Mushroom leather is wrapping up some pretty healthy profits. The fungi-based fabric has officially arrived with such big brand names as Adidas, Lululemon, Stella McCarthy, and Tommy Hilfiger turning out handbags, sneakers, yoga mats, and even pants made from mushroom leather.
According to the latest data from Grand View Research, the vegan fashion market was valued at 396.3 billion in 2019, with a projected annual growth of 14 percent.
And that was before mushroom leather started cropping up in some unlikely places.
The latest to embrace mushroom leather is Mercedes-Benz. It has outfitted the interior of its VISION EQXX, a sleek, new luxury electric car prototype, with mushroom leather. …