ESG Sustainable Procurement News and Updates
"Ethical Fashion Brands" News Archive
Gucci Joins the Ellen MacArthur Foundation as a “Strategic Partner”
Italian fashion house Gucci has joined the Ellen MacArthur Foundation as a strategic partner as part of its ongoing commitment to achieving positive change for both people and the planet.
Parent Companies of Zara, Uniqlo and H&M Invest 40 Million Euros in Infinited Fiber Company
The Finnish fashion and textile technology company Infinited Fiber Company has completed a 40 million-euro funding round from new investors such as Inditex, TTY Management, Youngone and Goldwin, as well as its existing ones.
How Aje Became Pioneers of Australian Eco-Fashion
Dedicated to effortless cool, Aje handcrafts heritage items to last that balance firmness with femininity.
Fashion Network Brand in Focus: C.O.R
A London-based label founded by British-Iraqi designer/DJ Yesawi, "Children of Revolution" combines culture, craftsmanship, and sustainability, showcasing a military-inspired aesthetic
Stella McCartney Unveils the Hult Prize for Revolutionizing Fashion with Banofi
Banofi, a banana leather producer, has won the Hult Prize's first-ever fashion-focused competition, earning $1 million in seed funding for their innovative sustainable leather made from discarded banana waste, presented by Stella McCartney.
EU Greenwashing Ban Receives the Green Light
The European Union has banned vague environmental marketing claims, requiring terms like "environmentally friendly" and "climate neutral" to be backed by concrete evidence, marking a significant move to combat greenwashing and protect consumers.
Allbirds Invests $2 Million in Plant-Based Leather
Investing in Mirum, the new material has a carbon footprint 40 times smaller than conventional leather.
Johanna Ortiz: Feminine Designs Inspired by the Colombian Landscape
Michelle Obama, Amal Clooney, Tamara Falco, and Lady Gaga are clients of the Colombian designer, who’ve particularly taken an interest in her inspiration for nature and commitment to the environment.
Ralph Lauren’s Enhances Circularity Commitment with Team USA Uniform Design
Ralph Lauren demonstrated its ongoing commitment to sustainability with its Team USA uniform for the Beijing 2022 Winter Olympics.
New Report Finds Secondhand Clothing on Track to Take 10% of Global Fashion Sales
ThredUp, one of the largest online resale platforms for apparel, shoes, and accessories, today released the results of its 2024 Resale Report.
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LVMH Aims to Cut Water Consumption by 30% by 2030
LVMH, the multinational conglomerate encompassing renowned luxury brands like Louis Vuitton and Givenchy, has committed to a formidable goal of reducing its global water consumption by 30% by the year 2030.
Top 3 Cotton Standards Procurement Officers Should Include in Sourcing Plan
As only 10-13% of the global cotton supply can be classified as sustainable, it’s imperative that companies understand which standards should be part of a sustainable procurement plan, such as the Better Cotton Initiative, Fair Trade Cotton, and GOTS.
American Circular Textiles Urges Biden to Procure Sustainable Textile Practices
ACT is championing the integration of textiles into the Biden Administration's sustainable procurement plan to achieve net-zero emissions by 2050 as part of the "Investing in America Agenda."