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Fashion's deforestation challenge: COP30 urges action among leather supply chains

COP30 remains ongoing in Belém, Brazil, where its close proximity to the Amazon rainforest has highlighted an urgency for businesses to act on deforestation risks. Heightened scrutiny towards some of fashion’s biggest players, alongside upcoming European regulations, has intensified pressure on the sector. Despite growing awareness, significant...

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Richemont H1 financial results show resilient growth

For the six-month period ended 30 September 2025, Richemont delivered resilient growth despite persistent macroeconomic and geopolitical headwinds. Group sales reached 10.6 billion euros (12.3 billion dollars), up 10 percent at constant exchange rates and 5 percent at actual rates, with a strong acceleration in the second quarter where sales...

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Burberry results reveal first comparable store sales growth in two years

Burberry Group PLC announced its interim results for the 26 weeks ended September 27, 2025, revealing the first comparable store sales growth in two years and providing key proof points for its "Burberry Forward" strategic plan. Burberry's turnaround gained momentum as comparable store sales in the second quarter ended September climbed 2...

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Patagonia publishes first impact report: “We are still a work in progress”

Outdoor brand Patagonia, often cited as an example in sustainability, is publishing its first full impact report after more than half a century of successful business. The title, Work in Progress Report 2025, is well-chosen. The 130-page document shows both the progress and the failures of the brand that claims to be “in business to save our...

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