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.
The Competition and Markets Authority (CMA) said Friday it has launched a review of environmental claims made by fashion companies, making the sector its first priority in efforts to tamp down on misleading sustainability marketing.
Big fashion brands are increasingly using eco-friendly claims to promote their products, responding to consumer appetite for more ethical purchases. But those claims are also facing growing scrutiny. The Netherlands is also investigating the validity of the apparel sector’s sustainability marketing.
The CMA’s review follows its publication of a new set of guidelines for green marketing in September. The organisation is now looking at how sectors measure up, starting with fashion.
“Our work so far indicates that there could be issues with greenwashing in the fashion sector and that’s why we’ve prioritised this area for further investigation,” Cecilia Parker Aranha, the CMA’s director of consumer protection, said in a statement. “Now is the time for the fashion industry to take a fresh look at what they’re telling customers and make any changes needed to comply with the law. Businesses that can’t back up their claims risk action from the CMA and damage to their reputation in the long-run.”
Learn more:
How Sustainability Is Changing Fashion PR
Growing demand for ethical products is creating new business opportunities — and new responsibilities — for PR professionals.
China’s jewellery market is surging double-digits but in the face of growing competition from local players some international brands are only seeing subdued returns.
The State of Fashion: Beauty finds that brands have a growing opportunity to tap into emerging wellness subcategories — from sleep to sexual intimacy to ingestible beauty — by upgrading existing products or expanding portfolios, provided they do so with credibility and authenticity.
The brand on Monday revealed its 2023 “Blue Book” collection of high jewellery, a series of intricate pieces priced upwards of $75,000 that marks the brand’s first high jewellery collection since bringing on former Cartier designer Nathalie Verdeille as chief artistic officer in 2021, as well as the first collection fully developed under LVMH.
The tech giant unveiled its new augmented-reality headset, showing off a variety of features and uses as it tries to create the first mainstream consumer hit in the category.