Fashion’s New Climate Commitments

Activist Third Point's Stake in Richemont, A$AP Ferg's Fashion Line, Tiffany & Supreme Confirmed

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, NOVEMBER 9, 2021 The UN Fashion Charter announced a major upgrade to its climate commitments at COP26, and that LVMH had signed on. Activist hedge fund Third Point has built a stake in Richemont, putting the group's underperforming businesses in the spotlight. Rapper A$AP Ferg is relaunching fashion brand Devoni with concept store Machine-A. Supreme has confirmed its collaboration with American jeweller Tiffany.

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SUSTAINABILITY Fashion Steps Up Climate Commitments By Sarah Kent

The UN Fashion Charter upgraded its targets to drastically slash emissions by the end of the decade and added LVMH as a signatory. READ MORE

ENTREPRENEURSHIP Rapper A$AP Ferg's Designs on Fashion By Daniel-Yaw Miller

The A$AP Mob member is relaunching fashion brand Devoni with concept store Machine-A. READ MORE

Report: Activist Investor Third Point Builds Stake in Richemont READ MORE

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NEWS BRIEFS Prestige Beauty Drives Rising Revenue at Coty Tiffany & Co. and Supreme Collaboration Confirmed Tatler Asia Unveils New Content Focus, Expansion of E-Commerce

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