In a landscape of stocks, bonds, property and more, designer handbags may not seem like the most obvious way to diversify your investments, but they’re certainly worth taking a look at.
6 ways to reduce your fashion footprint.
Why the act of repair is crucial in pursuing sustainability
The investment cost-per-wear pieces that never lose their allure.
The equivalent weight of 900 double-decker buses has been saved from landfill, thanks to purchases of pre-loved items this year, according to data from eBay, as sales of secondhand fashion soared during lockdown.
Levi’s is also launching a second hand site this week as brands bet on new business models to connect with consumers and navigate the pandemic.
This hasn’t been a great year for clothes—not new clothes, at least. Fashion spending plummeted a record 79% in April, early on in the pandemic. Those of us who were fortunate enough to work remotely had little reason to shop for new clothes, let alone buy anything discretionary in such uncertain times. Loungewear was the only exception; demand for sweats is still growing.
In spite of the growing demand for eco-friendly clothing, most consumers don’t want to pay more for it. So, what’s the solution?
More than 60 fashion companies have signed on to The Fashion Pact launched by Kering's CEO last year, creating an unusually large industry cross-section that's committed to seven new targets to reduce the sector's environmental impact.