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1/OFF Paris: 400% Growth For The Upcycled Fashion Brand Taking Sustainability To Luxury’s Eco-Apathetic

June 27, 2022 by www.forbes.com

Share to Twitter Share to Linkedin One of the biggest challenges for any purpose-led brand pursuing game-changer status isn’t breeding a fanbase who ‘get it’ but selling a vital new narrative to the hardcore apathetic. For fashion, mired in climate crisis and battling the clock to cultivate a circular economy, retuning fans’ mindsets (America throws away and 2150 pieces of clothing every second and even people with positive eco intentions are loathe to sacrifice what they perceive as an identify-defining hobby ) is now mission imperative. Dutch fashion brand 1/OFF Paris, whose couturiers splice together or respectfully reinterpret iconic vintage garments to create ultra-covetable new pieces (think: a Levi’s denim jacket with Chanel’s quintessential ladies-who-lunch tweed; double layered jeans; or two oversized classic men’s blazers tailored into a freshly feminized silhouette) is doing just that. Selling to an audience including legions of the … [Read more...] about 1/OFF Paris: 400% Growth For The Upcycled Fashion Brand Taking Sustainability To Luxury’s Eco-Apathetic

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The Fashion Edit: Beach Bags To See You Through Summer

June 27, 2022 by www.forbes.com

Share to Twitter Share to Linkedin From tropical-colored to all-natural raffia totes, here’s an edit of the best beach bags for your next trip. Shell Leather-Trim Raffia Tote Bag by Loewe : Spanish fashion house, Loewe is famous for its easy, breezy beach bags, including this shell leather-trim raffia tote. Crafted in Spain, it dons simple brown leather top handles and is finished off with an anagram logo charm. It'll fit all your essentials — beach towel, sunnies and book. Beach Club Appliquéd Straw Basket Bag by Kilometre Paris : A playful tote by Kilometre Paris (started by Jalouse Magazine founder Alexandra Senes), this Beach Club bag just calls for holidays. It's made in Morocco from woven straw and crochet-knit wool to depict a sunset landscape. Holiday Household Tote by Anya Hindmarch : Activate vacay mode with this vibrant tote bag by Anya Hindmarch. It's made from an ultra-strong canvas, which derives from recycled … [Read more...] about The Fashion Edit: Beach Bags To See You Through Summer

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Billionaire Italian eyewear mogul Del Vecchio dead at 87

June 28, 2022 by www.thejakartapost.com

Agence France-Presse Rome   ● Tue, June 28, 2022 2022-06-28 11:08 0 53ea05b5fe2e13733519dbf4e332726a 2 Lifestyle Leonardo-Del-Vecchio,Ray-Ban,eyewear,sunglasses,fashion Free Italy's second-richest man, eyewear magnate Leonardo Del Vecchio, has died aged 87 after building an optical empire that saw him buy up major brands like Ray-Ban, Persol and Oakley. Del Vecchio was one of Italy's most successful businessmen, building from scratch an international company that helped turn eyeglasses into a coveted -- and pricey -- fashion accessory. His fortune was worth an estimated US$27.3 billion, according to Forbes' 2022 World's Billionaires List. His company EssilorLuxottica confirmed on Monday that he had "passed away" at the age of 87. Del Vecchio had been in intensive care at Milan's San Raffaele hospital in recent weeks, according to Italian news agency AGI. Born in Milan on May 22, 1935, to a poor family, he spent part of his youth in an orphanage … [Read more...] about Billionaire Italian eyewear mogul Del Vecchio dead at 87

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Italian Billionaire And Eyewear Mogul Leonardo Del Vecchio Dies At 87

June 27, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Topline Leonardo Del Vecchio, the Italian billionaire and founder of eyewear giant Luxottica—which owns brands like Ray-Ban, Oakley and Sunglass Hut—died on Monday at the age of 87, according to Italian media reports. Key Facts According to Italian newspaper Corriere della Sera , the 87-year-old died on Monday morning at Milan’s San Raffaele Hospital. The cause of his death was not stated. In a separate report , the Italian daily noted that Del Vecchio’s fortune will be divided among six of his children. Luxottica is the world’s largest maker and seller of sunglasses and prescription eyewear and besides its own major brands like Ray-Ban and Oakley, it makes glasses for several luxury fashion brands like Chanel, Dolce and Gabbana, Bulgari, Armani and several others. Big Number $24.8 billion. That is the total net worth of Del Vecchio and his family, according to Forbes . His family’s … [Read more...] about Italian Billionaire And Eyewear Mogul Leonardo Del Vecchio Dies At 87

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Italian eyewear billionaire Leonardo Del Vecchio dies at 87

June 27, 2022 by www.moneycontrol.com

Leonardo Del Vecchio Italy's Leonardo Del Vecchio, who rose from childhood poverty to build the eyewear empire that owns brands such as Ray-Ban and Oakley, has died at the age of 87, his company said on Monday. Del Vecchio added a dash of Italian style to spectacles and became one of Europe's wealthiest men, investing some of his riches to build stakes in Italian financial group Mediobanca and insurer Generali. The billionaire founded the Luxottica business in 1961, initially to supply components for glasses, and remained the chairman and major shareholder in the world's biggest eyewear group after it combined forces with France's Essilor in 2018. Fashion designer Giorgio Armani was among those to pay tribute to Del Vecchio with whom he had worked since the 1980s. "Together, we invented a phenomenon that did not exist: we immediately realised that glasses, from simple functional objects would become indispensable fashion accessories," Armani said. Close … [Read more...] about Italian eyewear billionaire Leonardo Del Vecchio dies at 87

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Dufry Loses Retail Toehold In Germany As Heinemann Returns To Country’s Fourth Busiest Airport

June 25, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Hamburg-based travel retailer Gebr. Heinemann was rejoicing this week as it ousted Dufry by winning the tender to run the core retail business at Düsseldorf Airport, Germany’s fourth busiest air gateway after Frankfurt, Munich and Berlin. Heinemann—with revenue of $2.2 billion (€2.1 billion) in 2021—will run a new ten-year concession to operate four duty-free and travel retail stores across all three terminals (A, B, C) from January 10, next year. The 43,000 square feet of space is currently operated by World Duty Free, a Dufry company, and will be stocked with familiar products ranging across liquor, tobacco, confectionery, beauty, fashion, accessories, watches and jewelry. The victory is sweet. World Duty Free, acquired by Dufry in 2015 , took the Düsseldorf concession away from Heinemann in January 2013 after 20 years at the airport. Getting it back was always going to be an objective for family-owned Heinemann which … [Read more...] about Dufry Loses Retail Toehold In Germany As Heinemann Returns To Country’s Fourth Busiest Airport

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As Cash-Hungry Barcelona Attempts To Keep Up, Real Madrid Looks Dominant

June 26, 2022 by www.forbes.com

Share to Twitter Share to Linkedin If La Liga returned tomorrow, few teams would be nearly ready. It’s the summer transfer window. Players are holidaying, and most teams around Europe are intent on trimming their squads ahead of the preseason, let alone the thinking about the ultimate kick-off in mid-August. Behind the scenes, club departments are scanning the market, liaising with agents and managing outgoings. Some sides have acted quickly, and others still have plenty to do. In Spain, you can see both sides of the spectrum. If top-flight soccer began sooner than expected, national and European champion Real Madrid would be almost raring to go. Asides from the preseason rigors and getting players back up to speed, it has already assembled a squad to hit the ground running. In an alternate reality, financially compromised Barcelona—La Liga runner-up last time around—would be nowhere near prepared if the matches resumed shortly. With negotiations … [Read more...] about As Cash-Hungry Barcelona Attempts To Keep Up, Real Madrid Looks Dominant

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Thai Health Minister Anutin tests positive for Covid-19

June 28, 2022 by thethaiger.com

The Thai Deputy PM and Minister of Public Health, Anutin Charnvirakul, has tested positive for Covid-19 after arriving back from a UNAIDS meeting in Geneva, Switzerland. The minister was reported to have only mild symptoms at this time as he had already completed 6 doses of Covid vaccine. Autin and other authorities from the Ministry of Public Health, Foreign Affairs, Thailand Convention and Exhibition Bureau, and Phuket Provincial Governor had joined the BIE 170th General Assembly in Paris between June 19 – 20. Then, the group travelled to Geneva to join the meeting with The Joint United Nations Program on HIV/AIDS to discuss the Special Expo 2028, in which Phuket is vying to host between June 21-24 in that year. Anutin arrived in Thailand on June 26 with muscle pain and a sore throat and later found that he was positive for Covid-19 with an ATK test. According to the report, the minister would quarantine for at least a week, or until he was able to produce a negative Covid … [Read more...] about Thai Health Minister Anutin tests positive for Covid-19

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LongTail Rally 2.0: More Cars, More Adventures, More Chills And Thrills

June 27, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Just over 13 months after the inaugural LongTail Rally of 2021, rally organizers kicked off the second LongTail Rally amidst the stunning skyline of San Francisco. Gathering at the Fairmont Hotel on Mason Street for the opening dinner, and culminating at the Hyatt Regency, Gainey Ranch in Scottsdale, Arizona one week later, this year’s rally involved more participants, covered more miles and included even more adventures. Rally organizers Michael Knapp and Julie Milne didn’t need to up their game after the celebrated reaction to the first LongTail Rally, but they kicked things up a notch nonetheless. Where last year’s rally included a trip to BMW’s driving school in Thermal, California, and a visit to Speed Vegas outside Sin City, this year’s drive crossed far more state lines and included off-road safaris, high-altitude tests of man and machine, plus a massive 110-degree pool party and a marriage proposal. Day 1: … [Read more...] about LongTail Rally 2.0: More Cars, More Adventures, More Chills And Thrills

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Banking body urges decisive wave of global rate hikes to stem inflation

June 27, 2022 by www.moneycontrol.com

The world's central bank umbrella body, the Bank for International Settlements (BIS), has called for interest rates to be raised "quickly and decisively" to prevent the surge in inflation turning into something even more problematic. The Swiss-based BIS has held its annual meeting in recent days, where top central bankers met to discuss their current difficulties and one of the most turbulent starts to a year ever for global financial markets. Surging energy and food prices mean inflation in many places is now its hottest in decades. But the usual remedy of ramping up interest rates is raising the spectre of recession, and even of the dreaded 1970s-style "stagflation", where rising prices are coupled with low or negative economic growth. "The key for central banks is to act quickly and decisively before inflation becomes entrenched," Agustín Carstens, BIS general manager, said as part of the body's post-meeting annual report published on Sunday. Carstens, former head of … [Read more...] about Banking body urges decisive wave of global rate hikes to stem inflation

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