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The European Union pledges to fast-track the uptake of bio-based materials

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November 27, 2025

Mushroom-based materials and algae-derived cosmetics: on Thursday, November 27, the European Commission pledged to support the development of the “bioeconomy” sector, which is striving to achieve profitability in the face of cheap, polluting products.

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“The bioeconomy is not science fiction,” emphasised European Environment Commissioner Jessika Roswall at a press briefing in Brussels, speaking amid an array of “sustainable” products.

However, she conceded that progress in the sector is “too slow”, in part because costs are often far higher than for petroleum-based goods. Brussels therefore intends to spur innovation and investment.

The Commission offered few specifics but underscored the need to develop “bio-based products” made from plants or organic waste to replace conventional plastics. The European executive plans to create a “European Alliance for Bio-based Products,” bringing together EU companies to collectively purchase “bio-based solutions” worth €10 billion by 2030.

The Commission also promises to streamline rules and authorisation procedures for innovative products. A forthcoming circular economy law, which Brussels is due to present in 2026, “will include measures to improve the collection and use of biomass waste,” organic matter of plant or animal origin that can be used as an energy source or as a raw material.

Jessika Roswall also highlighted European packaging legislation that requires all packaging to be recyclable by 2030. The Commissioner plans to add quantified targets for renewable “bio-based plastics”, produced, for example, from starch or cellulose.

Making packaging greener- as well as reducing its use- is crucial, as it is an ever-growing source of pollution. According to EU data, each European generated around 190 kg of packaging waste in 2021, and without additional measures this is projected to rise to 209 kg by 2030.

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Toni Pons expands its US footprint with new store in Florida

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January 20, 2026

Spanish label Toni Pons continues to expand its global retail network and has opened a new store in the US. The Catalan espadrille brand has opened in Miami Beach, Florida, at 1656 Lenox Ave. It is the brand’s second store in the state, following its opening at the end of 2024 in Boca Raton.

Interior of the new Toni Pons store in Miami – Toni Pons

The Spanish footwear brand, which will celebrate its 80th anniversary in 2026, announced the opening via its profile on the professional networking platform LinkedIn and described it as “a new chapter in its international journey.”

The Toni Pons store in Miami showcases the brand’s latest retail concept, presented last summer at its store in Platja d’Aro (Girona), designed to convey to customers the Mediterranean character that defines the brand.

Based in Girona, the footwear brand was founded in 1946 and currently operates more than 50 company-owned stores in Spain and abroad. The online channel is also a key pillar of its business, and the brand is available at around 4,000 multi-brand points of sale across nearly 90 markets. In financial terms, the brand records annual turnover of approximately €32 million.

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Bartolomeo Rongone to leave Bottega Veneta for Moncler

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January 20, 2026

In another change to Kering’s organisational structure: the group has announced that Bartolomeo Rongone, CEO of Bottega Veneta, will leave the group on March 31, 2026 to pursue new career opportunities.

Bartolomeo Rongone and Remo Ruffini – Moncler

The executive will step down from his role at Bottega Veneta on March 31, 2026, and will be appointed CEO of the Moncler Group with effect from April 1, 2026.

Under the Moncler Group’s new organisational set-up, Remo Ruffini will serve as executive chairman, retaining responsibility for creative direction and continuing to play a central role in governance and in shaping the group’s strategic direction.

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Puma to supply F1 champions McLaren with motor racing kit in global deal

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January 20, 2026

Puma will supply team kit to Formula One champions McLaren this season in a multi-year global deal that also covers activities in ⁠IndyCar, World Endurance from 2027, virtual racing, and the ⁠all-female F1 Academy series. No financial details were given.

Formula One F1 – Abu Dhabi Grand Prix – Yas Marina Circuit, Abu Dhabi, United Arab Emirates – December 7, 2025 McLaren’s Lando Norris celebrates after becoming the 2025 Formula One World Champion – REUTERS/Jakub Porzycki

“Our sport is in ‍incredible ‌shape, and it’s been fantastic to ⁠see an ‌influx of major fashion ‌and lifestyle brands who are looking for deep and meaningful ways to engage with our growing global ‍fanbase,” said McLaren Racing CEO Zak Brown.

McLaren previously had a ‌deal ⁠with ​Castore, with some media ⁠reports ​suggesting that was worth 30 million pounds ($40.41 million) a year.

Puma ​also equip Ferrari and Aston Martin. Williams have meanwhile ⁠switched to ⁠US lifestyle brand New Era.

© Thomson Reuters 2026 All rights reserved.



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