Prada is launching a rehashed collection of its iconic Nylon range, using sustainable and recycled plastics. This effort to implement a circular approach addresses the growing consumer demand for more sustainable and ethical supply chains throughout the fashion world.

The joy of popping tags from box-fresh products is diminishing slightly as people show a greater appreciation for second-hand treasures. Increasingly conscious of the ethical and environmental impact of their purchases, many shoppers are embracing pre-loved goods and rental services to experience high-quality trappings in a more sustainable manner.

Dripping with diamonds might once have been the ultimate status symbol, but these days buying organic is equally likely to win you prestige. Canvas8 spoke with Elizabeth Currid-Halkett, a consumer economy expert, to understand how markers of social status in America are currently evolving.

Luxury French watchmaker Baume is moving away from diamonds and gold towards more eco-friendly materials. As people become more aware of the environmental impact their consumption has, they're buying in line with new values – even for the most luxurious purchases.