'Sustainable' A Gimmick No More
Business Of Fashion|September 2022
Across geographies, customers are increasingly purchasing from fashion brands that they truly believe to be sustainable. The term cannot merely be used as a marketing gimmick anymore as the discerning customer of today can see right through the smokescreen. Fashion brands thus help decipher how brands can gradually incorporate green measures in their business operations.
Yash Bhatia
'Sustainable' A Gimmick No More

Sustainability in fashion retail has become a powerful value for the eco-consumer. The concept came into prominence even before the pandemic hit the world but has since piqued the interest of the entire retail fraternity. Driven by the shift in consumer behaviour towards environmentally healthy business practices, the retail world is making a desperate attempt to make the planet a truly better place. Across the world, fashion retailers and brands are looking to contribute to this change and reduce their impact on the environment by following eco-friendly business S proposition conscious practices. In fact, a recent report by Shopify suggests that half (50 per cent) the customers globally are looking to buy from brands that have a clear commitment towards sustainability. This data simply shows that now brands do not have the luxury to ignore sustainable practices. Another report, 'State of Fashion 2021' by McKinsey, states that armed with customer insights, companies can reset their long-term strategies. It is believed that 'The most fertile ground for redirecting investment into opportunities will be in the areas of digitalisation and sustainability. Building a sustainable brand looks simple, but requires a lot of change in strategies and policies from the brand's side.'

Better your Approach

هذه القصة مأخوذة من طبعة September 2022 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 September 2022 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
Alia Bhatt's Ed-a-Mamma expands offline with first store at Jio World Drive, Mumbai
Business Of Fashion

Alia Bhatt's Ed-a-Mamma expands offline with first store at Jio World Drive, Mumbai

Ed-a-Mamma, Ed the eco-conscious clothing brand founded by Alia Bhatt, has launched its first standalone store at Jio World Drive in Mumbai. The brand specialises in sustainable kids and maternity wear, aiming to promote responsible fashion choices among families.

time-read
1 min  |
November 2024
Foot Locker comes to India with Metro Brands Ltd, launches first store at Select City Walk
Business Of Fashion

Foot Locker comes to India with Metro Brands Ltd, launches first store at Select City Walk

Foot Locker inaugurated its omnichannel launch in India on October 19th with Metro Brands Ltd managing physical stores and Nykaa Fashion overseeing its e-commerce operations.

time-read
1 min  |
November 2024
Timex Group India Ltd reports record-breaking quarter, surges 37% in revenue
Business Of Fashion

Timex Group India Ltd reports record-breaking quarter, surges 37% in revenue

Timex Group India Ltd has recorded its most successful quarter to date. With the company marking its 170th year, TGIL reported an all-time high revenue of Rs 172 crore for Q2 FY25.

time-read
1 min  |
November 2024
Honasa Consumer Ltd. names Dr.Kaustav Guha as Vice President of R&D
Business Of Fashion

Honasa Consumer Ltd. names Dr.Kaustav Guha as Vice President of R&D

Hana onasa Consumer Limited has Lannounced the appointment of Dr. Kaustav Guha as Vice President of Research & Development. In this role, Dr. Guha will enhance the company's R&D capabilities and drive product innovation across Honasa's portfolio, which includes brands like Mamaearth, The Derma Co., Aqualogica, Bblunt, and Dr. Sheth's.

time-read
1 min  |
November 2024
TechnoSport expands retail footprint with largest store in Tiruppur
Business Of Fashion

TechnoSport expands retail footprint with largest store in Tiruppur

Active sportswear manufacturer, TechnoSport launched its largest retail store in Tiruppur, marking a step forward in its expansion strategy across India. This store, spanning 1,500 square feet, aims to meet the rising demand in Tiruppur and surrounding areas.

time-read
1 min  |
November 2024
Cantabil expands nationwide with 13 new stores
Business Of Fashion

Cantabil expands nationwide with 13 new stores

Cantabil antabil Retail India Ltd. has announced the opening of 13 new stores in October, increasing its store count to 569 across India. This expansion adds locations in cities such as Zirakpur, Dehradun, Pilibhit, Pune, Jaipur, Jodhpur, Lucknow, Prayagraj, Vadodara, Aurangabad, and Sagar.

time-read
1 min  |
November 2024
IFF Sustainability Conclave: Rishi Suri on How LYCRAⓇ XTRA LIFE™ Improves Garment Lifespan
Business Of Fashion

IFF Sustainability Conclave: Rishi Suri on How LYCRAⓇ XTRA LIFE™ Improves Garment Lifespan

In a presentation by Rishi Suri, Business Development Director (South Asia), The LYCRA Company, the audience was treated to insights on 'Embracing Durability with LYCRA® XTRALIFE. The presentation highlighted innovations contributing to sustainable fashion practices... In a presentation by Rishi Suri, Business Development Director (South Asia), The LYCRA Company, the audience was treated to insights on 'Embracing Durability with LYCRA® XTRALIFE. The presentation highlighted innovations contributing to sustainable fashion practices...

time-read
4 mins  |
November 2024
Duke Fashions (India) Ltd.
Business Of Fashion

Duke Fashions (India) Ltd.

Founded in 1966 by Komal Kumar Jain, Duke Fashions has established itself as a pioneering brand in the Indian apparel and footwear industry.

time-read
2 mins  |
November 2024
THE INDIAN DENIM MARKET IN 2024: An Analytical Overview
Business Of Fashion

THE INDIAN DENIM MARKET IN 2024: An Analytical Overview

The Indian denim market is poised for significant growth, with a projected compound annual growth rate (CAGR) of 15% from FY2023 to FY2028. By FY2028, the market size is expected to reach USD 7.82 billion...

time-read
10+ mins  |
November 2024
Orry x Flying Machine capsule collection launches in Bengaluru
Business Of Fashion

Orry x Flying Machine capsule collection launches in Bengaluru

Apparel brand Flying Machine has launched its limited-edition Orry x Flying Machine capsule collection in Bengaluru after a successful debut in Delhi.

time-read
1 min  |
November 2024