Hermès has overtaken rival LVMH in market capitalisation, marking a significant shift in Europe’s luxury landscape. On Tuesday morning, Hermès reported a market value of €248.2 billion, narrowly surpassing LVMH’s €246.8 billion. The milestone crowns Hermès as the most valuable luxury brand in Europe and on France’s CAC 40 index—fifteen years after LVMH’s failed stealth […]
In the search for sustainable alternatives to conventional leather and plastic-based textiles, shiringa bio-leather has emerged as an innovative material rooted in Amazonian tradition and Indigenous knowledge. Derived from the latex sap of the Hevea brasiliensis tree (commonly referred to as shiringa), this material offers insight into how natural resources can be harnessed responsibly for […]
The European Commission has outlined a 2025–2030 work plan under the Ecodesign [1] for Sustainable Products Regulation (ESPR) and Energy Labelling Regulation, placing steel among the priority sectors for new sustainability requirements. The initiative expands the regulatory framework beyond energy efficiency to include mandates for durability, repairability, and recyclability, aiming to reduce environmental impact and […]
Hoa Phat Group has officially commenced construction on a steel manufacturing facility [1] in Vietnam, set to produce high-grade railway rails for the first time in the country. The announcement came during the group’s annual general meeting (AGM) on April 17, where chairman Tran Dinh Long confirmed the project’s total investment of VND14 trillion ($556 […]
The collaboration is aimed at paving the way for large-scale imports of liquid hydrogen into Europe. It was signed during the state visit of His Majesty the Sultan of Oman to the Netherlands, in the presence of Reinette Klever, the Minister of Foreign Trade. The agreement was signed by a total of eleven parties, including […]
