Articles by Don-Alvin Adegeest
Menswear brand Gomorrah launches compostable fashion collection
Aug 10, 2022 - Fashion
Biodegradable fashion could play a key factor in the industry’s fight against waste and climate change. Many fabrics and materials are not biodegradable, even if the fabric’s origins would cause it to break down eventually, any treatments in the finishing process, like dying, processing and washing, may release hazardous chemicals and prevent...
As Bangladesh factories face energy crisis, worker holidays are staggered
Aug 10, 2022 - Business
Bangladesh, one of fashion’s most important manufacturing markets, may face a production crises if workers take August holidays en masse. Nasrul Hamid, State Minister for Power and Energy, has accorded a proposal asking factories to choose different days off instead of all of them remaining closed. Bangladesh in the world’s second largest...
French cosmetics firm Laboratoires Vivacy is back on the market
Aug 10, 2022 - Fashion
Last November bids opened for Laboratoires Vivacy, a French cosmetics giant specialised in the development, production and distribution of injectables. Its products, such as its popular hyaluronic-acid dermal fillers, dubbed the magic molecule, are used by physicians in over 80 countries. A sale was not immediately made. TA Associates, a private...
Nike launches global maternity programme
Aug 9, 2022 - Fashion
Nike is launching a global maternity training programme focusing on exercise for every stage of pregnancy. Nike said it aims to invite more pregnant and postpartum people back into sport. Nike entered the maternity market in 2020, with a collection called Nike (M). “Nike is listening to and learning from a much broader range of athletes, at all...
John Lewis CEO says over 50s quitting jobs could fuel inflation
Aug 9, 2022 - Retail
As the retail sector continues to suffer from a difficult labour market, John Lewis CEO Dame Sharon White said a new government must think "really hard" about getting older people back into work. Dame White told the BBC that the record number of job vacancies is unlike any time she has seen in her career. According to the BBC the UK has seen one...
Stella McCartney and Collaborative Fund launch 200m dollar sustainable investment
Aug 9, 2022 - Business
Stella McCartney has teamed up with Collaborative Fund to invest and support entrepreneurs building a more sustainable future. Called the SOS fund, an initial 200 million dollars will be invested in climate solutions and founders for better business. McCartney said she has been a part of SOS since “day 1 and we have already invewted in...
Instagram, after a backlash, pauses changes to its algorithm
Aug 8, 2022 - Fashion
The cute little square photo app that made Instagram a classic amongst the social media platforms no longer exists. Instagram’s best loved feature has morphed into one giant video reel with an algorithm bent on showing newness to users. Feeds are no longer dominated with content from followed users, but from third parties and other users, that...
One of Boohoo's top investors halves its stake
Aug 8, 2022 - Business
Boohoo’s share price has fallen over 75 percent in the past year. In a latest blow, one of its biggest shareholders reduced its stake by 50 percent. T. Rowe Price International, an investment management company, took a 10 per cent stake in Boohoo last September. In less than one year the company offloaded its stake to just under 5 percent. T....
Next to raise prices in Q3, despite raising its outlook
Aug 7, 2022 - Retail
Next saw stronger than expected sales in 2022, raising its outlook for the year to 860 million pounds, an increase of 4,5 percent over 2021 and 10 million pounds over previous forecasts. Despite the stellar revenue, the company said it will also raise prices from Q3 by approximately 8 percent. Even as a shrinking high street gives Next a...
Do best dressed lists matter?
Aug 5, 2022 - Fashion
Tatler, a London-based Condé Nast operated magazine, for its September issue has revived its best dressed list, citing glamour is back and that good taste never goes out of style. But do these style barometers even matter in 2022? And well, who are they to judge? Oddly, the society publication has lauded the sartorial looks of the Duchess of...