Day: January 3, 2025

In 1984, Bernard Arnault learned that Christian Dior was for sale. Its parent company Boussac had filed for bankruptcy and the French government was looking for a buyer for the ailing textile empire that owned a number of companies, including Paris-based fashion house Dior. As the story goes, the then-35-year old Arnault – who had…

Is renting clothes instead of buying them truly better for the planet? As the fashion industry faces growing scrutiny for its environmental impact, a growing crop of clothing rental companies promises consumers the opportunity to refresh their wardrobes frequently while lowering their carbon footprint. But is this solution as eco-friendly as it appears? This is…