AP PHOTOS: Designer Julien Fournie’s showcase is a movie

first_imgPARIS (AP) — The new face of Paris Fashion Week is digital.  With shows taking place behind closed doors due to the virus pandemic, some designers such as Julien Fournie are becoming versatile: getting their designs out to the public by making a film of their collection and streaming it online. The designer says he started out learning how to draw, but now he realizes he also needs to learn how to become a filmmaker. He was speaking at a behind-the-scenes preview of his spring-summer 2021 couture movie filming. The fashion industry — along with the retail industry in general — has been hard-hit by pandemic restrictions.last_img read more

Dutch pension funds PFZW, PME to remain invested in fossil fuels

first_imgCurrently, PFZW has invested approximately 7.5% of its total assets in coal, oil and gas.The pension fund said its engagement process focused mainly on coal, and that it aimed to identify the long-term risks for the companies involved, as well as encourage the application of cleaner technologies such carbon capture and storage (CCS).In addition, it said it was urging politicians and decision-makers to develop “uniform and solid long-term policies” to make investing in climate-change solutions more attractive for institutional investors.As of the end of 2013, PFZW had invested 3% in “solutions for social issues”, such as climate change and food and water shortages.It said it wanted to increase this allocation fourfold over the next five years and halve its investments’ carbon footprint.Last week, the €396bn asset manager APG announced that it expected to remain invested in fossil fuels for “the time being”.Responding to a petition against investments in coal, tar sands and shale gas, presented by members of the accountability body of civil service scheme ABP – APG’s largest client – as well as several professors and environmental group Milieudefensie, APG spokesman Harmen Geers said divesting from coal within two years would be “too abrupt”.He said ABP supported a sustainable climate policy but wanted to achieve this goal “gradually”.Currently, the civil service scheme has a €30bn stake in energy and energy-linked infrastructure.David van As, director of the €48bn pension fund for the Dutch building sector (BpfBouw), told IPE investments in fossil fuels had not yet been discussed by the scheme’s board.Meanwhile, PME, the €40bn pension fund for the metal and electro-technical engineering industry, said it would also would remain invested in fossil fuels whilst conducting an engagement process with energy companies for a gradual transition to sustainable energy sources.PME spokeswoman Gerda Smits added that pension funds should work together with politicians to develop climate-change solutions.PME has a 4% exposure to fossil fuels. The €162bn healthcare pension fun PFZW has said it will continue investing in fossil fuels for the foreseeable future “as they are still vital for economic development and transport”. The Dutch scheme, however, acknowledged the need for a transition to sustainable energy sources.It also noted that it had already begun to engage with companies that either extract fossil fuels or use them for energy generation.PFZW’s response was triggered by recent scrutiny in the local media of Dutch schemes’ involvement in fossil fuels and their effect on the climate, as well as the so-called ‘carbon bubble’ – the risk of overvaluing reserves that may never leave the ground due to new climate measures.last_img read more

BUSINESS: 65 PEOPLE NOW EMPLOYED AT KELLY’S MOUNTAIN TOP AS BUSINESS GROWS

first_imgTHEY’VE been very busy at Kelly’s Centra and American Diner at Mountain Top in recent days – and no wonder.Sixty-five local people now work at the Letterkenny complex famous for its great value in the shop and delicious food at the American-style Diner.Owner Mairtin Kelly has added 20 new positions over the past year; and in the past few days he has added 24 additional car-parking spaces to cater for the growing number of customers. The outdoor launderette and parcel motel are still there, moved to the side to make them more convenient for customers.Inside the Centra store, his ‘Live Well’ range of healthy foods is flying off the shelves.“We were the first to introduce the healthy foods range and its popularity is clear in the demand and our need to increase shelf space for it by 300 per cent,” says Mairtin.“The Deli counter is as popular as ever and all tastes are catered for.” It’s the same in Kelly’s Diner, the American-themed menu is hugely popular with customers who come from near and far.“Local people love it but the restaurant has been popular with tourists this year too; we’ve had visitors from a dozen different countries over the summer,” says Mairtin.The businessman is proud of how the Mountain Top facility has continued to grow and expand its range of goods and services over the past two year.“We are one of the biggest employers in Letterkenny now and that’s a huge success story,” he says.That success has not gone unnoticed, having picked up Centra Store of the Year among a series of gongs this year. “It’s onwards and upwards as far as we are concerned,” says Mairtin.“I have a great team here and we put the customer first at all times. We like to think we have everything for the busy family, but if we don’t, we’ll get it for them.“We’ll always have offers on, whether that’s in the Diner through the week and at weekends or in the Centra store where customers can avail of great value in the large range of fresh foods and artisan breads.“I’m proud of my team and so grateful for the support we have received from our very loyal customers.” BUSINESS: 65 PEOPLE NOW EMPLOYED AT KELLY’S MOUNTAIN TOP AS BUSINESS GROWS was last modified: September 30th, 2015 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Kelly’s CentraMairtin KellyMountain Toplast_img read more