clothing

Qantas launches athleisure clothing line in latest revenue-raising initiative

FILE PHOTO: Workers are seen near Qantas Airways, Australia’s national carrier, Boeing 737-800 aircraft on the tarmac at Adelaide Airport, Australia, August 22, 2018. REUTERS/David Gray

SYDNEY (Reuters) – Cash-strapped Qantas Airways Ltd on Wednesday launched a range of pricey athleisure clothes as its latest revenue-raising scheme to help weather the coronavirus pandemic.

The branded range includes A$150 ($107.46) T-shirts and A$425 cashmere sweaters designed by Australian Martin Grant, and comes after recent sold-out sales of bar carts from retired Boeing Co 747 planes and business class pajamas and amenity kits.

Qantas has grounded the bulk of its fleet and raised equity and debt to boost liquidity during the pandemic, which has seen it announce plans to cut nearly 30% of its workforce. It is bracing for a A$10 billion hit to revenue this financial year because of border closures and lower travel demand.

On Saturday, 150 passengers joined a

Read More Read more
beauty

Meet Circumference, the Sustainable Beauty Brand Changing the Game With Its New Waste-Not Initiative

For New York City-based skin-care brand Circumference, sustainability has always been top of mind. Just over two years ago, the line, which is helmed by husband-and-wife Chris and Jina Kim, debuted with a quartet of complexion heroes, all of which are powered by indigenous ingredients and arrive in recyclable glass bottles. Today, the couple is taking their environmentally-conscious vision even further with the launch of their sixth product: a nourishing cream that is made using leftovers of the winemaking process.

“Now that [Circumference] has been some time in the making, we really wanted to push innovation and progress to add another sustainability layer,” Jina says of the impetus for their new waste-not sourcing initiative, which was inspired, in part, by the book Radical Matter: Rethinking Materials for a Sustainable Future, and, specifically, a chapter titled “Playing with the perception of waste as a future quarry—a starting point rather than

Read More Read more
beauty

Nordstrom’s New Circular Beauty Initiative Makes Recycling Products Easier Than Ever

Creating a circular beauty industry is proving incredibly difficult. The cosmetics and personal care categories face an obstacle course on their quest for sustainability, with hoops to jump through that include toxic ingredients, hazardous waste from common items like nail polish and perfume, plus so, so much plastic. The United Nations estimates that we produce 300 million tons of plastic trash every year (nearly the weight of the entire human population), and beauty packaging is largely to blame thanks to pumps, mirrored compacts, and caps that can’t be processed by curbside recycling programs. Up to this point, much of the innovation in low-impact environmental practices has been led by adaptable indie brands that set the standard for Big Beauty with clever mushroom-based Styrofoam alternatives and compostable materials. Today, Nordstrom’s TerraCycle partnership takes a significant step toward a more circular future with BeautyCycle, a product take-back and recycling initiative accepting a

Read More Read more
gift

Jewish Future Pledge Announces Collaboration with Morgan Stanley GIFT to Advance Faith-Based Giving Initiative

The MarketWatch News Department was not involved in the creation of this content.


BOCA RATON, Fla., Sept. 30, 2020 /PRNewswire via COMTEX/ —
BOCA RATON, Fla., Sept. 30, 2020 /PRNewswire/ — Today, the Jewish Future Pledge—a non-profit initiative that calls on Jewish donors to earmark at least 50% of the charitable giving in their estate plan to Jewish or Israel-related causes— announced a new collaboration with Morgan Stanley’s charitable giving vehicle, Morgan Stanley GIFT, a donor advised fund, as part of the financial services company’s faith-based giving and investing initiative.

According to a 2020 report by Giving USA, religious contributions make up the largest percentage of total charitable contributions in the U.S. – and Morgan Stanley has placed focus in recent years in supporting clients in translating their faith-based values into their charitable contributions and investments. Morgan Stanley GIFT and the Jewish Future Pledge (“The Pledge”) plan to work together

Read More Read more