The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
"François-Henri Pinault, Kering Chief, on Why Green Is the New Black" (The New York Times)
"'We see our efforts as strategic long-term investments, not short-term costs,' [Pinault] said, rebutting the idea that sustainability and luxury could not go hand-in-hand in an industry built on continual consumption."
"Defiant, Fashion Marches Against Trump"
"The fashion industry was out in force — online, offline and worldwide — to participate in Saturday's Women's March."
"Victoria's Secret Looks to Uncover Supply Chain Issues" (Reuters)
"Parent company L Brands said it aimed to eliminate sources of wood pulp, used to make rayon, viscose and modal, that contribute to rainforest destruction or violate the rights of local people."
"UK Workers Paid Just £3 an Hour to Make Clothes for River Island and New Look" (Reuters)
"The investigation found Leicester-based Fashion Square Ltd and United Creations Ltd, where the clothes were made, paid their employees between £3 and £3.50 per hour."
"How Wearing Veja Sneakers Helps Protect the Amazon Rainforest" (Highsnobiety)
"Now, Veja works closely with partners such as the state of Acre as well as actors like the WWF in successful projects like the Sky Rainforest Rescue scheme."
This week, New York played host to one of the world’s largest climate confabs, but there was little visible presence from fashion’s biggest companies. If the industry doesn’t pull up a seat at the table, it risks getting left behind.
The Chinese company hopes to alleviate its environmental impact through programmes like EvoluShein, which focuses on producing garments out of recycled polyester and reducing waste from unsold clothes.
On the heels of New York Fashion Week, the city is set to host a major climate summit running alongside a meeting of the UN General Assembly this coming week with implications for fashion. Here’s what to watch.
The industry isn’t planning for rising temperatures and intensifying flooding that could slash export earnings in just a handful of key manufacturing hubs by $65 billion by 2030, a new report finds.