Korean company develops new fabric to replace duck feathers

According to a report in Pulse, a Korean business website, Toray Chemical Korea’s micro-scale hollow fibre is made by combining two types of polyester polymers and has…

Diamonds forecast to regain pre-pandemic sparkle in 2022-2024

Demand recovery will diverge depending on lockdown policies, government support, and the extent to which retailers manage to shift sales online, said the report by consulting group…

Burberry to make masks and gowns, helps fund vaccine research

The British fashion house said the plan will help meet the most immediate medical and community needs, while supporting the development of a long-term solution to the…

In 2031, the global cosmetics market will be worth $663 billion

The worldwide beauty sector, which is set to reach $451 billion by the end of 2023, compared to $432 billion the previous year, will be particularly boosted…

Amazon wins trade mark dispute with Coty

The case, brought by U.S. cosmetics company Coty’s German unit, illustrates the tension between brand names seeking to preserve their brand exclusivity and sprawling online platforms such…

Major companies fail to disclose slavery risks, say UK experts

Under Britain’s 2015 Modern Slavery Act, all businesses with a turnover of more than 36 million pounds ($48 million) must produce an annual statement outlining actions they…