Coinciding with the launch of its first store on Fifth Avenue, the brand has announced an expansion plan that aims to open 40 points-of-sale in the U.S., set to become one of its top five markets, by 2024.
The luxury fashion brands that were once the biggest users of fur are now at the forefront of the drive to replace it. And LVMH and Fendi have announced a link-up with London-based institutions to develop lab-grown fur.
Two major UK fashion movers and shakers have invested in designer resale start-up Loop Generation. The London-based venture offers pre-loved, luxury fashion in womenswear, menswear, accessories and footwear.
European perfume- and cosmetics-makers face shortages of paper, glass, and some key oils and alcohols, as Russia's invasion of Ukraine adds further disruptions to the supply chains for beauty products.