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Ultra-fast fashion is undermining efforts to make the industry more sustainable

Inside Retail

But the sheer volume of garments being whipped up, sold and soon discarded is contributing to a global sustainability crisis. The fashion industry must take responsibility for its actions. Policymakers also have an important role to play in enabling the necessary shift towards a more responsible and circular fashion economy.

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How to understand contradictory consumer behaviour: study

Inside Retail

Many retailers will recognise the reality that despite consumers saying they care about sustainability , their spending tells a different story. The volatility, complexity and ambiguity of the modern world means the pressures on young consumers are compounding – be it financial or social.

Consumer 263
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Retail, POS Finance and the Quest for ESG

Retail TouchPoints

Accusations of “greenwashing” can lead to irreversible damage to reputation and consumer trust, and with environmental social governance (ESG) now high on the agenda for public and private organizations worldwide, it’s changing how many retailers think about their businesses. And how can POS finance fit into the equation?

Finance 244
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NRF Launches Retail Sustainability Center

Retail TouchPoints

The National Retail Federation (NRF) has introduced the Center for Retail Sustainability , designed to help retailers generate economic value while also creating benefits for the environment, communities and societies. As part of the NRF Big Show, the organization will host a Sustainable Retail Workshop on Jan.

Consumer 254
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How social commerce platform Smthgood is reinventing eco-fashion in Asia

Inside Retail

The intersection of technology and sustainability is redefining the fashion landscape in Asia, and one of the leaders of this movement is Smthgood, a marketplace with a mission. Smthgood is a social commerce platform that combines user-generated lookbooks with a fashion marketplace that is focused on conscious fashion brands.

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Traceability is the Foundation of Supply Chain Due Diligence

Retail TouchPoints

In December 2023, the European Parliament and the European Council reached a provisional agreement on the Corporate Sustainability Due Diligence Directive (CSDDD), a sweeping law that mandates companies to actively monitor and rectify any human rights and environmental risks within their global supply chains.

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How Estée Lauder is Making Store Design Sustainable

Retail TouchPoints

Earlier this summer, the Estée Lauder Companies (ELC) announced the launch of a new Responsible Store Design Program to advance its progress toward environmental targets. Prior to the launch of Responsible Store Design, ELC finalized our internal Green Building Standards for all our spaces in the 2020 fiscal year.