Corporate Bits | H&M and M.I.A collaborate for world recycle week

Artist M.I.A

H&M is collaborating with artist and singer M.I.A. on a new music video to support H&M’s latest global initiative, World Recycle Week.
According to a statement, H&M aims to collect 1,000 tonnes of unwanted or worn out garments from customers worldwide across more than 3,600 stores by the end of the program.
The initiative is part of H&M’s goal to close the loop in fashion, recycling unwanted garments to create recycled textile fibers for new products.
Since H&M first launched Garment Collecting in 2013, the company has collected over 25,000 tonnes of clothing, according to a statement. H&M introduced its first garment range made from recycled textile fibers two years ago.
Customers are encouraged to bring any unwanted and worn out garments and textiles, from any brand and in any condition, to any H&M store. By doing so fewer garments will go to landfills and, in return, customers will receive vouchers to use at H&M.

‘Aux Beaux Arts’

mgm’s ‘aux beaux arts’ to dish up milk-fed lamb

MGM Macau is bringing the traditional Basque-style milk-fed lamb from the southwest Pyrénées-Atlantiques region of France to its Aux Beaux Arts restaurant next month.
The lambs are fed on the mother’s milk only, and the exclusive diet gives the meat unique characteristics. According to MGM, the meat is tender with an extremely delicate taste and aroma.
Elie Khalife, Chef de Cuisine of Aux Beaux Arts, will showcase his creativity with the meat using the finest cuts of shoulder, rack and saddle, with a wide variety of exquisite French culinary art.
The restaurant will also offer the “Sommelier Selection” to pair up with this seasonal offering. The chef’s recommendation of the milk-fed lamb menu is available throughout April.

avon to cut 2,500 jobs, move hq from nyc to uk

Avon Products Inc. says it is cutting 2,500 jobs and moving its headquarters from New York to Great Britain.
The move comes after the cosmetics giant sold its North American business to private-
equity firm Cerberus.
Avon had 28,300 employees outside its sold-off North American operations at the end of December. It said this week it will book a USD60 million charge in the current quarter due to the layoffs.
The company said it expects to save $50 million this year from payroll cuts and the closure of open positions. Starting in 2017, it expects to save around $65 million to $70 million a year.
Avon will keep facilities in Suffern and Rye, New York, and remain incorporated inNew York. Its stock will still trade on the New York Stock Exchange.