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.
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Created by BoF’s journalists and editors, in conjunction with our wider network of leading fashion creatives, thought-leaders, and innovators, Masterclasses are in-depth webinars with supporting resources, designed to deliver key learning outcomes on critical industry topics.
The 2013 collapse of Rana Plaza, a garment factory located in Bangladesh, killed over 1,000 people, sparked a reckoning for the fashion industry. The immediate aftermath of the tragedy saw the creation of the Bangladesh Accord, a groundbreaking safety agreement to increase oversight of factories and create a safe environment. Today, it’s been signed by 200 brands and is often used as a blueprint for new sustainability regulations, and Oris Oldenziel, executive director of the International Accord Foundation, encouraged brands to stay and grow in the region.
“The improved health and safety in the Bangladesh garment industry has contributed largely to that growth, and has given the brands the confidence to continue sourcing,” said Oldenziel.
In this Masterclass, BoF chief sustainability correspondent Sarah Kent Kent is joined by Michael Bride, the senior vice president of corporate responsibility and global affairs at PVH Corp; Oldenziel; Zehra Khan, the general secretary of the HBWWC Association and Ayesha Barenblat, founder and chief executive of Remake to unpack BoF’s case study “How to Avoid Another Rana Plaza” and reflect on the change the past decade has brought — and what can still be done.
Exclusive to BoF Professional members.
Labour rights activist Kalpona Akter and chief sustainability correspondent Sarah Kent reflect on where the industry stands a decade after the deadly factory collapse.
After the SAC’s Higg Index became a central focus for greenwashing allegations, the trade group commissioned an independent review. Its recommendations include scrapping a stand-alone materials assessment and more work to improve the data.
Soaring luxury goods prices have boosted turnover at companies like LVMH and Kering, helping them to report reductions in their ‘emissions intensity’ — the volume of planet-warming gases released relative to revenue.
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.