Japan startup spins profitable future for synthetic spider silk
Spiber Inc develops super-strong fibre used in North Face's US$1,000 "Moon Parka"
Tokyo
LATER this year, outdoor-gear retailer North Face will offer its environmentally conscious shoppers at its outlet in Tokyo's posh Harajuku fashion district a chance to save the planet.
North Face's outlets in Japan will sell a US$1,000, special edition "Moon Parka", a gold-coloured jacket based on the design of its existing Antarctica parka but made of synthetic spider silk, a super-strong material developed by Spiber Inc.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Holiday Inn owner IHG’s Q1 revenue up 2.6%, leisure travel demand remains strong
WSJ moves Asia headquarters from Hong Kong to Singapore
South Korea to slap fines on food suppliers for ‘shrinkflation’
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Live Nation’s revenue beats estimates as boom in concerts drive ticket sales
Jim Beam owner bets on canned vodka cocktails to double revenue