In the ecological controversy that emerges from the sustainability indices in calculating the PEF (Poduct Environmetal Footprint), the absence of three important indicators plays a key role improperly against leather and natural textile fibers: microplastic release, plastic waste and circularity. The Sourcing Journal explains. [After Higg Came Under Fire for Greenwashing, Now This ...- SJ]
The richest man in the world bought the platform by tweeting: "the bird is freed." [Elon Musk completes $44 billion deal to own Twitter – NYT]. It'snot a great buy, and there's also a broader change going on in online communities. Even in Zuckerberg's company, things are not going well. Meta's shares fell 25% because brands spend less on marketing. Meta's disappointing earnings come amid a broader sell-off in Big Tech stocks.
The NFT allows the creation of products and collections with unique pieces online or digital doubles. Finally, by offering virtual outfits and accessories in games, the application creates a connection with players who will be the luxury customers of tomorrow. @FNW presents the report “Luxe et technologie: les débuts d'une nouvelle ère” (Bain & Company e Comité Colbert) which estimates that this segment will represent 5% to 10% of the luxury turnover in 2030. [Luxe: un important potentiel d'accélération dans les technologies – FNW]
Next-gen metaverse platform ZERO10 is bringing digital fashion to the masses with its latest boundary-crossing, interactive retail project: interdimensional pop-up store that aims to bridge the gap between the real and the virtual. [Exclusive: Zero10’s Pop-Up Store Is Changing Virtual Fashion. Here’s How. – Jing-Daily]
On @footwearnews we read about how the metaverse is no longer a passing mania. These days it seems that every brand is making – or is preparing to make – the leap into the realm of virtual goods. [These Are the Top Brands That Are Entering — or Will Soon Enter — the Metaverse – FN]
Fashion and culture have a centuries-old relationship, but one that could probably benefit from a revision. Particularly because the post-George Floyd era ushered in a necessary demand for a cultural sensitivity that had previously been lacking in too many. [Fashion Brands Need a Cultural Transformation, and Collabs Aren't the Cure-All – WWD]
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