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.
Capri Holdings on Monday named Alexander McQueen chief Emmanuel Gintzburger as the new CEO at Versace, effective this September. On the same day, Kering named Gianfilippo Testa as CEO of McQueen, talking over in May.