Blog: Luxury labels fail sustainability audit
Leonie Barrie | 30 November 2007
Budget clothing chains have today been knocked in a report from the Co-operative Bank, which found increasing numbers of British shoppers are boycotting cheap brands amid concerns that low cost is synonymous with poor labour conditions in foreign factories. The Ethical Consumerism Report 2007 calculates retailers lost GBP338m in 2006 over consumer worries about sweatshops and low wages for overseas workers.
By implication, then, all should be well at the top end of the market? Well, no. Another report, also published today, claims luxury brands like Tod’s and Gucci fail miserably when it comes to exploiting labour and hiding their supply chains from outside scrutiny. The report from the charity WWF claims to be the first major audit of sustainability in the world's top ten luxury companies.
Surely they should lead by example? That’s exactly what WWF wants, suggesting that producers of luxury goods should use their huge budgets – and justify their high price tags – by setting a new standard for social and environmental excellence.
Increasing competition for garment sourcing contracts is seeing China not only being challenged by other countries in Asia, but by sub-Saharan African and even Russian suppliers too. And it is pushing...
The monthly minimum wage for workers in Cambodia's textile, garment and footwear sector is set to rise to $153 from January next year, following a vote on the issue last week. The increase marks a ris...
The results of two highly-anticipated initiatives in the sportswear sphere were revealed last week: the launch of Under Armour’s new UAS lifestyle brand and the first pair of running shoes created at ...
The recent bankruptcy of South Korea's Hanjin Shipping, the world's seventh-largest container shipper, at the end of August, has left billions of dollars worth of merchandise in limbo, leaving the fal...
- Will new Vietnam wage hinder competitiveness?
- Under Armour Lighthouse will disrupt production
- Digitisation to drive new apparel-making models
- Fashion fit for the future – strategies for speed
- How TAL Apparel is staying ahead of the game
- Marks & Spencer top for modern slavery reporting
- MAS Holdings shares commitment to sustainability
- Gap to shutter all UK Banana Republic stores
- Bangladesh garment workers rally for higher wages
- M&S "unappealing" clothing a barrier to growth
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020