Fashion Accountability
Business Of Fashion|January 2023
The fashion industry is the second largest polluter, and the calls for the industry to do more to mitigate its adverse impacts have always been louder.
Fashion Accountability

Remake's 2022 Fashion Accountability Report finds a few promising trends, but maintains that much more should be done to bring sustainability and social justice to manufacturing hubs such as Bangladesh, Cambodia, Sri Lanka and Pakistan, among other places. The report underscores that sustainability is being driven by a handful of companies, underscoring the need for policy and binding agreements. For the report, Remake reviewed 58 large companies, including Chanel, Inditex, Levi's and All birds, on their progress towards social and environmental goals across six categories: traceability, wages and wellbeing, commercial practices, raw materials, environmental justice, and governance. However, the advocacy group decided not to score small sustainable brands earning less than $100 million in annual revenue and self-described as sustainable or ethical, as, it claims, that since the organization's measurements are designed to hold large corporations accountable.

Traceability

The report maintains that at present traceability in fashion continues to be led by a handful of companies, while the majority of the industry knows little, or reveals little, about where it manufactures its goods. It observes that tracing this far into the supply chain is more challenging, but several companies are accomplishing it. Reformation, for example, published 85% of its tier 3 facilities, while Columbia Sportswear published approximately 80% of its tier 3 processing facilities by business volume, and Victoria's Secret & Co. 'has begun the work' of tracing its spinning mills and other tier 3 processing facilities. However, ASOS and PUMA published supplier lists that fully disclose suppliers all the way down to tier 3, to a detail sufficient to meet The Transparency Pledge, becoming the two companies with the greatest level of traceability.

Wages & Wellbeing

هذه القصة مأخوذة من طبعة January 2023 من Business Of Fashion.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 2023 من Business Of Fashion.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESS OF FASHION مشاهدة الكل
Menswear Brand The Pant Project Launches Landour-inspired Winter Collection
Business Of Fashion

Menswear Brand The Pant Project Launches Landour-inspired Winter Collection

Menswear brand The Pant Project has introduced its latest collection, 'Into the Woods.'

time-read
1 min  |
January 2025
Wacoal Unveils Largest Flagship Store in India at Phoenix Palladium, Mumbai
Business Of Fashion

Wacoal Unveils Largest Flagship Store in India at Phoenix Palladium, Mumbai

Premium Japanese lingerie brand Wacoal has opened its largest flagship store in India at Phoenix Palladium in Mumbai.

time-read
1 min  |
January 2025
UNIQLO Opens 15th Store in India at Pacific Mall, New Delhi
Business Of Fashion

UNIQLO Opens 15th Store in India at Pacific Mall, New Delhi

UNIQLO has opened its 15th store in India, located at Pacific with the start of the brand's Arigato Festival, a limited-time event running from November 29 to December 5, 2024, to thank customers for their support.

time-read
1 min  |
January 2025
'DCYPHR' Yourself: Redefining Athleisure
Business Of Fashion

'DCYPHR' Yourself: Redefining Athleisure

Founded on the belief that style should be inclusive, Aasheesh Mediratta's brand, DCYPHR, empowers individuals to feel confident and unapologetically themselvesno matter their background or origin...

time-read
5 mins  |
January 2025
JUST LIL THINGS: Transforming the Fashion Accessory Market with 30X Growth in 15 Months
Business Of Fashion

JUST LIL THINGS: Transforming the Fashion Accessory Market with 30X Growth in 15 Months

Kreative Digitals' expertise in targeting the right audience and optimising ad performance helped JLT achieve exponential growth in both revenue and customer acquisition...

time-read
2 mins  |
January 2025
INDIA FASHION FORUM 2025:
Business Of Fashion

INDIA FASHION FORUM 2025:

India Fashion Collaboration From Peers to Partners

time-read
10+ mins  |
January 2025
The Power of Automated Logistics
Business Of Fashion

The Power of Automated Logistics

How ClickPost empowered Arvind Fashions to revolutionise logistics and enhance customer experience...

time-read
2 mins  |
January 2025
Lifestyle Expands its Retail Presence with 3rd Store in Surat
Business Of Fashion

Lifestyle Expands its Retail Presence with 3rd Store in Surat

Fashion retailer, Lifestyle has announced the opening of its third store in Surat.

time-read
1 min  |
January 2025
METRO BRANDS: Strong Growth, Strategic Expansion & Robust Financial Discipline
Business Of Fashion

METRO BRANDS: Strong Growth, Strategic Expansion & Robust Financial Discipline

With plans for significant store expansions and a focus on sports-inspired fashion, Metro is poised to leverage emerging consumer trends and drive sustained growth across various segments...

time-read
6 mins  |
January 2025
Exploring Materials & Innovation for Fashion
Business Of Fashion

Exploring Materials & Innovation for Fashion

A panel of experts in fashion retail sustainability brought to the fore insights from top global companies with a focus on preferred sourcing strategies to strengthen the industry's future resilience...

time-read
9 mins  |
January 2025