Circular Economy
12 articles

EU Ban on Destroying Unsold Goods Takes Effect July 19, 2026
Each year, Europe destroys between 264,000 and 594,000 tonnes of textiles, representing 4-9% of all products introduced to the market, according to the European Environment Agency (EEA) .

Pre-owned luxury market explodes, fueled by sustainability
The luxury resale market reached 50 billion euros last year, a first.

2 Sustainable Luxury Brands Redefining Fashion
Stella McCartney's vegan leather handbags face a 30% US import tax, a tariff that vanishes if the brand includes even trace amounts of animal products.

Thrift flip styling offers personalized luxury, challenging exclusivity.
A recent survey found 70% of luxury consumers now prioritize uniqueness and individuality over brand new status symbols, signaling a quiet revolution in high society's closets, according to the Luxury

Mycelium Materials Offer Luxury Fashion a Sustainable Future
Luxury giant Kering Ventures, overseeing brands like Gucci and Saint Laurent, recently backed Italian biotech company SQIM with an €11 million investment.

Mushroom packaging market grows for sustainable solutions
While MaximizeMarketResearch and GMInsights valued the mushroom packaging market at USD 99.

Luxury jewelry's ethical sourcing will define prestige by 2026.
Brilliant Earth's 2025 Mission Report, released on March 5, 2026, revealed that 99.

Ethical Jewelry: RJC Code and Beyond Compliance
In Laos, ARTICLE22 orchestrates the meticulous transformation of recycled materials salvaged from Vietnam War bombs, plane parts, and military hardware into distinctive jewelry pieces.

Luxury Brands Adapt as Resale Market Surges
Secondhand luxury fashion spending surged fivefold between Q4 2025 and Q1 2026, marking a seismic shift in consumer behavior.

Bamboo Packaging Growth Fueled by Sustainability, Cost Breakthroughs
Southwest Airlines introduced a new bamboo cup and wood stir stick in October 2024, signaling a significant industry shift towards sustainable packaging.

6 Luxury Fashion Rental Platforms Promoting Circularity
The Volte, a rental clothing company launched in 2017, now boasts over 260 users earning between $50,000 and $200,000 annually, according to The Guardian .

Luxury Resale Market Soars Amidst Global Boom
The global market for used luxury goods, valued at $38.6 billion in 2025, is projected to more than double to $96.4 billion by 2034, growing at a compound annual growth rate (CAGR) of 10.7% from 2026 to 2034, according to DataIntelo.