CSR & Sustainability – Page 6
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ArticleLegero obtains top certification for environmentally-friendly new headquarters
Legero United, the Austrian-based footwear group that markets brands such as Legero, Superfit, Vios and Think, was awarded the highest certification by the Austrian Society for Sustainable Real Estate Management (ÖGNI). The company’s new headquarters in Feldkirchen, named the Legero United Campus, have a low CO2 footprint - around 28 ...
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ArticleSustainable financing becomes fashionable
The French fashion group Chanel in September became the latest company in the business to make use of sustainable financing, an increasingly important accessory in the portfolio of companies that are looking to lower their environmental footprint. Chanel offered €600 million in “sustainability-linked” bonds to finance the achievement of carbon ...
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ArticleHigg to launch Open Data Portal to validate brands’ sustainability claims
At the Copenhagen Fashion Summit, technology company Higg Co has unveiled its new Open Data Portal, introducing sustainability transparency to the apparel industry at a global scale. Expected to launch in 2021, the new portal, developed in partnership with the Sustainable Apparel Coalition (SAC), will feature access to the actual ...
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ArticleLenzing, Covestro help spearhead Renewable Carbon Initiative
Materials producers Lenzing and Covestro are among 11 companies from six countries that recently joined forces to launch the Renewable Carbon Initiative (RCI). The initiative, under the leadership of German research institute nova-Institute, aims to phase out the use of fossil fuels for all organic chemicals and materials by 2050 ...
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ArticleSioux, Puma, Adidas, Buffalo, Jenah St. take top honours at PETA Germany’s Vegan Fashion Awards 2020
Sioux, Puma, Adidas, Buffalo and Jenah St. are among the winners of PETA (People for the Ethical Treatment of Animals) Germany’s Vegan Fashion Awards 2020, announced last week. Aimed at promoting animal-friendly and environmentally conscious fashion, the animal rights organization’s awards were presented this year for the seventh time ...
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ArticleTexon unveils new 100% recyclable insole tech
Texon, the producer of materials for the footwear industry, has unveiled a new insole technology that is based on 85 percent recycled polyester (rPET) and is 100 percent recyclable. Texon Ecoline is produced with a special fusion-bonded process that enhances the internal bond structure of the material’s fibers, which are ...
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ArticleChanel issues €600 million in green bonds
The fashion house Chanel placed €600 million in sustainability-linked bonds, or green bonds, that will finance the achievement of carbon reduction targets outlined in its Mission 1.5° plan. The company aims to halve its own emissions by 2030, cut the greenhouse gas emissions of its supply chain by 10 percent ...
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ArticleLGBTQ collections become mainstream for the fashion, sportswear industry
The LGBTQ (lesbian, gay, bisexual, transexual and queer) fashion market has been growing over the last decade. In recent years, an unprecedented number of mainstream brands have begun to release LGBTQ collections.
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ArticleSalomon introduces a recyclable sneaker and sets up a recycling network
After three years of research and development, the French outdoor brand Salomon has presented the recyclable Index.01 running shoe, which will be on the market from February 2021. “To create the Index.01, we had to construct a shoe using only two materials that could later be separated and recycled,” explained ...
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ArticleTimberland announces ambitious sustainability goals
Timberland has not only announced that it wants to plant 50 million trees around the world over the next 5 years, but also to create a net positive impact on the environment by 2030. The latter, most ambitious goal includes that the VF Corp.-owned brand wants all of its products ...
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ArticleSelfridges launches Project Earth
Selfridges has launched Project Earth, an initiative which explores “more sustainable ways to shop” by setting new sourcing standards and creating repair, resale and rental businesses. Under the scheme, the British department store pledges that by 2025 it will only stock products that respect its new sourcing standards on cotton, ...
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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 a primary school ...
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ArticleEcco 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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ArticleH&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 of the group’s sustainability ...
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ArticleOne 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 tool will ...
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ArticleWGSN 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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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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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.
