Latest news with #eco-leather
Reuters
3 days ago
- Business
- Reuters
Tapestry to invest $15 million in recycled leather brand Gen Phoenix
July 15 (Reuters) - Coach and Kate Spade parent Tapestry (TPR.N), opens new tab will invest $15 million in eco-leather producer Gen Phoenix as part of an effort to make more sustainable leather goods, the companies told Reuters. Tapestry's investment will bring its stake in Gen Phoenix to 9.9%. Tapestry said the partnership will bolster its efforts to attract younger Generation Z consumers - those born from 1997 to 2012 - who have an appetite for sustainable leather goods. The companies' partnership began in 2022 with the launch of Coach's Gen-Z oriented Coachtopia line, which makes products designed with at least 50% recycled leather fibers from waste that are supplied by Gen Phoenix, according to its website. Scott Roe, who is both chief financial and chief operating officer at Tapestry, said Coachtopia is a bellwether for younger consumers' spending habits. 'It's not that Coachtopia is so commercially massive, but it is helping us understand what's important to this really critical demographic,' he said. Roe would not say how much Coachtopia accounts for in Tapestry's total earnings, only that it is 'relatively small.' Gen Phoenix estimates that its materials have an 80% lower carbon footprint than virgin leather. The brands previously collaborated on an uncoated lining material that Coachtopia brought to market in under a year, said Elyse Winer, chief marketing officer at Gen Phoenix. As part of the investment, Gen Phoenix, which sources waste materials from European tanneries and factories, will supply recycled leather to Tapestry for three years. Gen Phoenix CEO John Kennedy said the company is eager to work with all of Tapestry's brands. Roe said it remains to be seen how the recycled material could be used in other product lines. "There's a lot of opportunities to redirect a lot of that waste stream,' he said.
Yahoo
3 days ago
- Business
- Yahoo
Tapestry to invest $15 million in recycled leather brand Gen Phoenix
(Reuters) -Coach and Kate Spade parent Tapestry will invest $15 million in eco-leather producer Gen Phoenix as part of an effort to make more sustainable leather goods, the companies told Reuters. Tapestry's investment will bring its stake in Gen Phoenix to 9.9%. Tapestry said the partnership will bolster its efforts to attract younger Generation Z consumers - those born from 1997 to 2012 - who have an appetite for sustainable leather goods. The companies' partnership began in 2022 with the launch of Coach's Gen-Z oriented Coachtopia line, which makes products designed with at least 50% recycled leather fibers from waste that are supplied by Gen Phoenix, according to its website. Scott Roe, who is both chief financial and chief operating officer at Tapestry, said Coachtopia is a bellwether for younger consumers' spending habits. 'It's not that Coachtopia is so commercially massive, but it is helping us understand what's important to this really critical demographic,' he said. Roe would not say how much Coachtopia accounts for in Tapestry's total earnings, only that it is 'relatively small.' Gen Phoenix estimates that its materials have an 80% lower carbon footprint than virgin leather. The brands previously collaborated on an uncoated lining material that Coachtopia brought to market in under a year, said Elyse Winer, chief marketing officer at Gen Phoenix. As part of the investment, Gen Phoenix, which sources waste materials from European tanneries and factories, will supply recycled leather to Tapestry for three years. Gen Phoenix CEO John Kennedy said the company is eager to work with all of Tapestry's brands. Roe said it remains to be seen how the recycled material could be used in other product lines. "There's a lot of opportunities to redirect a lot of that waste stream,' he said.
Android Authority
26-06-2025
- Android Authority
New fear unlocked: Your brand-new phone could turn into this moldy mess
TL;DR Porous materials, including some leather substitutes, are susceptible to getting damp and harboring the growth of mold. The new POCO X7 PRO features one colorway that includes just such an eco-leather panel on the handset's rear. Over on Reddit, one new X7 PRO owner has shared a pic that appears to show mold taking over the leather. You don't need to be a Last of Us fan to have a healthy fear of fungus, and anyone who's ever lived in a home infested with black mold can attest to how traumatic even seeing that first hint of it can be. And considering how often we're touching our phones everyday, holding them up against our faces, having a moldy phone is just about the worst thing we can imagine. That's exactly why we're feeling some second-hand discomfort upon checking out the image shared on Reddit by user Few_Combination5430 over on the site's POCO phone sub, detailing the fate of their new POCO X7 PRO: The X7 PRO comes in a few color variants — green, yellow, and black — and while the green and black options feature a dual-textured plastic back, the yellow version opts for a soft-touch eco-leather rear. The problem there is that while materials like metal, glass, and even plastic are relatively non-porous, that's not necessarily the case with artificial leather like POCO uses here. There are a lot of different ways to manufacture such materials, using polyurethane or even plant products, and depending on how that's done, these eco-leathers can have the same kind of porosity as natural leather. And just like real leather can get damp and moldy, that appears to be what's going on with the back of this X7 PRO. We've heard of phone cases getting moldy before, and while that's equally as gross, it's also something that's a little easier to move on from — diching the case, giving the phone's hard surfaces a through disinfecting, and picking up a new (maybe less porous) case. When it's your actual phone itself that's harboring a small fungal colony, the best path forward isn't as clear. Of course, prevention is often the best medicine, and you're probably much better off just avoiding a moldy phone in the first place. That means thinking about material choices when making your purchasing decision, and just keeping your phone away from particularly damp and humid conditions whenever possible. Got a tip? Talk to us! Email our staff at Email our staff at news@ . You can stay anonymous or get credit for the info, it's your choice.
