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.
Messaging is one of the most important responsibilities of any company or brand, especially today with the proliferation of options across all industries. Messaging is what separates winning companies from also-rans, and it’s what makes businesses attract and, more importantly, retain a customer base. Research from the Harvard Business Review reveals that 64% of consumers cite shared values as the main reason for a relationship with a brand, underscoring the importance of providing a clear message about a company’s identity and values.
In addition to crafting a message, companies must also ensure that their … Read the rest
The environmental impact of fashion waste is overwhelming. Every year the UK alone sends 350,000 tonnes of clothing to landfills. And as the majority of garments are made from oil-based materials like polyester – 22.67 billion tonnes of polyester clothing is produced every year worldwide – they aren’t going anywhere fast. Oil doesn’t decompose, and if burned the material will release harmful chemicals into the atmosphere. There are also problems associated with trimmings such as buttons, zips, studs, and interfacing or lining. When buried with other waste in landfills, the combination of metal … Read the rest
The fashion industry has some major sustainability problems. By 2030, it is predicted that the industry’s water consumption will grow by 50% to 118 billion cubic metres, its carbon footprint will increase to 2,791m tonnes and the amount of waste it creates will hit 148m tonnes.
These predictions are in spite of significant progress being made by brands and retailers to minimise their impact. Many are using sustainable cotton initiatives to reduce water, energy and chemical use, new dyeing technology to reduce water consumption by up to 50% as well as numerous energy and … Read the rest
As Australian consumers step out of their loungewear post-lockdown, many might be looking to buy new clothes for themselves or as gifts.
Whether you’re buying sweatpants or sequins, online or in-store, ethical fashion shopping can be confusing. There are so many terms, certifications, and accreditation systems — not to mention the marketing spin and corporate greenwashing — to navigate.
Our recent research examined the impact modern slavery laws have had on consumer awareness about ethical fashion, as part of a larger project on modern … Read the rest