noted Nicholas Kaufman, a policy analyst for the US-China Economic and Security Review Commission. Topping the chartsTemu and Shein have taken the world’s largest retail market — the United States — by storm. It has quickly become the most downloaded app in the United States, and continues to expand its user base.

☆ Gucci Raid Part of Growing E.U. Antitrust Scrutiny of Fashion
▼ + stars: | 2023-04-20 | by ( Elizabeth Paton | ) www.nytimes.com time to read: 1 min

Between staging glossy runway shows and dressing stars for the red carpet, Gucci is a company accustomed to the glare of the spotlight. This week, however, that attention might have felt less comfortable after its Italian offices were raided by European Union antitrust officials. The unannounced inspection was the latest in a series of regulatory actions, as antitrust officials ratchet up scrutiny of the fashion industry over possible anticompetitive practices. In March, the European Commission, the bloc’s executive arm, carried out investigations into several beauty and fragrance companies linked to the supply of fragrance ingredients. Last year, some fashion houses were raided in connection with sustainability targets developed by the industry, including changes in sales periods and discounting strategies that regulators later deemed as potential violations of competition law.

[1/5] People look at handbags on display outside shops in a market, ahead of Eid al-Fitr celebrations in Karachi, Pakistan April 19, 2023. REUTERS/Akhtar SoomroKARACHI, Pakistan, April 20 (Reuters) - Retail sales in Pakistan have witnessed a sharp drop compared to previous years in the run up to the Muslim holiday of Eid al-Fitr, retailers say, as shoppers feel the pinch of decades-high inflation. The lead up to Eid al-Fitr, expected to fall on Saturday in Pakistan to mark the end of the holy month of Ramadan, traditionally sees the highest sales of the year. Asfandyar Farrukh, co-founder of CAP and managing director of Hub, a leather goods store, said that Eid shopping appears to have started sooner and peaked earlier, coinciding with salary pay days, and customers anticipating price increases. The sales drop adds to the slowing of Pakistan's $350 billion economy, which has struggled in recent months amidst tough stabilisation polices, including the central bank raising interest rates to a historic high of 21%.

☆ A $20 viral handbag that's an affordable take on the 'quiet luxury' trend was just named the hottest fashion item of 2023 so far
▼ + stars: | 2023-04-19 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +3 min

A $20 Uniqlo bag that went viral on TikTok has been named the hottest product of the year so far. There are more than 87 million views of the "Uniqlo bag" on TikTok. This bag is an affordable take on the "quiet luxury" trend that is dominating fashion. There are more than 87 million views of the "Uniqlo bag" on TikTok, for example. The bag falls neatly into the quiet luxury — or stealth-luxe trend — that has become a major talking point in the fashion industry in recent months.

☆ 'Quiet luxury' is back for the first time since the Great Recession. Here's what it is and what brands stand to benefit.
▼ + stars: | 2023-04-16 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +6 min

The quiet luxury trend is dominating 2023 after years of trends like "dopamine dressing." David Russell/HBOLike most other fashion trends, the move toward quiet luxury, or "stealth wealth," is part of a cycle. Liz Hafalia/The San Francisco Chronicle via Getty ImagesAt this point, quiet luxury has become so popular that even luxury brands themselves are being asked about it. She also highlighted Italian luxury house Brunello Cucinelli, French leather goods firm Hermès, and Armani, who has been doing quiet luxury for nearly two decades. If that's a bit outside your budget, there are mass-market retailers partaking in what the quiet luxury trend is promoting: durable, sustainably made clothing in timeless fabrics and silhouettes.

☆ Swinging Sixties fashion designer Mary Quant dies aged 93
▼ + stars: | 2023-04-13 | by ( Farouq Suleiman | ) www.reuters.com time to read: +2 min

LONDON, April 13 (Reuters) - Fashion designer Mary Quant, often credited with popularising the miniskirt that helped define Britain's "Swinging Sixties" era, has died aged 93. Born and brought up in Blackheath, south east London, Quant helped pioneer bold new styles during the 1960s - a decade in which fashion, music and art subculture challenged and forever changed Britain's post-war national identity. "It’s impossible to overstate Quant's contribution to fashion," the Victoria and Albert Museum, which held a 2019 exhibition focused on her work, said in a statement. "She represented the joyful freedom of 1960s fashion, and provided a new role model for young women. A self-taught designer, Quant opened a west London boutique called Bazaar in the 1950s alongside her fashion entrepreneur husband Alexander Plunket Greene and their business partner.

☆ Mary Quant, designer who epitomized Swinging 60s, dies at 93
▼ + stars: | 2023-04-13 | by ( ) www.cnbc.com time to read: +6 min

Mary Quant, the visionary fashion designer whose colorful, sexy miniskirts epitomized Swinging London in the 1960s has died at 93. Mary Quant, the visionary fashion designer whose colorful, sexy miniskirts epitomized Swinging London in the 1960s and influenced youth culture around the world, has died. "She was the right person with the right sensibility in the right place at the right time. Quant was also credited with introducing hot pants and micro-minis to the fashion scene in the late 1960s. Quant stepped down from the day-to-day management of her firm, Mary Quant Ltd., in 2000 after it was purchased by a Japanese company, but kept working as a consultant.

☆ Macron comments leave senior Taiwanese official 'puzzled'
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, April 12 (Reuters) - Comments by French President Emmanuel Macron on Taiwan are puzzling, a senior Taiwanese politician said, wondering whether France's founding ideals of liberty, equality and fraternity are now out of fashion. He also called for the European Union to reduce its dependence on the United States and to become a "third pole" in world affairs alongside Washington and Beijing. Taiwan parliament speaker You Si-kun, writing on Facebook late Tuesday above a screengrab of a report about Macron's comments on Taiwan, questioned the French commitment to freedom. "Are 'liberté, égalité, fraternité' out of fashion?," he wrote, referring to the official French motto of "liberty, equality, fraternity". "The actions of President Macron, a leading international democracy, leave me puzzled."

☆ Netflix expands its product ambitions in a clothing collab that mashes up the Lacoste crocodile with 'Bridgerton,' 'Stranger Things,' and more
▼ + stars: | 2023-04-11 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Netflix has teamed with Lacoste to create a clothing collaboration inspired by eight of its popular shows, including "Bridgerton," "Stranger Things," and "Lupin." For the pieces, Lacoste reimagined its iconic crocodile logo with elements of the Netflix shows on a collection of polos, caps, sweatshirts, and tracksuits. For "Stranger Things," a sweatshirt features the crocodile with the face of the Demogorgon, the feared creature from Season 1. Lacoste apparel inspired by "Stranger Things." NetflixThe items cost $30 to $210 and will be sold at select Lacoste stores and on Lacoste.com and Netflix.shop.

☆ A new trailer for the much-hyped Barbie movie has sent shoppers searching online for fluffy mules and pink clothes, with 'Barbiecore' set to be a hot trend in 2023
▼ + stars: | 2023-04-11 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

According to fashion search site Lyst, searches for the color pink have surged since the trailer's release. Online searches showed a specific interest in items worn by Robbie in the trailer after its release in early April. The aesthetic has been dominating fashion for the past year with the hot pink color appearing on runways and red carpets, according to The Business of Fashion. Valentino's creative director Pierpaolo Piccioli debuted a hot pink color, dubbed "Pink PP" that was developed with Pantone, at Paris Fashion Week in March 2022. Celebrities including Harry Styles, Anne Hathaway, Kim Kardashian, and Zendaya were seen sporting hot pink outfits at the time.

☆ Teens drive $67 billion in spending. Here's where they're putting their money, and why it's bad news for some stocks
▼ + stars: | 2023-04-07 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +4 min

The wide-ranging survey saw teenagers reporting their spending this year will rise 2% from the spring of 2022 to $2,419. Gen Z girls are planning to pull back on clothing spending, which could spell trouble for apparel stocks in the months ahead. It's the top choice of places to shop for about 9% of the upper-income teens in the survey, Piper said. According to the survey, 49% of upper-income teens have purchased clothes on secondhand marketplaces like Poshmark, The RealReal and ThredUp , or at local thrift stores. Nike remains entrenched as the top apparel brand among all teens, a position it's held for more than 12 years.

☆ Meet the typical Adidas US customer, a 20-something who earns just under $100,000 and looks to Adidas for fashion and fitness apparel
▼ + stars: | 2023-04-05 | by ( Danni Santana | ) www.businessinsider.com time to read: +3 min

Adidas in 2022 reported $24.6 billion in sales across footwear, apparel, and sporting equipment. Adidas' typical customer is a millennial and Gen Z customer earning just under six figures. Today, Adidas employs over 59,000 workers and in 2022 reported $24.6 billion in sales, across categories like footwear and apparel. The typical US Adidas customer earns a mid-to-high average income of between $75,000 and $99,000, according to Start.io, a mobile marketing platform that helps partners serve relevant ads on their apps. "They're following the same lines in terms of fashion and sport," Omri Barnes, chief marketing officer at Start.io, told Insider.

☆ Mispronouncing the word 'Bruschetta' could soon cost thousands of euros in Italy, where politicians want to pass a law to penalize 'Anglomania'
▼ + stars: | 2023-04-04 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +3 min

Italy's government is hell-bent on passing a law that would penalize the use of non-Italian words. The proposed law would fine people who they believe are bastardizing the language. The proposed law seeks to stop "Anglomania," which "demeans and mortifies," Italian language and culture, according to the bill's text—and could even penalize Italians who mispronounce words like "Bruschetta." Pronouncing the word Bruschetta as "bru-shetta" and not "bru-sketta," for example, could cost Italians financially under the proposed law, according to CNN. Meloni's party is in support of the bill, which will be opened for parliamentary debate soon.

In Alessandria, Italy, craftsmen spend seven weeks making one Borsalino hat. Borsalino has used the same methods since 1857. Top editors give you the stories you want — delivered right to your inbox each weekday. Loading Something is loading. Access your favorite topics in a personalized feed while you're on the go.

☆ Zara founder buys luxury apartment building in Dublin for $108 million
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +1 min

MADRID, March 31 (Reuters) - Spanish billionaire and Zara founder Amancio Ortega has bought a luxury residential building with 120 apartments for rent in Dublin, Ireland, for around 100 million euros ($108 million), his private firm Pontegadea said on Friday. It is the first residential building that Ortega's firm has bought outside the United States, Pontegadea said, adding it was part of its strategy to invest in multiple real estate assets. The Opus 6 Hanover Quay building is at the heart of Silicon Docks, the nickname for Dublin's business and technology district, and offers luxury apartments and townhouses for long-term rent, according to the building's website. Pontegadea has focused on investing in real estate assets worldwide and in Spain's energy infrastructure. ($1 = 0.9189 euros)Reporting by Corina Pons Editing by David Latona and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Meloni's party looks to shield Italian language from foreign contamination
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +2 min

ROME, March 31 (Reuters) - Prime Minister Giorgia Meloni's party has proposed imposing fines of up to 100,000 euros ($108,750) on public and private entities which use foreign terms, most notably English, instead of Italian in official communications. "It is not just a matter of fashion, as fashions pass, but Anglomania (has) repercussions for society as a whole," said the text of the draft bill, calling for the Italian language to be protected and nurtured. The bill was presented by lawmakers from Meloni's nationalist Brothers of Italy party and will have to be approved by both houses of parliament to become law. It also stipulates that all names and acronyms indicating jobs in companies operating in Italy should be spelt out in the local language, with foreign words only allowed if they prove to be impossible to translate. The draft bill comes just days after the government moved to defend what it sees as another important part of Italy's culture, banning the use of laboratory-produced food to safeguard the country's agri-food heritage.

☆ Dumb phones are on the rise in the U.S. as Gen Z looks to limit screen time
▼ + stars: | 2023-03-29 | by ( Liam Mays | ) www.cnbc.com time to read: +2 min

This includes what's known as "feature phones" — traditional flip or slide phones that have additional features like GPS or a hotspot. "I think you can see it with certain Gen Z populations — they're tired of the screens," said Jose Briones, dumb phone influencer and moderator of the subreddit, "r/dumbphones." At the same time, HMD's global feature phone sales were down, according to the company. "In North America, the market for dumb phones is pretty much flatlined," said Moorhead. Watch the video to get a look at the dumb phones that may have a promising future in the U.S.

☆ Israel's Netanyahu buys time, but is still in a fix
▼ + stars: | 2023-03-28 | by ( Angus Mcdowall | ) www.reuters.com time to read: +4 min

It shows the dilemma facing Israel's longest-serving prime minister, who managed a comeback last year, brushing aside an ongoing corruption scandal and the political obituaries written after his last coalition collapsed in 2020. Announcing the delay of the judicial law on television, Netanyahu cited the wisdom of Solomon to say he would extend a hand for dialogue. With polls showing his coalition would lose any new election, Netanyahu can meanwhile count on little goodwill from old foes and former allies still sore from previous encounters. Netanyahu describes the cases as politically motivated, denies wrongdoing and says they are not linked to his judicial reforms. His coalition partners include hard-right supporters of Jewish settlers, who have dismayed Israel's foreign allies with harsh statements about Palestinians.

☆ A retro red, blue, and white Credit Suisse ski cap is attracting ferocious bids online — and prices are now up to $200
▼ + stars: | 2023-03-21 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Credit Suisse merch is popping up in online marketplaces following the 167-year-old lender's merger with UBS. Branded gold bars and bags are some of the other Credit Suisse merch available on the platforms. One listing of the Credit Suisse cap started at 80 francs on March 19. Bidding on other Credit Suisse merch — such as this tote bag and a coin bank — also attracted four and five bids, respectively. And while Credit Suisse merch may be attracting buyers, the same cannot be said for the shares of the 167-year-old lender.

☆ Credit Suisse memorabilia up for grabs in online shops after merger
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +1 min

[1/3] Gold bars from the Credit Suisse are seen in a shop in Zurich, Switzerland March 20, 2023. Dozens of bars of gold, stamped with the name of the issuer - the 167-year-old Credit Suisse - were uploaded to the country's most popular online marketplaces, Ricardo.ch and tutti.ch. With it still unknown whether the Credit Suisse brand will be continued, the sellers are seeking to attract those looking to snap up a piece of Swiss financial history. Credit Suisse is expected to remain an independent brand until the merger is complete, at which point UBS will decide whether to pull the plug on the separate Credit Suisse identity. Corporate swag from recently failed Silicon Valley Bank is also proving popular online, as is merchandise linked to Lehman Brothers, which filed for bankruptcy at the height of the 2008 financial crisis.

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