2020 COMMITMENT YEAR ONE STATUS REPORT RELEASED Today sees the release of the first annual 2020 Circular Fashion System Commitment (2020 Commitment) status report. Its first year focused on getting fashion brands and retailers to take action on circularity by setting concrete and measurable targets. By June 2018, 94 companies had committed and submitted 206 targets spread across four action points, with most targets set on circular design (58%), followed by garment collection (49%) and recycling (46%), and the fewest set on reuse (24%). Read more
PULSE REPORT SPOTLIGHT: END-OF-USE PHASE The Pulse of the Fashion Industry 2018 report, published in May by Global Fashion Agenda and The Boston Consulting Group, showed that most fashion brands have yet to realise the opportunities that accompany an increased focus on the end-of-use phase of the value chain. Read more
THE COMING YEAR OF THE 2020 COMMITMENT Throughout the first year of the 2020 Commitment we’ve gained unique insights into some of the challenges the industry faces in creating a circular fashion system. Read more
A global Luxury group, Kering develops an ensemble of luxury houses in fashion, leather goods, jewellery and watches such as Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ and Stella McCartney. Kering is also developing the Sport & Lifestyle brands Puma, Volcom and Cobra. By ‘empowering imagination’, Kering encourages its brands to reach their potential, in the most sustainable manner. The Group generated revenues of more than €11.5 billion in 2015 and had more than 38,000 employees at year end.
H&M’s business idea is to provide fashion and quality at the best prices in a sustainable way. We want to make fashion sustainable and sustainability fashionable. As part of this, we make sustainable fashion choices available, attractive and affordable to as many people as possible and we use our size and scale to help lead the fashion industry towards full sustainability.
Target has long been focused on being a responsible corporate citizen. And we’re taking that commitment to a new level. We believe what makes Target unique is that we can leverage our scale, expertise in design and innovation, pledge to transparency and our long-standing commitment to being a responsible, sustainable company to achieve greater good.
The Sustainable Apparel Coalition is the apparel, footwear and home textile industry’s foremost alliance for sustainable production. The Coalition’s main focus is on building the Higg Index, a standardized supply chain measurement tool for all industry participants to understand the environmental and social and labour impacts of making and selling their products and services. By measuring sustainability performance, the industry can address inefficiencies, resolve damaging practices, and achieve the environmental and social transparency that consumers are starting to demand. By joining forces in a Coalition, we can address the urgent, systemic challenges that are impossible to change alone.
BESTSELLER is family-owned fashion company founded in Denmark in 1975 by the Holch Povlsen family. The company houses brands such as JACK & JONES, JUNAROSE, JACQUELINE DE YONG, MAMALICIOUS, NAME IT, NOISY MAY, OBJECT COLLECTORS ITEM, ONLY, ONLY & SONS, PIECES, SELECTED, VERO MODA, VILA CLOTHES and Y.A.S. The products are marketed and sold online and in 2,700 branded chain stores and 15,000 external multi-brand and department stores in 70 markets around the world. BESTSELLER strives for a sustainable development in the fashion industry by developing suppliers in a more sustainable direction and inspiring customers to make more conscious choices.
Li & Fung is a multinational corporation that manages complex supply chains for brands and retailers around the world. It offers end-to-end supply chain solutions from product design and development, raw material sourcing, factory selection, production management and quality control, to in-country logistics, global freight management and e-logistics. With more than 250 offices and distribution centres in over 40 markets across the globe, as well as an extensive network of suppliers, Li & Fung is creating the supply chains of the future, with a mission to make life better for people everywhere along global supply chains.
