Company History and Development - The company started in 1987 under the name Rundi Enterprise, later known as Lur [4] - In the early 1990s, the company participated in shoe exhibitions in Germany but initially received no orders for three consecutive years [4][5][6] - The company achieved a breakthrough by securing two international orders from Japan and Lebanon at a GDS exhibition [6] - By 1997, after 10 years of OEM business, selling to 40 countries, the company launched its own brand, Lur [7] Sustainable Fashion Initiatives - The company is exploring the use of oil palm waste to create wood for high heel shoes [12][13] - The company is also utilizing pineapple leather (Piñatex) for sustainable shoe production [14][15] - KL Green Fashion was formed to promote sustainability and green fashion, using materials like pineapple leather, apple leather, oyster shells, and recycled PET bottles [17][18][19] - The fashion industry faces challenges with 92 million tons of textile waste being burned or dumped annually, with only 1% being recycled [16] Collaborations and Recognition - The company collaborated with Jimmy Choo, which provided significant learning opportunities and exposure [6][7][8] - The company designed shoes for Kate Middleton as a national present from the Queen in 2014 [9] - The company has designed for Malaysian queens and collaborated with top designers at London Fashion Week from 2010 to 2012 [10] - In 2017, the company designed a pair of shoes valued at 5 million MYR, recognized by the Malaysia Book of Records [11]

Environmental Impact of Fast Fashion - Only 16% of donated clothes are reused, with the remainder being incinerated or landfilled [4] - Kenya receives over 300 million synthetic garments annually, contributing to plastic pollution in the Nairobi River [4][5] - By 2050, textile waste production is projected to exceed 150 tons per year [5] - A typical garment is worn approximately 7 to 10 times before disposal [18] Circularity and Sustainability Solutions - The fashion industry needs to reimagine the whole system to prioritize waste prevention [7] - Circularity, a model that keeps materials in use for as long as possible, involves designing better goodbyes, building support systems, and redefining value [8][9] - Designing clothes for second lives includes choosing durable fabrics and trims that are easily repairable [11] - Technology, such as AI and GPS, can help scale individual behavior by providing guidance on clothing disposal and routing materials efficiently [14][15] Policy and Cultural Shifts - California passed the nation's first responsible textile recovery act, holding brands and retailers accountable for fashion waste [7] - A cultural shift is needed to value rewear, remove the stigma from buying used, and celebrate second acts for clothes [19] - Consumers can support secondhand and upcycling designers, test circularity tools, and donate wearable clothes [21]

The fashion industry used to be PETA’s main target. But thanks to changing tastes—and better faux options—the industry is no longer enemy number one. https://t.co/4OShbtD1Q4 ...

Core Insights - The recent launch of Lululemon's flagship store in Brussels attracted significant consumer interest, indicating strong demand for its products [1] - The focus is on identifying undervalued companies with strong fundamentals, particularly in sectors like Oil & Gas and consumer goods, which may offer substantial returns [1] - Energy Transfer is highlighted as a company that was previously overlooked but has shown potential for long-term value [1] Company Analysis - Lululemon's new store opening suggests a positive reception and potential growth in the consumer goods sector [1] - Energy Transfer is mentioned as a company that has strong cash flows and fundamentals, making it an attractive investment despite previous market sentiment [1] Investment Strategy - The investment approach emphasizes long-term value investing while also considering deal arbitrage opportunities in various sectors [1] - There is a preference for companies that are well understood, avoiding high-tech and certain consumer goods sectors that are less comprehensible [1]

Group 1 - The company Kandal M Venture Limited reported customer orders totaling approximately US$6,722,000 for the fiscal year ending March 31, 2026, with orders for the Resort 2026 and Spring 2026 seasons meeting expectations [2][3] - The company aims to increase orders and expand its operations to enhance its geographic presence and customer base [3] - Kandal M Venture Limited specializes in manufacturing affordable luxury leather goods, including various types of handbags and smaller leather items like wallets, with manufacturing operations based in Cambodia [4]

Shein begins offering other fashion brands access to its apparel manufacturing network in China as a service, sources say, as it seeks new revenue streams amid pressure on its retail business from US tariffs https://t.co/gp4zKitWPf ...

Luca de Meo shuffled the senior ranks at Kering's Gucci label as the new chief executive officer seeks to revive the fortunes of the struggling fashion group https://t.co/npzFkuYrIB ...

Marketing Strategy - When not the market leader, companies should focus on a unique angle [1] - Fast food brands like Five Guys advertise as premium due to McDonald's market dominance [1] - Ride-sharing apps like Lyft emphasize friendliness because Uber is the largest [1] - Online retailers like Etsy promote uniqueness given Amazon's size [1] - Coffee brands like Duncan highlight daily routine due to Starbucks' market position [1] - Fashion brands like H&M advertise affordability because Zara is the biggest [1]

Business Overview & Strategy - The business was born from a personal realization of wanting genuine luxury products but being unable to afford them, aiming to change that for other women [1] - The company's idea is to curate surplus designer inventory and offer it at prices that make high-end pieces attainable, focusing on real luxury rather than fake goods [1] - The company started with pop-ups in Delhi, later expanding to new cities like Mumbai, Kolkata, and Hyderabad, and is gradually building an online presence [2] Challenges & Achievements - Initially, designers were hesitant to partner with an untested venture, and customers were skeptical about affordable luxury [1] - The company has successfully helped over 70 brands liquidate more than 4500 Crores (approximately $540 million USD, using a rough conversion of 83.3 INR/USD) worth of inventory [1] - The speaker emphasizes the importance of self-belief and resilience in building a business, especially as a woman entrepreneur and mother [1] Core Values & Lessons - Premium living is about access to beauty, quality, and feeling worthy of beautiful things, not just the price tag [2] - Respect for work comes from understanding its absence, especially after experiencing both having everything and losing it [2] - True luxury is making others feel luxurious, highlighting the importance of making meaningful things accessible to others [2]

Giorgio Armani’s clear blue eyes noticed everything—including that a colleague’s tie, 1.5cm too long, spoiled the balance of his outfit. Our obituary of the Italian designer who was the arbiter of every detail of his life https://t.co/Ubp9FCQg9IPhoto: Getty Images https://t.co/Ere4d6FEjm ...