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.
Hindmarch’s label announced it would donate all of its profits from sales over the high traffic sales weekend this holiday season to the environmental charity Voice For Nature.
“I get why people are doing [Black Friday,] and I’m not pointing fingers, but for us, we’re just not going to do it because it moves January sales into November,” Hindmarch told BoF. “Environmentally ... it feels wrong to be on an endless churn.”
Allbirds similarly announced a subversive approach to the sales weekend. The direct-to-consumer sneaker brand favoured among Silicon Valley’s tech crowd said in early November that instead of running a sale tied to Black Friday to drive holiday purchases, the company would increase prices by $1 with a company match of $1, the proceeds of which would benefit climate activist Greta Thunberg’s organisation Fridays For Future.
”With a little more consciousness around how we consume, we can all tread lighter on the planet. What better time to start living a more balanced life than on Black Friday?” the company said in a press release.
Other brands participating in the Black Friday “boycott” include UK-based Baukjen, Isabella Oliver and beauty brand Deciem. The stand against “hyper-consumerism,” as Deciem calls it, is even more pronounced in a year when the global Coronavirus pandemic has challenged retail, as fashion brands fight for every sale to stay afloat.
The fashion industry continues to advance voluntary and unlikely solutions to its plastic problem. Only higher prices will flip the script, writes Kenneth P. Pucker.
The outerwear company is set to start selling wetsuits made in part by harvesting materials from old ones.
Companies like Hermès, Kering and LVMH say they have spent millions to ensure they are sourcing crocodile and snakeskin leathers responsibly. But critics say incidents like the recent smuggling conviction of designer Nancy Gonzalez show loopholes persist despite tightening controls.
Europe’s Parliament has signed off rules that will make brands more accountable for what happens in their supply chains, ban products made with forced labour and set new environmental standards for the design and disposal of products.