All CSR & Sustainability articles – Page 14
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News briefs
Roccamore donates profits to needy women
Roccamore has completed its pledge to donate all profits over a 30-day period to single mothers, female refugees and other women. The Danish footwear company, which uses scrap leather in its women’s shoes, ended up raising £15,000 for 75 women. It ran the campaign in collaboration with Dress for ...
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Josef Seibel plans shoe factory in Africa
Josef Seibel Group plans to open a new shoe factory in Ukunda, Kenya, in autumn 2020. It is a humanitarian project by the German company’s chief executive, and president of the Federal industrial footwear and leather goods’ association HDS/L , Carl-August Seibel . He had already financed and built ...
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News briefs
Ferragamo obtains €250 million financing for ESG objectives
Salvatore Ferragamo has reached a €250 million financing agreement with the leading Italian bank Intesa Sanpaolo to fund environmental, social and governance (ESG) objectives as well as general cash flow needs. The financing is composed of a €125 million term loan credit line expiring in 2025 and ...
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Ecco joins expanding list of footwear firms boycotting Facebook
Denmark-based shoe manufacturer Ecco is continuously reviewing advertising efforts on social media platforms “to be in alignment with company values” after its U.S. arm earlier this month joined the growing list of footwear and other firms boycotting Facebook and Instagram to protest policies for handling online hate speech and misinformation. ...
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H&M unit Sellpy launches in Germany
Sellpy , the Swedish online second-hand retailing service owned at about 70 percent by H M , is being launched in Germany, marking its first move outside its domestic market. In a joint statement, the companies indicated that sustainable consumption and a circular textile economy are an integral part ...
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One thing is growing faster than online fashion sales: digital CMR
The Covid-19 pandemic has truly changed the rules of the fashion retail game, accelerating some trends that were already developing and leading to completely new scenarios that are testing the strengths of even the strongest brands. Digitilization is a major force in this scenario, but it is not growing fastest ...
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Farfetch launches tool to measure environmental impact of purchases
Farfetch has created a tool to measure the environmental impact of goods bought on its e-commerce platform. The software is part of its efforts to help customers make environmentally-sensible choices, thus promoting the purchase of second-hand items. The British company, that specializes in luxury fashion, claims that the ...
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News briefs
Amazon launches $2 billion fund to invest in decarbonization
Amazon has launched The Climate Pledge Fund to support the development of sustainable technologies and services that will enable the U.S. e-commerce retailer and other companies to meet a commitment to be carbon free, on a net basis, by 2040. The fund will have an initial $2 billion ...
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News briefs
Aldi launches climate-neutral sneaker
The German food discounter Aldi Süd has developed a climate-neutral sneaker under its own brand, Crane Pure , which will be on sale from June 10. The sneaker is made partly from recycled PET bottles, and the CO² emissions caused by production, transport and distribution are offset by a ...
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News briefs
Deichmann to support families in India during the current crisis
Deichmann , Europe’s largest shoe retailer, will support about 15,000 families in India who are affected by the lockdown of schools due to the current coronavirus epidemic. The Deichmann Foundation and a local partner, AMG , will donate rice, vegetables, sugar, salt, tea, detergent and soap to supplement the ...
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WGSN sees three major consumer groups emerging from the crisis
The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption. Thus, WGSN has set out to predict what consumers will be looking for in the next couple of years.
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News briefs
A new foundation to advise on sustainable and solid supply chains
A new platform, called the Sustainable Future Foundation (SFF) , has been launched to drive economic development in the U.K., U.S., and EU in the new world shaped by the Covid-19 pandemic. The SFF will be advocating and supporting exemplary sustainable practices across the finance, technology, fashion and retail sectors. ...
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Zalando sees 2020 revenues up by 10-20%
Zalando issued a new full-year guidance which takes into account the impact of the Covid-19 pandemic and sees gross merchandise volume (GMV) and revenues up by 10-20 percent. It noted that its forecast growth is significantly above the expected increase for the overall fashion industry.
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Vivarte prepares to reopen stores on May 11
Vivarte , the French retailer that owns the banners La Halle , Caroll and Minelli , will reopen its 1,350 stores after eight weeks of closure on May 11. Stringent hygienic rules will be introduced, especially for fittings.
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News briefs
UNIC webinar on May 5 to discuss tannery reopening guidelines
UNIC-Lineapelle will be holding a webinar on May 5, from 16:00 to 17:00, to present the ”Protocol on the Reopening of Tanneries in Italy.” The Italian tanners’ association reached an agreement on the guidelines with the trade unions on April 21, in view of the resumption of manufacturing at ...
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Prada resumes production in Italy
Prada has launched a gradual reopening in Italy of its prototyping and sample-making departments, which are essential for developing its forthcoming footwear, leathergoods and apparel collections. It is also introducing serological testing of all employees.
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News briefs
Jimmy Choo owner Capri aims for carbon neutrality
Capri Holdings , owner of Jimmy Choo , Michael Kors and Versace , announced targets to be 100% carbon neutral in its direct operations and to source 100% of its energy for its owned and operated facilities from renewable sources by 2025. Unveiling its first group-wide corporate sustainability strategy, ...
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News briefs
Burberry labels sustainability achievements
Burberry is rolling out new labeling globally to show how products meet sustainability criteria. The new, pistachio-colored labels provide information on how products meet so-called “positive attributes,” including the amount of recycled nature fibers in materials, delivery against carbon emissions standards and social policies such as paying workers a ...
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News briefs
Skechers makes donation to Petco
Skechers has donated more than $509,000 to the Petco Foundation , bringing its total contributions toward animal welfare agencies to more than $5.45 million. The latest donation stems from the proceeds of the Bobs from Skechers collection. Petco is helping pet shelters and other such agencies in the ...