All CSR & Sustainability articles – Page 15
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News briefs
Keen donates up to $20,000 to wildfire relief efforts
While devastating fires in the states of Oregon, Washington and California on the U.S. west coast threaten and destroy lives, property and nature, the footwear brand Keen has decided to donate 1 percent of its U.S. sales from keenfootwear.com, up to a total of $20,000, to relief programs. The money ...
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News briefs
Vivobarefoot obtains B Corp certification
Vivobarefoot has obtained B Corporation certification, which is granted to businesses that “meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose,” according to B Lab, a non-profit organization that manages the certification scheme. Vivobarefoot was founded by its chief ...
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Article
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.
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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. “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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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 ...
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News briefs
Lanxess sells organic leather chemicals business, launches Adiprene Green
The German specialty chemicals company Lanxess is selling its organic leather chemicals business to TFL Ledertechnik. The purchase price is made up from a fixed component of €80 million and a performance-related component of up to €115 million. In addition, TFL will assume certain liabilities associated with the business. Lanxess ...
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Article
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. 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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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 Success, ...
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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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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 a €125 million ...
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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 of the group’s sustainability ...
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Article
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 tool will ...
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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 endowment and ...
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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 certified climate ...
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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 daily lunch and ...
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Article
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. The ...