Columbia University

A new study finds that while many consumers have concerns about the immorality and unethicality of counterfeits, they still purchase them knowing it is wrong. But, understanding how people's self-assessed knowledge of luxury goods affects their moral stance toward counterfeits can help shape strategies to combat the scourge.

A US-headquartered startup that’s harnessing nature’s blueprints for function and colour to create regenerative fibres that plug and play in today’s fashion industry, has announced a $3.7M seed funding to develop the company’s first product — biodegradable protein fibres.