BusinessMember
TexCycle in Bulgaria: textile sorting, recycling and upcycling under one roof
How long does it take to sort through 60 tons of post-consumer textiles? We are talking careful, professional sorting - by type of articles, quality, fibres, composition, colours and more. For comparison - an adult giraffe weighs about a ton. Now picture 60 full-grown giraffes on one side of a giant scale and their weight in discarded textiles...
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Business|Opinion Member
Is recovery in sight for the luxury sector? LVMH thinks so
The fashion industry’s mood may be brightening, if only by a few degrees. LVMH, the world’s largest luxury group and the sector’s perennial bellwether, delivered a cautiously optimistic third-quarter report, suggesting that the long-anticipated recovery in global luxury spending may finally be taking shape. After several quarters of challenges,...
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