Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Luxury group Kering to ditch fur completely

09/24/2021 | 10:08am EST

France's Kering will stop using animal furs in all its collections.

It joins a growing list of luxury fashion houses to respond to customer demands for ethical and sustainable clothing.

The decision comes four years after its star label Gucci announced it would forego fur.

A number of fashion houses followed suit, including Italy's Prada, Burberry and outerwear specialist Canada Goose.

With an eye to building future generations of luxury customers, fashion labels have ramped up efforts to prove their sustainability credentials.

Particularly as shoppers have become more environmentally conscious.

Starting from the fall 2022 collections, none of the Kering houses will use fur.

In a statement the firm said, "the world has changed, along with our clients, and luxury naturally needs to adapt to that".

The group's houses include Balenciaga, Alexander McQueen and Saint Laurent.

They have phased out fur in recent years.

But Friday's company-wide ban closes the door to its use in the future, even in the event of a change in creative direction.

Larger rival LVMH leaves the decision on fur use to creative directors at its many brands.

ę Reuters 2021
Latest news "Economy & Forex"
09:59aGUIDE : How to talk about NFTs at Christmas dinner
09:55aGlobal shares decline on Omicron uncertainty
09:51aGrocery chain Kroger lifts forecast as home cooking stays hot
09:47aDollar General forecasts tepid full-year profit as costs surge
09:47aGermany Tightens Restrictions Due to Rise in Covid-19 Cases; Restricts Social Contact for Unvaccinated People
09:46aWALL STREET STOCK EXCHANGE : Boeing lifts Dow at open after Omicron-led selloff
09:41aOil falls as OPEC+ sticks to regular output increase
09:41aOFFICE OF PRIME MINISTER OF CANADA : Statement by the Prime Minister on the United Arab Emirates' Golden Jubilee
09:34aJP Morgan sees oil prices hitting $125 in 2022, $150/bbl in 2023
09:33aOPEC+ agrees to go ahead with planned January oil output hike
Latest news "Economy & Forex"