According to Brand Finance’s annual report 2020, Louis Vuitton and Gucci are two of the most popular and valuable luxury fashion brands in the world. According to criteria from WWD, the report bases its evaluation assessment on the brand’s overall value, as well as its influence in shaping consumers’ choices, marketing investments, familiarity, loyalty, staff satisfaction, and corporate reputation.
Since the first factories began manufacturing polyester from petroleum in the 1950s, humans have produced an estimated 9.1 billion tons of plastic. Of the waste generated from that plastic, less than a tenth of that has been recycled, researchers estimate. About 12 percent has been incinerated, releasing dioxins and other carcinogens into the air. Most of the rest, a mass equivalent to about 35 million blue whales, has accumulated in landfills and in the natural environment. Plastic inhabits the oceans, building up in the guts of seagulls and great white sharks. It rains down, in tiny … Read the rest
When it comes to thriving business corridors in Detroit, downtown and Midtown too often get all the attention. Or, when highlighting Black-owned businesses, the Avenue of Fashion along Livernois gets the spotlight. However, there are active commercial centers throughout the city run by dedicated Detroit entrepreneurs.
BridgeDetroit and The Neighborhoods, which is a City of Detroit storytelling initiative, have teamed up to identify Detroit’s thriving neighborhood business corridors and highlight the entrepreneurs who power them. McNichols between Schaefer and Hubbell, near Sinai Grace Hospital in the Hubbell-Puritan and Harmony Village neighborhoods, is … Read the rest
Europe’s landfills are bursting at the seams with discarded clothing and other textiles. Of the 5.8 million tonnes of textiles that EU consumers discard every year, only a quarter is recycled. According to Friends of the Earth Europe, the remaining 4.3 million tonnes are dumped.
That’s equivalent to 60 garbage truckloads of clothes being burned or buried in landfills every minute. This is a pretty bleak picture, but change is underway.
Circularity and innovative solutions are already making the fashion industry more sustainable. This means producing clothes in an environmentally friendly manner, making them reusable and recyclable wherever possible.
This article is part of an editorial collaboration with BCorporation. The BCorp Series can be found here. The original publication can be found here.
B Corps Help You Vote With Your Dollars and Live Your Values During the Holidays
If you inhale deeply this time of year, perhaps you’ll smell the sweet scent of evergreen, with a twinge of pumpkin spice from a colleague’s latte. With the sights and smells of the holiday season all around, it’s also impossible to avoid the mental litter of mass consumerism that overtakes your mailbox, inbox and social feed this … Read the rest