Chanel 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.
LGBTQ 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.
Salomon 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.
Timberland 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 ...
Selfridges 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.
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 ...
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.
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.
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 ...
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.