Adidas ramps up sustainability initiatives with newest recycling commitment

According to the athleticwear company, Adidas produced more than five million pairs of shoes containing recycled plastic waste In 2018, and has now announced that it plans to more than double that figure…

Amorepacific teams up with Eastman on sustainable packaging

Eastman’s molecular recycling technologies break down hard-to-recycle plastic waste into building blocks used to create new materials. The process reduces the use of fossil resources and results in 20 to 50 percent lower…

Germany still aims for ‘fair taxation’ of internet companies, says finance ministry

The top-selling Bild newspaper, citing a confidential finance ministry document, reported that Scholz had abandoned plans to hike taxes for big digital companies because a “demonization” of the firms was seen as “not…

Early Black Friday could make or break Q4 retail results, study says

This year’s Christmas shopping period kicks off on Nov. 23 but it gets stretched over five weekends, meaning retailers will be forced to plan additional promotions, Refinitiv said. So the festival which supposedly…

Global and local searches for UK brands rise, fashion is key sector

Research conducted by Google and the British Retail Consortium showed that online searches for UK retail items rose 9% during Q3 with 27% of searches made in Greater London while 23% of searches…