Though sadly, Bloomberg’s Robert Williams can’t stop himself from taking a swipe at animal-rights activists in the lede.
Italian fashion house Gucci plans to drop animal fur from its collections, showing how concerns about responsible business practices that originated with the Birkenstock brigade have galvanized an industry known for its celebration of excess.
The Milan-based maker of $1,000 fur-lined slippers, part of French luxury conglomerate Kering, will sell its remaining fur items in a charity auction, the company said in a statement Thursday, citing the “deprivation and cruelty suffered by fur-bearing animals.”
The move, effective next spring, comes as high-end brands join consumer-goods giants like Unilever and Nestle SA in responding to growing ethical, environmental and social awareness among consumers, especially millennials. The luxury industry’s use of animal skins has become a touchstone of these concerns for protesters who have flocked to fashion shows around the world.