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Leather Sales Plummet at Prada

Luxury fashion brand reports a 22-percent decline in leather sales.

Italian-based fashion brand Prada reported a 22-percent drop in sales of its leather items for the first half of 2016. The company is facing declining sales of 15 percent across all geographical regions with leather goods, an historically profitable category for the company. In an attempt to revive company profits, Prada recently introduced two leather handbags—Prada Cahier and Miu Miu Dahlia—but still failed to increase consumer interest. The fashion brand plans to revive its brand image with refurbished stores and online partnerships. Meanwhile, brands such as Aritzia, Vagabond, and Hayden-Hartnett are opting for cruelty-free fibers to stay salient with consumer trends, and textile producers are creating innovative animal-free leather from pineapples, mushrooms, and kombucha.

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Tyson to Launch Plant-Based Meal Bowls

The meat company is disrupting itself to stay competitive as consumer habits shift toward animal-free foods.
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Pregnant Sisters Launch Vegan Dessert Sushi Brand

Vegan Rice Krispies Treats stand-in for sushi rice, and gelatin-free candies replace fish in creations made by sisters Kasia Mierzejewska and Emilia Augustyn for their allergen-free brand Sweet Sushi Factory.
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PG Tips Creates New Tea Aimed at Vegan Consumers

The nearly 90-year-old tea brand formulated a new blend that pairs perfectly with plant-based milk.
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Australia's First Vegan Hotel Restaurant Opens in March

New eatery Alibi—featuring a menu developed by vegan restaurateur Matthew Kenney—will occupy the ground floor of Ovolo Hotel in Sydney.
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Miami's Plant-Based SEED Food & Wine Festival Debuts in LA

SEED and Eat Drink Vegan will join forces this year to bring an epic vegan festival to Los Angeles.
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This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

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