Latest news in the fashion industry

French luxury conglomerate LVMH has announced plans to open a new  a global research center dedicated to sustainable and digital luxury on the plateau of Saclay, a suburb south west of Paris best known for nuclear research.

Expected to open in “in 2024/2025,” according to a LVMH release Thursday, the group expects it will “eventually bring together 300 employees and researchers who will work on luxury goods and the protection of the planet.”
 
The long-term goal is for LVMH “to establish itself at the heart of a particularly rich and dynamic research ecosystem.”

Who are the worst offenders?

Two high-street brands came out on top as the most egregious offenders when it came to flouting guidelines.

  • H&M – 96% claims flouting UK Competition and Markets Authority’s guidelines.
  • ASOS – 89% false claims

The report also found that these four brands are the most addicted to fossil fuel-based fibres.

  • Boohoo – 85% of items contain synthetic fibres
  • Walmart – 80%
  • UNIQLO – 79%
  • Forever 21 – 78%

Of those mentioned, no brand has thus far made a commitment to end the use of fossil-fuel based fibres. 

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